Campaigns
Papagayo (Under Construction)
UNDER CONSTRUCTION
This section is designed to host detailed information using the downloads at the bottom of this page.
The following text will be updated shortly and is currently a repetition of general information located at "Opportunities" > "Papagayo".
Please excuse our work in progress.
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The Papagayo area has been designated by the Government as a Tourist development priority for the country. These ICT concessions are very unique when compared to rest of the country. This area has a Master plan, unique set of by-laws, building restrictions, government guarantee for utilities, and the federal government has jurisdiction over this land, not the local municipalities.
Our property is in the heart of Papagayo, directly across the Bahia Culebra from the Four Seasons Hotel, and about 20 minutes from the Daniel Oduber airport. We believe this is the one of the best location in all of Costa Rica, and one day will become the French Rivera of Central America.
We estimate that there is about 8-10 billion dollars planed to be invested, "the smart money" in the Papagayo area over the next few years, i.e. (15 five star Resorts). Steve Case has publicly announced his plans for the $800,000 dollar resort which is located about 2 miles away for our property.
Our Neighbors, the new Weston Hotel and the Viceroy Hotel have both broken-ground. The estimated completion for these two resorts is 18-36 months, w/ appx ($500 to $600) hundred million dollar combined development budgets, for just these two projects.
Our commercial frontage on the Boulevard is also a prime development opportunity. The neighboring developers, and us, envision the boulevard to become the next "Rodeo Drive" of Costa Rica. Development plans include a 5 star casino, amphitheater, many high end shops and restaurants, directly across the street from our property.
Two of the best assets this area has to offer for developers, are the available water resources, and a perfect climate. The experts estimate there is an adequate supply of water in the reservoir (2-3 miles away) to fulfill the needs of community indefinitely. The climate is a "dry temperate rain forest" which is just perfect for the Americans traveling south for the winter months. During the high season Papagayo receives very little rain. The combination of the Papagayo winds to cool things down, and perfect sunny days, creates a tropical paradise for tourism.
This section is designed to host detailed information using the downloads at the bottom of this page.
The following text will be updated shortly and is currently a repetition of general information located at "Opportunities" > "Papagayo".
Please excuse our work in progress.
______________________________
The Papagayo area has been designated by the Government as a Tourist development priority for the country. These ICT concessions are very unique when compared to rest of the country. This area has a Master plan, unique set of by-laws, building restrictions, government guarantee for utilities, and the federal government has jurisdiction over this land, not the local municipalities.
Our property is in the heart of Papagayo, directly across the Bahia Culebra from the Four Seasons Hotel, and about 20 minutes from the Daniel Oduber airport. We believe this is the one of the best location in all of Costa Rica, and one day will become the French Rivera of Central America.
We estimate that there is about 8-10 billion dollars planed to be invested, "the smart money" in the Papagayo area over the next few years, i.e. (15 five star Resorts). Steve Case has publicly announced his plans for the $800,000 dollar resort which is located about 2 miles away for our property.
Our Neighbors, the new Weston Hotel and the Viceroy Hotel have both broken-ground. The estimated completion for these two resorts is 18-36 months, w/ appx ($500 to $600) hundred million dollar combined development budgets, for just these two projects.
Our commercial frontage on the Boulevard is also a prime development opportunity. The neighboring developers, and us, envision the boulevard to become the next "Rodeo Drive" of Costa Rica. Development plans include a 5 star casino, amphitheater, many high end shops and restaurants, directly across the street from our property.
Two of the best assets this area has to offer for developers, are the available water resources, and a perfect climate. The experts estimate there is an adequate supply of water in the reservoir (2-3 miles away) to fulfill the needs of community indefinitely. The climate is a "dry temperate rain forest" which is just perfect for the Americans traveling south for the winter months. During the high season Papagayo receives very little rain. The combination of the Papagayo winds to cool things down, and perfect sunny days, creates a tropical paradise for tourism.
