Costa Rica has been the buzzword for those seeking a tropical Disneyland-like eco-tourism experience. A place where monkeys, birds, and butterflies playfully share their piece of paradise. A country known by biologists as having the richest biodiversity in the world. Nature truly smiled on this small country of only 52,100 square kilometers, with the geography and
climate making it an ideal location for tourism and real estate appreciation. Property values have increase nearly 34% annually since 1998, with an even higher return on land with a home. This appreciation has been primarily reflected in the Northwest region of Costa Rica, the Province of Guanacaste. This is where Costa Rica’s second International Airport was built and new infrastructure made this primarily arid region the area of choice for both investors and those seeking a retirement/vacation home. Historically, the only tourists venturing down the Pacific Coast were those going to see Manuel Antonio National Park, (the most visited park in Costa Rica), and the surfing crowd going to Dominical and the “Southern-Zone” where “the mountains meet the sea”. Changes are coming … this out-of-the-way place is not so out-of-the-way anymore!
1) A New International Airport (Costa Rica’s third) is being built in Palmar Norte and is scheduled to be open for International flights by 2010. (Just 45 minutes from Hacienda Matapalo)
2) A New 80,000 square foot Hospital is currently under construction and nearly complete. (Only 20 minutes from Hacienda Matapalo)
3) The Costanera Highway (Pacific Coast Highway) is in the final stages of being a road improvement project which included rising, widening and paving the 26 mile stretch connecting Quepos and Dominical. (Including the town of Matapalo)
4) The largest, and only, full service marina in Central America is being built in Quepos and is currently under construction. (Located approximately 16 miles from Hacienda Matapalo)
This has led to a new construction boom, which is bringing developers to the
area just now seeking the right property to purchase and begin planning their development. However, one developer with the right affiliations and information was able to place themselves ahead of the curve. The partners of Hacienda Matapalo set out to find the most spectacular piece of land in the region, and boy did they ever!
They identified and put under contract 665 acres of lush land and forest with three natural springs and naturally created waterfalls that will take your breath away. After an intense, six month due diligence, the partners closed on the property and began the initial environmental and planning work of what would be a master-planned, gated community with amenities never before available in the region. One of Costa Rica’s most respected law firms, Pacheco-Coto (www.pachecocoto.com), was retained as counsel and the leader in environmental protection, INDECA (www.indeca.info), was hired to conduct the environmental surveys on the property.
Hacienda Matapalo (www.haciendamatapalo.com) is now in the final stages of the permitting process, and is offering an opportunity for savvy investors and those seeking a retirement/second home. A limited number of pre-construction prices are available to the readers of this publication at this time.
Many individuals have been attracted to Costa Rica for a means to diversify their retirement portfolios. Costa Rica real estate serves as a great hedge against the cyclical changes in the stock and bond markets, the US economy, and the falling US dollar.
A little known option for investing in real estate is using your Individual Retirement Account. All types of retirement accounts can be converted, tax-free, to a Self-Directed IRA and subsequently invested in all types of real estate. The Developer of Hacienda Matapalo is extremely well versed in the use of Self-Directed IRA’s for real estate purchases. Having this knowledge has allowed the Developer to work with Buyers on an individual case-by-case basis, customizing contracts based upon that particular individual needs and working capital. In fact as of January 2008 nearly 27% of the purchases at Hacienda Matapalo were made with Self-Directed IRA’s
Quepos has long been regarded as a fishing haven; however, access to the region’s fishing grounds is nearly impossible. Boating facilities and services in the region are extremely limited. Marina Pez Vela will provide a safe haven and fully staffed maintenance facility for boaters. “We are confident Marina Pez Vela will satisfy the tremendous demand for marina services in the region, which have gone largely unmet until now and will provide access to Costa Rica’s tranquil, rich waters and stunning coastline,” commented John Kane, partner in the project.
codes and standards.
flows down it sides. Having stayed at the majority of luxury hotels in Arenal, la Mansion Arenal still holds the crown for the most authentic and natural stay in the Arenal area.The hotel is situated close to Nuevo Arenal (New Arenal) which is called this due to the Viejo Arenal (old Arenal) being under the man made lake Arenal. It is situated on the shores of the lake and boasts 16 beautiful private cottages all with their very own private tropical gardens and views over the lake and hills of Guanacaste. The hotel is privately owned by the Ponteur family who originate from Belgium, however have been in Costa Rica for over 25 years.
Standing in a lava field about 2 miles from the mountainside, I watched boulders the size of Chevy Suburbans fly out of the clouds and tumble down the gray and black slope.
Down the trail, Araya pointed out a termite mound, as big as a cluster of bowling balls, growing around a tree stump. The tiny bugs crawled around the nest.
development company with their investments in the promotion of their luxury resorts.











