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Investors in 2004, during the first phase of the Costa del Sol project,
invested $22,500 for 5000 square foot lots. This required a bit of faith
and enormous foresight.
That faith and foresight has paid off handsomely. These early buyers have
already seen their property double in value with a rate of appreciation that
will surely continue as sales of Phase 2 proceeds. Lots in Phase 2 start at
$45,000 and we predict that by late 2006 they will be selling for twice
that.
Hot Tropics Real Estate has been given an exclusive opportunity to
pre-sell Phase 2 lots in Costa del Sol at the special cash price of $38,000.
Although that is more than people paid in 2004, it is a lot less than what
they will be paying in 2006, assuming that there are any lots left at that
time. All 56 lots in Phase 1 sold out in less than a year.
We highly recommend this project not only for the proven investment
potential, but also because it is a beautiful, very well conceived
development in an ideal location with excellent access. The constantly
improving infrastructure in this part of the country also bodes well for
long-term appreciation.
This is a gated condominium project of only 130 lots that was begun in
February of 2004. Located almost exactly half way between Jaco beach
and Manuel Antonio National Park, two of the most popular destinations in
Costa Rica. Each of these lots measures 502m2 or roughly 5000 square feet.
Every one of these lots is in a privileged position to enjoy the magnificent
pacific sunsets this area is famous for.
The project is fully enclosed and includes a gated entrance with fountain
and guard house, a club house and barbeque area for residents, a swimming
pool for adults and another for children, multiple lakes and water features,
a tennis court, a basketball court and a playground. It is a beautiful
development, by any standards.
For a very reasonable price, the developers will offer construction of two
and three bedroom villas or the owner can choose their own contractor.
Construction is limited to only 50% of lot size, which will allow abundant
green areas and privacy.
With the active resort town of Jaco only 20 minutes to the north and the
exuberant tropical foliage and white sand beaches of Manuel Antonio only 40
minutes south, this area is poised to become one of the best investment
possibilities we’ve ever seen. When the new highway is finished from San
Jose to Orotina within the next couple of years, this project will only be
an hour from San Jose.
The developers are well established local entrepreneurs who have built
multiple condominium projects in San Jose and have the experience, expertise
and financial ability to follow through on their plans.
Each lot in this condominium is only $45,000, with full title and all
services, ready to build. That comes to only $90 per meter in an area where
you’d be lucky to find anything near the beach for less than $140 per meter,
and without the infrastructure. Additionally, to inaugurate the start of
sales in Phase 2, the developers are offering Hot Tropics the exclusive
right to offer lots at the astonishing price of only $38,000 for a cash
purchase. This is an excellent investment opportunity.
In phase two, the developers will be building an 870 square foot house with
two bedrooms and one bath, cement construction with a tile roof for $60,000.
Larger homes up to a 2300 square feet will also be available, which means
that for less than $120,000, you can own a lot and a house on the beach in
Costa Rica in a gated community which can be left alone or rented when
you’re not here. This is, in so many ways, the best deal we’ve seen in
years.
If you’re thinking of getting your feet wet in Costa Rican real estate,
then right now, today, is the time to do it. Certainly, this project will
be completely sold out within a year.
If the notion of having a beach condo in Costa Rica is inviting to you, then
do it. It will not get better than this.
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