Costa Rica is not only a popular investment destination for foreign individuals, businesses and industries; it is increasingly receiving funds from foreign governments and multi-national organizations as well. Two recent examples are investments by the World Bank and the Chinese government. The World Bank approved a three-year, $258 million lending program in early September. The [...]
Archive for the ‘Costa Rica Developments’ Category
World Bank, Chinese Government Invest in Costa Rica
Posted in Costa Rica Developments, International Relations, tagged Investment, Jaco, Puntarenas, World Bank on October 10, 2008 | 2 Comments »
Initial Phase of Sonesta Jaco Resort Complete
Posted in Costa Rica Developments, Tourism, tagged Jaco Beach, Luxury Resorts on August 28, 2008 | Leave a Comment »
All exterior work has been completed on the final building in the first phase of the Sonesta Jaco Resort, heralding the grand opening of the largest and most luxurious high-rise resort on Costa Rica’s Central Pacific Coast. The eco-conscious site plan’s modern, curvilinear design stands out against the more traditional styled buildings in the area. [...]
Buyer’s Market In Costa Rica
Posted in Costa Rica Developments, Costa Rica Real Estate, tagged Buyer's Market, Economy on August 20, 2008 | 1 Comment »
Costa Rica is a very beautiful and diverse country. From Caribbean and Pacific beaches to mountains, plains and the Central Valley, there is something for everyone. But natural beauty is far from the only reason people invest in land here. Another reason is that property can still be found at reasonable prices, especially compared to [...]
IDB Finances Sustainable Development along Panamanian Border
Posted in Costa Rica Developments, International Relations, tagged IDB, Sixaola, Sustainable Development on August 4, 2008 | Leave a Comment »
“President Oscar Arias this week signed a $9.2 million loan from the Inter-American Development Bank (IDB) that will be used to finance sustainable development projects in the Sixaola River Basin on the Panama border. Costa Rica will contribute an additional $2.8 million to the effort, for a total budget of $12 million. (The Tico Times, [...]
Costa Rica – The Perfect Investment Climate?
Posted in Costa Rica Developments, tagged Development, Economy, Investment on July 14, 2008 | Leave a Comment »
As mentioned in a previous post, the World Economic Forum designated Costa Rica as Latin America’s most competitive tourism destination in 2007. This ranking is borne out as developments such as the Mandarin Oriental and the Cacique Resort are proposed and built in ever-growing numbers. Costa Rica also led the rankings for Central American Countries [...]
Upscale Development Planned for Jaco
Posted in Costa Rica Developments, Costa Rica Real Estate, Tourism, tagged Jaco on July 9, 2008 | Leave a Comment »
The province of Puntarenas spans most of Costa Rica’s Pacific coast and is, after Guanacaste, one of the hottest regions for development in Costa Rica–which is, itself, among the world’s best investment locations. In 2007, Costa Rica was recognized by the World Economic Forum as the most competitive tourism destination in Latin America. British property [...]
Mandarin Oriental to Develop Luxury Resort at Manzanillo Beach
Posted in Costa Rica Developments, Costa Rica Real Estate, Tourism, tagged Guanacaste on June 24, 2008 | 1 Comment »
Mandarin Oriental, the award-winning owner and operator of some of the world’s most prestigious hotels and resorts, is developing its first Central American property at Manzanillo Beach, Costa Rica. Rancho Manzanillo will be an exclusive 538-acre gated golf and residential development including the 130-room Mandarin Oriental hotel, slated to open in 2010. The complex will [...]
Cacique, Costa Rica Marries Ecotourism With Luxury
Posted in Costa Rica Developments, Costa Rica Real Estate, tagged Cacique, Development, Real Estate on April 8, 2008 | 1 Comment »
As the market for ecotourism flourishes in Costa Rica, new developments are looking to innovate and offer more options to the environmentally-friendly traveler. One such destination is Cacique, Costa Rica. With a whopping investment estimated at $800 million, this luxury resort located on the country’s northern Pacific coast and popular tourist region of Guanacaste is [...]
Sustainable Tourism in Costa Rica
Posted in Costa Rica Developments, Costa Rica Real Estate, Tourism, tagged Development, Real Estate, Tourism on April 7, 2008 | Leave a Comment »
The Certification for Sustainable Tourism in Costa Rica (CST) was developed by the Sustainability Programs Department of the Costa Rica Tourist Board and the Costa Rica National Accreditation Commission. According to their website, it is a program designed to categorize and certify major tourism-related companies within Costa Rica by their degree of compliance to a [...]
Growth In Hotel Chains In Guanacaste
Posted in Costa Rica Developments, tagged developments, hotels, playa brasilito, playa manzanillo on March 20, 2008 | Leave a Comment »
The Pacific Coast is becoming a hub for large hotel chain investments. The trend is projected to continue further South into the Central Pacific region and onto the Caribbean coast eventually. Guanacaste’s northern Pacific coast could see as many as 20 high-end hotels and resorts in the next five years, according to plans by local [...]
