Costa Rica Real Estate, Del Pacifico at Esterillos

Seaside Town, Tropical Soul

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Special Offer to International Living Visitors to Costa Rica

I wason the plane recently, coming back from Del Pacifico &Alma del Pacifico Hotelfor the inauguration of the Beach Bar at Alma... 

During my trip I met four different people who were subscribers to a publication called International Living which is published by Agora Publishing. Agora also publishes hard asset oriented newsletters, including the Oxford Club Communique & the Sovereign Society Newsletter. It struck me that this was a disproportionate number of the total people who read these investment newsletters. Over the past several months we have also met several people visiting Costa Rica to look at real estate investments at projects in the Southern Zone of Costa Rica, like Hacienda Matapalo & the Pacific Lots projects on the Osa Peninsula. Over the past year perhaps a dozen people have visited Del Pacifico after their visits to Osa to view real estate. The general consensus is that Del Pacifico is much further along than these other projects in Southern Costa Rica. Coincidentally, all these visitors actually drive through Del Pacifico on their way to the south.

For anybody wishing to visit with us on your trip to Costa Rica, please contact our US office and we will arrange a special discounted rate to stay at our beachfront hotel or in one of our extraordinary condos. 410-727-6444

Notes from Vancouver

Lolly and I just spent the last week in Vancouver attending the Agora Wealth Symposium which attracted over 800 internationally oriented investors. The topic this year was "America:Fight or Flight" as many people are concerned about an increasingly tax-hungry Washington, D.C. implementing a more "progressive" tax system to fuel big government. William, Fernando & Leslie also joined us and our presentation on Costa Rica: Creating Your Safe Haven in Paradise was well received. We also had over 100 people visit our booth to discuss how owning real estate in Costa Rica could fit into their personal financial planning. Please feel free to e-mail us if you would like to receive a PowerPoint of our presentation.

Vancouver is an incredible city where the climate was in the 70 degree range - similar to the breezy weather in San Jose, Costa Rica. What was amazing was the incredible real estate bubble they are now experiencing in Vancouver. Waterfront luxury condominiums are now selling for $2000 per square foot! That equates to about $4.2 million for a three-bedroom condominium. Now compare that to our condos at Del Pacifico which are selling for about $250 per square foot. The real estate boom in Vancouver has been fueled by a large influx of people from Hong Kong and more recently mainland China and it's estimated that over 20% of all the condos there are purely for investment and are vacant.

At the conference we ran into a number of old friends including Bill Bonner of Agora, Rick Rule of Global Resources and also some of our long time owners at Del Pacifico including Dennis Hopton who traveled from Hong Kong, and Linda Stack from California. We were fortunate to be with this group of people during the budget debate as it became clear that a growing number of people are looking at adding rental resort properties to their investment portfolio for a "just in case" investment; in fact a number of people will be coming to visit Del Pacifico in the next several weeks and we have offered them a special end of summer "friends and family" rate at our beachfront Alma del Pacifico hotel of $157 for a garden villa. If you would like to inquire about this rate please contact our Baltimore office directly for availability.