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The Coco Marina developed by the Asociacion para el Desarrollo de la Marina del Coco (ASODEMAC) has obtained the authorization to operate by CIMAT. Previously, SETENA aproved the environmental impact study so right now the project is just awaiting the ...[Read More]
Houston Airport Systems (HAS) has reached an agreement to purchase all of Alterra Partner´s shares and take over the ongoing renovation of the Juan Santamaria Airport. HAS is the current administrator of three airports in Houston, Texas which handles ...[Read More]
Avenida Escazu is the newest and most ambitious project to ever be developed in the capital city of Costa Rica, San Jose. This project was awarded as the Best Master Plan in Costa Rica in 2006 and is currently full under construction and promises to change ...[Read More]
The prestigious Forbes Magazine has voted Tamarindo "Costa Rica´s Most Popular Beach". Tamarindo was voted among several other popular beaches mainly due to its great conditions for practicing sports such as surfing and having better facilities, ...[Read More]
Rosewood Residences at Costa Carmel located in Zapotal, Guanacaste features a 110+ acres oceanfront property that will feature an 80 room Rosewood Hotel, Spa, Nature Laboratory & Environmental Center, Adventure Center, Beach Club, Infinity Edge Pools, ...[Read More]
RIU Hotels has begun full construction of its new undertaking, a 5-star All Inclusive hotel built by the firm itself located on the oceanfront in the beautiful region of Matapalo, Guanacaste on Costa Rica's Northern Pacific Coast. The hotel will consist ...[Read More]
Wyndham Resorts has announced they have partnered with a local Costa Rica investment firm to develop a project in Jaco Beach called Wyndham Resort & Residences in Jaco Beach. The project will consist of two adjoined high-rise towers with a common lobby, ...[Read More]
Despite economic worries in main North American Markets, Costa Rica's tourism industry is still growing. Last year was unquestionably a year of growth for Costa Rica's tourism industry and the beginning of 2008 confirms consistency. International ...[Read More]
The United Nations´ International Labor Organizaton (OIT) has listed Costa Rica as having the lowest unemployment rate in Latin America and the Caribbean at 4.8%. Costa Rica had an incredible drop from 6% to 4.8% in 12 months and beat out other bigger ...[Read More]
Costa Rica was named this week as "Top Latin American Tourism Destination" by Travel Weekly during the Feria Internacional de Turismo (FITUR) in Madrid, Spain. Travel Weekly awarded Costa Rica based on an annual survey among its 140,000 subscribers, ...[Read More]
The organization of the Feria Internacional de Turismo (FITUR) in Madrid, Spain awards each year the best stand in the event. This year the award was won in the country category by the Instituto de Turismo Costarricense (ICT) due to its steller Costa Rica ...[Read More]
The 2008 Environmental Performance Index (EPI) managed by Yale and Columbia Universities announced at the World Economic Forum in Davos, Switzerland the top ten countries in the world for environmental protection. The top five ranking nations in the World ...[Read More]
In the past few years, Panama has become a magnet for large scale real estate developments due to its natural beauty, thriving banking industry, government incentives and premium infrastructure. This popular country in Central America is considered to ...[Read More]
Famous golf course architect Tom Doak will design the new Cacique del Mar golf course in Playa Hermosa, Guanacaste on the North Pacific Coast of Costa Rica. Tom Doak is the leader of "Renaissance Golf Designs" a world class Michigan-based firm ...[Read More]
A group of Costa Rican and American investors named Grupo Caribeno Internacional S.A. is set to develop a $40 Million Marina in Playa Negra, Limon. The new Marina will feature 398 boat slips, commercial plaza, adminstration office, warehouses and an area ...[Read More]
The Ritz-Carlton Hotel Company LLC has announced the opening of a 150-room five star luxury hotel located in Playa Guacamaya in the province of Guanacaste in Costa Rica. The hotel will located within the Guacamaya Development project, a 900 hectare property ...[Read More]
Plantacion Properties, a subsidiary company of Christie´s Great Estates, has announced their plans to invest $250 Million in an ultra luxury tourism project in Playa Guacamaya in the province of Guanacaste. The project comprises 900 hectares and ...[Read More]
During the first semester of 2007, approximately 50,258 more tourists entered Costa Rica compared to the same semester in 2006. This means that Costa Rica had a 6.42% increase in tourist arrivals, placing Costa Rica as the undisputed leader in tourism ...[Read More]
According to experts, property fraud has increased by 700% in the past 5 years due to the increase in development and the rise of real estate prices in Costa Rica. This is why a local Costa Rica firm has recently developed a service called the Private ...[Read More]
Air Comet is now flying between San Jose and Madrid three times per week which will represent 46,000 aditional seats per year between Europe and Costa Rica. This new route will increase by 25% the availability of seats in the first year of operations and ...[Read More]
Tranquilo Residences is a new $25 Million fractional ownership project being developed in Punta Leona in the Central Pacific. The project is being developed by Costa Rican developer Guillermo Carranza & Sons along with other investors led by North ...[Read More]
Novita Capital, a Costa Rica based firm, is currently developing a rainforest them park in the caribbean coast of Costa Rica. The theme park includes interactive live exhibits of snakes, frogs, and butterflies, walking trails, an open air gondola ride ...[Read More]
Isla Moin Resort, Residences & Marina is being developed on approximately 208 acres with 8200 feet of beachfront and 8200 feet of deep water canal frontage. This exclusive gated community includes 560 resort residences and 100 beachfront villas as ...[Read More]
Mandarin Oriental Hotel Group has announced that it will manage a new luxurious beach resort and branded residences at Playa Manzanillo, Guanacaste. The 130-room resort will open in 2009 and will be developed within a 538-acre gated golf and residential ...[Read More]
Grupo Zeta, a large Costa Rica firm which is currently developing the Ramada Resort and Residences in Jaco, has recently announced the construction of a new 15 hectare 100,000 m2 free-trade zone in the province of Cartago. This new complex will be called ...[Read More]
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