Marina Cove – Costa Rica

Paradise Found! Marina Cove Estates Luxury Condominiums are located in the Central Pacific of Costa Rica’s most moderate climate. Here you’ll find what you are looking for! Marina Cove is nestled in Herradura Bay, with the exotic jungle as your backdrop and the Pacific Ocean beyond. A home away from home offering the most elegant amenities. Fine Dining, Golf and Marina are at your door step!

Situated close to two of Costa Rica’s National Parks, Manuel Antonio and Carrara, the surf town of Jaco, 2 new shopping centers, Marriott’s Los Sueños Resort and the newly unveiled St. Regis Hotel and Residences.

Marina Cove Estates is the ultimate in location, tranquility and enjoyable investment that you will find in Costa Rica!

Costa Rica is Central America’s jewel. Literally meaning “Rich Coast”, Costa Rica is an oasis of calm and subtle beauty. Is a small country of diverse geography and topography. The country has both a Caribbean and Pacific coast and is situated between 8 and 11 degrees North latitude. A series of volcanic mountain chains run from North to South. The country’s biodiversity attracts nature lovers from all over the world; its tropical forests contain over 1,500 tree species. National parks cover almost 12% of the country and forest reserves and indigenous reservations boost the protected land area to 27%.

The nation’s climate is classically divided into two seasons: rainy and dry. The dry season runs from December through April and the rainy season from May to November. Average temperatures range from the 80`s (29c) in the coastal region to the 70`s in the Central Valley (21c)

Price of Complete Project:

$2 000 000

FEATURES & AMMENITIES

Private luxury condominiums with ocean views.
Amazing landscaped tropical gardens with fountains.
High-end quality finishings.
Swimming pool with Jacuzzi.
Children's pool.
Gym.
Gated community with 24-hour security.
Covered Social Area.
Private covered parking spaces.
Private golf cart parking.
Private storage units.
Purified drinking water.
Water treatment plant.
Back up power.
Visitor parking.
1 panoramic elevator.
1 luggage elevator.

FINISHES AND IMPORTANT DETAILS

Master suite with walk-in closet.
Master bathroom with Jacuzzi bath and oversized walk-in showers with tempered glass doors.
Upscale fixtures and counter tops.
Kitchen with breakfast isle, solid granite countertops and quality wood cabinetry.
Kitchen with purified drinking water equipment and all stainless electric appliances.
Luxury plumbing fixtures in all bathrooms and kitchen.
Finely crafted solid native hardwood exterior entry doors.
9 to 10 ft gypsum coffered ceilings.
Vaulted ceiling in master bathroom.
Large, clear glass folding/sliding window and doors for expounding the panoramic ocean and mountain views.
High quality handmade tile throughout.
Spacious covered balconies for outdoor living with clear tempered glass railings.
Linen closets with wooden louvered folding doors.
Decorative lighting.

Finalcial Plans

In the last few years, Real Estate investments in Costa Rica have shown better return than most other forms of investments with the value of the international currencies even affecting the US dollar.

In Costa Rica, the appreciation of Real Estate, specifically on coastal titled properties, is tremendous with no cap in sight.

The continuous construction of shopping malls, office centers, educational institutions and medical centers, guarantees that development in the Central Pacific Zone is setting the stage.

With the release of preconstruction pricing of Marina Cove Estates, our investors will enjoy a quality project of the highest standards and the potential of excellent capital gains.

Projection:

Eco-tourisms

Nearly 6% of the world’s bio diversity can be found in Costa Rica which ranks first in ecological tourism in the world. This coupled with the fact that according to a recent KPMG report 75% of all current tourists state “green” hotels and eco-friendly tours are a priority when choosing a destination make Costa Rica literally the natural choice. Total tourism revenue is estimated at $2 billion for 2006.

Convenience

Baby Boomers, families, and single travelers make up the majority of current travelers. Even though this leisure travel segment is taking more trips fueled by the shifting
Growth in disposable income of retiring Boomers, they tend to be shorter trips. Costa Rica’s two major airport located in San Jose and Liberia provide efficient access from, most major port cities throughout the US. San Jose, for example, is less than a 3 hour commercial flight from Houston.

Costa Rican Economy

Costa Rica is considered to be one of the most stable economies in Latin America as it has maintained a sustained average annual growth rate of 7.9% for the previous 25 years. Costa Rica supports one of the highest skilled labor rates in the world due to its 96% literacy rate in emphasis on human reinvestment. It has realized record Foreign Direct investment growth over the past 20 years primarily driven by the creation of multiple free trade zones.

Costa Rica has been labeled the “Silicon Valley of Latin America” due to the significant presence of major manufacturers such as Intel, Motorola, and Microsoft. The dollarization of the economy has provided a natural hedge and stable base for FDI in light of potential inflationary concerns, inflation for the 12 months prior to March, 2007 was 9.22% compared with 12.22% in the previous 12 month period. The trend is till downward as capital controls and national trade policies are implemented to achieve a 6% goal by 2008.