New Ramada Resort, Jaco Beach, Costa Rica

Jaco Beach, less than two hours from Costa Rica’s capital San Jose, is the country’s booming beach town. Ramada Resort and Residences, now commencing construction, undoubtedly will become one of Costa Rica’s leading condo resort destinations. “Real estate profits are made at time of purchase and realized when sold”. Pre-construction discounted prices available until 23 February 2007.

Ramada Resort and Residences

Combine a profitable condo investment with memorable beach holidays at Jaco Beach, Costa Rica The 30 June 2006 edition of the Guardian Weekly* published an article quoting the Merrill Lynch investment bank and the international consulting firm of Capgemini titled “The rich get even richer in the developing world”.

Not only has there been a spectacular worldwide growth in High Net Worth Individuals but an even greater increase in the numbers of Ultra High Net Worth Individuals (defined as holding financial assets in excess of $30 millions).

The report suggests the world’s super-rich are moving money out of the U.S. The U.S. remains the world’s most popular region for investment but an increasing number of Ultra High Net Worth Individuals are transferring assets to emerging markets such as Latin America and Asia-Pacific. Costa Rica, economically and politically the most stable of Latin American countries, is the annual recipient of billions of dollars of multi-national long-term investment directed to substantial industrial and commercial projects, financial services and the rapidly growing tourism industry. 

Jaco, less than two hours from San Jose, Costa Rica’s capital and international airport, is the country’s major booming beach resort town.
Without question Jaco is Costa Rica’s Central Pacific tourist centre and an area offering outstanding investment potential for real estate investors.

Ramada Resort and Residences at Jaco Beach, Costa Rica

Welcome to Costa Rica’s newest and most complete resort development. This luxurious $45 million hotel and residential complex, being built in heart of Jaco Beach, includes all the amenities of a full-service four-star 72 room beach resort hotel. The hotel will be managed by Ramada, one of the largest U.S. international hotel chains (more than 6.000 hotels).

All the comforts and convenience of a self-contained condo community are combined with recreation facilities, three pools, gym, spa, full service restaurant, snack shop, bars, stores, guarded parking and a 24-hour concierge service plus maintenance and housekeeping. Free shuttle service provided. 

The 228 fully furnished deluxe residences, including 12 penthouses, are located in six 10-story towers. Owners can participate in the income producing rental program and international time-sharing vacation program sponsored by RCI the world’s largest Global Vacation Network company.

Long-established and highly regarded U.S. companies, joined with Grupo Zeta, the Costa Rican developer and major industrial company, and BANEX, Costa Rica’s largest private bank, are involved in the Ramada Resort and Residences project. 

The companies providing ancillary services such as construction, engineering, specialized consulting, mortgages, escrow services, closing of purchase contracts, maintenance, renting condos and selling timeshares enjoy equally high reputations.

Pre-construction prices are valid until 23 February 2007. These prices are discounted 20% to the $282.000-336.000 range. In addition, investing through Costa-Rica Real Estate can save investors additional money. Ask for details.

“Real estate profits are made at time of purchase
and realized when sold”

Requisites of a secure investment

1.Quality. Business reputation, experience and financial standing of the principal companies developing the project is paramount. The ability and commitment to create a project, and carry it through to successful completion, is of vital importance to investors.

2.Diversification. Spreading real estate investment risk from increasingly soft, over-inflated property prices in the U.S. is a sound business strategy. Costa Rica’s tourism industry and retirement communities are rapidly developing offering comparatively very attractive prices.

Aside from condo projects land values in Jaco are steadily increasing creating excellent diversification opportunities. Jaco land prices are considerably less than beach area prices the U.S. 

3. Liquidity. Irrespective of location and type of real estate it is not as liquid as securities or commodities traded on international exchanges. However, taking into consideration the quality (1 above), combined with realistic profit potential, strictly limited availability of investment units (condos), and long-term financing from a major Costa Rican bank, qualified buyers will always be attracted. 

4. Profit Potential. “Real estate profits are made at time of purchase and realized when sold”. Buying at substantially discounted pre-construction prices is a head start to meaningful short to medium-term profits. Investing through Costa-Rica Real Estate (prior to 23 February 2007) can save you money in a number of ways.

5. Leverage. Availability of the developer’s generous terms of payment, and flexible mortgages provided by Costa Rica’s largest private bank, creates leverage potential. Utilizing leverage enhances profits of a single condo investment and merits consideration of investing in multiple condo units.

Costa-Rica Real Estate recommends investment in Ramada Resort and Residences at Jaco Beach. This excellent project conforms to all requisites which Costa-Rica Real Estate believes constitute a successful Costa Rican real estate investment.

Yes, the Ramada Resort and Residences sounds great for vacations and equally attractive for short to mid-term investment.