Costa Rica Land Trust Newsletter - May 2006

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Costa Rica Land Trust Newsletter

 

May 2006 Edition

 

{{{firstname}}}, I hope everyone is looking forward to the start of the summer and the warmer weather.  Things are well in Costa Rica and progress continues.  Do you have a coming trip planned?  If so, drop us an email and we will make arrangements to meet up.  Saludos, Ben.

Featured in this edition:

View from the Puerto Jimenez property       of the Golfo Dulce

 
I Will Be in Costa Rica in June - Email me
 

I will be in Puerto Jimenez June 12th, 13th and 14th.  I have two visits already scheduled during my stay but if you are going to be in Costa Rica during that time or know someone who is, we would be more than happy to accommodate them on a tour of the property.

Puerto Jimenez is located on the Osa Peninsula which is about 90% national park which means most of the land will never be developed.  Those with titled properties in this area will benefit from the limited development -- it will remain very close to pristine.

Contact me if you want to make a property visit to Puerto Jimenez during my trip or at anytime in the future.  I included some new pictures of the property below.

One hectare (2.5 acre) pre-infrastructure lots available now for $80,000.

Panoramic view of the Golfo Dulce - It looks better in when you are there!

In addition to the excellent ocean views on the property, there is a large waterfall at the base of the property. We will have better pictures and video for the next newsletter. The pre-infrastructure offer is good for only the first two properties we sell then the price will increase. When the property is built-out with infrastructure like Vista Del Mar, lots will be in the $125 to $175K range.

Large, multi-step waterfall with pool

Southern Zone Airport - Official Site Selected
 

Progress continues towards an international airport in the Southern Zone.  An official site has been selected in Sierpe (near Palmar) and a government committee funded to further the process of making this become a reality.

I have long maintained that a Southern Zone airport is inevitable due to the commercial success of the Liberia airport in Guancaste.  As we all know, progress and convenience will be accompanied by environmental threat.

It will also drive property values because a 4-hour drive from San Jose or puddle jumper flight will no longer be needed.  Access to this area will likely begin from major flight hubs from the US; Atlanta, Miami, Dallas/Houston, New York, Chicago and West Coast Airports.

Following is the article that we recently published in the Tico Times:

Southern Zone Airport Advances

By Rebecca Kimitch
Tico Times Staff
rkimitch@ticotimes.net

The prospect of taking a direct flight from the sophisticated streets of London to the untamed jungles of Costa Rica's Southern Zone may be on its way to becoming a reality. Officials recently selected a site between the towns of Sierpe and Palmar Sur, off the Inter-American Highway, as the future home of the still-unnamed Southern Zone international airport.

While some hope the airport will push the area to become as internationally popular as the northwestern province of Guanacaste, where development is burgeoning and the airport needs expansion, others worry it might destroy the untouched wilds of a region known for its remoteness.

Promises of a Southern Zone airport have been made for years; however the Ministry of Public Works and Transpor-tation (MOPT) finally appears to be moving forward with the plan.

The Southern Zone Development Authority (JUDESUR) has agreed to provide ¢600 million ($1.2 million) to fund part of the next step to making the airport a reality – developing an airport master plan and conducting thorough soil and climatic studies.

“We have seen the experience Guanacaste has had since the construction of (Daniel Oduber International) airport. Tourism there has grown greatly and campesinos are able to export their products – they have direct access to international markets. This is the experience we want for the Southern Zone,” explained William Pérez, executive director of JUDESUR, a semi-autonomous government institution that distributes government funds in the Southern Zone.

JUDESUR may provide additional funds to complete the three preliminary reports, or other funds can be obtained relatively easily, according to Vice-Minister of Public Works and Transport Eduardo Montero.

Funding the airport's construction is another story, however. The government does not currently have any funds for such a large infrastructure project, Montero said. The possibility remains that it could be developed through a concession, in which a private firm would construct and operate the airport for a set number of years, dividing profits with the government, before turning it over to the state. The country's main international airport, Juan Santamaría near San José, is in the process of being expanded through such a deal, but the project has proved to be hugely controversial and resulted in a three-year contract dispute that is only now being resolved (TT, Feb. 10, March 17).

JUDESUR isn't particular about either kind of financing, it just wants the project done, Pérez said. He expects the studies to take a year, and, if resources are allocated immediately, the Southern Zone could see a new airport five years later. However, such a quick turnaround doesn't seem likely because of the politics involved.

Giovanni Ramírez, manager of Casa Corcovado Jungle Lodge in Drake Bay, along the Southern Zone's Osa Peninsula, hopes authorities will take their time.

“This area isn't ready for such a large airport,” he said. “It's a rural people, and the tourism here is eco-tourism. We don't want massive tourism.''

Mike Stiles, owner of the 12-room Río Sierpe Lodge, agrees.

“If they brought in 250 people on a flight, I'm not sure where they would go. The tourism infrastructure here is well behind that kind of curve to need an international airport,” he said.

“This is not a Guanacaste, where they destroyed the environment 50 years ago,” he added, acknowledging the Sierpe community is split on the matter.

While Pérez recognizes that the area doesn't currently have the infrastructure necessary to support such a project, he said an airport would attract companies to build infrastructure. It would also provide much-needed jobs to the area of Palmar Sur, which is not a tourist attraction in itself.

The Palmar Sur site was chosen in part for its centralized location, with easy access to the Southern Zone's tourist attractions, such as Corcovado National Park, the Golfo Dulce and Dominical Beach.

In addition, the airport will mainly be on Agricultural Development Institute (IDA) lands, simplifying the expropriation process, Montero said. It also offers appropriate climatic and geographic conditions for flying.

 Guanacaste Model?

While some leaders in the Southern Zone attempt to model themselves after the Guanacaste airport, the northwestern region has already outgrown it facilities.

With use of the airport, located in Guancaste's capital Liberia, growing at unprecedented levels in recent years, expansion is crucial. Growth has been so rapid that recent expansion designs have already become outdated, according to Montero.

Last year, the number of passengers who passed through the airport was approximately 350,000, compared to 194,000 in 2004 and 91,000 in 2003.

The United States Trade and Development Agency has therefore agreed to donate $300,000 for the creation of a master plan for the airport.

The plan will calculate future growth in the number of passengers and flights that use the Liberia airport and define which expansion projects should be priorities.

“The master plan will become the airport's backbone,” Montero said.

For example, the plan, which is expected to be complete in a year, will determine whether more jet space is necessary for private jets, if more boarding gates are needed for commercial flights and how big the terminal and commercial space should be, explained Public Works and Transport Vice-Minister Lorena López.

For regular users of the Liberia airport, this may sound like déjà vu. Last year, a contract was awarded to a three-company consortium to design a new airport terminal. But Montero told The Tico Times that this and other previous designs use an outdated study's predictions for airport growth that were surpassed in 2004.

“How can the government move forward with a design when the reality is now totally different?” he asked.

Previous design plans will therefore be discarded, Montero said. New designs should not be made until the master plan is complete, he added.

However, Luis Solano, general manager of Indeca Ltd., one of the companies in the consortium awarded the design project last year, said he has heard no word that their design will not be used.

Debate has also emerged regarding whether the airport should be expanded through a private concession.

Vista Del Mar - Infrastructure Complete, Planos Ready
 

We have completed the eco-style build out in Vista Del Mar -- The water distribution system is complete, electricity installed, drainage in place, lot pads cut and the road is complete on the primary part of the property. 

The final planos have been submitted to the national Rehistro and several already have official recognition.  The balance will have official recognition in the next couple of weeks.  If you have given us a deposit to purchase a property, we will contact you this week to set up final closings.

To contact us about Vista Del Mar, click here to email.

Lot# Price Size Pictures Video

1 SOLD SOLD SOLD SOLD
1A

$105K

3.53

Click here

Click here

2 SOLD SOLD SOLD SOLD
3

SOLD

SOLD

SOLD

SOLD

4

$110K

1.47

Click here

Click here

4A SOLD SOLD SOLD SOLD
5 SOLD SOLD SOLD SOLD
6 SOLD SOLD SOLD SOLD
7

$125K

5.51

Click here

Click here

8

$90K

3.56

Click here

Click here

9

$80K

2.91

Coming

Soon

10

$125K

9.58

Coming

Soon

11 SOLD SOLD SOLD SOLD
12 SOLD SOLD SOLD SOLD
13

$135K

8.69

Coming

Soon

13A

$130K

6.38

Coming

Soon

13B

SOLD

SOLD

SOLD

SOLD

13C

$130K

2.96

Coming

Soon

13D

$120K

3.13

Click here

Click here

14 SOLD SOLD SOLD SOLD
15 $110K 1.95 Coming Soon
16 SOLD SOLD SOLD SOLD
Finca Being Developed into View Lots

Remaining property descriptions:

  • Lot 1A - $105K: The first property you encounter when going up the hill to Vista Del Mar. Reaching this property from the paved Costanera takes less than 90 seconds. Good ocean views, an excellent building pad and large piece of property.

  • Lot 4 - $110K: While this property may be smaller than most in Vista Del Mar, you could not tell that by the grand vista. This property site in the front of the property provides 180-degree ocean views and 180-degree mountain views.

  • Lot 7 - $125K: This large property of 5.5 acres has ocean view in the front with a large natural jungle area that sprawls into the valley. A home built on this property could have ocean view in the front and jungle/wildlife in the back.

  • Lot 8 - $90K: This natural property has excellent mountain and valley views with easy road access at the top of the hill.

  • Lot 9 - $80K: Similar to lot #8, this natural property has excellent mountain and valley views with easy road access at the top of the hill.

  • Lot 13 - $135K: This property is huge! There is an excellent ocean view from this property but it will require minor cutting and some cleaning to expose it.  The building location on this property is easy to access and it also offers beautiful mountain views.

  • Lots 13A through 13D - $120K to $130K: All four of these properties have excellent ocean views of the Pacific, Isla Cano and Drake Bake in very natural jungle surroundings which provides for a sense of privacy.

  • Lot 15 - $110K- Even thought this property does not have an ocean view on the property, you probably will not care because of the natural surroundings. Jungle all around with a large size building pad that is easy to access.

To contact us about Vista Del Mar, click here to email.

Great Hotel in Ojochal - Special CRLT Rate
 

On my last trip to Costa Rica I had my wife and kids with me.  We were looking for a comfortable place with a pool that was reasonably priced.  By luck and good fortune, we happened upon the Lookout Hotel in Playa Tortuga (south of Dominical about 20 miles).

I can not say enough good things about this 12 room hotel that over looks Playa Tortuga with excellent views of the Osa Peninsula and Isla Cano.  Owned and operated by John and Kate, the service is fantastic and crazy Chef Dave prepares amazing meals.

Since our stay, we have gotten to know the entire staff at the hotel and we know you will enjoy your visit with them thoroughly.  They are offering a special rate of $70 per room to anyone who mentions Costa Rica Land Trust during the rainy season which is from May 15th to November 15th.

You can reach them by calling 011-506-786-5074 or via email.

 

Costa Rica Land Trust, LLC - 678 445 2400 - lazars@bellsouth.net