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Costa Rican Development Corporation Seeing Increased Demand for Central Pacific Luxury Real Estate Developments

09-18-2008 04:47 PM CET | Industry, Real Estate & Construction

Press release from: Costa Rican Development Corporation

/ PR Agency: CRDC
The growing popularity of Costa Rica as a favored location for retirees, investors, and tourists has resulted in high demand for Costa Rican Development Corporation’s exclusive residential communities.

The Costa Rica real estate market has experienced astounding growth in the past ten years, with a marked increase in foreign investors’ attention to luxury residential real estate during the recent period of sagging economy for the United States and Europe. The Costa Rican Development Corporation (CRDC) has seen heightened interest in its high-end communities, especially Cerro Fresco (www.cerrofresco.com/), a development featuring Balinese bungalow villas in Jaco´, Costa Rica.

The tropical weather, exciting outdoor activities, diverse terrains, and natural wonders of Costa Rica combine to make it one of the most desirable locations for retirement homes and vacations. Investors are finding that their acquisitions of first class residences in developments such as Cerro Fresco are resulting in handsome profits. Interest in Costa Rica real estate, especially listings for luxury developments, is reaching unprecedented heights, and it does not show any signs of slowing down.

Costa Rica’s Central Pacific region, with both coastal and mountainous locations, is the country’s fastest growing area. There are an abundance of outdoor activities to choose from in Central Pacific Costa Rica, including white water rafting, surfing, parasailing, canopy tours, horseback riding and sport fishing. Jaco´, home to Cerro Fresco, offers a wide selection of international cuisine restaurants, galleries, hotels, casinos, and nighttime entertainment spots. San Jose´, the capital of Costa Rica, is a two hour drive from this popular city.

Those searching for a pleasant retirement location or idyllic vacation destination find that Central Pacific Costa Rica has just what they are looking for. With an average yearly temperature of 81 F (27 C), thousands of species of plants and wildlife, and amazing views of waterfalls, volcanoes, and rainforests, there is little wonder why Costa Rica has become the favorite locale for so many.

The elegant, open-air Cerro Fresco villas are expertly constructed using native Costa Rica woods and state-of-the-art appliances and amenities, such as infinity pools. Promising “a premium quality of life experience,” the Cerro Fresco development provides residents with an on-site spa and concierge services. The community is located 1,500 feet above sea level, allowing residents to take full advantage of views of tropical gardens and rainforests. For detailed information about Cerro Fresco, please visit www.cerrofresco.com/.

About CRDC: The Costa Rican Development Corporation (CRDC) specializes in the design and development of luxury residential communities. With particular attention given to the quality of its estate homes and an emphasis on customer satisfaction, CRDC has become a prominent Costa Rica real estate developer. Current CRDC developments include Cerro Fresco, Hermosa Highlands, Villas Altas, and Highland Estates.

CERRO FRESCO SALES CENTER
Hermosa Highlands S.A.
Atrium Corporate Plaza
Escazu,Costa Rica
Phone: US (800) 729-5212
CR (506) 2201-5250
Email: info@cerrofresco.com

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