Tourism and real estate drive investment
Both activities contribute 50% of the flow of dollars. The development of large tourism projects and acquisition of luxury residences by foreigners is what is stimulating the flow of foreign direct investment (FDI) to our country. The country received $ 328 million investment in the tourism sector last year, more than double what it received in [...]
Deflates negotiation of real estate funds
Thursday, July 2, 2009
Shares fall in price to less liquidity in the stock exchange. To sell a title involving a real estate fund at this time is necessary to have a little patience, and if the urgency is great, be prepared to decrease in price. The negotiation of this type of security has undergone a drastic fall in the [...]
ICT rectifies flaws in Papagayo
Wednesday, July 1, 2009
Comptroller’s Office detected weaknesses in the administrative management of this tourism development. The executive president of the Costa Rica Tourism Institute (ICT) Carlos Ricardo Benavides has two big concerns weighing on him: how to curtail the possible drop in foreign tourists this summer and how to reorient the Papagayo development. Why Papagayo? Because the Comptroller General (CGR) [...]
Concludes urban construction project in La Sabana
Tuesday, June 30, 2009
100% of the apartments were sold to Costa Rican. The planned developments Nunciature Heights, located on the outskirts of La Sabana, is ready for delivery. The building is a residential investment which amounts to $ 11 million of which were sold to domestic customers 100%. This condominium complex is a building of 10 floors with 34 units [...]
Troubled waters, gain lawyers
Monday, June 29, 2009
Down services to the property sector but is increased demand for advice on conflicts. In KPMG, the economic crisis caused a dual effect: a decline in demand for legal services and at the same time, increase in other work-related companies that are in a difficult economic situation. Alonso Arroyo, a partner in this venture, he acknowledged [...]
Construction equipment less demand
Friday, June 26, 2009
Public works are those that may have increased demand for companies that rent construction equipment and light machinery. Rental of construction machinery with a slight decline at the end of 2008. ALCO when the company started business of renting construction equipment, the market had a high demand today, CEO Emilio Valverde, acknowledged that the company had [...]
Tax on luxury homes governed from July
Thursday, June 25, 2009
New tribute governed for ten years. Residences with values higher than ¢ 100 million will be taxed, the cost of land is exempt. If you have one or several houses worth over ¢ 100 million is prepare your checkbook, because starting next month will have to pay a tax on these properties. As of July will go [...]
Hotel has received environmental approval
Wednesday, June 24, 2009
The hotel project Les Cascades received environmental approval from the National Technical Environmental Secretariat (SETENA). The complex would consist of about 20 villas on a plot of two hectares. Only 4% of the land deal for this type of construction and no more than 10% in order to preserve the nature of the place. Also [...]
Prices of houses are frozen
Monday, June 22, 2009
In December 2008, Carlos Castro made six new homes for sale in La Aurora de Heredia. Four months later decided to lower the price of $ 80,000 to $ 75,000 to try to sell them faster. Despite the discount, Castro has not been able to sell one. Other developers have opted for another strategy: to [...]
Marriott Residence Inn brand launches in Escazú
Friday, June 19, 2009
Hotel firm expands local presence by targeting long-stay guests. Costa Rica is the first country outside the United States and Canada which states the format. The signature Marriott hotel opened this week in Costa Rica the first hotel under the Residence Inn operating outside United States and Canada. The complex of 109 rooms is located in Escazú within [...]
Tourism and real estate drive investment
Fri, Jul 3, 2009
Both activities contribute 50% of the flow of dollars. The development of large tourism projects and acquisition of luxury residences by foreigners is what is stimulating the flow of foreign direct investment (FDI) to our country. The country received $ 328 million investment in the tourism sector last year, more than double what it received in [...]
Deflates negotiation of real estate funds
Thu, Jul 2, 2009
Shares fall in price to less liquidity in the stock exchange. To sell a title involving a real estate fund at this time is necessary to have a little patience, and if the urgency is great, be prepared to decrease in price. The negotiation of this type of security has undergone a drastic fall in the [...]
ICT rectifies flaws in Papagayo
Wed, Jul 1, 2009
Comptroller’s Office detected weaknesses in the administrative management of this tourism development. The executive president of the Costa Rica Tourism Institute (ICT) Carlos Ricardo Benavides has two big concerns weighing on him: how to curtail the possible drop in foreign tourists this summer and how to reorient the Papagayo development. Why Papagayo? Because the Comptroller General (CGR) [...]
Concludes urban construction project in La Sabana
Tue, Jun 30, 2009
100% of the apartments were sold to Costa Rican. The planned developments Nunciature Heights, located on the outskirts of La Sabana, is ready for delivery. The building is a residential investment which amounts to $ 11 million of which were sold to domestic customers 100%. This condominium complex is a building of 10 floors with 34 units [...]
Troubled waters, gain lawyers
Mon, Jun 29, 2009
Down services to the property sector but is increased demand for advice on conflicts. In KPMG, the economic crisis caused a dual effect: a decline in demand for legal services and at the same time, increase in other work-related companies that are in a difficult economic situation. Alonso Arroyo, a partner in this venture, he acknowledged [...]
- Construction equipment less demand Fri, Jun 26, 2009
- 0 Comments
- Tax on luxury homes governed from July Thu, Jun 25, 2009
- 0 Comments
- Hotel has received environmental approval Wed, Jun 24, 2009
- 0 Comments
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- Tourism and real estate drive investment
- Deflates negotiation of real estate funds
- ICT rectifies flaws in Papagayo
- Concludes urban construction project in La Sabana
- Troubled waters, gain lawyers
- Construction equipment less demand
- Tax on luxury homes governed from July
- Hotel has received environmental approval
- Prices of houses are frozen
- Marriott Residence Inn brand launches in Escazú
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