Saturday, January 22, 2011
Dear Reader,
We first brought you news of Costa Rica's Caribbean coast in March 2008. This coast, neglected for so long in favor of the country's Pacific coast, made sense for a couple of reasons. The low property prices made it attractive from an investment angle. And with a planned major investment in the ports of Limón and Moin, and upgrades to tourist infrastructure and amenities, we figured this this place was on the move.
Today, Costa Rica's Caribbean is finally grabbing some of the limelight back from the country's Pacific side. And you can benefit from some amazing property discounts here. More on that in a moment...
Ports on Costa Rica's Caribbean coast received a double dose of good news in 2011. First, Sea Freight started a weekly service to the port of Limon, which in turn connects Limon with 16 other ports in the Caribbean.
Then the government launched bidding last week for an expansion of the port at Moin. The work, expected to cost $92.5 million, will allow the port to handle larger vessels. Moin is also a cruise ship port, and the numbers of cruise ships visiting Moin annually should double in the next two years. The port expansion should attract more businesses to this location, too.
For anyone thinking of setting up a business in Costa Rica, it's worth noting that the country ranked second in the Central American region in the 2011 Economic Freedom Index. The index studies a number of factors, including business, trade and investment freedom, and property rights. Costa Rica's score increased slightly from last year; the country even outranked Panama, considered one of the best business environments in the region.
Frommer's ranked Costa Rica, too...or, more specifically, Costa Rica's Caribbean coast...as one of its top destinations to visit in 2011. Readers voted Puerto Viejo a must-see in Costa Rica, for its beaches, rivers, and rainforest.
Previously neglected, the Caribbean side of Costa Rica is gaining the attention of the world's media, and more tourists are coming here. And it's not just budget backpackers and surfers; new boutique hotels such as Le Cameleon, upscale eco-lodges, and restaurants like La Pecora Negra, cater to the chic crowd now traveling here. Even mainstream tour companies, Wildland and Disney, have started running tours to the Caribbean side.
If you'd like to find out more about Costa Rica's up and coming coast, you can join a free webinar on February 2nd, at 8 PM EST.
The webinar will cover the growth of tourism and industry on the Caribbean side of the country, and future plans for the area. You'll hear from Gill Phelan, an expat living and working on the Caribbean side. He's lived in the little town of Cimarrones for the last four years, and can give you the lowdown on his experience of relocating here.
Gill will also tell you about Grand View Estates, the most established development on Costa Rica's Caribbean side. This private community, set in 640 acres of rolling hills, rivers, rainforest and waterfalls, lets you enjoy a healthy, outdoor, tropical lifestyle...and quiet country living... only 90 minutes from an international airport, shopping malls, supermarkets and world-class hospitals.
You can wake to the sound of birdsong...spend your days exploring this tranquil spot...or head to the beaches only thirty minutes away, for swimming, surfing, fishing, or snorkeling. Grand View offers spacious home sites. For the webinar, Gill has some specials...eight lots with price reductions. All the lots have partial ocean view, and the smallest is almost an acre and a half in size. The discounts cut the cost of these eight lots by up to 50%...and cut their start price to just $51,000 for 1.9 acres.
Click here to register for the free webinar, where you'll find out how to lock down one of those lots.
Margaret Summerfield
P.S. Spaces for the webinar are limited, so register today if you want to take part. It's the quick and easy way to discover what living in Costa Rica's Caribbean is really like...and what's in store in the future for this area.
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