Located on the beautiful shoreline of the Pacific Coast, Samara's uniqueness to Costa Rica has created a newly discovered world in prime real estate. With paved roads, white sand filled beaches, an unmatched climate, pristine mountain ranges, warm friendly people, a clean safe community, and the amount of infrastructure coming, Samara in short time is becoming a special place in paradise. Samara has a superb coral reef and its own picturesque wooded island in the bay ~ Isla Chora. It's popular with swimmers and windsurfers, and it's an ideal beach for your kids. Samara is not only a charming beach resort, with a wide choice of friendly and attractive hotels, restaurants, bars and discos, but, unlike other Pacific Ocean resorts, it is also a thriving fishing and farming community.With the opening of the Tempisque Bridge in April of 2003, the commute from San Jose to the coast was cut from 6 to 7 hours down to 4 hours. The Liberia International Airport is 1.5 hours away to the north. Liberia has increased their flights by 500% since 2004 with new direct flights from several US cities on major carriers such as American Airlines, Continental, US Airways, and Delta. Costa Rica's excellent press and advantageous tax laws have been raising the eyebrows of investors all over the world. The flood of tourism to the region has many investors looking to beach communities such as Samara where prices have a tremendous upside. The experienced eye sees these pockets of diamonds in the rough on the horizon.
Our 23 hectares is known as a finca or farm, and was purchased from a local family. This property has some very advantageous characteristics. First, it is fronting the paved road from Nicoya to Samara. Ample road frontage is an advantage to the development and makes it easy for prospective buyers to locate. You could not be coming from San Jose, Liberia, or Nicoya without passing it. In addition to being less than a fifteen minute drive from the beach, it is located just a short drive from the town of Nicoya which is the second largest city in Guanacaste. Nicoya is a quaint, mountain view community where one can buy all goods and services. The topography of the farm is a steady sloping mountain side that's settles down into the valley. The topography lends itself perfectly for a combination of ocean view, interior, and road frontage lots. There is a year round stream within the property lending even more diversity and beauty, also assuring that a well drilled near it will provide the development with fresh water. Electricity now runs along the frontage of the paved road offering easy access to extend it throughout the development. Our intentions are to divide the finca into approximately 50 lots. A survey of the land has been done to determine the exact orientation of lot subdivisions for future homes.
Sales and Legal Team
Jim Rodengen, Roberto Stowell, Bob Tuttle, and Ryan Tuttle of Century 21 Vistas Del Mar will head the sales team on site whose office brings 35 years of real estate experience in Costa Rica. Jim Rodengen is the owner of 7 Century 21 franchises throughout Costa Rica's Pacific Coast, and recently opened a new office San Juan Del Sur, Nicaragua. Jim and his bilingual team have successfully put together similar partnerships in the past with great success and glowing references. Besides bringing capital to this or any development, a major motivating factor in bringing outside investors is the hope that each investor will help send/refer buyers to the project. With the contacts from Century 21 and our interests in the states, the project will not take long to sell out. There is no team more capable in Costa Rica to market this project. We have enlisted and retained the law firm of NCC Law specializing in land development and acquisition in Costa Rica. NCC Law is also licensed to issue Stewart Title Insurance through the Stewart Title Company. Century 21 Vistas Del Mar will oversee the entire project and will be doing the marketing administration and management fees are not charged to the investors. Quarterly accounting is issued to all share holders. Disbursements are made with each sale at the time of closing with each share holder advising where his funds are to be placed. Any funds debited from sales to further development must be approved by the share holders.
The Structure
Approximately 50 lots in total with ocean and non ocean views. With the exception of the road frontage lots being approximately 2000m2 in size, all other lots will be a minimum of 5,000m2. One tenth ownership per person of the entire finca, and profit at the end of total sales. $95,000 per share with the option of purchasing more than just one. In this case the share holder will receive one of the thirty four interior lots with a minimum of 5000m2 in size. Worst case scenario estimated gross is $3.47 million dollars less $95K between share holders. Estimated Cost for Development is between $7,000 and $12,000 per share holder.
This is a rare opportunity to invest with little or no downside. The upside should provide great returns and just the sheer fun of participation in a new venture alongside Costa Rica's Pacific Coast. If you think this is the investment for you, we urge you to come and have a first look and to meet with us. We realize you have many more questions that were not answered in this brief outline so please don't hesitate to ask and we will be pleased to try and answer. We hope to make you a partner in paradise soon. Looking forward to working with you soon on this new exciting venture.
For More Information, Please Visit Century 21 Vistas Del Mar
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