Hard Rock Cafe and Starbucks announce new openings in Costa Rica │ costadevelopers.com

Costa Rica has been a point of attraction for hundreds of franchises from different parts of the world, especially in the food industry.

Hard Rock is a chain of restaurants that are open in Costa Rica. The restaurant will open its first business in the Central American country after making an investment of $3.2 million in the city of Heredia, 20 minutes from the capital San Jose.

Local to be located at the Wyndham San Jose Herradura Hotel in the canton of Belén promises to be at the height of the restaurants in the chain around the world.

The new Hard Rock will have space for 310 people and an area of concerts for 800 more. The arrival of the company in Costa Rica generate employment to about 100 people, while they already received 3500 job applications.

"We had 3,500 job seekers. Of those, 106 people we employ and will soon move on to 95. The subject of the service is really important to us. Other franchises do not have more than 40 employees" said Gustavo Araya partner of the daily La Nacion.

The employer emphasized that the concept of the Hard Rock Cafe is a family restaurant, themed around the music of any genre.

Hard Rock will not only have a place in the greater Metropolitan Area, but that they also plan to open a restaurant in the area of the North Pacific, especially for tourists visiting the region.

Playas del Coco and tamarind are places that currently tested for the opening of the second restaurant, but the place will be smaller, only for 100 people.

Starbucks, Cafe premises in hundreds of countries, will open a new store in the country over the next few days. This will be the third Café opened the company in Costa Rica, since they arrived in the country last year and they have consolidated a significant success in the Central American country.

The new town of Starbucks will be in the area west of the capital, San Jose, the American firm will employ nearly 100 people and soon will open a local room in a still-undefined area.

Franchises have generated you to Costa Rica an investment of $6 million, according to studies by the Chamber of Commerce.

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Mega projects taken Central Pacific │ costadevelopers.com

Central Canton and Garabito will receive investments by more than $211 million on the next 15 years.

On the next 15 years the canton central Pacific of Costa Rica and the canton of Garabito will receive investments of more than $211 million.

In the list of projects there are three real estate developments in charge of Costa Rican companies that seek to change the face of the province of Puntarenas, which has been lagging behind for several years.

While the canton of Garabito is one of the cantons more growing in the country and greater tourism boom, still seems that investors seek to invest more in it to consolidate it as the tourist area of greater affluence of the country.

Investments that are projected to be in the central cantons and Puntarenas-Garabito will reach $211 billion and will occupy about 164 hectares of land over a period of 15 years.

One of the projects planned for the area is Mystic, a mini beach town located in Playa Hermosa, Jacó in the canton of Garabito. The managers of Mystic, the company Desarrollos506, will build a community private's three stages focused a Costa Rican of class medium-high and high of ages between the 30 and 60 years.

Another of the projects scheduled for this area is Jaco Walk, located in the center of the city and will count with a investment of approximately $50 million of about 70 thousand meters square of construction with 600 parking. The project will begin to market their properties next month and is expected to be delivered in October 2014.

Jaco Walk will house banks, fast food, medical Tower and other offices. You will have access to the sea, to the main street and also mountain, projected that the property also has a future hotel. It will be developed by the company Interra.

"Today there are shops which are not in Jaco for lack of adequate infrastructure to operate with standards of international franchising; There are even others who are working in local inadequate", Alfredo Atmetlla Manager of Interra told the daily El Financiero.

Ready to open projects is Ocean Mall, a shopping mall of 22 thousand square meters with an investment of $20 million. The building would be ready at the beginning of 2015. Ocean Mall is part of an even more ambitious project of a mixed complex called Oak city, which will be from an Office Center, apartments, different amenities and residential condominiums.

Without a doubt Central Pacific region is emerging as one of the regions fastest growing in the country especially in the tourist and real estate industry of Costa Rica.

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Find What You Dream... Riverside Villas │ Costadevelopers

These beautiful Riverside Villas within our new Project Of Costa Montaña, are surrounded by the World famous Carara National Park, 5,242 hectares (13,105 acres) of magnificent beauty, with exuberant flora and fauna.

The Riverside Villas offer indoor/outdoor living experience beyond all expectations. Nestle between the Tarcolitos river and the rain forest, the units’ windows serve as portrait to the entire mountain where you can feel the local nature while enjoying a beautiful outdoor BBQ area and a relaxing swimming pool. After a nice lunch you can walk to the water's edge of the river, a private pathway that leads to this pristine, crystal clear mountain river.

The Riverside Villas feature gracious family, living, and dining rooms scaled for small families, but designed with extraordinary details such as wide hallways, top of the line appliances, granite counter tops, upgraded tile floors and hard wood cabinets. As one expects in paradise, the river, the rain forest and the sky are evident from all angles; spectacular design features such as big sliding glass doors guarantee that you'll never miss a sunrise neither a sunset.

The Gourmet eat-in kitchen with river views is absolutely spectacular, and opens to the Dining Room and Family Room. This entire space leads to the outdoors through a comfortable balcony.

Each villa has 3 bedrooms, with private balconies, providing guests a true resort experience and ultimate comfort. The Master Suite has endless mountain and river views, total privacy and walk in closet, the ideal place for afternoon naps.

An immaculately finished outdoors, over 9 cars parking space, in house security guard and maid, and residential  grade elevator are just a few of the additional features.

Meandering pathways and the authentic native Costarican landscape, evoke the lifestyle of the Central Pacific coast, where the forest, the river and the sun are there for you to relax and enjoy.

‪#‎riversidevillas‬ by ‪#‎costadevelopers‬
For more info visit www.costadevelopers.com

New #tourism partnerships between #Costa Rica and #China │ #costadevelopers

#china and #costarica

Commercial alliances with China have increased in the Government of President Laura Chinchilla.

The Minister of tourism of Costa Rica, Allan Flores said in recent days from Beijing was signed a memorandum on air cooperation between China and Costa Rica with which it seeks to increase Chinese tourism to Costa Rica.

Initiative pursues the increase at four times the number of visitors from China in the next three years. According to the goal intends to spend 12 thousand current Chinese per year to 50 000 in 2016.

The Minister indicated that this establishes a line of air cooperation which was signed in August of last year and which was given validity in President Laura Chinchilla's recent trip to Beijing.

This agreement is beneficial for those airlines that fly between the two countries, through the major cities of the United States, such as New York, Chicago, Los Angeles and Miami.

"In the absence of direct air links between China and Costa Rica, something that is technically very difficult due to the long distance (as with almost all Latin America), this type of links seek to stimulate the arrival of Chinese tourists," said.

For example, developing travel packages that include Costa Rica as a destination added to U.S. cities already very popular among travelers from China, said Flores.

The country is currently in search of a profile of specific tourist, those who travel frequently outside of China, and have for favorite destinations, Hawaii, New Zealand, Australia and Viet Nam.

The country wants to be shown as a safe destination, suitable to enjoy eco-tourism, bird watching, and other adventure activities.

This is part of the plan for the diversification of the attraction of tourism in Costa Rica, since this activity is usually promoted to countries like United States, Canada and the European Union; however the country now seeks to attract to the Asian region.

During his visit to China, the Costa Rican delegation, which also includes the Deputy Minister of transport, Ana Cristina Jenkins, met with leaders of three of the major airlines in the country (Air China, China Eastern and Hainan Airlines) and the director of the administration of Civil Aviation, Li Jiaxiang.

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Do not allow the housing bubble affect your investment: opt for fractional properties

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Opportunities offered by Costa Developers to get a fractional ownership will help you avoid being affected by the real estate bubble. 

The property prices have increased in Costa Rica, many experts speak of a possible bubble in the country, according to some foreign prices of properties in Escazú, Heredia and other regions of the country are similar to those found in cities like New York or California.

The crisis that hit the United States in 2008 certainly had an impact on Costa Rica, and this has affected the prices of properties nationwide.

One of the most expensive places for investment in properties today is the province of Guanacaste, where the housing bubble has limited capital for investment and the recovery of this key area.

In a study by El Financiero, the REALTORS said that there is still in the country a great speculation and generation of much higher prices than the reality and the chord to the market.

In San Rafael de Escazu, for example-is averaging less $150 square meter (m²) and the highest $1,750. In Lindora, range from $500 to the $1,800, while in Santa Ana Center the range is between $100 and $500.

"There are long runner casual to all seeking is a high income and, therefore, recommend to the owners of the properties sell at unreasonable prices.”The result: properties that are not sold", argued Aleyda Bonilla, Executive Director of the Chamber.

Meanwhile the Costa Rican Chamber of real estate brokers indicated that although brokers lowered their prices in order to recover the market, informal intermediaries are still speculating.

The possibilities offered by Costa Developers to acquire a property of one million dollars at a fraction of that, avoids engaging in market price speculations.

The company specialized in the marketing of properties in the Central Pacific region offers the possibility for you to acquire a property in a region where your property will increase in value and will be an investment for your future.

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Enjoy Costa Rica during the spring break

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During the spring break, thousands of young people and their families travel around the world to take advantage of the break of the universities

Costa Rica tourism industry prepares for the spring break 2013 season, the period of recess for universities and many departing to vacation during this time around the world, certainly thousands of tourists choose to Costa Rica as the perfect destination for holidays.

With an influx of 2 million tourists a year, hotels, lodging facilities and other places of accommodation and adventure are prepared for the arrival of hundreds of tourists during this period.

During the month of March and April, the climate of Central American paradise stays warm, one of the hottest periods of the year, perfect for adventure activities like canopy, horseback riding, visit the beaches, mountains and national parks that are kept open waiting for visitors.

Many people take advantage of this holiday season to take a look at the industry of real estate in the country. Family holidays are ideal to consult professionals along the coasts and mountains are your best choice to continue vacationing in paradise.

Coast Developers offers an opportunity for investment and fun that you may not pass. Once or twice a year to visit Costa Rica, stay in their own home with a value of $ 1 million, with total assistance and comfort at a fraction of the price.

The Central Pacific region is one of the most visited and tourism of Costa Rica, in its surrounding areas are great attractions as Manuel Antonio National Park, the marina Los Sueños Resort, restaurants of high luxury, local, own the region's trade and adventure in the air such as cataracts, hiking and more.

Brake spring holidays are ideal for fall for Costa Rica and think about property investment roots, you will not pay more lodging and you can visit the country wherever you want!

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The Government of Costa Rica is working to improve private investment in the country

Within the framework of the celebration of the national day of the private enterprise, President Laura Chinchilla said of the challenges and efforts performed by the country to improve investment private.

"I am referring to aspects such as excess paperwork, insecurity and the backlog of infrastructure, which became real obstacles to development and competitiveness", stressed the President.

President stressed those efforts to improve public policies already acidic positive trends in combating crime, with reduction of rates of homicides, violent assaults and people victims of crimes, with the consequent drop in concern by insecurity citizen.

She also said that efforts will remain constant for excess paperwork, decrease time and empower citizens against abuses of the administration.

Referring to Infrastructure argues that the Government will continue waging battles to leave the country ports first world, improvement of the customs, and the largest investment in highways and roads of history.

Chinchilla reminded businessmen gathered in celebration of the national day of the company private that in its last report on competitiveness, the World Bank recognized Costa Rica as one of the 10 Nations with more efforts in improving its regulatory framework.

Also emphasized that our economy shows good performance with low inflation of the past decades, growth close to five percent, records of export, foreign investment, tourism and employment generation.

The President said that the authorities will continue with the permanent monitoring the exchange rate to avoid a negative impact to the productive sector, and with the efforts to control high rates of interest and speculative capital.

Chinchilla recognized that healthy economic growth was due to some decisions in public policy as well as the thrust of the business sector, in a world economy in which many countries face economic and social conditions.

President also mentioned that Costa Rica has many strong elements to follow along the path of economic stability, as the most stable democracy in Latin America, an exceptional human capital, a growing business, and a strong respect for nature.

The President referred to the need to promote reforms to encourage private participation in electricity generation, and thus reduce costs.

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Costa Rica to regulate short term investment from abroad

The Central American country has the right qualities to those foreigners who wish to invest in Costa Rica.

Costa Rica is a favorable destination for foreign investment, not only because it is one of the country’s most attractive for foreign investment, the economics conditions and policies allow thousands of Americans and others place their money in the country in search of generating successful and lucrative business.

The Vice-President of the Republic, Luis Liberman said on Tuesday night, officials of the Legislative Assembly to receive a draft law to limit the entrance of capital investments in the short term that have been detected in recent months, since this takes advantage of attractive interest rates on Costa Rica colones.

According to financial authorities in the country, the Central Bank has detected a large amount of dollars entering the country and are aimed at short-term, dollars that are then exchanged colones quickly. Interest rates are much higher than the dollar in their countries of origin.

The bill which is going to be proposed by Liberman, seeks to tax short term investments from abroad to avoid that this situation will continue.

"The increase in short-term capital investments increases the amount of cash in circulation, causing a fall in rates change, increasing requests for loans and the interest of the banks", said Vice-President Liberman, who thinks that it is a measure of stabilization of the country's economy.

Also experts have commented that it is important for people who invest in Costa Rica or applying for loans, to assume this responsibility in colones, since it could affect them the exchange rate.

Costa Rica will remain a destination desired by foreign investors, growth in the real estate market as well as the arrival of franchises in the country in the coming months are emerging.

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Costa Rica will see an increase in the sale of commercial properties

Costa Rica Real Estate indicates that it has been an interest of investors for commercial properties in the country.

Costa Rica Real Estate, entity of real estate in the country indicated that foreign investors not only seek properties of rest and pleasure, but have also shown great interest in the purchase of commercial real estate.

Investors are increasingly seeking a diversification of its business, adding to its portfolio of properties, those of commercial type, which generates an important benefit for Costa Rica in terms of popularity internationally and market growth.

"Almost daily we receive calls from investors seeking to invest in commercial properties, including hotels, restaurants and other tourism businesses," mentions Costa Rica Real Estate sales manager Jerad Portner.

This not only indicates that there are many business possibilities and opportunities for persons seeking re located in the country, but is also a sign that the easy access to the Costa Rican market has allowed foreigners see the country a source of income and a place to live in retirement.

Some of the factors that attract more investors are the fact that Costa Rica meet unique conditions and possibilities for their businesses to grow and thrive in the country, among the most significant factors are: a high standard of living with a wide expectation, excellent medical conditions, pleasant temperatures and its educational system.

Also plays a role in this phenomenon of business purchase, the closeness that exists in Costa Rica with many cities in the United States, for example, short flights and almost daily that has been growing by several airlines allow investors living only a few hours of its business establishments, easy access and reception afforded to foreigners also stimulates these purchases.

Costa Developers offers you the possibility of acquiring a property in one of the country's major tourist areas, if you seek to become a businessman in Costa Rica, this mode is of great benefit, because you'll save money if you purchase a property that you can use some times a year, without assuming the total cost and not pay high hotel bills whenever you comes to the country to oversee your business.

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Costa Rica inaugurates the international tourism fair in Spain

Participation of the country in the international fair of tourism promises to attract thousands of European visitors to Costa Rica.

The Costa Rican Institute of tourism participated this past weekend 30 January and up to February 3, the 33 edition of the international fair of tourism (FIT) which was held in Madrid, Spain.

During the event around 9000 companies that came from some 167 countries in the world; about 25 national companies in the tourism sector led by the Costa Rican Institute of tourism were presented natural and cultural attractions that attempted to delight visitors.

The most important charter of Costa Rica has been the subject of sustainable tourism, which forms part of a strategic plan that was carried out by the Secretariat of Central American integration, which has sought to the achievement of international cooperation projects, for quality and sustainability initiatives.

The Minister of tourism, Allan Flores believes that it is important to promote Costa Rica as a model of responsible and sustainable tourism, which will improve their position in markets such as Europe and Asia.

While the majority of tourists visiting the country come from the United States and Canada, the European market is important for Costa Rica, as Spain for example generated revenue of up to $ 49 million in 2011.

In the same year also recorded an income of approximately 47.782 Spanish tourists, which spent on average $117 daily newspapers.

European tourists show a great interest in the subject of eco-tourism, one of the most innovative of performing factors tourism in Costa Rica, not only the country is has earned a reputation for its arduous environmental conservation, but also a valuable in a tourist population space increasingly demanding and aware.

In last year Costa Rica booth at the fair, received more than 20,000 tourists and it is expected that this year the number of potential visitors has increased, although numbers for this edition have not been revealed yet.

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Costa Rica, the best destination for investment in services in Latin America

Costa Esterillos

Costa Rica is number one destination in Latin America for investment in services and also the thirteenth in the world, according to information from Costa Rican official sources, and global consultancy Tholons.

CINDE (Coalition for development initiatives), entity responsible for attracting investment to Costa Rica, said in a press release that this Central American country stood out as the best in the region in the list of the 100 best destinations for outsourced services of Tholons operations, in 2013.

The classification is carried out by specialists in business and reflects the dynamics and development of countries as venues for service companies.

The best destination for investment in services in the world is India, with cities such as Bangalore, Mumbai; followed by Philippines, Ireland, Poland and China.

In the Latin American region the destinations more attractive to this type of investment are Brazil, Chile, Colombia, Costa Rica and Argentina.

In accordance with Tholons, Costa Rica showed an improvement of five positions in the index with respect to the 2012 and has established itself as a key player in the industry of corporate services and technologies of information in the Latin American region and in the world.

Consultant firm says good part of the Costa Rican success is due to the strong promotion of the sector of information technology and outsourced corporate services (outsourcing).

Anabel González, Minister of foreign trade, expressed her satisfaction at the "international recognition that this index gives the country in an industry that has become a key piece of the national economy".

For its part, the general director of CINDE, Gabriela Llobet, clarified that the listing of Tholons clearly reflects the great progress that has been Costa Rica as the venue for high value-added service operations.

"Today compete directly with locations very strong industry all over the world such as India, Malaysia, Poland and Ireland," said.

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Foreign direct investment from high-tech companies expected to reach $574 million

costadevelopers.com

Technology services and medical supplies firms are the most important.

Foreign firms from the high-technology sector in Costa Rica generated some $574 million and created 8,236 direct jobs in 2012.

The previous year, high-tech FDI (Foreign Direct Investment) was $470 million, and 7,728 new jobs were created.

One of the factors that helped achieve the record was the arrival of 40 new high-tech investment projects that set up operations in Costa Rica.

The new firms belong to the Technology Services, Life Sciences, Advanced Manufacturing and Clean Technologies sectors.

Most of them come from the United States, India, Korea, Japan, Germany, Spain, England and Colombia.

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Costa Rica exports buses for the first time

A Korean-owned company Daewoo expects to sell 100 buses in the next two years.

Korean company Daewoo Bus Costa Rica Co. this week is sending the first six buses built in the country to El Salvador. That nation bought a total of 12 buses at a cost of $2 million. The other six will be shipped in January.

Last year, Costa Rica exported $280 million worth of auto parts, but this is the first time the country exports entire vehicles.

The Daewoo plant in Santa Ana, southwest of the capital, has a production capacity of some 300 units per year. Daewoo also is the leading brand of buses in the country, with nearly 36 percent of the local market.

This company is an example of how foreign direct investment contributes to the dynamism in the economy, the development of local suppliers and the transfer of technology and knowledge.

Posted by Costa Developers