Costa Rica’s tallest building is completely sold out

costadevelopers.com

A new building, 97 meters high, has taken its place.

The building, part of the project “Torres del Paseo Colon,” is located in Paseo Colon, With its 27 floors, consisting of residential condominiums, plus offices and retail spaces, it is no the tallest building in Costa Rica – and has been completely sold out.

Prices began at $155,000, depending on the size and floor of the condominium.

Construction on a second tower will begin in March 2013.

The building features a jacuzzi, gym, swimming pool, and even an indoor running track.

The total investment made in the project was approximately $30 million.

The second tower will have 127 condominiums, of which 56 have already been sold.

La Sabana, Rohrmoser, Paseo Colon and La Uruca have become attractive areas for these types of projects, which are marketed primarily at the upper class.

However, the Ministry of Housing and Human Settlements (Mivah, in Spanish) also has plans to build such high-rise buildings for middle class families.

Posted by Costa Developers

CNN ECONOMY ANALYST GIVES A GOOD CHECK TO COSTA RICA.

This 2012 has submitted an acceptable economic growth despite the current crisis.

ISAAC-COHEN/ Costa Rica/ Costa Developers

The country's economy and a sustained increase in exports, shows a positive outlook for the year 2012, according to the expert analyst on CNN in Spanish economy, Isaac Cohen.
The vision of growth and stability in Costa Rica are seeing with a good eye. The admiration from outside of Costa Rica to maintain an important balance and low debt factor are some of the things that some take into account to settle in this country.

Cohen's remarks coincide with news that the Central Bank of Costa Rica provided on maintaining inflation at 4% and 7% which was expected in the first period of the year.

The expert explained that the free trade, in spite of not being used the right way, it has given a boost in attracting foreign investment.

According to the analyst, part of the national monetary success lies in what he calls the two deeds of the past 20 years: the arrival of Intel and ecotourism, "which is a world model."

Another achievement is that the country does not have a strong inflow of “immigrants quota", as in other Central American countries, and it also attracts investments.
In Costa Developers we like being part of the model to attract investors and tourism to the country, through our fractional properties, which contribute indirectly to economic growth and ecotourism model.

Costa Developers