The finalized master plan for Phase 1 of Las Colinas de Miramar (a.k.a. Hills of Miramar) was just release on May 1, 2008. Download Phase 1 Master Plan Map to your computer for review.
Phase 1 is made up of 123 lots sized around 1.25 acres each, and with 52 of those lots having ocean views. Pricing is expected to be released within the next month, but initial expectations are that ocean view lots will start at $60,000, and other lots will start at $30,000.
Notice on the map that the commercial area that is situated near the gated entrance, next to the equestrian stables.
Also new, though not on the map: In the past, there was talk of building a golf course in the future, and it looks like that will be happening sooner than expected. More details on the golf course to come in upcoming months.
Stay tuned for more updates on Las Colinas de Miramar.
Even with the real estate market slowdown in many countries - the US, Canada, UK, and Costa Rica as well - major players in the tourism industry are still confident in Costa Rica as a world class destination. A number of tourist mega-projects are in the works, or currently underway. Three Spanish hotel projects will begin in Costa Rica, totaling more than $1 billion. Others like the first luxury megacomplex in the Osa Peninsula, in the province of Puntarenas, will begin construction shortly.
Costa Rica is well known for its eco-tourism, and for the most part, Costa Rica has done an exceptional job when it comes to being a leader in protecting its precious environment. It started years ago when Costa Rica truly came onto the global scene as a hotspot for eco-tourism (still a popular niche in the tourism industry), and continues today as Costa Rica is one of four countries in a race to be the first to go carbon neutral (the other three countries are New Zealand, Iceland, and Norway).
I have spoken to dozens of individuals who are looking at buying real estate in Costa Rica. I have looked at hundreds of properties and developments in Costa Rica. Of course, everyone’s criteria is varied, but there is a “magic number” that keeps popping up, like the universe recorded it somehow and keeps playing it back to me.
Costa Rica has a large number of fine and luxury properties, priced at $400K and above. What is more difficult to find are properties priced at a more modest price tag of $200,000 or less. Over and over I hear from people that they want to find properties in the $200,000 range - it is like that recording that I told you about.
The luxury properties are exactly that - luxurious - but there is still the average buyer out there who wants a modest, safe, and clean Costa Rican property, but doesn’t want to pay a fortune for it. For the beginner, finding these properties seems like a daunting, almost impossible task. When you search the Internet, a score of ads and search results pop up for high-priced, luxury properties, making it appear as if Costa Rica is not for the average person any longer. Unfortunately, that’s untrue.
The key is working with people in the know - people who can network with real estate folks all around Costa Rica to find those properties. These properties do exist, and there are quite a few of them!
For YEARS now, Costa Rica has been a favorite place for retirees to settle down - either part time or full time. These lucky people discovered that Costa Rica has a lot more to offer than friendly people, gorgeous beaches, and fresh squeezed fruit juice every morning!
I am proud to have been invited to be a presenter at the 
