NAI Costa Rica | Costa Rica Commercial Real Estate Blog

NAI Costa Rica Website

Carlos R. Robles — Wed, 21 Sep 2011 19:16:34 +0000

Please visit our new website – www.naicostarica.com

Paradisus Resorts Announce Opening of New Luxury Eco Resort, Papagayo Bay

Carlos R. Robles — Fri, 06 May 2011 17:19:02 +0000

“The introduction of Paradisus Papagayo Bay to the Costa Rican market is the ideal opportunity to continue elevating Sol Melia’s portfolio, while embodying the vision of our brand as a hospitality leader in the luxury all-inclusive sector,”

via HotelExecutive.com – Newswire – Paradisus Resorts Announce Opening of New Luxury Eco Resort, Papagayo Bay.

Costa Rican airport named 3rd best in Latin America

Carlos R. Robles — Mon, 21 Feb 2011 23:48:49 +0000

The Airports Council International (ACI) announced Wednesday that Juan Santamaría International Airport in Alajuela, northwest of San José, is the third-best airport in the Latin American and Caribbean region.

via Costa Rican airport named 3rd best in Latin America / News Briefs / News / Costa Rica Newspaper, The Tico Times.

Costa Rica — New signs suggest tourism is recovering

Carlos R. Robles — Mon, 21 Feb 2011 22:36:20 +0000

More travelers and more foreign investors could make 2011 a turnaround year for Costa Rica’s top income generator.

In January, tourism visits in the northern province of Guanacaste, partly a bellwether for Costa Rican tourism trends, increased by more than 28 percent over the same month last year. That figure represents 31,637 foreigner visitors, a local record for the province. The previous high was 29,206 visitors in March 2008. Most were from U.S., Canada and the U.K.

Currently, 42 direct weekly flights land at the Daniel Oduber Quirós International Airport, based in Liberia. This is an increase of 14 percent in the past year, according to the Civil Aviation Authority.

Apple Vacations, Air Canada, TUI and first choice are among the flight companies that now include Guanacaste as a destination.

“It seems that this is going to be great year for the industry,” said Tourism Minister Carlos Benavidez.

Last year, medical tourism generated $250 million in revenue for Costa Rica’s health services industry, according to Massimo Manzi, executive director of the Council for International Promotion of Costa Rica Medicine, or Promed (TT, Jan. 28). In December and January, growth reached 10 percent.

Earlier this month, several representatives from big U.S. insurance firms visited Costa Rica to inspect local hospitals and clinics. They’ll use what they find to fine-tune a new insurance product for corporate clients that could pave the way for even more health-care options for international patients.

The group of experts included insurance brokers, cost analysts and political advisers. During the tour of medical centers, each verified that sites comply with international safety and quality regulations.

via New signs suggest tourism is recovering / Business & Real Estate / Costa Rica Newspaper, The Tico Times.

Costa Rica to Unveil Public Transportation Plan in April

Carlos R. Robles — Mon, 21 Feb 2011 20:15:34 +0000

The planned investment in the metropolitan electric train project (TREM) would be about $ 1,100 million over the first eight years.

via Costa Rica to Unveil Public Transportation Plan in April – CentralAmericaData :: The Regional Business Portal.

Panama Launches Construction Tender Worth $ 3.3 Million

Carlos R. Robles — Mon, 21 Feb 2011 20:13:34 +0000

The Housing Ministry contracts the rehabilitation of 28 buildings in the province of Colon.

via Panama Launches Construction Tender Worth $ 3.3 Million – CentralAmericaData :: The Regional Business Portal.

Canadian Companies will Visit Panama

Carlos R. Robles — Mon, 31 Jan 2011 19:24:11 +0000

12 infrastructure, construction and marine technology companies will tour Panama.

via Canadian Companies will Visit Panama – CentralAmericaData :: The Regional Business Portal.

Costa Rica: $54 million Shopping Center

Carlos R. Robles — Mon, 31 Jan 2011 15:33:13 +0000

Construction began on the new Lincoln Plaza shopping center, which will occupy an area of 34,000 square meters.

via Costa Rica: $ 54 million Shopping Center – CentralAmericaData :: The Regional Business Portal.

Costa Rica: Hyatt Announces Plans for Hyatt Place San Jose

Carlos R. Robles — Thu, 20 Jan 2011 19:55:02 +0000

CHICAGO–(BUSINESS WIRE)–Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has signed an agreement with Hotelera Pinares, S. A., a subsidiary of Strategic Hospitality Investments Corporation, to manage Hyatt Place San Jose Pinares, a Hyatt Place hotel in San Jose, Costa Rica.

The new property, the second Hyatt Place under development in Latin America, will be part of Momentum Pinares, a mixed use commercial complex being developed on the east side of Costa Rica’s capital that will include an approximately 97,000 square foot office tower, a 48,000 square foot medical building, a movie theatre, and shopping mall with 75,000 square feet of retail space.

More Info: Hyatt Announces Plans for Hyatt Place San Jose Pinares, the First Hyatt Hotel in Costa Rica | Business Wire.

$55 Million for Costa Rican Airport

Carlos R. Robles — Thu, 20 Jan 2011 19:50:04 +0000

The Board of Directors of OPIC approved resources to support the expansion of the Juan Santamaría International Airport.

OPIC’s loan will allow a consortium led by HAS Development Corporation (HASDC) to complete the renovation of the Juan Santamaría International Airport outside San Jose.

The project includes a terminal extension for immigration and customs procedures, waiting rooms and additional parking in remote areas.