Alouatta Real Estate, Tips for Investors http://www.alouatta.cr Green Luxury Goes Mainstream in a Sustainable Habitat

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(openPR) - Alouatta, Escalares/Dominical Costa Rica is the latest project from Xclusive Reality S.A. located in the Southern pristine Puntarenas zone. The principal attractions are on the Pacific coast itself. This article will address the Dominical area as one of the leading tourism hot spots. It has been an up and coming location for savvy investors over the past few years. Alouatta is set t be a LEED certified sustainable project.

Alouatta, Escalares/Dominical Costa Rica is the latest project from Xclusive Reality S.A. located in the Southern pristine Puntarenas zone. The principal attractions are on the Pacific coast itself. This article will address the Dominical area as one of the leading tourism hot spots. It has been an up and coming location for savvy investors over the past few years. Alouatta is set t be a LEED certified sustainable project.

Xclusive Reality joined forces with 2 major developers to create Alouatta, the project consists of 85 luxury Bio Climatic Cluster Condos as well as individual Green house residencies, spa and wellness center and commercial spaces. Preconstruction prices start from $339,000 to over $2MM. Project will complete in 3 years.

The Modern tropical bio climatic condo clusters and green residences all come with private access and spanning panoramic pacific ocean and primary jungle views. Aloutta's footprint is 272 acres of prime real estate with stunning pacific views of the entire Southern coastline to the Osa Peninsula and pristine sandy beaches. Alouatta Affords each residence spectacular and unobstructed ocean, views. Alouatta will feature 2, 3 and 4 bedroom units, ranging in size from 1,500 square feet to over 3,500 square feet of living space and expansive terraces. Penthouse residences will offer over 3,000 feet.

Xclusive Reality's luxury offerings are not only defining more travel environments than ever before, they are defining a broader range of travel experiences. The meaning of luxury has changed from exclusive to mainstream, and now is founded in smart design that appeals to all of the senses and encompasses concepts like spacious, clean, modern, tranquil and Affordable.

Xclusive Reality's management team has signed contracts with the worlds top European tour operators in order to promote tourism in Costa Rica and provide a guaranteed income for their investors, with secure weekly rentals in order to maximize there clients ROI.

Costa Rica is located in the center of the Americas, with two major airports providing excellent international access. Most citizens from the U.S., Canada and countries in Europe do not need a visa. Seventy-six per cent of passengers arriving are North American, providing the primary market for developments in the country.

ACORDING to 'ICT' the Institute of Tourism in Costa Rica, COSTA RICA IS AMONG THOSE COUNTRIES WITH THE MOST GROWTH IN TOURISM.
*Tourism in Costa Rica Up 12.5%

  • During the first six months of the year, 1.03 million foreign visitors came to Costa Rica, for an increase of 12.5%, according to figures released by the Camara Nacional de Turismo de Costa Rica (Canatur). In real figures, the numbers represent an increase of 89.178 more tourists over the same period in 2007.

The president of Canatur, Gonzálo Vargas, explained that the numbers are very positive for Costa Rica, who said that based on the numbers of the first semester, Costa Rica continues to be regarded by foreigners as an ideal place to enjoy their vacation.

The United States continues to remain the country of origin of more than 50% of the tourists, while Europeans represent about 17%.

Tourism officials in Costa Rica say that the economic problems in the United States has not affected high and middle income earners from visiting Costa Rica.

Costa Rica has been ranked as the number one location in Latin America in terms of tourism for a second successive year, registering 1.9 million tourists in 2007.

The country's diverse economy is one of the strongest in Latin America and is likely to continue growing irrespective of global markets according to the World Economic Forum that ranks Costa Rica as the second most favorable country in Latin America in terms of trade.

When the tourism industry grows, so does the real estate industry!

Leading brands such as Four Seasons, Saint Regis Aman Resorts, Hilton and Marriott have chosen Costa Rica for its great potential to attract foreign investment. The U.S. is among the countries most interested in investing in Costa Rica. Tourism is the main economic activity in Costa Rica. The country receives over 1.7 million tourists annually, which generates in excess of $1.7 billion in earnings.

Alouatta Prices expected at $200-300 per SQ foot. New luxury condos such as the Saint Regis start at $1,250. Advantages in buying Alouatta would include the lifestyle name recognition and 3 years of appreciation since you're buying preconstruction. Another option, you could buy a resell unit in Soulea.com and watch as the prices appreciate at the same time in Escalares. Last year, Escalares, Dominical real estate appreciated close to 30% and the forecast for this year is 35%.

As an investor, I have been aggressively buying ocean view preconstruction condos in Costa Rica. As a UK realtor, I geared my clients to do the same. This strategy has worked very well and it's one of the safest investments I would recommend.

For more details about Alouatta or Costa Rica real estate,
Contact Luke Richie
info @ alouatta.cr

Luke Richie is a full-time global investor/realtor in the UK. He started investing in real estate in 1970.

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