With investments in first-world telecommunications and road infrastructure, property values in the Central Pacific region stand to increase.
El Roble Puntarenas, Costa Rica; Miami, Florida U.S.A. (PRWEB) February 23, 2010
Sands Point Costa Rica real estate developers Tidewater Partners Fund, LP. welcome the opening of the world-class autobahn between the capital San Jose and Puntarenas, extending along the country's scenic Southern Pacific coastal rim. Several long-term commitments to national economic development by Costa Rica leaders highlight the pivotal value of Puntarenas, home of the Sands Point Costa Rica condos - a 10-story, 71-unit luxury beachfront condominium tower on El Roble, Puntarenas.
At the inauguration ceremony for the new highway Costa Rican president, Oscar Arias, announced, “For the first time I made it to Puntarenas in 50 minutes by way of the new highway!” Maximum permitted speed limits on the expressway are 80 to 100 kph. The new road allows travel between San Jose and Caldera, south of Puntarenas, in less than 45 minutes. On other routes travelers spend between at least 2 hours on the trip. Tolls of $3.75 permit travel of the entire 77 kilometers of the new highway, or roughly ¢1.500 colones each way for passenger vehicles and motorcycles only. The quaint, peaceful port city of Puntarenas now has easy and fast access to San José shopping, medical and entertainment offerings. Puntarenas will now have easy access to Jaco, Quepos, Manuel Antonio and the Osa Peninsula as well.
Carlton Solle, Director of Coldwell Banker Peninsula Trading Company, a veteran of Costa Rica Real Estate Sales & Marketing, says “Real estate in Costa Rica is all about access and infrastructure. That is, how much you need for you and your family to feel comfortable and at-home here.” He added, “With investments in first-world telecommunications and road infrastructure, property values in the Central Pacific region stand to increase.”
In addition to its new fast route to the vibrant life in San Jose, Puntarenas has several unique features making it a leader in the Costa Rica real estate market. The port of Puntarenas receives visiting cruise ships from all major lines, permitting travel the length of the Pacific and through the Panama Canal to the Caribbean. Also, on a beautiful 1-hour ride, a new, modern ferry links vehicles and visitors from Puntarenas directly to the Nicoya Peninsula, the heart of the new officially-protected ecological sanctuary and biological corridor. Punarenas, a 5-mile strip of sand with ocean on both sides, also offers one of the most intriguing and entertaining aquariums in the country. Adults and children alike marvel at the wonders of the under-sea world. Puntarenas is also home to a top-ranked campus of Costa Rica's leading university, Universidad de Costa Rica (Puntarenas) (UCR), as well as the Colegio Universitario de Puntarenas (CUP). Also in the city, one of the country's best hospitals, Monseñor Sanabria de Puntarenas, is a modern facility that has been rewarded for continuous reinvestment in improvement of its patient services and medical specialties and operations.
The newly elected President of Costa Rica, Laura Chinchilla, will continue the country's commitment to growing eco-tourism along the coast, as well as opening investment to more entertainment offerings in the port city. For example, a new 18-hole Greg Norman golf course at La Roca, just minutes from the Sands Point Costa Rica condos, makes Puntarenas an ideal place to invest, enjoy, and to call home. With the entire existing infrastructure and more improvements planned, Puntarenas' appeal continues to grow as a vacation get-away and retirement destination.
Bradley Tuyn Director of Miami-based Tidewater Partners Fund, LP adds "You really have to see this incredible country first hand to appreciate its natural beauty and the warmth of the people.” To ensure people take advantage of the opportunity to experience “our” Costa Rica, Sands Point Costa Rica now offers two complimentary nights at the Hilton Double Tree Beach Resort Puntarenas, a luxury tour of Tortuga Island and complimentary ground transportation for couples that reserve any Sands Point Costa Rica unit for $5,000, held by Stewart Title and fully refundable. “We are confident that once you get here you will feel the same way that we do about this beautiful country and the beach side luxury to be found in Puntarenas”
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