Costa Rica's Premier Second Home Community, The Palms, Announces Successful Sales During Q1 2013

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New Owners are Drawn to The Palms for the Lifestyle and Location

Supporting the resurgence of the Costa Rica real estate market, The Palms in Playa Flamingo, is proud to announce the sale of two whole ownership Villas and one fractional ownership Villas. The recent sales activity underscores the notion that consumers are once again turning to vacation home ownership as a smart legacy investment and they see the value of purchasing at The Palms.

“Costa Rica continues to be an intriguing market for U.S. residents looking for something off the beaten path and for a lifestyle that brings back quality of life and simplicity,” says Bob Reddy, CFO of The Palms. “One of the recent buyers was in Playa Flamingo on vacation and happened to run past The Palms. With the exceptional location right on the Playa Flamingo, they couldn’t resist finding out more information. As soon as the couple learned they could purchase a Villa at The Palms, they were ready to sign the papers.”    

The Palms is a private, member-owned residence club comprised of elegant two-bedroom Villas in a luxuriously landscaped sanctuary on Playa Flamingo, Costa Rica’s premier beach. The 32-villas are adorned with only the finest appliances and finishes and offer more than 2,300 square feet of living space. Offering all the advantages of vacation home ownership with the services and amenities of a first-class resort, The Palms offers its owners a luxury sanctuary and a more authentic experience.

“When a potential buyer visits The Palms for the first time, they are blown away by the beauty of the property and lifestyle of Costa Rica,” says Mark Randall, Sales Director for The Palms. “To truly understand the property, Guanacaste and Costa Rica, I encourage people to come down and stay with us. The slower pace of life and the quality of life make The Palms and Costa Rica a dream come true.”

In 2013 alone, The Palms has seen an increase in interest for Costa Rica real estate. Potential buyers are feeling more confident in buying a second home in Costa Rica and are yearning for that place to take a deep breath and truly relax.

The Palms unveiled two new beachfront Villas earlier this year. Just footsteps away from the beautiful white sands of Playa Flamingo, the brand new Villas are the largest that the exclusive club offers at 3,000 square feet each. The ground floor Villa, which includes a large deck, perfect for entertaining with a superb view, has three bedrooms, three full bathrooms and a powder room. The top Villa features open cedar-beamed ceilings with three bedrooms, three full bathrooms, a powder room and a spacious loft. The Villas are for sale for $2.25 and $2.5 million, respectively.    

For those seeking a luxury oceanfront vacation home that affords the best of Costa Rica for an incredible value, they can purchase a whole ownership two bedroom Villa starting at $795,000 or a 1/10th deeded interest for $129,000.    

For more information, please call 800-867-5762 or visit Check out The Palms on Facebook @ Palms Villas or Twitter @palmscostarica.

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