Costa Rica's First Branded Residential Resort and Marina Development Announces Partnership between Crocodile Bay Eco-Resort and Sinergo Development Group.

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Crocodile Bay Eco-Resort located in the Osa Peninsula, Costa Rica, has announced its partnership with Sinergo Development Group to oversee the master planning and development of the first branded residential resort and marina within Costa Rica.

Costa Rica's First Residnetial Resort and Marina

Be one of the privileged few to own a residence in what is destined to become a new Costa Rican landmark destination

"This globally recognized and respected master planner was responsible for developing the first Four Seasons Resort in Central America at Peninsula Papagayo"

Crocodile Bay Eco-Resort located in the Osa Peninsula, Costa Rica, has announced its partnership with Sinergo Development Group to oversee the master planning and development of the first branded residential resort and marina within Costa Rica.

The first phase of the project, named The Sanctuary at Osa Peninsula, is estimated to cost $85,000,000, and will consist of 50 private branded residences and a 74 room luxury hotel to be managed by one of the world’s top hoteliers. The development will also include construction of one of the most environmentally sensitive full service marinas in Central America. Of the 115 slips being built, Crocodile Bay Marina will release 50 slips to boaters interested in owning a berth in what will be the closest international full service marina north of the Panama Canal. The marina village overlooking the gulf will house a two story Tiki bar, market deli, yacht chandlery and concierge services complete with an onsite tour office. The full service marina will also include meeting facilities, guest laundry, private storage and a boat launching area complete with a 20 ton yacht crane.

Cory Williams, President of Crocodile Bay, announced that Sinergo Development Group is one of most respected developers in Central America. “Crocodile Bay and The Sanctuary at Osa Peninsula, are proud to announce our partnership with Sinergo Development Group and its founder Alan Kelso. This globally recognized and respected master planner was responsible for developing the first Four Seasons Resort in Central America at Peninsula Papagayo, as well as attracting both the Marriott and Hyatt brands to Costa Rica. We are very pleased to partner with such an experienced and respected developer to build for our guests, and the future owners of our branded residences, a truly world class project located within one of the most biologically intense places on the planet”. Williams went on to explain that Sinergo Development Group also developed the first Hyatt Place outside of the United States and the first Hyatt Andaz Resort in Costa Rica at Peninsula Papagayo which is adjacent to the 180 slip Marina Papagayo also developed by Sinergo.

David Belinko, Launch Director for the Sanctuary at Osa Peninsula, stated that a professionally managed rental program will be an option within the development that allows future owners to drive revenues from their home when not in residence. He further states that the iconic hotelier that will manage both the hotel and the private residences has a loyal following of over 10 million individuals and that this dictates the project will soon have a global appeal. Owners of private branded residences will also have the opportunity to participate in the brand's exchange program which is reputed in the industry as having an unparalleled global network. The first phase of 50 residences is scheduled for release in 2015.

About Crocodile Bay Eco-Resort
Crocodile Bay Resort has been operating the largest sport fishing resort in Central America since 1999; catering to elite anglers and nature enthusiasts from all over the world. The resort houses private villas, a 5000 sq. ft. spa and a conference facility. Crocodile Bay has 42 sport fishing boats making it the largest privately owned fleet in Central and South America.

The hotel also operates over 30 different eco tour expeditions into the surrounding rainforest of the Osa Peninsula and the waters of the Golfo Dulce. Crocodile Bay has been the winner, for two consecutive years, of the coveted TripAdvisor Travelers Choice Award for the “Best Hotels in Central America” as well as the “Best Hotels in Costa Rica”.

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Will Briegel

David Belinko
@crocodilebay
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