Costa Rica Real Estate Boom forces Fort Lauderdale based Realty Company to expand to Costa Rica
September 27, 2007 (PRLEAP.COM) Business News
FORT LAUDERDALE, FL. SEPT 27, 2007: The partners of Fort Lauderdale based Investors Realty-Costa Rica (IRCR) announced today the grand opening of their new office centrally located in downtown Quepos, Costa Rica.Before the U.S. real estate bubble began to burst, Fort Lauderdale Real Estate Broker Wayne Blackburn began exploring international markets seeking a safe haven for existing clients to transition their Florida Real Estate Investments. Wayne’s research kept bringing him back to the 32% annual returns realized in Costa Rica real estate since 1998. Investors Realty began researching Costa Rica and it’s real estate market in depth. Soon they began representing developers throughout Costa Rica’s Pacific Coast and quickly learned what it takes to successfully identify and market real estate opportunities in the U.S. and abroad.
The 87% sellout of Hacienda Matapalo’s Phase One Homesites, (www.HaciendaMatapalo.com) in just three months confirmed that the right project, in the right location, designed to give American investors a sound alternative to buying into a down market, was a true win-win for all. Unsurpassed beauty, governmental stability, pro-American investment policies, favorable tax structure and the low cost of living has made Costa Rica the obvious choice for more than 100,000 Americans who already own their piece of “Nature’s Playground.”
Agent Michael Starkey explained, “We were compelled to open a local real estate office in Costa Rica. Hacienda Matapalo is a potential $100 million dollar sellout. The 665 acre luxury gated ocean view community offers 1.25 acre homesites, single-family homes, condominiums, and villas surrounded by lush forests, cascading waterfalls and breathtaking views of the Pacific Ocean”. Starkey further explained that “Hacienda Matapalo is located on the new, soon-to-be paved, Costanera Highway (Pacific Coast Highway), just a short drive from the new International Airport (2010), and state of the art, 80,000 s.f. hospital(under construction and nearing completion).
Investors Realty Company has been serving the commercial and residential real estate market in South Florida for more than 20 years. Now expanding their expertise to a new frontier. Costa Rica – an affordable paradise!
For more information, please visit
www.costaricaforme.com
www.haciendamatapalo.com
call: 954-630-8339 or 800-281-4145.