Monday, July 7, 2008

More information on Costa Rica

More on Costa Rica:

Costa Rica is the oldest democracy in Central and South America with the Pacific Ocean to the West and Caribbean to the East.

Costa Rica shares Central America with Panama, Nicaragua, Honduras, El Salvador, Guatemala and Belize

It was the first country in the world to constitutionally abolish it’s army and is an American protectorate.

The economy has been growing at 7% pa, with major inward investment via big multinationals such as Hewlett Packard, Intel, Microsoft, Abbott Laboratories, Merck Sharpe and Dome

The population is 4 million, of which 96% are literate – the highest in the Americas, with more teachers than police

5% of the worlds biodiversity can be found in Costa Rica, and NASA described it as having the best climate in the world – with average temperatures of 25-30 degrees

The country is ranked 5th – 2008 Environmental Performance Index with over 25% of Costa Rica declared a protected nature reserve

There is a $1.9 billion pa tourism industry, with many American celebrities choosing Costa Rica for their pad – such as Oprah Winfrey, Bruce Willis, Leonardo DiCaprio, Lisa Marie Presley.

Growth in Land Prices over last 7 years

Tamarindo: 48%
Located in the North-West of the Pacific Coast, this hotspot for celebrities has lots of stand-alone exotic villas dotted along the coast

Tambor: 79%
South of Tamarindo, but still on the North-West Pacific Coast touching the Gulf of Nicoya, Tambour is probably the second most popular tourist destination in Costa Rica

La Palma: 25%
Located near the East side of the Gulf of Nicoya but slightly inland, this area is very similar to our project, thus more comparable.

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