Costa Rica Invest Announces 150% Buy Back Guarantee
27th August 2008
Summary: Costa Rica Invest announced that the next 50 buyers in Di Pacifico Dos will benefit from a Buy Back Guarantee of 150% of the original purchase price. Comprising development land with teak trees returns of 25% CAR p.a. are projected.
Di Pacifico Dos is the jewel in the crown of Costa Rica Invest’s developments in Costa Rica. Located on the Pan American highway 5 miles from the gulf of Nicoya, the development consists of 900 development land plots.
Each plot comes with the added value of 10 to 14 year old teak trees. Teak is a traded commodity worldwide. Demand for teak has increased strongly largely driven by consumption by China and India. Supply of teak has reduced due to diminishing jungle sources. Together these trends have led to strong teak price growth of 8.5% p.a. over the past 10 years.
Costa Rica is one of the most sought after holiday destinations in Central America. It is the country of choice for North American holiday makers. Politically stable with a strong economy, Costa Rica is frequently called the Switzerland of Central America. With more teachers than police, an outstanding healthcare system, a wonderful climate, no army and the longest life expectancy in the Western Hemisphere it is of little surprise that Costa Rica has become so popular with North American retirees, holiday makers and celebrities. This has led to spectacular land price increases.
Costa Rica is ranked 5th worldwide in terms of environmental awareness and intends to be “carbon neutral” as a nation by 2021. Costa Rica has already designated more than 30% of its land area as natural parks and preserves and is estimated to contain more than 5% of the world’s biodiversity.
The combination of teak on development land provides extra security and return for investors in Di Pacifico Dos. Costa Rica invest projects returns of over 25% CAR p.a. 1,000m² costs just €6,450 an investment open to all. Costa Rica Invest has added the further guarantee that they will buy back the land for 150% of its original purchase price in 8 years if the investor chooses.
Costa Rica Invest specializes in ethically responsible, environmentally friendly, high yield investments primarily in Costa Rica.
Contact Information: James Cahill, +353 1 272 4184, james@costaricainvest.ie, Seaview Court, Strand Road, Bray, Co. Wicklow, Ireland. www.costaricainvest.co.uk
Monday, September 1, 2008
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