Costa Rica Invest and PRG Global Realty have recently launched Nature Walk close to Jaco, Costa Rica.
This development represents a totally new concept in real estate - the ecological subdivision.
Costa Rica Invest and PRG Global Realty have recently launched Nature Walk close to Jaco, Costa Rica.
This development represents a totally new concept in real estate - the ecological subdivision.
Fully serviced development lots in Nature Walk, come with the added benefit of 12 year old teak growing on them.
This teak growing on the lots provides additional security and returns for the purchasers of these lots.
James Cahill, from Costa Rica Invest comments “Nature Walk provides an ideal opportunity for both straightforward investors, wanting to benefit from future increases in land prices in Costa Rica, and also for those investors with a medium term plan to build a home in Costa Rica. When investors look at land banking as an investment opportunity, they are entirely dependent on an increase in land prices to generate a return on their investment and that return is only realized when the land is sold. With teak growing on the land, the returns from the teak combine with the appreciation of land prices to provide a double return.”
Tim Alexander, from PRG Global Realty adds “not only is Nature Walk ideal for pure investors, providing an attractive entry into the Costa Rican land market with the added returns and benefit of teak., but it is also ideal for those seeking a second home in Costa Rica. The return from the teak harvest on one or more lots will cover the entire costs of land purchase and provide a significant contribution to the building costs of your home in Costa Rica.”
Nature Walk has launched with a very attractive launch offer, offering initial lots at half the retail pricing with a 10% pa yield paid for 3 years by the developer.
Under the initial launch offer, purchases can be structured to provide full capital purchase cost repayment in 4 years, leaving initial purchasers with 60% of the initial land purchased and the added benefit of 16 year old teak trees growing on their fully serviced lots.
The teak can then be sold and the land developed or sold on in another 4 years.
Returns from the teak and any partial land sale at that time can be used to finance the building costs of a home on the remaining land
Sunday, April 11, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment