Costa Rica Real Estate

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Diego Ouellette

Seventeen Marinas on the Way

Not only has Costa Rica hit the development bug, but it has caught the marina bug as well. In total there are 17 marinas waiting to obtain authorization in order to begin construction or finish what they have already begun. Currently in construction are the Marina Pez Vela in the Quepos area, Papagayo Marina in Liberia and Marina Bahia Escondida in Golfito. However, there are a wopping 14 marinas stalled, by tourism and governmental regulations. Those three on the way, and hopefully running by 2009/2010, are projects with costs that range from $14,947,116 up to $55,000,000. Marina Papagayo counts with 179 docking spots, Bahia Escondida (the most expensive of all) will have 226 docking spots and Marina Pez Vela is expected to have around 300 spots for the boasts to choose from.

 

In order for those stalled to be approved they must prove to be environmentally sustainable and economically benefit its surrounding communities. Any of the three areas previously mentioned where the marinas will soon be completed are lucrative zones. If looking to invest or develop, all three are commercial areas and booming in residential developments. They are all becoming small cities that are not only beautiful, but can offer any service you may need and provide you with a comfortable lifestyle.   

Published Monday, January 28, 2008 1:51 PM by Diego Ouellette

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