For more information, contact:
Sara Kelley
(512) 947-9032
Team GMAC Real Estate

Beautiful home backs to Barton Creek Greenbelt. Open and light-filled floor plan, updated finishes. The bright foyer opens to formal living/dining rooms. Spacious island kitchen and breakfast area open to family room with fireplace. Wonderful 500sf game room, 2nd stairway off kitchen, recent paint and carpet. Secluded backyard retreat with heated pool, waterfall and hot tub. Existing propane line for outdoor grill. Square Footage is 3,619 per floor plan measurement.

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We estimate that there is 5-8 billion dollars planed to be invested, with the smart money in the Papagayo area over the next few years, i.e. 15 five star Resorts. Steve Case has publicly announced his plans for an $800,000,000 dollars resort which is located roughly 2 miles away from our property. Case plans are to re-start their development project in about 18 months from now, when both the USA and the CR economies recover.

The Papagayo area has been designated by the Government as a Tourist development priority for the country. These ICT concessions are very unique when compared to the rest of the country. This area has a Master Plan, unique set of by-laws, green friendly zoning restrictions, and most importantly government guarantees for utilities, as well as the Federal Government having jurisdiction over this land, not the local municipalities.

Our Neighbors, the new Weston Hotel and the Regent Hotel have both broken-ground. The estimated completion for these two resorts is 18-36 months, with approximately ($500 to $600) hundred million dollar combined development budgets, for just these two projects.

Our residential parcels will allow for approximately 100 residential units to be developed in a prime location, with stunning ocean views. Our exit strategy is developing modest priced condominiums units with an incredible ocean view, offer owner financing, with a target market of 50% of sales from the Costa Rican market. Enclosed in this information package is a conceptual master plan of possible sub-divisions.

Our commercial frontage on the Boulevard is also a prime development opportunity. The neighboring developers, in harmony with our team, envision the boulevard to become the next Rodeo Drive” of Costa Rica. Development plans include a 5 star casino, amphitheater, many high end shops and restaurants directly across the street from our property. Our exit strategy is developed the units, lease them out, and sell them to the Costa Rica Real Estate Investment Trust.

Our Hotel parcel is also, a great business opportunity and an excellent location for a mid-priced, 3-4 star select service hotel. When you consider the hotel site is a 5 minute walk to Panama beach, our neighbors, the new 5 start hotels (Weston and Regent) , room rates at the neighboring hotels will be starting at $300 to $700 per night, if this hotel offered modesty priced room rates, we believe there would very high occupancy rate year round. Our short term marketing strategy is to secure contract with several local tour operators (1-3 years) to grantee 30 to 40% occupancy. Our long term marketing strategy is to hire this unique, USA web based marketing company, with a goal of 75% of our room bookings from direct internet generated sales. Our exit strategy is to construct the hotel, start up the operations and sell the hotel for 5-10 times earnings.

The best asset this area has to offer developers is the quantity of available water resources. The experts estimate there is an adequate supply of water in a massive reservoir (2-3 miles away) to fulfill the needs of the entire community indefinitely. This is one of the main reasons the Papagayo Peninsula Group – Four Seasons Resort decided to invest a Billion dollars over the next 15 years in Papagayo. Recently, Costa Rica has secured a loan form the World Bank to financing the infrastructure for the water distribution plan. We estimate this project could be complete with in the next 6-12 months.
Owner financing available. Please contact – Michael Mills for further information – RE/MAX Prestige Ocean Properties & RE/MAX Los Tres Amigos
Playa Hermosa & Playa Panama, GTE, Costa Rica
Cell 011-506-8-867-6929 or 011.506.8-827-5418
FAX 011-506-2-672-0254
Email: michael@costarica-realestate.com
Web: http://www.costarica-realestate.com

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For more information, contact:
Robert Lorenz
253-318-0553
Gateway GMAC Real Estate

This stunning home is located in a great area surrounded with beautiful landscaping. The open spacious interior has too many amenities to list. You must see this one in person to fully appreciate it’s unique style and quality. Call today for your personal showing!

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For more information, contact:
Steve Hiatt Gateway
2533121834
Gateway GMAC Real Estate

Wildlife, seasonal aquifers and custom landscaping are the backdrop for this Southwest style rambler on 5 parked out acres. Elkridge community w/5 acre plats are your neighbors. As you drive up to 300+ feet of wrought iron fencing. The home has water features, palm trees, a detached 3 car garage/shop plus a 2 car garage on main home. Retreat to the secluded master suite with cedar lined walk-in closet and garden jetted tub. If you want elbow room or a place for homes, this is it!

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For more information, contact:
Steve Hiatt Gateway
2533121834
Gateway GMAC Real Estate

Details! No other way to describe this one of a kind rambler home! 3 beds/2baths, with upgrades including tile floors, accented by slab countertops in every room. Entertain w/chef’s kitchen inside or 800 SQ FT outdoor kitchen and dining area. Temperature controlled wine room & theater seating in the huge projection home theater room. 5 acres of solitude with Schneider Creek running through it. The home also boasts spacious den, bonus room & 1500 SQ FT 3 car garage. Want the best? You found it!

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Who wants to deal with everything that comes with buying or selling a home?

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For more information, contact:
Sara Bastian
719-640-2595
McGinnis GMAC Real Estate

Your Picture Perfect Home with Mountain Views of Pikes Peak! Large Master Bedroom with Pikes Peak Views, Walk-in Closet & Luxurious 5 Piece Bath. Easy entertainment with the spacious kitchen, dining & living rooms. Open, light & bright, your home features beautiful hardwood floors, 3 car garage, main level office & separate laundry room. Cozy gas fireplace & refreshingly cool A/C included. Roomy finished basement perfect for your game room or home theater (or both!) with guest suite. Close to shopping, movies, Air Force Academy & trails. Preview it Today!

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