Have you been looking for a great land investment or the perfect building lot in Costa Rica? Are the glitzy marketing campaigns from huge developers becoming confusing? Tired of seeing the best communities sell out to investors leaving you to fend for retail seconds?

 

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The high inventory of lots in gated communities and new condo developments along the Pacific coast is mind-boggling. You have unlimited choices of investment that all look good from their glossy brochures. Many, no doubt, are solid investments.

Personally, I like to find a wholesale deal straight from the developer, before all of the “bling-bling” marketing. I also prefer to find an investment in an area where inventory is low and demand is high. That is what makes a solid investment a great investment!

Atenas is an attractive small mountain town about half-way between San Jose and the Pacific beaches. Although it has been disputed, Atenas is reported to have “The Best Climate in the World”. Who wouldn’t want to live is the best climate in the world?

Atenas has become popular with foreign retirees because of its location, tranquility, and climate. Foreigners enjoy the small-town feel and appreciate the convenience to everything.

Atenas has Kay’s Gringo Bakery, Rick’s Internet Pizza Café, Alida’s Italian Restaurant, a Chinese Restaurant, bilingual schools, a brand new clinic, and much more to make foreigners feel comfortable. Atenas is safe, quiet, and not a touristy town, which is also a draw for the retiree.

Atenas only has a few gated communities and demand for them is high. The two largest have sold out, those lots and homes have resold. That represents strong demand for relatively young communities.

The reason the best communities sell out before the “average Joe” can buy them is because investors and spec home builders know exactly when to buy from the land developers. The right time to buy is when the infrastructure is almost finished, multiple houses start going up, and the developer is offering creative financing.

Once many homes are built and infrastructure is completed, it will be too late. In this hot Costa Rica market you will pay full retail. Investors also know that gated communities in this area are golden opportunities because of their scarcity.

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With this article, I am kicking off anything resembling marketing for Hacienda Atenas, a 72 lot upscale gated community in Atenas. This 60 hectare (150 acres) property offers some of the best mountain views in Atenas. This prestigious development has an open country feel yet it is only 3 minutes to town. You will find ultimate tranquility and privacy on their 7000M2+ (1 ¾ acre) lots. NOW is the time to invest in these lots!

Why buy now in Hacienda Atenas?

  1. The $80,000 front gate with cobblestone entry was just finished
  2. Water runs to all of the lots
  3. The road is paved and electricity is to each lot in for Phase 1
  4. Phase 2 roads, drainage, and water are in
  5. Phase 2 paving and electric will be completed by the end of 2007
  6. Three homes are built (2 have sold for $425,000 and $475,000)
  7. Five more homes are nearing completion
  8. Recreation club being planned
  9. The developers are offering creative terms
  10. Each lot has clean title & their own corporation for easy transfer and LOW fees

Other similar communities in Atenas sold out their lots for prices starting at $120,000. The lots in Hacienda Atenas are larger, have a better location, stunning views and they start at $90,000. Plainly stated, they are the best deal in town! With all that will be soon completed, prices will climb quickly.

Plus, the Hacienda Country Club is being planned inside this community. It will be the first recreation club in Atenas offering tennis, fitness center, medical clinic, basketball, sand volleyball, nature trails, golf driving range, pool, club house, picnic areas and much more. Hacienda Atenas buyers will have the exclusive right to a membership.

These lots are great for a simple buy-and-hold investment strategy or a great deal for your dream home. For more aggressive real estate investors, who want to build spec homes, there are lots for NO MONEY DOWN and NO PAYMENTS until your spec home is built AND SOLD!

Buying in a low-inventory but high-demand area like Atenas makes Hacienda Atenas a great investment. Once the infrastructure and more homes are completed you may be scrambling for retail seconds. Hurry, before it’s too late!

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