Merkapro Development Group

The $300 million Hyatt Hotel Resort, destined for Brasilito in Guanacaste but delayed for almost 12 months, will formally break ground next week, the developers have said. A group of 75 people, including a sales force of 35 brokers from both the United States and Canada, will descend upon Brasilito to get a first hand look at the building site. ...

(C.A. News) — With the goal of helping Guanacaste’s communities benefit more and more directly from the province’s tourist and economic development, the Central American Business Administration Institute (INCAE) kicked off this month the Positioning and Sustainability of Guanacaste’s Tourism Cluster program.The program ...

The crisis in the US housing and financial markets, already spreading to Germany and Japan, is not expected to have a serious impact in Costa Rica, experts said this week. Despite concerns with a record number of Americans set to lose their homes to foreclosure and house prices getting lower all the time, the general consensus is those buying in ...

FOR many travelers, Costa Rica has become a destination for eco-tourism — that is, vacations intended to celebrate and preserve the natural environment. And over the years, travelers on such trips have come to expect mostly ascetic accommodations after long days of surfing or hiking, typically not much more than a decent bed in a bug-free ...

The slow real estate markets in the US have brought many new financing options to Costa Rica. US and other foreign investors are now able to qualify for mortgages from major banks such as HSBC, Citicorp and Scotia Bank with rates from the low 8% range with 20% down. This compares to loans three years ago in the 13% range with 50% required down ...