Hacienda Del Mar Development Parcel 25

Hacienda da Del Mar is the first master planned community in Playa Panama, Guanacaste, Costa Rica. It sits atop a beautiful lush ridge overlooking the Pacific Ocean and slopes back into the hills and valleys of 70 incredible acres of land along the Las Truncas Road. This master planned community is only 15 minutes from the Liberia International Airport , the proposed $40 million dollar Clinica Biblica Hospital and seven minutes to the new CIMA Hospital currently under construction. The Liberia International Airport has just under gone a $30 million dollar expansion and is now receiving 81 International flights a week. Freight will now be accepted at the terminals as well as expanded flights being received from South America, Canada, Europe and the USA . Hacienda del Mar has been designed and master planned approved to build 230 villas, different styles of town homes, condominiums, single family homes and home lots. Each home site has been carefully drafted to offer unobstructed views of the Bay of Culebra, Gulf of Papagayo, Four Seasons Papagayo Resort and the Pacific Ocean. Infrastructure is in place with underground electric, water treatment plants, Casa Club House, Sales Center, brick lock paver roads and approved water letters allowing building permits to be granted. This unique gated community will offer homeowners a beach club with restaurant/bar/beach access, a commercial village with business center, concierge service, on site property management, grocery/deli and clubhouse with cascading two tiered infinity pool, bar, grille, fitness center, meeting/banquet facilities and media center. The main road front commercial developments will be unique as it not only will service the built-in onsite residents, but also the community as a whole. The 70 acres has been segregated into 21 development lots and 10 residential lots. There are currently 9 development lots and 10 residential lots remaining, owned by the project developers. Each individual parcel is unique in design. Some units are single story, but a majority of the units that will be for sale will have two to four floors, two to three bedrooms, private pools, garages, elevators, a number of verandas to view the incredible sun sets of the Pacific and furnished with appliances. The Hacienda Del Mar property has access to the longest stretch of beach in Papagayo, with more than two miles of beach front and is located within a short 5 minute boat ride to the new world class mega yacht club at the Papagayo Marina. The Guanacaste Region of Costa Rica is poised for tremendous growth in the next several years and will begin to rival Baja California and Cancun as a premier resort destination serving the Americas. The Guanacaste Region offers visitors and residents a wide array of recreational opportunities, a favorable climate, a distinct culture and relatively easy access from various locations in North and South America. Major area amenities are outlined below: • A warm, welcoming culture • A perfect climate year round, with no history of hurricanes • Unique and varied landscape • Easy access to the new $40 million dollar Clinica Biblica and the under construction CIMA Hospital • Easy access to international airport newly expanded, 81 International flights weekly • Wide selection of regional amenities and recreational choices • A stable government and economy • Qualified and available workforce “The Gulf of Papagayo” is the hottest area of development in all of Costa Rica. This is true not only due to the tremendous climate and scenery, but also because it is the primary area that the Costa Rican government specifically designated for foreign investment. With the highest percentage (over 25%) of its land preserved from development and protected by the government and due to their increasing financial dependence on tourism as the #1 wealth creator for the population. The Costa Rican government is aggressively promoting foreign development in very specific geographic areas, resulting in the major influx of investment in the Guanacaste Province. • Costa Rica has only 364 luxury hotel rooms with a demand of nearly 2,000. • Costa Rica receives over 1.7 million annual international visitors – a number that has grown at a compounded annual average growth rate of over 11% in the last five years. • Costa Rica was voted number one three years in a row 2008-2010 as the top of mind destination for Americans according to a poll done by US Travel Weekly Lot 25 - 14430 Square meters, $2.7 million 20 condo units or 11 – 12 residential home sites depending on size, up to 3 story 5411 M2 construction coverage Joint Venture opportunities are welcomed on remaining development lots.