press release
Southern Guanacaste, Costa Rica poised for big real estate gains
by global property guide team
Costa Rica’s exploding Guanacaste Province (North Pacific Coast), which boasts resorts like the Four Seasons and the future home of a JW Marriott, along with numerous high-end communities, has returned wonderful profits for its land owners. Unlike the central pacific region of Puntarenas, land values in Guanacaste are continuing to grow, and new opportunities still exist. The proof of Guanacaste’s dominance is in the out performance of all other areas of the country when it comes to investment returns, especially in its southern area.
Why Guanacaste is hot
(PRWeb) February 23, 2007 — There aretwo primary reasons why Guanacaste is doing so well for investors, in comparison to other regions of Costa Rica. The first reason is that the real estate is so gorgeous. Magnificent beaches of soft sand, with colors ranging from bright white to pink, and turquoise, green and blue waters are a major draw to the region.
Additionally, in the region of Guanacaste, the mountains virtually drop right into the sea, which creates magnificent ocean view lots, even when miles from the beach. The second reason that Guanacaste is doing so well is that the development of the area has been done responsibly, with much respect paid to the environment. The communities are upscale with many private communities of million dollar homes.
Real estate opportunities
Skyrocketing values in Guanacaste are nowhere near the ceiling. Many times, when a region goes through the type of growth that Costa Rica is enjoying, the appreciation caps out before many investors can get involved. Luckily for today’s property investors, Guanacaste has a plethora of beachfront land that remains relatively undeveloped. This means one very important thing… Ground Floor Opportunities! Investors love them if they are lucky enough to find them, and Guanacaste still has some in its southern region. One particularly well-poised town in southern Guanacaste is Nosara Beach.
Nosara: A gold mine for real estate investors?
If you’re not in the know yet regarding Nosara Beach, you might want to hurry up and get involved there. Nosara, while primarily undeveloped, does have a fun town with plenty of restaurants and shops, plus an airstrip served by two daily flights from San Jose on Nature Air and Sansa Airlines. These amenities alone leapfrog Nosara in front of other potential investment areas. In addition to the airstrip and town are gorgeous white sand beaches, and a giant nature preserve which is home to many rare species. Two rivers keep the area green year-round, while the rivers’ estuary (where fishing is famous), and giant tree-covered mountains which overlook the ocean. The current climate in Southern Guanacaste makes a home site or community an attractive investment.
For the masses of investors who want to jump into owning a property in Nosara, or anywhere in Guanacaste for that matter, it may seem pretty complicated. For this reason, the majority of property investors tend to want pieces of land that are inside of planned communities being developed by companies who can remove most of the difficulties for them. Whether an investor wants to take on the challenges of carving out his own piece of paradise, or wants to go with a developer’s project, Guanacaste is a winner, and at this time, especially in it’s southern region.
via eMediawire
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AMB Property Corporation(R) Starts First Phase of 1.5 MSF Distribution Park in Milan, Italy
via PR Newswire
SAN FRANCISCO, Feb. 21 /PRNewswire-FirstCall/ — AMB Property Corporation(R) (NYSE: AMB), a leading global developer and owner of industrial real estate, today announced it has begun development of the first phase of AMB Siziano Business Park in Milan, Italy. When fully developed, the park is expected to total approximately 1.5 million square feet of distribution space.
“Milan is the economic heart of Italy and a strategically located distribution market, making it a natural fit for AMB’s focused investments in areas tied to global trade,” said Guy Jaquier, AMB’s president, Europe & Asia. “AMB’s expansion into Milan continues our program of entering new markets to serve our growing customer base.”
AMB Siziano Business Park is located 10 miles south of Milan’s city center; provides easy access to the Lombardia-Piedmont industrial region of Italy; and is situated along route SP40, linking the A1 and the A7, which connect southern Italy and the Port of Genoa, respectively.
“AMB Siziano Business Park is unique, as it is the only state-of-the-art distribution park of a large scale this close to Milan’s city center,” commented Mo Barzegar, AMB’s managing director, Europe.
“AMB’s portfolio of development facilities in Europe includes projects in Amsterdam, Hamburg, Dusseldorf, Paris, Lyon and Madrid, and we now look forward to accommodating customer growth in Milan.” Building 1, currently under development, is expected to total 437,000 square feet, and is anticipated to be completed in the fourth quarter of 2007. AMB’s joint venture partner in the development of AMB Siziano
Business Park is Milan-based Redilco Group. AMB’s portfolio in Europe now totals more than 7.7 million square feet of operating and development properties located in major markets tied to global trade.
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