los cielos property brochure

8/10/2019 Los Cielos Property Brochure

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Table OfContentsInvestment Proposal Investor Profile Points to consider | attractions and attributes - General to Costa Rica - Specific to Los Cielos At the Planning or Nearing Completion Stage

The Offering Los Cielos | A General Overview: A Conceptual Development Plan and Current Property Status - The Current Master Plan includes

Location and The Regions Characteristics Location The Regions Characteristics

Detailed Property Characteristics Total Additional very important features Conclusion

Information on Costa Rica of General & Business Interest

Fact Sheet Business Climate Facts that prove Costa Ricas competitiveness Accompanying investment and tourismrelated foreign direct

investment Libreria Internacional Airports dramatic effect on Costa Ricas

Northern Pacific Coast region of Guanacaste


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Investment Proposal

Investor Profile Points to consider | attractions and attributes - General to Costa Rica - Specific to Los Cielos At the Planning or Nearing Completion Stage


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Investment Proposal

NAI Costa Ricais retained as the exclusive advisor by the Ownerof Los Cielos to arrange the sale of its fee simple and beachconcession interest to qualified buyers for a purchase price ofUS$19,500,00.

Investor Profile:

An international investor seeking to diversify his financialholdings into a stable investment during these times offinancial uncertainties and currency fluctuations.

An up-market hotel or condominium developer having clients with environmental sensitivity or a craving for a

more peaceful life; or Part of a corporate or individual investor group or hedge

fund attracted to an area of consistent stability with a

growing presence on the world tourism stage.

Points to Consider - attractions and attributes

General to Costa Rica

Costa Rica provides safety and stability no army and is part of the Central American Free Trade Association with the United States of America (CAFTA). Thus opening up the telecommunications and insurance market to both competition and sector investment

opportunities. Costa Rica continues to attract both international

corporations and smaller companies because of itseducated workforce, lower wage structure, and freetrade zones.

Health care is excellent and the government is encouraging


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Health Tourism by creating bills offering attractiveinvestment benefits to health-related businesses. Privatehospitals such as Cima in San Jose provide first classhealth care for a fraction of the cost of health care in theUnited States of America and Europe. Medical tourists

typically recuperate in resort hotels such as the 5-starIntercontinental Hotel which is located next toCima Hospital.

An increasingly affluent local population leads to moresophisticated shopping malls, restaurants, theaters,and other forms of entertainment.

In Costa Rica, the cost of living for Americans, Canadians,and Europeans is comparatively lower than at home.

Many United States and Canadian residents nearing retirement age find Costa Rica a safe and enjoyable

haven in which to retire for they perceiveCosta Rica as a country encompassing a moreecologically protected environment and a simpler life-style

than those in other areas of the world. Tourism, which began in earnest in 1987, has become one

of Costa Ricas fastest growing economic sectors.Since 1999 tourism has been earning more foreignexchange than bananas, pineapples and coffee combined.National parks and protected areas cover about24% of the countrys land area: the largest in the world

as a percentage of the countrys territory. As eco-tourismhas flourished, these areas provide Costa Ricas main

competitive advantage by enabling tourists to takeadvantage of unspoiled tropical jungles and forest areas;many of which are in close proximity to the beaches.

Many 5-star hotels and resorts like Four Seasons, JW Marriott, Hilton Hotels, Intercontinental Hotels, and other

major hotel and resorts chains, are found throughoutCosta Rica.

Investment Proposal


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Specific to Los Cielos

Airport: A new airport is planned for construction inPalmar Norte just 40 minutes south of Los Cielos, which willhave a profound effect on the area. For example: when theLiberia International Airport opened up in Guanacaste, North

Costa Rica, the regions development exploded. The growthin air passenger traffic through the Liberia Airport has been akey factor for attracting a high level of investment to the area.The southern region is expecting the same result and manybusinesses are already poised to take advantage. (Please referto the final section of this report for more indepth information.)

Hospital: Close to the Quepos airport and provides full medical services with fifty three rooms, three

operating rooms, laboratories, drugstore, radiology,and ER needs.

Telephone: coverage is provided by a cellular-phone tower within walking distance to Los Cielos. Water:Los Cielos has drilled a well to provide ample potable water for its hillside parcel. Important local attractions: Neighboring Manuel Antonio/ Quepos is a busy, major international tourist destination

with its:(i) Renowned Manuel Antonio National Park of diverse

flora and fauna and pristine beaches;(ii) Hotels catering to the more affluent;(iii) Increasingly sophisticated and cosmopolitan

shopping, restaurants, and nightlife. According toAM Costa Rica, the internet newspaper, Costa RicaManuel Antonio is the biggest tourist draw in CostaRica with over 300,000 visitors a year. Dominical,like Manuel Antonio town, is made up of smallboutique hotels and restaurants and is just fiveminutes drive from Los Cielos.

Investment Proposal


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Los Cieloss Competitive Advantage:Many beach areasin Costa Rica, such as Jaco and Tamarindo whosebeachfront developments became over developed during

the 20042007 real estate boom so that their original

natural beauty was either ruined or totally eliminated.In contrast, Los Cielos provides the developer anunspoiled, pristine beachfront and hillside forest preserveon which to work magic and create the perfectenvironment for the discerning and wealthy visitorto Costa Rica.

At the Planning or Nearing Completion Stage

A major, new international airport is planned forconstruction in Palmar Norte just 40 minutes south ofLos Cielos, which will have a profound effect on thearea. For example: when the Liberia International Airportopened up in Guanacaste, North Costa Rica, the regionsdevelopment exploded. The growth in air passengertraffic through the Liberia Airport has been a key factor forattracting a high level of investment to the area. Thesouthern region is expecting the same result and manybusinesses are already poised to take advantage.

(Please refer to the final section of this report for more in-depth information.)

The huge, new Pez Vela Marina, in nearby Quepos - world- renowned for its sport fishing of mainly marlin, tuna,

dorado, and sailfish - will feature 308 slips for boats ofup to 200 feet in length and has almost been completed.It is bound to draw an even wealthier class to thearea and trigger many related tourism-offshoots.

Investment Proposal


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The Offering

Los Cielos | A General Overview: A Conceptual Development Plan and Current Property Status - The Current Master Plan includes


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The OfferingLos Cielos A General Overview:

Los Cielos:An appealing, timely, and spectacular investmentvehicle of approximately 1,000 acres of prime propertycomprising two sections (created by the newly restructured and

upgraded, Pacific Coast Highway that divides the property intoits two diverse component parts):

1. Almost 800 acres of rolling hillsides that ascend gentlyand accessibly from the highway of which 473 acres with

stunning ocean views are prepared and ready fordevelopment and 291 acres of exquisite, protected,higher-elevation, natural virgin forest home to a myriadvariety of rare and endangered flora and fauna thatsurrounds and surmounts these hills; and

2. 205 acres of title, and to be obtained, oceanfront

concession of one mile of pristine beach. All envelopedby the refreshing, cooling, and invigorating airs emanating

from both the Central Highland downdrafts and theonshore breezes arriving unhindered from far-distantOceania.

It cannot be overstated that this is a mystical and extraordinaryparcel of distinctive land tucked into the Central Pacific of CostaRica. There are many beautiful properties worldwide awaitingdevelopment, but discovering one on the market that has suchan overwhelming emotional tone would be almost impossible.Thus, Los Cielos encompasses the unique atmosphere soughtby groups and individuals seeking solace and calm away fromtheir otherwise frenetic and stressful lives.


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So, for both investors and developers this is the ultimateinvestment opportunity, for there exists a wide and diverse targetmarket for the finished product.

The Conceptual Development Plan and Current PropertyStatus.

Los Cieloss current owners have completed dirt roads to allowfor automobile access to both the top of the hillside parceland the beachfront parcel. They have spent the past few yearsdeveloping the master plan and engineering for the hillside area(see schematic).

A buyer has the flexibility to remake the Master Plan, if desired.

The current Master Plan includes:

An eco lodge boutique hotel with 60 bungalow suites A spiritual/cultural center A spa and longevity center Eco lodge branded villas 16 units A residents club and recreation center Ocean view villa/townhomes - 40 units

Ocean view condominiums 80 units (4-storey buildingswith 4 units per floor) Resort community entrance Conservation easement Springs 100m set-back 178 single family resident lots 1,800m to 10,000m Equestrian Center and stables

The Offering


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The Offering


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Note: Equestrian Center with international dressage andshow-jumping competition-standard horses and facilities arein demand in Costa Rica; as are recreational horses for longand short-distance tours and endurance competitions. An

up-market tourist development in Guanacaste already hasan international-standard polo field; whilst, a big residentialdevelopment west of the capital, San Jos, has both a polo cluband grounds comprising several playing fields and, in season,hosts international competitions. Luxurious private homessurrounding the fields have their own stable complexes.

The property has been well-maintained and is currently in top-class condition.

The Offering


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Location and the

Regions Characteristics

Location The Regions Characteristics


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Location and the


Location:

In Costa Ricas Central Pacific Region: On its Pacific Coast Highway (Costenera) that provides

easy access to a new airport, hospital, and marina;Adjacent to the town of Matapalo; and

Between Manuel Antonio (9 22 60 N, 84 9 0 W) andDominical (9 15 0 North, 83 52 0 West).

The Regions Characteristics

The Central Pacific Region has scenery unlike any other andis one of the most easily accessible regions in Costa Rica;especially, with the opening of the new toll road from San Joseto the Pacific Coast in the past few months. It is a narrow strip of

stunning, mountainous coastal land that stretches from north ofJaco to Dominical, south of Manual Antonio. Sandy, magnificentbeaches flanked by spectacular verdant cliffs and striking forestsfull of mango, palm and coconut trees and protected wildlife areprimary draws to this area. It is an awe-inspiring landscape withits combination of ocean panorama and lush tropical vegetation.Moreover, it features national parks, nature reserves and exoticflora and fauna. World-renowned Manuel Antonio National Parkis just one of the regions many points of natural interest whileDominical is known for its natural beauty and rain forests.

Additionally, ocean stretches along the Central Pacific providethe ultimate setting for water activities such as surfing, sportfishing, scuba diving and, not least, spectacular sunsets.

The Central Pacific generally maintains a more arid climate thanthe Caribbean Coast or the South Pacific. However, it is morehumid than Costa Ricas Nicoya Peninsula to the northwest.


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The small town of Matapalo about 20 miles (32 km) southof Quepos, has earned the Blue Ecological Flag (Bandera

Azul Ecolgica) for its dedicated effort in conservation andcommitment to preserving the quality of environment.

There are two smaller villages surrounding Matapalo as wellSavegre to the north and Hatillo to the south. Beyond Hatillosits the National Wildlife Refuge of Hacienda Bar and Uvita.Quepos and the world famous Manuel Antonio National Parkreside to the north.

Since the recent completion of the restructuring and widening

of the formerly impassable coastal road (which meant that theQuepos/Dominical corridor had long been inaccessible fordevelopment), the Matapalo region is now only a short two-hourcar ride from San Jose and primed for development.

Location and the



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Detailed PropertyCharacteristics

Total Additional very important features Conclusion


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Total:approximately 1,000 acres that are divided by the newly-constructed and enlarged coastal highway into two parcels ofapproximately:

205 acres of coastal land on the highways west side (title

and to be obtained oceanfront concession), and The whole hillside parcel has been extensively engineered with several elevation tiers designed to allow for the

hillsides maximum development;

These two parcels together comprise four principal defining

features:

1. Beach: Los Cieloss one mile of undeveloped PacificOcean beach - Playa Linda, fronting its 200-acre

coastland - is its crown jewel.

Mature palm trees have been planted along its lengthcreating a tropical feel.

From this beach, one can either walk on foot or ride onhorseback for 5-10 miles in either direction.

2. The coastal land: is currently used for farming, thus providing a blank canvas for development planning.

Concessions for the immediate Maritime Zone beach

land must be obtained.

3. Hillside portion: the gentle inclination of Los Cieloss 764- acre hillside from sea level to 1500 feet in height is unique

in the Quepos/Dominical corridor for it not only includes291 acres in a permanent conservation easement toprotect the rainforest, birds, butterflies, and other wildlife,


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as illustrated in the Master Plan, but also it:

is easily accessible; has had a major portion of Melina plantation cleared, and the whole hillside parcel has been extensively

engineered with several elevation tiers designed to allowfor the hillsides maximum development; enjoys superb, breathtaking, and unencumbered Pacific Ocean views (south to Dominical and north to Manuel

Antonio) and 180 to 360 degree views of both thesurrounding rainforest and distant Mount Chapparro.

Unlike the other typical land in the region, which may be:

too steep,

too forested for development which hinders siteviews -; too hard to access; too far from the ocean, or no ocean frontage at all; has had no land clearing or, has little or no potable water.

For example: It is common in the Quepos area to have watertrucked in to augment the existing supply.


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4. Easement: the 291-acre rainforest, conservation easement surrounds the hill and higher land and provides

a protected, natural, bio-diverse, conservation corridor forcountless species of birds, butterflies, and wildlife.

Additional very important features:

Water: there is an abundance of water on the property:wells, creeks, and a waterfall.

Electricity supply: electricity along the Pacific CoastHighway.

Irrigated Nursery: an irrigated nursery with 1200 palmtrees i.e. Royal Palms, Fox Tail Palms, among others, was

constructed at Los Cielos.

Reforestation: A total of 5000 trees i.e. Saino, Ron Ron, Amarilln, Guanacaste and other species, were planted on the creek banks and the areas along the creeks located

within Los Cielos to protect the water sources.

Telephone cell tower:provide cellular services andinternet access to the area.

Public road:the coastal highway, which separates LosCielos into coastland and hillside land, joins up with theInter-American highway at Dominical in the south andPuntarenas in the north.The driving times from Los Cielos to:

- San Jos, the capital - 2 hours; - Dominical - 5 minutes; and

- Quepos - 20mins


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Climate:Mount Chapparro, over 12,000 ft in height,provides a nighttime cooling affect for this area; andthe cooling Pacific Ocean onshore breezes help tomaintain this effect during the day. Throughout the

summer months from November to March, Los Cielosenjoys temperatures 15 to 20 degrees Fahrenheit cooleroverall than Quepos.

Soil Tests:Numerous soil test borings were conductedthat demonstrated suitable conditions for construction ofdwellings.

Conclusion

In summary Los Cielos offers the right individual, corporation or

group a unique and special offering, in an unspoiled setting, fordeveloping into a highly profitable investment venture.


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Information on Costa Rica ofGeneral & Business Interest

Fact Sheet Business Climate Facts that prove Costa Ricas competitiveness Accompanying investment and tourismrelated foreign direct

investment Libreria Internacional Airports dramatic effect on Costa Ricas

Northern Pacific Coast region of Guanacaste


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Fact sheet

Total area: 51,100km2 (19,652 sq mi)Percentage water:0.7%Population:4,872 million(July 2013 est.).Density: 85/km2 (220/sq mi)

GDP:Total: $49.62billion. Per capita: $10,184 (July 2013 est.)Currency:Costa Rican Colon (CRC)Country Calling Code:506Time Zone:CTZ (GMT-6)Capital (and largest city): San Jos: 955N 844W9.917N84.067WOfficial language: Spanish. English widely spokenDemonym:Costa Rican; TicoGovernment:Constitutional democracy (Presidential republic)President: Luis Guillermo SolsEducation:Costa Rica has over 50 universities, colleges, andtrade schools: many are bilingual.International Airports: Two international airports: one closestto the capital, San Jose, and one in Liberia, Guanacaste thenorthernmost city on the Pacific Northwestern Coast.National Airports: Small commuter airports dot the country andare served by Sansa and Nature Air whose flights are frequentand inexpensive.

Costa Rica, officially the Republic of Costa Rica is a country inCentral America, bordered by the Pacific Ocean to the west andsouth and the Caribbean Sea to the east.


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Costa Rica, which means Rich Coast, constitutionally abolishedits army permanently in 1949. It is the only Latin American countryincluded in list of the worlds 22 older democracies.Costa Rica has consistently been among the top Latin Americancountries in terms of Human Development Index, and in 2007was ranked 54th in the world. The country is ranked 3rd in the

world, and 1st among the Environmental Performance Index.In 2007 the Costa Rican government announced plans for CostaRica to become the first carbon-neutral country by 2021. NewEconomics Foundation, Costa Rica ranks first in country in theworld.

Almost two million foreign tourists, about half are American, visit

Costa Rica annually.

Business Climate: Costa Rica has positioned itself as a keydestination for operations of multinational companies in a

variety of industries, such as Advanced Manufacturing, MedicalDevices and Services. Over 200 global companies have chosenCosta Rica as an establishment location. Plus, it offers favorabletax policies and Free Trade Zones.Several quasi-public private agencies support this business

development. For example:

CINDE Costa Rican Investment Board) with offices inNew York and Escaz promotes foreign investment inmedical devices, electronics, and service sectors, as well

as offering technical assistance in other areas.

PROCOMER (The Foreign Trade Corporation of Costa Rica) provides updated information related to Costa

Ricas export supply, export statistics, and opportunitiesto conduct on-line business procedures and invitesinterested persons to learn more about how to exportfrom Costa Rica, a country full of top-quality productsand services.


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It also makes every effort to facilitate the development ofCosta Ricas production sectors and support their exportcapacity to promote an effective insertion of Costa Ricasproduction into world markets.

Facts that prove Costa Ricas competitiveness

Costa Rica is the 4th high-tech exporter in the world(World Development Indicators 2008, World Bank)

One of the most competitive destinations in Latin Americafor service operations (A.T. Kearney, Destination Latin

America: A Near-Shore Alternative 2009) FDI per capita = US$ 448. Costa Rica is one of the most competitive locations, above Latin Americas largest

economies like Brazil, Mexico and Chile

Costa Ricas per capita GDP per capita is almost 7 timeshigher than Chinas The total FDI inflows have grown an average 22% every

year since 2000

Accompanying investment and tourism-related foreigndirect investment

Tourism has become Costa Ricas second most importantsource of earnings (after the export of INTEL microelectronic

components) and a major incentive for attracting foreign directinvestment (FDI). The Costa Rican Central Bank estimates that in2004 US$176.6 million tourism related FDI entered the country,with a growth rate of 27% in 2005, reaching US$224.5 million.Estimates for 2006 are even larger, with a 56% increase totalingUS$325 million. In short, tourism has represented approximatelya quarter of the total FDI for the last 3 years and Guanacasteis currently the second most important destination for tourismrelated FDI, after Puntarenas.


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Nevertheless, the Costa Rican Central Bank notes the increasingimportance of non-traditional investments in what is typicallyreferred to as residential tourism. For example, total real estateFDI increased from US$ 41 million in 2004 to $325million in 2007,primarily due to the arrival of highly renowned international hotelchains such as Four Seasons, Intercontinental, and Marriot thatare solidly established throughout the country. Marriot recentlyopened their high-end JW Marriott in Guanacaste. All inclusivehotel chains like Barcel and RIU and others serve the everexpanding tourist market.

The study notes that primarily vacationing homes and landpurchases have fueled this dynamic. El Coco, Ocotal, Conchal,Flamingo, Tamarindo, Smara, Nacascolo and el Golfo de

Papagayo are noted as key locations for these investments, manyof which are relatively close to Liberias International Airport.

As stated by a recent report by Costa Ricas Central Bank:Traditionally, the main recipients of FDI have been industry andtourism. However, in recent years, there has been a growingtendency towards non-traditional purchases of housing, land,condominiums, villas, and commercial premises by foreignersIndeed, housing developments provided with swimming poolsand golf courses sum up the preferences of non-resident aliens

Countrywide real estate FDI has shown a gradual increase duringthe past four years accounting for 2.4% of Costa Ricas GDP in2007. Guanacaste has consistently been the main recipient withthe exception of 2007, primarily due to important investments inGolfito and Quepos, including Hacienda El Dorado Megaproject.No figures exist to disaggregate total investment in residentialand hotel projects, but both the number of condominiums andhotels in Guanacaste has soared to record levels.


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Residential tourism development has fewer linkages than hotelaccommodations, and is associated with speculation and shortlife cycles. In addition, the development of residential tourismtends to be seen as a threat to the preservation of the authenticitytourists came looking for, potentially damaging the long run noartificial ingredients successful marketing campaign. The town

of Santa Cruz, for example, is the area with the highest level ofconstruction in the country for both 2006 and 2007, followed byCarrillo and Liberia, all part of the Guanacaste province. Moreand more, sales for condominiums and timeshares are marketedthrough a generic sun and beach marketing model, similar tothe ones used in the Mediterranean and Dominican Republic,without sufficiently accentuating a high quality nature basedtourism model that has differentiated Costa Rica, eroding itsbranding strategy.

Liberia International Airports dramatic effect on Costa Ricasnorthern Pacific coast region of Guanacaste:Increasing tourist arrivals through the Liberia airport have had amultiplicity of effects. Some such as the expanded need for firesafety and health services - are derived directly from increasedair traffic, while others are related to the indirect impacts ofexpanded tourism operations and real estate developments inthe surrounding areas.

In essence, there appears to be a mutually reinforcing relationshipbetween the airports expansion and the development ofGuanacaste and Liberia in particular as an international vacationdestination. For instance, the Liberia airport has provided easierand more efficient access to Guanacaste beach resorts, andthis in turn helps increase the profitability of these resorts. Inaddition, luxury developments are ideally constructed within 1hour or 2.5 hours from an international airport.


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Contact

Pedro Esteban Sanchez

[email protected]

+506-8915-3342 (mobile)

+506-2203-5171 (0ffice)

+506-2203-5171 (fax)

Carlos R. Robleswww.naicostarica.com

[email protected]

+506-8375-9138 (mobile)+506-2203-5171 (0ffice)

+506-2203-5171 (fax)

Frank Andrs Quirswww.naicostarica.com

[email protected]

+506-6041-7025 (mobile)

+506-2203-5171 (0ffice)

+506-2203-5171 (fax)


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Costa Rica Map


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los cielos property brochure

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