Buena Vista VII lots now available with owner financing.

We have an exciting new offer on lots in Tierras Morenas of Tilaran. These lots are now offered starting at $2 per meter. Prices have just been reduced and lots are now starting at $29,000. Water and electric is available. 30% down with owner financing. All due and payable in 3 years with no interest and no monthly payments.

Click here for more details on the Buena Vista VII lots for sale

Playa Naranjo Site Relaunched

JP Wilson Developments is proud to announce the redevelopment of the PlayaNaranjo.net site in order to prepare for a new, fully titled beachfront offering in Playa Naranjo, Costa Rica.

Take a virtual tour of Buena Vista I at Lake Arenal

Take a look at the new virtual tours showcasing existing luxury homes in JP Wilson Development's exclusive Buena Vista I community.
http://jpwilsondevelopment.com/virtual-tours

How can I finance my property in Costa Rica?

There are two options available for financing home construction.

The first option is for the homebuyer to secure secondary financing (line of credit, second trust note) in their home country. This money, once deposited into escrow, will be held by Title Insurance by LandAmerica Commonwealth Title Of Central America® and will be released in accordance with a pre-defined fund release procedure.

The second option is for the buyer to secure completed home (or take out) financing . This option requires approval in advance by the builder and would require deposits to be made to the escrow account by the buyer during the construction of the home. At the opening of escrow, application is made by the buyer to secure financing against the home once the house is complete. At home completion, the balance owed the developer would be paid and the buyer ends up with a mortgage in Costa Rica for the house.

Costa Rica Surpasses World Average in Tourism Growth

Presently, Costa Rica surpassed three times the world average in tourism growth, according to a June index released by the World Tourism Organization (WTO)

The index' s data says the largest growth in tourism was in regions like the Middle East, Central and South America. Meanwhile, China, Japan, the United States, Costa Rica, Chile and Peru, stood out for showing double digit growth.

The WTO index says that international activity saw growth of 5% in the first four months of the year and one additional percentage point more than forecasted at the beginning of 2008.

According to the WTO, behavior of the summer season that just started in the Northern hemisphere will be key to end-of-the-year results.

The Tourism Minister, Carlos Ricardo Benavides, said that he is pleased that Costa Rica has held pace within the most dynamic growing group of countries with respect to the arrival of tourists.

Source: I.C.T, July 16, 2008