Released on: September 30, 2008, 9:14 am

Press Release Author: CRDC

Industry: Real Estate

Press Release Summary: The Costa Rica real estate market has been in the spotlight
for approximately ten years now, but the industry as a whole has matured quickly and
offers services comparable to real estate markets that have been active for years.
The present interest in Costa Rica as a desirable investment, retirement, and
vacation location has prompted those in the Costa Rica real estate profession to
rapidly develop their skills and marketing techniques.

Press Release Body: The Costa Rica real estate market is booming, especially in the
Central Pacific area. Many foreign retirees are selecting Costa Rica as their
retirement location, and a growing number of investors are searching for Costa Rica
real estate deals. Costa Rica is becoming a favorite vacation destination for more
and more tourists, with over two million travelers choosing to visit this tropical
country in 2007. The large number of tourists has resulted in some real estate
properties being even more attractive to investors and those interested in buying
property with the intention of generating rental income.

When examined side-by-side with the more established real estate markets, such as
those in the United States, the Costa Rica real estate industry measures up quite
nicely. Real estate agencies in Costa Rica offer the same services as agencies in
long-standing real estate markets. Open houses are one of the popular services
presented to interested clients. These are used to introduce a large number of
potential buyers to specific properties. These properties can be conveniently viewed
without an appointment, and the on-site agents are well-prepared to answer any
questions. Time share sales, a potentially lucrative option for both investors and
those wishing to purchase vacation property, are a second popular service offered by
Costa Rica real estate agencies. Costa Rica is gaining popularity as a vacation
destination, and sales of time shares have increased as a result.

The Costa Rica real estate market offers land to lease or buy, and property is also
available for rent or sale. Although most of the property in Costa Rica is sold or
rented by real estate agencies, owners have the option of selling or renting
property on their own. Sales and rental terms can be found to suit anyone seeking to
enter into the Costa Rica real estate market. Agencies and agents have done a
remarkable job of evaluating the needs of consumers interested in land and property
in Costa Rica and have accommodated these clients with improved and additional
services.

The Costa Rica real estate market is booming, especially in the Central Pacific
area. Many foreign retirees are selecting Costa Rica as their retirement location,
and a growing number of investors are searching for Costa Rica real estate deals.
Costa Rica is becoming a favorite vacation destination for more and more tourists,
with over two million travelers choosing to visit this tropical country in 2007. The
large number of tourists has resulted in some real estate properties being even more
attractive to investors and those interested in buying property with the intention
of generating rental income.

About CRDC: The Costa Rican Development Corporation (CRDC), a leader in today’s
Costa Rica real estate market, specializes in the design and development of luxury
residential communities. With an emphasis on total customer satisfaction, CRDC
guarantees quality and excellence in their stylish estate homes. CRDC’s current
developments are Cerro Fresco, Hermosa Highlands, Villas Altas, and Highland
Estates. For more information about Cerro Fresco, please visit
www.cerrofresco.com/.

Web Site: http://www.cerrofresco.com

Contact Details: CERRO FRESCO SALES CENTER
Hermosa Highlands S.A.
Atrium Corporate Plaza
Escazu,Costa Rica
Phone: US (800) 729-5212
CR (506) 2201-5250
Email: info@cerrofresco.com