A Little Oasis in Paradise - Guanacaste in Costa Rica is Perfect for Luxury Living in Paradise
By Mary McGahren
Costa Rica has done well promoting itself as a natural wonderland and a playground for adventure and relaxation. While there are many beautiful and amazing parts of this tiny Central American gem, Guanacaste, on the northern coast, is the shining star. It boasts a number of luxury second home communities but a relative new enclave stands out from the rest.
In the heart of Guanacaste you will find three or four really well planned and executed second home developments. One in particular, The Palms, a private residence club in the exclusive Playa Flamingo area, offers what most are looking for in paradise - at a fraction of the price. The new Palms Enclave, managed as a fraction residence club, offers 34 luxuriously appointed Villas and one of Costa Rica's true luxury beachfront resort experiences.
Real estate developer Bob Spence discovered the Palms in 2005 during a trip here with friends. He instantly knew it had unique potential as a second home destination, with its secluded location and ease of access through Liberia International Airport (located just a half hour or so away). Second home buyers looking for an authentic experience in a country still virtually untouched by the mega resort scene will find it here. Owners at The Palms enjoy a secluded sanctuary, thus a more authentic Costa Rican experience, with the added services of a boutique hotel to make their stay seamless and carefree.
Of the 34 villas, 32 boast 2,300 square feet of space with two bedrooms, three baths and gourmet kitchens equipped with Sub-Zero and Viking appliances. The remaining two 3,000 square foot, three-bedroom villas are also nearly finished. With $18 million in infrastructure now complete, the Palms offers whole ownership: costs start at $1.2M, with the private residence club priced at $129,000 for 1/10th shares and $149,000 for 1/8th shares.
Today's savvy wealthy consumers are armed with cautious optimism and most find luxury fractional ownership a smarter way to enjoy paradises around the world. Most residence club buyers could easily afford full ownership, but choose a private residence club (PRC) for the hassle-free experience. As a member, the club allows you to just show up and enjoy - leave the dishes in the sink, the beds unmade and head home. When you come back on your next visit, your villa looks perfect, just like you found it on your previous trip, seemingly like you never left. There's no better way to enjoy time in this incredible paradise known as Costa Rica. For more information, visit www.palmscostarica.com.
