(QCOSTARICA) Punta Leona, a well established 300 hectate (750 acre) beach community in the Tarcoles tourist district of the Central Pacific, between Puntarenas and Playa Jaco, will be getting new projects that includes commercial and residential buildings and aparetment towers.
Grupo Leumi and Nisa del Pacifico are the two developers behind the projects.
Leumi says it will build five apartment towers, both for holiday rentals and condo sales. Ariel Saffati, sales manager of Leumi Group, told Elfinancierocr.com that the company has acquired 11 hectacres for its Punta Leona Mantas project that aims not only to enlarge the tourist offer, but give residence options.
Nisa’s project is a mixed-use for tourist, commercial and residential.
“To date no building permits have been issued, but, they are in the process of requesting preliminary studies in different institutions to then be passed on for processing to bring it to the permit stage,” said Robert Guevara, director of Urban Development of the Municipality of Garabito.
Both investments are expected to take advantage of the increase in tourist development in the area of Tarcoles.
The Leumi spokesperson said the company chose the location because it is an area that has become an important and concerning tourist destination, so the project aims to attract tourism, but, also offer residence options, for example to foreigners looking for a retirement option.
“It will provide cutting-edge design and we’re doing it in harmony with nature,” said Saffati.
More than 40 years
Punta Leona, a nature reserve widely unknown to the masses, has more than 40 years history.
At the centre of the development is the Hotel & Club Punta Leona, that is spread over 43 hectares (in various locations of the development), taking in beaches such as Playa Blanca, Mantas and Limoncito, and once catering exclusively to Costa Rica’s elite.
The new developments are not associated with the Hotel & Club Punta Leona, which in the last five years has itself undergone a remodeling of its rooms, and the addition of new gym and café-bar, resulting in a 18.5% annual average growth in partnerships over the last five years.
According to Cesar Vargas, Director of Communications and Project Manager of Hotel & Club Punta Leona, currently the club has 2,864 members. Vargas explained that at this time they have no plans to grow or buy more land.