Real Estate and Broad Band

In less than a decade, broad band has gone from being a luxury to being a necessity, and has started to influence real estate decisions more and more.

Thursday, November 6, 2008

This article is about the American market, it is wise to note that what happens there today, could occur tomorrow in Central America. That tomorrow is even closer if we consider that a big part of the real estate offer in the region is geared towards the US market.

More on this topic

Costa Rica Announces National Broadband Plan

June 2011

President Chinchilla introduced the "Digital Social Agreement", which promises broadband "solidarity", connectivity and digital technologies for education and the strengthening of the Digital Government.

The plan will be financed with funds from FONATEL, which has recently been enlarged by payments made for frequency rights by new cell phone companies entering the market.

Ecology as a Factor in Property Values

October 2012

Within real estate valuations, the presence of natural resources and their ecological value are increasingly more appreciated.

In his column ‘Legal Ambiente‘ in M2.cr, Carlos D. Angulo discusses the importance of a new approach to the valuation of the properties.

"A few decades ago, the value of non-urban land was determined based on its agricultural potential, such as the land being traded in coffee producing areas.

Broadband in the Region: Slow and Expensive

March 2013

Communications currently being the engine of development, Latin America is moving at low speeds in a vehicle that is too costly.

An article in Elfinancierocr.com quotes the President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, who highlights what all Latin Americans are suffering from: a brutal disadvantage in the availability of broadband connectivity, compared with developed countries.

Costa Rica to give broadband a cash boost

May 2008

Plans to extend and improve broadband Internet coverage are set to be boosted by the state-owned Banco Nacional.

Government authorities say they intend to set up a US$500,000 trust fund to improve the nation's telecommunications, above all broadband coverage.
The trust would be managed by Banco Nacional and funded by bonds issued on the nation's stock market – a model that has been used frequently in the past to raise money for projects in the public interest.

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