Zeta completes US$100 million condo project on Costa Rica's Pacific

Costa Rica-based real-estate developer the Zeta Group has completed construction of its US$100 million Jacó Bay Ramada condominium project on Costa Rica's Pacific Coast.

Monday, May 26, 2008

The project consists of 266 condominiums, a hotel and a shopping area. Zeta has already sold 100 of the condominiums and the new owners will be able to begin to move in from next month. Work on Jacó Bay Ramada began in June of last year on a 3.5-hectare site.
Prices of the condominiums begin at US$300,000. Some will be offered for vacation or longer-term rental, said Cesare Zingone, the executive president of Zeta.

More on this topic

$467 million Tourism Development Announced

July 2014

The project consisting of 7 hotels with 855 rooms and condominiums to be built in the Papagayo Peninsula, Costa Rica, will be developed by the Costa Rican company Florida Ice and Farm.

According to a file submitted by the company Florida Ice and Farm (Fifco) to the Technical Environmental Secretariat, the project will require $467 million to be invested in five phases running up to 2022 and includes, in addition to hotels and residences, "... the building of four beach clubs, a community center, an equestrian center, a golf course, lakes and 165.3 acres to be preserved as a private reserve. "

Honduras: $250 Million Investment in Roatán

December 2009

Pristine Bay Resort, a touristic complex spanning 180 hectares, is being built in Roatán.

The project will be developed over the next 10 years, and includes a golf course designed by Pete and Perry Dye, two five star hotels and residential units.

Pablo García Salas, sales manager, told Elperiodico.com.gt: "The first phase, currently under construction, consists of 70 lots, 30 villas and 16 condos.

Interstate Hotels & Resorts to operate Luxury Hotel in Costa Rica

January 2009

The company will administer the $70 million "Jade Condo Hotel Residences & Beach Club" project.

The 190 residence and 50 villa project is being developed by Space Source Inc. which plans to begin construction in the spring of 2009 and to inaugurate it in 2010.

It is located in Manuel Antonio in the pacific coast of Costa Rica.

Jaco Bay in Costa Rica ready for inauguration

December 2008

The official inauguration is scheduled for December 24.

The condominium complex belongs to Grupo Zeta, which developed the project, and to Hotel Ramada Plaza Herradura.

The hotel is scheduled to officially open in November next year.

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