Country Auction Services, the agent in charge of the auction, said "the marketing webpage created for the project, www.HaciendaPinillaAuction.com, has been seen by nearly 10,000 visitors from 102 countries. Via the site and other marketing methods, more than 325 potential investors, developers and brokers have been identified and registered for the sale process. From the largest group of potential investors, we have approved highly qualified groups to participate in next stage of private sales. "

According to an article in Elfinancierocr.com Mike Jones, president of Country Auction Services, a division of United Country, said "These groups are continuing their due diligence and evaluation. We are considering this small select group to determine and choose the best partner for Hacienda Pinilla from this point forward. "

Hacienda Pinilla will be offered in its entirety and in seven plots. The largest space measures just over 1542 hectares and includes the eastern and northern part of the property.

Source: elfinancierocr.com

More on this topic

Vacation Properties: Increasing interest in Central America

July 2020

After an abrupt drop reported in March and April in consumer interactions associated with vacation properties, since the beginning of May in all markets of the region interest in this topic has rebounded.

Through a system that monitors changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, sectors and markets that operate in the region.

Hacienda Pinilla Cancels Auction and Announces Reinvestment

May 2013

The company Agroganadera Pinilla SA has decided to keep control of the company and waive the auction for the sale of the 1,800 hectares of Hacienda Pinilla in Guanacaste, Costa Rica.

In order to do this, the board of the company named Bree McClure Pattillo as successor to his grandfather HG (Pat) Pattillo, founder of the project.

Tourism Project Up for Auction

September 2012

In an event exclusively for qualified investors, the Hacienda Pinilla resort complex in Costa Rica, which measures 1,800 acres and has hotels, a golf course and residential communities, will be auctioned.

The U.S. company United Country Real Estate, in partnership with Colliers International, will perform the live auction on Nov.

Costa Rica vacation homes hit by crisis

August 2008

The U.S. mortgage crisis has hit Costa Rica's once booming vacation home market, with sales plummeting as Americans who dream of buying a tropical getaway struggle to find financing.

U.S. retirees and vacationers often pay for beach homes along Costa Rica's jungle-fringed beaches by taking out mortgages on their homes in the United States, but trouble in the banking sector has made that more difficult, realtors say.