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Villas Casa Loma

  Alternative Uses

The foregoing "Development Potential" suggests expanding the property's use by the construction of two similar sized buildings of two stories which would add a Conference Center and twenty hotel-type rooms.  This concept is illustrative only; any such additional use would be subject to the ideas of the next visionary owner, and there are other ways to do it.  

The current use of the property is longer term rental of the villas to couples, usually foreigners, who are residents of Costa Rica with businesses or jobs or as retirees.  The original quinta is occupied by the owner.  This provides a passive income and allows the owner to control and enjoy his whole property.   With the same configuration, the villas could be rented short term at a higher rental as luxury accommodations for tourists, but the owner would have to become more active.

The private secure setting of the property permits the villas to be owned and the use shared by a group of friends or by any organization of like-minded people.  Group ownership is facilitated by the use of a personal holding corporation which is a legal way of holding property in Costa Rica.

Other possible uses include Corporate or Embassy accommodations for local and visiting employees, Costa Rican headquarters for international charitable or development organizations, etc..

Why Invest in Costa Rica?

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Hearthland Properties
a division of Turbo Productions, Inc.