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Costa Rica´s Peninsula Papagayo Project, Including the Four Seasons Resort, Acquired by Gencom Affiliate

Peninsula Papagayo in Costa Rica is one of the best tourist destination in Latin America, no doubt about it. As announced last month by Business Wire (, Gencom Affiliate has acquired the 1,400-acre luxury master development in Guanacaste, Costa Rica. The amount of the transaction was no disclosed.

Besides the award winning Four Seasons Papagayo, the Peninsula Papagayo project includes an 18-hole Arnold Palmer golf course and club house, the 180-slip Marina Papagayo, and the Prieta Beach Club, all of them known for the luxury services they offered. Also, providing jobs to over 700 employees. Business Wire also indicates that the Four Seasons Papagayo has been ranked as the only Forbes Travel Guide Five-Star Resort in Latin America.

One of the goals through this acquisition is to renovate the project. Gencom is partnering with a local developer, Sinergo Development Group, for the initial renovation, including the Four Seasons Resort, and also the development of future phases. Alongside these two corporations, Costa Rican firm Zurcher Arquitectos and US firm Meyer Davis will also be working on the project for renovation and interior design.

The original ownership of the Papagayo Peninsula project, had started a local nonprofit organization, Creciendo Juntos (Growing Together). This nonprofit was showing support to the surrounding communities by helping out local high and elementary schools with educational initiatives and preventive healthcare campaigns. Gencom is planning to invest and continue working on these projects and supporting the nonprofit organization, which is great news to those who were benefiting from the program.

Also, it is expected that the renovation of the project and the construction and development of new phases, will create jobs in Guanacaste, will increase the amount of tourist visiting the area, and will develop luxury residential real estate projects within the Peninsula.

Want to Own Property in Costa Rica, But Won´t Use it All Year Round?

fractional1May be you have been down in paradise! May be you fell in love with Costa Rica the minute you step down from the plane! May be your dream is to own property in Costa Rica! But your main concern is, you won´t use it for many months during the year. May be you just want to be a few weeks in Costa Rica every year and then want to be back to wherever you call home. Then we have a solution for you!

Fractional Ownership! Yes, now you can own property in Costa Rica for only a few weeks a year and not worry about it for the time you are not in a country. The best part is, we are not talking about shared time at a hotel or a resort, we are talking about owning a fraction of your own exclusive condo.

But, how is that even possible? Four Seasons Resort Residence Club offers this fractional2amazing opportunity to own your
own 3 weeks at a luxury condo and enjoy all the resort amenities at a reduced price. If you were going to buy this condo for full ownership, it will cost $1,850,000. Yes, almost two million dollars! However, you can buy the right to use the condo and the resort amenities, 3 weeks per year, for only $220,000. No, wait, that was the old price. It has now been reduced to fractional3$170,000. Amazing!

What will you be buying into? It is a 3 bedroom, 3 bathroom condo with 2 Master Suites, all in one level with designer furnishings. It also has an enclosed terrace with a wet bar and an open spacious floor plan. Also, the condo is within walking distance to all the Four Season resort amenities and located in the prestigious Costa Rican Papagayo Gulf.

Which resort amenities are available? We are glad you asked! By buying your fractional ownership at the Four Seasons Resort Residence Club Costa Rica, you will have access to Golf (one of the best courses in the country), Tennis, Spa and Fitness Center, multiple pools for both adults and kids, calm bay for swimming, young adult recreation room, 4 restaurants, concierge services and acquatic activities like: kayaking, paddle boarding, fishing, sailing, snorkeling, jet skiing, among others.

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Those it sounds good so far? Why not finding out more information? Contact our amazing friends at Coldwell Banker Coast to Coast Properties and ask about the Four Seasons Resort Residence Club Fractional Ownership. Don´t forget to tell Linda Gray from Coldwell Banker that you find this own at Today In Costa Rica!

Hurry, paradise is waiting for you!fractional6

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