September 20, 2008 (San Jose´, Costa Rica) - With the intention of further escalating the growing popularity of his country as a favored tourist and retirement spot as well as a lucrative investment opportunity, Costa Rican President Oscar Arias has recently met with King Juan Carlos of Spain to discuss possible tactics to promote Costa Rica to Spanish citizens. The Costa Rican Development Corporation has reported a surge of inquiries from high-end investors regarding its most recently constructed luxury community, Cerro Fresco (www.cerrofresco.com) following the talks.

President Arias is vying for heightened publicity for Costa Rica as a favorable tourist destination as well as a profitable choice for investors worldwide. In 2007, Costa Rica’s tourism trade flourished, with nearly two million visitors traveling to this tropical country. However, only about seventeen percent of these two million tourists traveled from Europe, and less than two thousand tourists were from China, another country targeted by Arias for increased promotion of Costa Rica.

With the tourist trade comprising the great majority of Costa Rica’s economy, heightened awareness of Costa Rica as an exciting, affordable vacation location will likely have tremendous positive effects on the country’s overall economic growth. President Arias is aware that there is a substantial amount of tourism that can be generated from countries that currently have a low percentage of tourists traveling to Costa Rica. High-end foreign investors see Costa Rica as a booming region with numerous opportunities for profitable investments, especially in the Costa Rica real estate market, and are hoping to become a part of this extremely promising investment venture.

The Costa Rican Development Corporation has experience a surge of activity surrounding its Cerro Fresco community during the past month, presumably from the publicized discussions of President Arias and King Juan Carlos. Total counts of Web site visits, leads, and phone inquiries have skyrocketed, with both investors and buyers showing an increased interest in the development. Cerro Fresco, offering elegant, open-air Balinese bungalow villas, has been rising in popularity with retirees, investors and tourists as a result of Costa Rica’s recent overall growth as a favored location and the focused marketing campaigns for this luxury development.

About CRDC: The Costa Rican Development Corporation (CRDC), a leader in today’s
Costa Rica Real Estate market, specializes in the design and development of luxury residential communities. With an emphasis on total customer satisfaction, CRDC guarantees quality and excellence in their stylish estate homes. CRDC’s current developments are Cerro Fresco, Hermosa Highlands, Villas Altas, and Highland Estates. For more information about Cerro Fresco, please visit www.cerrofresco.com

Costa Rican Development Corporation
Cerro Fresco Sales Center Atrium Corporate Plaza Escazu, Costa Rica
www.cerrofresco.com
Phone: US (800) 729-5212
CR (506) 2201-5250
info@cerrofresco.com
Contact: Bob Garcia
Office: (506) 2201-5250
(800) 729-5212

Press Contact Information

Costa Rican Development Corporation
andres@semltda.com
(800) 729-5212
Costa Rican Development Corporation Cerro Fresco Sales Center Atrium Corporate Plaza Escazu, Costa Rica www.cerrofresco.com Phone: US (800) 729-5212 CR (506) 2201-5250 info@cerrofresco.com Contact: Bob Garcia Office: (506) 2201-5250

Source URL: http://www.cerrofresco.com

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