Costa Developers & Costa Esterillos

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  • #181189
    BRYAN
    Member

    Hi, I am new to this web site and would like to see if anyone has any info. or thoughts on the following development. My wife and I are interested in an ocean view property in the new development of Costa Esterillos. The company Costa Developers seem to be very reputable from the lawyers to the architects, etc… Does anyone have any thoughts or additional info. on this company it would be much appreciated. Best I can tell I have not seen any negatives. The location seems to be prime in Central Pacific near Jaco.
    Thanks, Bryan and Krissy in FLA

    #181190
    Andrew
    Keymaster

    There are quite a few comments on this site about this developer

    May I suggest that you click on ‘Search messages’ and search for ‘Costa Developers’ and also ‘Costa Esterillos’ and you should find some information

    If anyone has any NEW information about this project, by all emans contribute

    Scott Oliver – Founder
    WeLoveCostaRica.com

    #181191
    Andrew
    Keymaster

    Followng two posts posted in the wrong place and reposted here by Scott

    Posted Jan 21,2007 5:44 AM BRYAN
    Thank you to everyone whom sent me emails. Since there seems to be so many people interested in information I will give you my opinion on how I would handle them. I have been studying them and speaking to them now for about a month. They are definitely using the hard sell marketing by an impressive website along with aggressive follow up calling. They are very particular whom they send there information out to and that made me a little curious. They have sent me references on others whom have bought land from them in either Costa Esterillos or Costa Montana. The references as expected check out but do not offer any hard answers. They have another project called Costa Reserva that is not being shown or marketed unless you visit them in Costa Rica, it is next to Esterillos location with mostly water view property and they are showing lots to be well over an acre per. One thing they push prior to visiting is the initial deposit which they send you a reservation contract and the deposit is to go into an escrow fund with Gibson and Gibson PA base in Ft. Lauderdale, FL. I checked them out and they are legit. The contract is also legit after having my lawyer look over it but I still suggest as everyone else does not to give them any reservation or deposit money until you have visited and make judgement for yourself. I suggest you visit on your own paying your on way and at that time visit other properties as well. Do not fall for the hard sell reservation method and them paying for your visit. As many have said this is a gamble, if they follow thru with the master plan of a gated community and beach club house yes you will have done well with your lot and money but on the other end it seems to me they could stop at a nice entrance and a few roads and you are left holding a lot with nothing to show for it. These are just my views and opinions and I hope the best for everyone involved with these developments. That being said I am still not against the gamble and will make a judgement once I visit in March. I will keep everyone up to date with any additional details I find out or come up with.

    Reply Delete Edit
    message Posted By
    Posted Jan 21,2007 8:21 AM jmorberg
    Bryan,

    Hi, would it be possible to talk?, we are checking Esterillos out as well. We just came back from Costa Rica, visiting family, and it was too late to check them out down there, as i just discovered their website right before leaving. I did ask for references and they gave me someone in my state, whom i did talk to for about 1 hour, and had a great conversation. It’s good to get more than a few opinions though.

    Thanks

    Steve

    Edited on Jan 21, 2007 08:26

    Edited on Jan 21, 2007 08:26

    #181192
    dkt2u
    Member

    I live in Esterillos Oeste and have been up to check out the Costa Esterillos project. If anyone likes I can go up and take some pictures of the project and e-mail them to you. As Scott said though, you really need to see something in person for yourself before making any descissions. My initial reaction was that I was not that impressed. They made a nice paved road going up the hill from the highway, but pretty much as soon as you get over the top of the hill the road is nothing but dirt and gravel and there is nothing more than a few gravel roads and numbered lot signs everywhere. This was a couple of months ago, but at that time there was no machinery or anyone continuing work on the project. I will probably drive up their this week and take pictures and see if there has been any progress in the last couple of months. The company did just purchase a beach front property down here in the village that we heard was going to be their “beach club”.

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