Costa Developers – Esterillos Estate

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  • #177366
    rahulthack
    Member

    I am interested in buying lots here and while I am awaiting my attorneys checking this deal out they are using this pressure technique by calling and sending an e-mail that price of land will go up on the same lots in negotiations after 15th July!!!!!!! If they are so hot why call me almost on daily basis to buy? I told them I am not that desperate that after hiring an attorney I would not wait for his advise.

    #177367
    Andrew
    Keymaster

    They call you on a daily basis because they want to make a commission obviously… They have to have a “sense of urgency” to encourage you to make a decision.

    Wait for the information from your attorney and do NOT be rushed into making a decision by any sales person.

    I did have a posting in this forum about this group but accidentally deleted it – do you have that?

    Scott Oliver – Founder
    WeLoveCostaRica.com

    PS. The confusion that I have seen is that many people confuse ‘Costa Developers’ with ‘Costa Land Developers’ and if I understand correctly, they are both completely different and unrelated companies.

    If someone from either company is reading this, please do confirm that this is the case.

    #177368
    gatorman
    Member

    Hi there, I’m also looking to buy a lot in Costa Esterillos, but I’m not sure if this is a legitamate company or not, they have spent time with me on the phone, and are now also calling me on a daily basis to get me send in the deposit money. However, I have not seen real property or seen anyone in person. They just ask me to send them $30,000 as a deposit to an escrow account and then go look at the property in Costa Rica. If I like it, thats my down payment if I don’t then they say they will fully refund me. What do you guys think? Is this a reputable company to trust? Has anyone seen this development community going up now Costa Esterillos near Jaco?

    #177369
    Gr1ng0T1c0
    Member

    C’mon Gatorman. If you fall for that you’d have to change your name to GullibleMan. $30K, sight unseen, over the phone, in a country where international criminals find safe haven?

    Send me $60,000 and I’ll tell you more…

    #177370
    *Lotus
    Member

    I have to second that…at the very least you have to go down and look at the site first.

    #177371
    maravilla
    Member

    And I’ll third that — Gatorman, you stated you’re not even sure if this is a legitimate company and yet you want to funnel them thirty big ones? On the other hand, property is running out in Costa Rica, so if you want to get in on the big land grab, you’d better send off your shekels right away while there’s still some land to be had.

    #177372
    DavidCMurray
    Participant

    GringoTico is way, way overpriced. I’ll make you the same deal for $15,000. Contact me by e-mail and I’ll give you my Cayman Islands bank account and routing numbers . . .

    #177373
    Gr1ng0T1c0
    Member

    OK David, you can be the low cost leader, I prefer my high-end niche anyway.

    #177374
    nera
    Member

    Just returned from CR last week and toured Costa Esterillos site with one of their sales staff. The project was recently just started and therefore very little infersteructure has been built to date. Your correct in saying that Costa Developers Marketing does run a “boiler room” type sales office in the states however, their San Jose staff consisting of civil engineers, attornys and sales personal appear to be upfront individuals determined to complete both of these projects as planned.

    I have also done some investigation, and aside from a CEO that has had legal problems in the past, everything thing about this project checks out. If completed as planned, Costa Esterillos will be a premeire community that could appreciate in value 2 fold once completed. The big question is, will they complete this development? I’m betting yes and thus purchased a couple of lots myself. Like with most pre development projects there always is a chance that something could go wrong but in this case I believe the odds are in my favor. A word of advise, before signing any sales agreement, have your own attorny read the fine print because a few changes will be in order.

    NERA

    #177375
    nera
    Member

    Costa Developers and Costa Land Developers share the same CEO. I am not aware of any project, or pending project that Costa Land Developers is involved in. Maybe someone else can shed some light on this marriage.

    NERA

    #177376
    nera
    Member

    Costa Developers and Costa Land Developers share the same CEO. I am not aware of any project, or pending project that Costa Land Developers is involved in. Maybe someone else can shed some light on this marriage.

    NERA

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