Construction Of Highway To Jaco Begins

Article Date: 2008 05 02

Jaco, Costa Rica - - 02/25/08 - - Construction of the new highway from San Jose to Jaco has begun recently. When completed, the new highway will reduce travel time from an hour and 45 minutes to about 1 hour. The new highway is expected to increase tourism, and as a result property values, in the region.

The project is funded by the national government of Costa Rica in an effort to ease traffic, reduce travel times, and improve safety along the current route. An added benefit of the construction project is the expected increase in tourism and property values in Jaco and the region in general.

While the government has just announced that it has begun construction of the road, in reality much of the work is already completed. The roadbed has already been prepared and all of the bridges along its path have been completed. Most foreign investors are unaware of this fact.

The new route will ease access to the region considerably, increasing tourism. The lack of sufficient luxury accommodations in the area will drive up the value of the condominiums being built in Jaco. Wise investors can take advantage of this fact, as most foreign investors have yet to discover the impact of this highway construction effort. The effects on access to the area will be profound, as an early morning flight from many U.S. cities will place you on the beach in Jaco before noon.

The completion date of the highway roughly coincides with that of the Sonesta Jaco Resort, which is well under construction at the time of this release.

One can take advantage of the fact that the value of property in Jaco will make a sharp increase in 2009 by purchasing a unit at Sonesta Jaco Resort while its prices are still at pre-construction levels. The sudden increase in property values upon the completion of the highway will make a significant impact on the equity in a unit, making this a perfect time to invest.

The Sonesta Jaco Resort is being built by Riverside Developers, the most award-winning developer in Costa Rica. Riverside has a long history of successful developments including Riverside Condominiums in Escazu and Bayside Tambor on the Nicoya Peninsula.

Media Contact:
Joshua ten Brink
1-866-864-9859, US & Canada
(506) 2208-6000, Costa Rica
Josh[at]SonestaJaco.com