Spectacular ocean front penthouses in Costa Rica
Genesis Puntarenas, Costa Rica's first ocean front all-glass building, will house will be home to 6 penthouses and 1 master penthouse - the world’s biggest penthouse. Another unique feature is that the building is located on one of only three private beaches in all of Costa Rica
Each penthouse will feature marble flooring, gourmet stainless-steel kitchens and floor to ceiling windows. Residents will also have access to a two-story fitness center, infinity pool, Spa services and an on-site restaurant and lounge.
Beach front luxury homes
Located among the best beaches on the Pacific coast and close to Costa Rica's tropical rain forests and national parks, Puntarenas is a place to relax as well as to seek adventure. You will find several of Costa Rica's finest seafood restaurants, bars and coffee shops serving great espresso.
There are regular flights from United States, Europe and South America. In addition, the capital San Jose is connected to Puntarenas by a new six-lane scenic highway that has decreased travel times to less than 30 minutes.
Ultra modern penthouses with uncompromised space
The contemporary all glass design is the first of its kind among Costa Rica oceanfront real estate. The architect’s vision is an eco-friendly environment developed in harmony with Costa Rica's tropical setting.
All residences will have
- Floor-to-ceiling glass windows and walls
- Expansive private terraces with unobstructed views incorporating the magnificent oceanfront and mountainside landscape into each living space
- Retracting walls provide open-air living
- Top-of-the line building materials, treatments and finishes such as motorized UV-protective blinds, marble flooring, gourmet stainless-steel kitchens, Scavolini cabinetry, quartz countertops, and energy-efficient and environmentally conscious building systems;
- 11.5- 23 foot ceilings in condominiums and 13- 26 foot ceilings in penthouses.
- Secure elevators opens into your private residence.
- Smart building technology (energy efficiency, Wi-fi)
| Penthouses | Size (gross area) | Prices FROM: | |
| 4 bedrooms | 5,386 - 6,124 sq ft | US$2,475,500 |
The world's biggest penthouse
The luxury penthouse occupies levels 12, 13 and 14. With all-glass facades, 10 bedrooms and 68,459 square feet of space, private helipad, outdoor swimming pool, tennis court and a formal dining room with seating for 58 it is one of the most spectacular homes ever built.
| The World’s Biggest Penthouse | Size (gross area) | Prices FROM: | |
| 10 bedrooms | 68,459 sq ft | US$51,040,000 |
Furniture packages will be available.
There will be 10% increase in sales price per 10 units sold.
Amenities and Services
Amenities and services will include.
- Beach cabanas
- 10,434 sq ft bi-level glass-partitioned fitness center with direct ocean view
- Infinity pool
- Pool Bar
- Maintained private beach area
- Restaurant / Lounge
- Room Service
- Spa
- Cigar Parlor
- Private/exclusive wine cellar for residence only
- Youth Lounge
- 20,000 sq.ft two-story lobby
- Business/Conference Center
- Meeting Space
- Storage
- Daily housekeeping
- 24/7 Manned Security
- Concierge
Genesis Puntarenas will also offer a rental program.
Investing in Costa Rica real estate
For years, Costa Rica has been regarded as one of Central America's hidden gems. In March 2009, The Economist issued a detailed forecast outlining the economic crisis and its possible effects on political stability. Individual countries were ranked for vulnerability of political instability and Costa Rica is rated as one of the world’s most stable countries; only six countries ranked higher out of 165.
The country also boasts one of the highest standards of living in Latin America. Costa Ricans experience the longest life expectancy rates in the world as well as a 97 percent literacy rate. Wellness is a top priority and healthcare is inexpensive with most doctors being American-educated.
A report from the World Bank in June 2009 detailed how foreign investors have begun to increase activities in Costa Rica. These factors include:
- Significant transportation infrastructure upgrades that make traveling to and from Costa Rica and Puntarenas easy and convenient;
- Billions of dollars in additional international investment in Greater Puntarenas by companies such as Hilton and Hyatt;
- The recent addition to Puntarenas of such amenities as a championship-quality 18-hole Greg Norman-designed golf course, a quaint beachfront boardwalk and a renovated inland Marina;
- Unparalleled biodiversity (pristine beaches, picturesque mountain ranges, lush rain forests, etc.) at a time when "eco-travel" is surging in popularity;
- Surroundings safe from crime and political unrest at a time when other travel destinations are decreasing in popularity because of such concerns.
- A national economy that has largely weathered the 2008-09 recession because of a strong GDP, good fiscal policy and an increase in retail sales.
- Attractive tax advantages. 0 capital gains and 0.25 percent property tax.
- Individuals and private companies both local and foreign can own land and property in Costa Rica. Few restrictions apply.
Own Now!
Genesis Puntarenas is scheduled for completion in late 2010 or early 2011.
100% property ownership free of liens or loans, guaranteed by Chicago Title with a title search guarantee. Chicago Title / Latin American division maintains all finances in Escrow and disperses based on review assuring project integrity, construction and completion.
Payment schedule: US$25,000 - refundable within 5 days - is required to reserve a residence. This is followed by a 25% down payment due after the 5 days. Stage payments are then required throughout the construction period
Owners are permitted to sell their property after the 3rd installment is paid.
Financing will be available through Chicago Title Underwritters.
Enquire about Genesis Puntarenas, Puntarenas
Signature Residences is an authorised sales representative of Genesis Puntarenas
