A fantasy? Perhaps. But you can make it your reality at Villas Ives Kena. That’s up to you. 

You can own a lot in a tropical location with moderate temperatures, beautiful mountain views, above average opportunity for appreciation with pricing below the developer’s retail price.

Over 1000 acres in size, the development is an ambitious real estate development project. It is an eco-development project in Costa Rica that will include a gated community with building lots for houses, shops, restaurants, a golf course, a swimming pool and a country club. The development is located in the coastal hills/mountains, 8 km East of the port town of Golfito, which is on the south Pacific coast of Costa Rica. 
The development has mountain views that are breath-taking.

Doesn’t this sound like paradise?

The ideal temperature is another attractive benefit of purchasing a lot in this area. 

The lowlands closer to the ocean will be hotter and more humid. The temperatures, which are in the 70-80 deg range, are perfect year around. You will enjoy endless days of sunshine year round. In May-November there will be a mid-afternoon warm rain that will clear up to sunny skies in the afternoon. You are 20-30 minutes away from public beaches or the private beach club that has been setup for the enjoyment of lot owners. So you have a choice of pool or beach every day. 

The combination of soil and climate make it perfect for growing flowers, it is a gardener’s paradise. The environment is so fertile that you will see “living fences” that landowners have put up. The wooden poles, cut from trees, that are put into the ground to make a fence will take root and grow branches, and leaves. 

Look at the pictures of the fence. When the fence was made those were just wooden poles, but now they are living fence posts with branches and leaves growing from them. 

Within Costa Rica's 51,200 square kilometers there is a wider variety of species of birds than in all of Europe or North America.
The words that best describe Costa Rica are perhaps "pura vida". It means "pure life" and that is what visitors to this Central American country will find. From exotic animal life to exotic scenery, travelers will find themselves inexorably drawn to Costa Rica and its residents. 

The abundance of activities available will have travelers checking and re - checking their lists to make sure they haven't passed anything up. Costa Rica is a beautiful and peaceful country filled with tropical rain forest, amazing beaches, and a peaceful way of life.

With a relatively small population of roughly four million inhabitants, Costa Rica also boasts of one of the oldest and more consolidated democracies in Latin America.

In 1869, primary education for both sexes was declared obligatory and free of cost, defrayed by the State. In 1882, the death sentence was abolished. In 1949, the armed forces were abolished and in 1983 Perpetual Neutrality was proclaimed. Prestigious international human rights organizations have their headquarters in Costa Rica. Because of this, and of its lush 1500 kilometers of tropical sun-bathed beaches and the wild diversity of vegetation and animal life to be found in its wide array of microclimates (most present in one or more of its National Parks), Costa Rica has justifiably earned its reputation as paradise regained.

Costa Rica's official language is Spanish. On the Caribbean Coast, a small minority of Jamaican descendants speak a local version of English, and most Costa Ricans can understand and speak a bit of English. All public schools made it mandatory to learn a second language.

As in the rest of Latin America, Roman Catholicism is Costa Rica's main religion, but there is a very wide margin of tolerance and the constitutional freedom of creed is always respected. Costa Rica's religions by percentage of practicing members are as follows: Roman Catholic 76.3%, Evangelical 13.7%, Jehovah's Witnesses 1.3%, other Protestant 0.7%, other 4.8%, none 3.2%. 

Costa Rica is a civil law country which means that the organization of the legal system is derived from the French Napoleonic Code as opposed to English common law. The Government of Costa Rica has 4 branches: The Judicial, Executive - President and cabinet ministers, Legislative - Elected members and Electoral Tribunal - takes over police and all government functions dealing with elections before each election. Members are usually unpaid volunteers who are judges. This is to ensure all elections are completely democratic and free.

There are many attractions within a short drive of the development. 

The tropical rain forest in the Southern Zone is acclaimed for its astonishing biodiversity. This is one of the largest tropical rain forests along the Pacific coast. There are many beaches that people can choose from, where surfing is awesome, world class fishing is available, and there are top ranked eco-lodges with photo safaris for those photo enthusiasts. 

The port town of Golito provides access to some of the best offshore fishing in the world. Billfish, Sailfish, and Marlin are some of the species that are a short boat ride away. On the South Pacific, it's common to release a dozen or more sailfish and even a marlin or two in a single day, and not unusual to release more than 30 fish a day. The area is also home to tarpon, snook, yellowfin tuna, wahoo and many more species of fish. 

Adventure and romance are intertwined in Costa Rica, the beaches will give you the feeling of Robinson Crusoe when you enter this tropical paradise and explore nature’s beauty. There are plenty of exotic adventures to be shared every day.

Warm weather year, year around waves, and a choice between 2 coasts make Costa Rica one of the world’s best known surfing destinations. This popularity has not yet transferred into over crowding. Playa Pavones in the South Pacific offers one of the worlds largest left breaking waves. 

Costa Rica is the perfect place for the outdoor enthusiast whether you like to enjoy the antics of tropical birds and monkeys in their natural habitat, watching butterflies soaring over the canopy of a tropical rain forest, gazing into the crater of a live volcano, or windsurfing on spectacular waves. Great golf, snorkeling, surfing, and other sports are also part of the picture.

Costa Rica offers a biodiversity like no place in the world. For the adventurer in you, you’ll always have something new to explore and experience. World-class scuba diving, rafting, surfing & sport fishing are just outside your doorstep. If you prefer to not travel and explore alone, guided volcano tours, canopy tours & hot springs tours are also available. 

Corcovado National Park is in your backyard. It has some of the nation’s best wildlife viewing. It is the most raw, challenging and rewarding park in Costa Rica. Your chances of spotting endangered species such as boa constrictors, squirrel monkeys, and five wild cats are better in Corcovado park than anywhere else in the Country. As part of the narrow isthmus connecting the Americas, Costa Rica is home to over 800 bird species. The largest population of endangered Scarlet Macaws can be found in Corcovado national park. 

The development company will be investing millions of dollars to create a very unique residential eco-community.

Beautiful mountain views, untouched rainforest with hiking and nature trails. The infrastructure will include roads, water, electricity, and an entry guard feature, with abundant common parks, and trails. There will be an eco-golf course integrated into the overall structure plan for the sub division. 

Respect for the ecology of the area is a primary concern for the development company and has been reflected in the development plan. The developer is preserving the rainforest that is part of the development and will be creating hiking trails so owners will be able to enjoy the natural beauty of Costa Rica right from their back door. 

The road and common areas will be maintained by a professional, on-site maintenance crew. The property consists of large areas of rainforest that will be preserved for owners to enjoy through the use of hiking trails to observe the large numbers of birds and small mammals in the rainforest. 

The development company offers partial financing for the lots. Title insurance, through Stewart Title, is included in the purchase price. The purchase price of the lots starts at $29,000US, the developer will partially finance @ 5.5% for 5 years with no approval required. This is pre-development pricing. 

The property taxes and management fees are the responsibility of the developer for the first 5 years. The management fee is $150 per year. Taxes are 0.25% of the property value per year or $125 for a property worth $50,000. 

The developer will complete the installation of infrastructure for your lot within 4 years of signing of the contract to purchase. This will leave you 1 full year to sell a fully serviced lot under the terms and conditions of the current loan agreement. There is a $300 fee to transfer title. You are free to sell your lot at any time and you do not have to wait a specified period. 

If you sell your lot before the end of the 5 year term the balance of the loan is assignable to another purchaser and can be transferred for a $300 transfer fee.

Costa Rican banks will lend to foreigners with mortgage terms up to 25 years for foreigners. A Costa Rican international business corporation does not pay capital gains.

This is a large development with 1700 lots. The developer has sold 700 and has 1000 remaining. In May 2007 they will be going into Phase II of sales. They are increasing the price because there has been significant development in the area, land prices have increased, and they are almost ready to release their master plan for the subdivision. 

The developer has 6 active projects now and has completed 10 others. 

The lots are located approximately 3 miles from the ocean in the hills of Costa Rica. An 18 hole eco golf course and country club will be part of the development. The area has not been developed very much so the prices are relatively low.

Additional infrastructure that is planned in the area include several marinas for large boats, highway, and an international airport so prices should appreciate greatly over the next several years.

The purchaser can sell at anytime. The 5 year loan agreement has been setup to give you 1 year to sell your lot after all services have been installed so someone can build on it. The developer will take care of the paperwork to transfer the title if you choose to sell.