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EXECUTIVE SUMMARY AND INTRODUCTION
TREETOP TERRACE LUXURY RESIDENTIAL CONDOMINIUM DEVELOPMENT
PLAYAS DEL COCO,
GUANACASTE, COSTA RICA
“AN INVESTMENT TO CALL HOME”
Power Corp Sociedad Anonima, ID Number 3-101-332911
is the owner of property duly registered on the National Register of
Costa Rica, under Costa Rican law, Property Number 5-049702: located in the Province of Guanacaste,
District Third – Sardinal, County Fifth – Carrillo, Survey Number G – 0423512 –
in the town of Playas del
Coco.
Power Corp Sociedad Anonima,
ID Number 3-101-332911 is comprised of the following
shareholders: Edward B. Pomianoski,
United States Passport Number 217643972, John E. Pfeffer, United States
Passport Number 206202838, and Carol A. Beck, United States Passport Number 095828782.
Power Corp Sociedad Anonima, ID Number 3-101-332911 is legally represented by ARCHILAW, S.A.,
Integrated Consulting, with offices located in San Jose,
and Playas del Coco, Costa
Rica.
Power Corp Sociedad Anonima,
ID Number 3-101-332911, the developer, broke ground in
March 2009 and is building Treetop Terrace Luxury Residential Condominium
Development. The development consists of
one 3 level building consisting of two wings connected by a four level
Penthouse tower. The main level consists
of six 2 bedroom, 2 bath units and the exercise center. The second level consists of four 2 bedroom,
2 bath units, three 1 bedroom, 1 bath units and a 1 bedroom, 2 bath suite. The third level consists of six 2 bedroom, 2
bath units and a spacious 1 bedroom, 1 bath multi-level penthouse suite.
Treetop Terrace Luxury
Residential Condominium Development was designed by the Architectural Division
of ARCHILAW, S.A.,
Integrated Consulting headed by Jose Pablo Acuna, award winning Costa Rican
architect and partner. As an integral
part of the process, ALL Costa Rican Governmental Authority permits for
construction have been granted, including the approval and issuing of the Water
Availability Letter (garrrentee) for the development.
Located in Playas del Coco with
the most solid infrastructure on the Papagayo gulf coast, Treetop Terrace is situated
in one of the most desirable beach towns in Costa Rica. Playas del Coco is just a twenty-five minute
drive by car from the Liberia International Airport,
making it the closest beach to any international airport in Costa Rica. In close proximity to world renowned resorts
such as the Four Seasons and RUI Resort, the center of activity and amenities
is Playas del Coco.
Treetop Terrace combines luxury
style living with amenities and beach activities at an affordable price
allowing attractive gains in appreciation for buyers. With a two minute walk to the main road of
downtown Playas del Coco, Treetop Terrace owners have access to everything that
is expected in a Pacific seaside resort community in Costa Rica without the need for rental
vehicle. In this area of Costa Rica,
known as the “Gold Coast’” an individual can find many bays and coves and
endless sandy beaches that will leave one breathless. A sunset of sensational colors over the calm
waters of the clear, blue Pacific Ocean will
is an unforgettable experience.
Sales and Marketing initiatives
for Treetop Terrace focus on luxury style living with beautiful architecture
and design in a gated community at an affordable price. The development is located three blocks from
the beach via a direct access paved road.
Included are covered carports, a large pool area with separate
children’s pool and Barbecue Rancho, underground utilities, on site exercise center,
full landscaping, American brand appliances, granite kitchen countertops,
beautiful Central American hardwood cabinets, air conditioning, cable TV and
high speed internet access, and balconies poolside. The developers of Treetop Terrace Luxury
Residential Condominium Development are committed to Sustainable Ecological
Development in order to preserve the beautiful Costa Rican Environment within
and surrounding the development for future generations.
Casinos, restaurants, beach clubs
and lounges all lend to a “happening nightlife,” while a variety of scuba
diving shops, sport fishing charters, surfing, sailing, shopping opportunities,
golfing, horseback riding, river
rafting, swimming, canopy touring, wildlife watching, national parks, and other
activities will keep the most active vacationer busy during the daytime. With the recent approval of Playas del Coco’s
marina and boardwalk coming soon, Playa del Coco will become a world class
beach resort town in just a few short years.
The buyers who invest now will be rewarded with what should be
escalating property values and enjoy years of vacationing in paradise with
great returns on their investment.
Costa Rica is the fifth cleanest
country in the world, as published by Forbes Magazine. Costa Rica
obtained a 90.5 score for good environmental performance during 2008, surpassed
only by Switzerland, Sweden, Norway
and Finland. This ranking was especially based on Costa Rica’s
protection of its forests, wildlife and rich biodiversity which lures many ecotourists
to the country each year.
Moody’s Investor’s Service Risk
Rating level for Costa Rica
is “positive.” Taken into consideration were
various improvements in economic indicators.
Costa Rica’s
foreign debt, a well as the high probability of continued economic growth in the
commercial, tourism and residential sectors, despite the current global market,
were all cited as reasons for the rating.
Costa Rican Governmental authorities are extremely pleased “because this
is a recognition by a major international entity and because it sends out a
signal to both local and international investors that there is a positive
environment in which to conduct business in Costa Rica.”
The excellent cost of living that
can be enjoyed in Costa Rica
allows your dollar to stretch much farther allowing for services and luxuries that would be much too expensive
to afford in the United States,
Canada or Europe. Thus, Treetop Terrace Residential Condominium
Development is extremely attractive for buyers since prices are competitive,
closing costs are reasonable, municipal taxes are low, maintenance fees and
utilities are significantly less than in other countries, insurance premiums
are reasonable, and there is an attractive margin for non taxable capital gains
that can be realized by purchasers.
Treetop Terrace Luxury
Residential Condominium Development in Playas del Coco, Guanacaste, Costa Rica
is truly “AN INVESTMENT TO CALL HOME!”