"You Ain't Seen Nothing Yet" Update on the Tres Amigos' Realty Region

By Michael Mills Photos courtesy of Tres Amigos Realty

When contemplating moving to Costa Rica from Vancouver Island, British Columbia in 1999 most of my friends were ready to have me committed to an asylum. How could you even think about leaving this paradise?

A good friend who I admired (CEO of one of BC’s largest lumber companies sent me a note – Michael: “All men dream: but not equally, those who dream by night in the dusty recesses of their minds wake in the day to find that it was vanity: but the dreamers of the day are dangerous men, for they may act their dream with open eyes, to make it possible.”

-T.E. Lawrence, Seven Pillars of Wisdom

I moved and have never looked back.

It has been 16 years since we moved our Tres Amigos sales office on the boulevard in Playa Panama to our current sales office in Hacienda del Mar on the Las Trancas Road in Playa Panama. Pretty easy to remember as it was just before the crash in 2008. The seventyacre parcel overlooking Culebra Bay and the Four Seasons Papagayo Resort had been divided up and more than 50% sold as developer parcels. Condos and Villas were in planning stages which quickly came to a halt after the crash. For the next number of years waiting for economic recovery the existing

5000 square foot Casa Club with ocean view pool became my wife and myself’ s private weekend getaway. Not a bad place to wait out the recovery knowing our day would come when this development would break open full scale.

The onsite Jaguar Village Condominiums were completed in 2020 and it was decided in 2022 to take some of remaining “development parcels” and divide them into individual residential lots with a high demand for these with North Americans franticly buying in the height of the COVID pandemic. Our first 10 ocean view lots released sold out along with two development lots with 5 homes now planned. Two more development parcels sold with another 10 homes in the works and 30 more new ocean view lots to be released in the coming months. Our 30-plus non-ocean view lots within this gated community are set to be released next month starting at $130,000.

Hacienda del Mar has all electric and water to each lot, all internal roads with pavers, tennis court/pickleball, sewage treatment plants, 24-7 security and an operating Casa Club with gym, community pool and with the Peninsula Steak and Seafood Restaurant. The development also owns the land where the Hacienda Blu Restaurant is located on the beach in Playa Panama and will home to our Beach Club in 2024 complimented with the existing restaurant.

Click for the rest of the story, maps and contact information:

Michael

Email: michael@costarica-realestate.com WEBSITE