Apr 2 2011
Billions Of Medical Tourism Project Development Dollars Flowing Entering Into Costa Rica
One of the huge considerations in my move to the Flamingo, Tamarindo area was my research which discovered that Real estate within a 40 mile radius of a world airfield is over time the best performing real-estate demographic there is. My thinking was like this Ok here we have got a new international airfield, and over the road, here we have cows grazing.Looked like ground floor to me. The other consideration was I loved the incontrovertible fact that the map showed clearly that Playa Potrero was blind alley on the map with miles of underdeveloped beach front and jungle just waiting to be explored. So I jumped in the jeep with my dog Seikan and drove from Boston to Potrero and set up home there without ever having particularly seen Potrero. That journey will be a tale for another day.
The point of this piece is that substructure has turned into a hot subject once again however this time in a very positive light and it has broad sweeping ramifications for the future of Costa Rica and for our width of vision today ; Guanacaste.
The most promising and grand change that is taking place in Guanacaste today and which may cement the Guanacaste area of Costa Rica as a highly sought retirement, and alternative approach to life destination is the development of the new $160 Million buck Cima Hospital annex just outside of Liberia and only a short distance from the previously mentioned International Airfield. Yes there are a still 1 or 2 cows left across the road but they’re now sharing the area with a few grand hostels, commercial centers, great import export warehouses, and of course a couple of million tacky billboards : More about that in a minute.
Yet the biggest news for the future of tourism and development in the beach areas of Guanacaste are several projects that revolve around and include Grupo Do It, the well known developers behind the Do It Center in Liberia and all of which are aimed especially at Medical Tourism Dollars. Infirmary Cima broke ground on Nov 2nd after many delays on a $160 million dollar project that includes 42 spaces for private hospitals and other retail outlets. A grand total of 220,000 square meters will be developed in stages over a period of a few years. The infirmary will be found at the entrance of a housing development called Pacific Piazza, opposite to the Do-it Center, engineered to be a place that specializes in integrated health services to a retirement community. Above left is the rendered view of the completed project.
An identical project suggested by Clinica Biblica in collaboration with Sun Ranch Retirement Community ( another Grupo Do It offshoot ) includes some 50 acres destined for the state of the art Clinica Biblica Hospice with managed living and long-term care, including two hundred rooms, with one wing specifically designed for after care / post operative recovery. This project is far reaching in scope and may also include Casino, restaurants, and a convention center, also fifteen acres for a branded medical / hotel Spa, wellbeing center, pools and other first-class Medical Travel conveniences and finally 5 hundred acres for the Robert Trent Jones Jr. Designed championship golf course with five star hotels and home development. While this project seems to now be on hold according to Sun Ranch the project is still a go.
So what does it all mean for Costa Rica Costa Rica Medical Care and especially Guanacaste?
What it suggests is that opportunity is knocking at the door so far as medical tourism is concerned . Opportunities for huge savings of nearly seventy pc on everything from heart surgery to plastic surgery and the quality of care is rated better than that of the united states. The central valley is before most parts of the country with reference to infrastructural development according to Dennis Easters and Gerardo Porras at Pure Life Development of Atenas Costa Rica, Rebecca Clower of Blue Water Properties of Playa Conchal Costa Rica in Northern Guanacaste welcomes the development of the multimillion buck annex dedicated to Medical Tourism and Medical Travel. Bringing modern medical facilities to this area joined with the major expansion of the Daniel Obuder International Airfield close by and couple this with the great job the government has been doing on public road system of late, changes the whole picture for Guanacaste Property. Our last big boom cycle here were holiday and 2nd property owners using equity credit lines. Now we’re seeing a different sort of client ; folks who are looking for a dream that is now not affordable in the U.S. This is leading to a rather more stable and viable expansion pattern here in Guanacaste and the beach area in general. New roads have opened up areas here that were not accessible before and today a spectacular ocean view lot can once again be had for only 100k.
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