Sources & Further Reading

To support independent due diligence and provide additional context, the following authoritative sources offer insight into Costa Rica’s institutional stability, tourism market dynamics, environmental leadership, and the unique natural setting of the Caribbean South region. These references are intended to help investors, partners, and stakeholders better understand the broader framework surrounding this opportunity. 

 Category:

📍 Costa Rica – Institutional Framework & Stability (Authoritative sources supporting informed, long-term investment decisions).

🌱 Central Bank of Costa Rica – economic indicators and financial stability

 🌱 OECD tourism trends and policies – Costa Rica 

🌱 IMF economic outlook for Costa Rica  


📍 Tourism & Market Trends (Official tourism data and international market reports highlighting travel demand, growth trends, and long-term tourism investment opportunities in Costa Rica).

🌿 Esencial Costa Rica – Official Country Brand

🌿 Costa Rica Tourism Board (ICT) – Official Tourism Authority

🌿 Tourism Infrastructure Investment in Costa Rica

 

📍 Sustainability, ESG & Conservation (Authoritative references on environmental protection, biodiversity conservation, ESG standards, and sustainable development frameworks in Costa Rica).

🌱 UN environmental sustainability and climate policy

🌱 Costa Rica Forest Conservation & PES Programs (FONAFIFO)

🌱 Ministerio de Ambiente y Energía 

 

📍 Local Context – Limón & Southern Caribbean (Selected sources describing the environmental setting, cultural heritage, protected areas, and development context of Limón and Costa Rica’s Southern Caribbean region).

🌿 SINAC – Costa Rica National Parks & Protected Areas

🌿 SINAC – Conservation Planning & Management Framework

🌿 Limoncito Wildlife Refuge – Costa Rica Biodiversity Overview

 

📍 Selected Insights (In-depth reports and studies focused on sustainable tourism, biodiversity-adjacent land assets, climate-resilient investment models, and long-term value creation).

🌱 OECD Tourism Trends & Policies – Costa Rica

 FAQS

📍Strategic Location - Seamless Access

How far is the property from the sea?
This 73,66 acres property is located just about 1,150 feet from the stunning Caribbean coast, in Limón Province, Matáma District (Westfalia), Costa Rica, aligned with ESG principles and long-term land preservation. It’s close enough to enjoy the sea breeze, yet safely distanced from risks related to tides and coastal flooding, even during high tide seasons.

Is the property accessible year-round?
Yes, the property is easily accessible throughout all seasons, with uninterrupted connectivity. Positioned directly along National Route 36, you won’t face difficult or remote access just smooth, direct, and secure entry all year long, even during the rainy season.

Is the area easily accessible from the Limón marina?
Absolutely. The property has direct access to National Route 36, which connects the Limón marina to the region’s key tourist destinations, ensuring easy travel for both visitors and investors.

Is the property served by public or private transportation?
The area is well-connected by a reliable transportation network. A bus stop is conveniently located right in front of the property, offering easy access to the Limón marina, the international airport, the capital via Route 32 (San José–Limón), the Caribbean’s top tourist destinations, and the key border crossing with Panama.

Is the land easily accessible for tourists?
With approximately 2230 feet of frontage directly on National Route 36, the property is highly accessible and ideal for eco-tourism development.

 📍Physical and Natural Features

Are there risks of flooding or other natural disasters in this area?

This property is located in a safe area, far from flood risks, with natural drainage that protects it during the rainy season. From an environmental standpoint, there are no significant risks of natural disasters. The land offers safe development opportunities for your investment!

What is the quality of the land for agriculture or other farming activities?
With 73,66 acres of fertile land, the soil quality is ideal for tropical crops or eco-friendly agricultural activities. Rich in nutrients, it's perfect for an organic farm or other sustainable ventures.

Is the land located in a protected area or near a nature reserve?
The property borders the Limoncito Wildlife Refuge, enhancing its prestige and perceived value. As a natural extension of the reserve, it’s perfect for eco-lodges, glamping, or biodiversity-focused educational initiatives (a highly appealing theme, especially for NGOs). Being adjacent to the Limoncito River, the property is subject to Costa Rica’s Forest Law No. 7575, Article 33, and the Water Law No. 276 and its reforms. These laws establish mandatory protection zones around water bodies to preserve ecosystems and natural resources.

Is the land flat or does it have significant slope?
The terrain is completely flat, with a large portion covered in pasture. The rest features a stunning and lush forest, where trails could be developed, ideal for birdwatching and other forest activities.

What is the climate like? Is it suitable for specific crops or activities?
The Limón area, on Costa Rica’s Caribbean coast, has a warm, humid, tropical climate year-round. The average temperature is around 25°C (77°F). If you’re passionate about organic farming, this land is ideal for developing sustainable crops. The fertile soil and favorable climate support a wide variety of tropical plants and fruits.

Are there coastal erosion risks in this area?
Located 1,150 feet from the sea and at approximately 55.77 feet above sea level, the land is not exposed to coastal erosion risks. The natural conditions of the area support safe and sustainable development, far from marine hazards and with topography that ensures stability even during high tides.

Is the soil suitable for building eco-friendly residential structures?
The soil quality is excellent for construction and sustainable development projects. Whether you're considering eco-tourism structures or other ventures, the land is stable, well-drained, and free from construction obstacles.

Is the area suitable for eco-tourism or adventure activities?
The land is versatile and suitable for multiple uses, agricultural, residential, or eco-touristic. Whether you envision building an organic farm or a luxury villa, this property offers endless possibilities. Should you choose to develop a tourism project, operational costs remain competitive, and the growing tourist flow ensures a strong return on investment.

📍Infrastructure and Services

What kind of infrastructure exists nearby (roads, electricity, water)?
Enjoy the convenience of well-developed local infrastructure! The property is served by main roads, electricity, water, and internet, with nearby towns and essential services providing a comfortable and peaceful lifestyle.

Is there access to the local power grid?
Live worry-free! The land is well connected to the local power grid. However, if you’re aiming for a more sustainable lifestyle, you can also integrate options like solar panels or generators. The choice is yours!

Is potable water and other utility access available?
No need to worry about water supply! The property has access to water resources and the potential to install a rainwater collection system, a great option for anyone seeking sustainable living solutions.

Are there schools or hospitals nearby?
Even though you’ll be surrounded by nature, essential services such as hospitals, clinics, and schools are within easy reach thanks to the property’s strategic location.

What are the water and electricity rates in the area?
Rates vary depending on the type of user. For residential electricity use:

  • Up to 200 kWh/month: about ₡65 colones per kWh (~$0.13 USD/kWh)
  • Over 200 kWh/month: up to ₡146 colones per kWh (~$0.29 USD/kWh)

For residential water use, rates vary based on consumption:

  • 0–15 m³/month: ₡375 colones per m³ (~$0.74 USD/m³)
  • 16–30 m³/month: ₡455 colones per m³ (~$0.90 USD/m³)
  • 31+ m³/month: ₡755 colones per m³ (~$1.49 USD/m³)

Rural areas may have local providers (ASADAS) with slightly different rates. For the most up-to-date and precise information, it’s recommended to consult local utility companies or regulatory authorities.

FAQS

📍 Socioeconomic Context

Is there a local community nearby, or is it an isolated area?

Enjoy the best of both worlds: peaceful privacy and local connection. The area is home to a friendly and welcoming community, offering you the chance to fully integrate without giving up your tranquility. The property is well-connected to key urban centers like Limón, the tourist marina, and other major destinations. A strategic location that allows you to enjoy nature’s serenity with all the comforts of civilization within reach.

What tourism opportunities are available in the area?

Located in the district of Matáma (Westfalia), Limón Province, this region boasts incredible ecotourism potential. Close to protected areas like Tortuguero National Park and the Barra del Colorado Wildlife Refuge, it’s the ideal launching point for jungle adventures, wildlife tours, and visits to banana, cacao, and coffee plantations. Its proximity to the sea and major tourist hubs makes it perfect for eco-lodges, sustainable vacation homes, and a wide range of eco-friendly tourism developments.

Are there other businesses or commercial activities nearby?

Yes! The area is commercially active, with many local businesses and tourist attractions nearby. You'll benefit from the steady flow of visitors and a vibrant local economy that supports new ventures and growth.

Is the land located in a safe area in terms of crime?

The Limón Province has faced security challenges in recent years, but recent government efforts have led to visible improvements. While conditions are getting better, it’s wise to stay cautious, especially at night and in less frequented areas. Authorities continue working to enhance safety, but staying informed and adopting standard precautions is always recommended.

What are the growth prospects for the area in the coming years?

The region is experiencing significant growth, driven by new tourism projects, infrastructure upgrades, and a rising demand for ecotourism. Investing now means positioning yourself for strong future returns.
This property’s value is expected to rise steadily thanks to its prime location and Costa Rica’s increasing popularity as a tourist hotspot. It's an investment offering both security and long-term appreciation.

Are there any ongoing projects that could impact property value?

Yes and in a positive way! Several major developments are underway in the area, including: Expansion and rehabilitation of Route 32, the key highway linking San José to Limón’s port; Upgrades to roads connecting top destinations like Puerto Viejo, Cocles, Punta Uva, and Manzanillo; Hernán Garrón Salazar Cruise Terminal & Marina, an $854 million investment to build a new marina and cruise terminal;  The MTA Project in Moín Bay, a transformative initiative poised to become one of Costa Rica’s flagship infrastructure ventures. These improvements are elevating the region’s profile and boosting property values, making your investment even more attractive.

📍 ESG, Sustainability & Incentives

How can I develop the land sustainably?

Imagine building your dream home or an ecotourism retreat using natural materials and eco-friendly solutions. On this property, you can bring your vision to life sustainably, saving resources and honoring the environment. This land is your canvas for a future that’s both beautiful and responsible.

Are Executive ESG summaries available for this property?

Yes. Executive ESG summaries of the property are available and provide a concise, investment-grade overview of its environmental, social, and governance positioning.
The documents can be downloaded directly from the Home page, where they are available in multiple languages (English, Spanish, German, French, Italian, and Russian).

Are there tax incentives for green building?

Costa Rica offers a favorable legal framework for investors, especially those focused on sustainability. Our Legal Team is ready to guide you through local regulations to ensure your project is compliant, efficient, and eligible for any available eco-construction benefits. We’ll help you build green and smart.

Are there investment opportunities in the area (tourism growth, infrastructure development)?

Absolutely. The region is ripe for eco-tourism ventures and sustainable development, with policies in place that encourage green projects and boost the local economy. By investing here, you’re choosing a property that supports eco-conscious growth, renewable resource use, and a deep connection to nature.

Are there tax benefits for foreign residents purchasing land?

Yes, foreign residents may qualify for various tax advantages related to land purchase and development. Explore the range of government incentives that make investing in Costa Rica not only sustainable but financially rewarding. Let our team help you unlock these opportunities for a smooth and profitable experience.

What is CostaRicaHaven from an ESG perspective?
CostaRicaHaven is a large-scale land asset located on Costa Rica’s Caribbean coast, strategically positioned within a high-biodiversity corridor and near protected natural areas. It has been conceived from inception as an ESG-ready investment, balancing environmental preservation, social integration, and transparent governance, while maintaining flexibility for future development strategies.

How does CostaRicaHaven address the Environmental (E) pillar?
The project follows a conservation-first approach, prioritizing land preservation, low-density development, biodiversity protection, water stewardship, renewable energy readiness, and avoidance of environmentally sensitive habitats.

How does the project manage environmental and climate-related risks?
Environmental risks related to biodiversity sensitivity, regulatory approvals, and climate factors are explicitly identified and integrated into the planning approach through proactive environmental assessments and alignment with Costa Rican regulations.

How does CostaRicaHaven address the Social (S) pillar?
The project is designed to integrate constructively with local communities through responsible tourism, employment opportunities, collaboration with local suppliers, and respect for cultural and territorial identity, supporting long-term social license to operate.

Does the project promote responsible tourism?
Yes. CostaRicaHaven embraces a low-density, responsible tourism model aimed at avoiding over-tourism, social displacement, and environmental degradation, while promoting environmental education and community-based value creation.

What governance standards does CostaRicaHaven follow?
CostaRicaHaven is characterized by clear ownership, legal transparency, regulatory compliance, and a commitment to traceable, bank-mediated transactions, aligned with institutional ESG expectations.

Which UN Sustainable Development Goals (SDGs) does CostaRicaHaven align with?
The project aligns primarily with SDG 8 (Decent Work and Economic Growth), SDG 11 (Sustainable Cities and Communities), SDG 13 (Climate Action), and SDG 15 (Life on Land), enabling credible and measurable impact narratives.

📍 Certifications & Regulatory Pathway

Is CostaRicaHaven already ESG or sustainability certified?
No. CostaRicaHaven is intentionally positioned as a certification-ready asset rather than a fully certified project, allowing incoming investors to retain strategic control over certification pathways and ESG prioritization. For reference, Executive ESG summaries are available for download from the Home page, offering a high-level, investment-grade overview of the asset’s ESG positioning and sustainability baseline.

Is the project aligned with Costa Rica’s environmental regulatory framework?
Yes. CostaRicaHaven aligns with Costa Rica’s environmental governance system and presents a clear and realistic pathway for environmental approvals, including engagement with SETENA where applicable.

Is CostaRicaHaven eligible for sustainability certifications?
The project is conceptually aligned with Costa Rica’s CST – Certification for Sustainable Tourism and is well-positioned to pursue certification in future development phases, subject to design and operational decisions by the acquiring party.

How does the certification-ready approach create value for investors?
By acquiring the asset at a certification-ready stage, investors benefit from reduced regulatory uncertainty, accelerated certification timelines, and the flexibility to align certifications with their internal ESG frameworks and reporting standards.

What is the indicative ESG roadmap post-acquisition?
The roadmap may include:
– confirmation of environmental assessments and land-use compliance
– formalization of sustainability and governance policies
– pursuit of CST or comparable certifications
– implementation of ESG monitoring and reporting frameworks.

FAQS

📍Investment & Strategic Rationale

Why is CostaRicaHaven attractive to ESG-oriented investors?
CostaRicaHaven offers exposure to a scarce, non-replicable land asset located within a high-biodiversity context, in one of the world’s most stable and sustainability-driven jurisdictions, with ESG value embedded at the land level.

Is the asset suitable for institutional investors?
Yes. The project features an institutional-grade, transparent governance structure and is designed to be scalable and audit-friendly, supporting future reporting and ESG monitoring requirements.

How does sustainability enhance long-term value creation?
Sustainability is positioned as a value driver, enhancing regulatory certainty, reducing development risk, improving marketability, and supporting premium positioning and exit optionality over the investment lifecycle.

Does the project offer strategic flexibility to investors and developers?
Yes. Acquiring CostaRicaHaven at a pre-development, ESG-ready stage allows investors to shape future development strategies according to their own investment thesis, risk profile, and impact objectives.

What makes CostaRicaHaven a compelling entry point today?
The asset offers a rare balance between embedded environmental and social value and full upside potential, providing ESG-oriented capital with a high-conviction entry point into sustainable real assets with asymmetric risk-return characteristics.

📍 Legal & Ownership

Is the property free of liens, encumbrances, or disputes?
The property is held under clear and transparent ownership, with land registry documentation in place. Any transaction is expected to be conducted following full legal due diligence in accordance with Costa Rican law.

Is foreign ownership permitted in Costa Rica?
Yes. Costa Rica allows 100% foreign ownership of real estate, with the same property rights and legal protections afforded to local investors.

Can the asset be acquired through a corporate structure or SPV?
Yes. The asset can be acquired through a Costa Rican or international corporate structure, subject to standard legal and regulatory procedures.

Who owns the Matáma EcoReserve property?

The property is owned by Inversiones Manda S.A., a Costa Rican company represented by its President, Paola Manfredi. The land was originally acquired by the Manfredi family in the early 1990s following the vision of Paola Manfredi’s father, Giacomo.

📍Land Use & Development Flexibility

Is the land currently developed?
No. CostaRicaHaven is offered at a pre-development stage, allowing investors to define the scope, timing, and nature of any future development in line with their strategic objectives.

What types of development are envisioned or permitted?
The project vision supports low-density, eco-oriented development, conservation initiatives, and sustainable tourism concepts, subject to zoning regulations, environmental approvals, and investor-led design decisions.

Is the land suitable for full conservation or partial development?
Yes. The asset offers flexibility for conservation-focused strategies, mixed conservation and low-impact development models, or phased sustainable development approaches.

📍Transaction Process & Due Diligence

What is the expected transaction process?
The transaction is intended to follow a standard institutional process, including non-disclosure agreement (NDA), access to a data room, legal and technical due diligence, and closing through bank-mediated transactions.

Are due diligence materials available?
Preliminary documentation is available upon request, with expanded materials provided during the due diligence phase.

Are transactions fully traceable and compliant with AML standards?
Yes. All transactions are expected to be conducted through regulated financial institutions, ensuring full traceability and compliance with anti-money laundering standards.

📍Timeline, Exit & Optionality

Is there a required development timeline?
No. The asset does not impose a mandatory development schedule, allowing investors to determine timing based on market conditions, capital strategy, and ESG objectives.

What exit strategies are available?
Potential exit options include long-term holding, resale to institutional or impact investors, phased development exits, or integration into conservation or sustainable tourism portfolios.

How does ESG positioning support exit optionality?
Strong ESG positioning enhances asset attractiveness, expands the pool of potential buyers, and supports premium valuation in markets increasingly driven by sustainability considerations.

FAQS

📍Risk & Transparency

What are the key risks associated with the asset?
Key risks include environmental permitting processes, biodiversity sensitivity, and market dynamics related to sustainable tourism. These risks are acknowledged and addressed through conservative planning, regulatory alignment, and ESG-driven risk management.

Is the project speculative?
No. While future development pathways remain flexible, the asset’s value is anchored in land scarcity, environmental quality, regulatory clarity, and ESG readiness rather than speculative development assumptions.

📍 Real Estate Market & Financing

Are there other similar properties for sale in the area?
There’s nothing quite like this property in the area! With 73,66 acres, close proximity to the ocean, and excellent accessibility, it’s a one-of-a-kind opportunity. If you’re looking for something similar, this is your ideal choice, with plenty of development potential.

What is the current market value of similar land in this area?
The market value of similar land in the region is steadily rising, fueled by increasing tourism demand and expanding infrastructure. Now is the perfect time to invest in a property with strong appreciation potential!

Is financing available to purchase the property?
If you need financing, there are options available in Costa Rica—through local banks or financing solutions tailored for foreign buyers.

What is the current real estate trend for similar land in other nearby tourist areas?
The real estate market in Costa Rica is booming, especially in nearby tourist destinations. Demand for land is growing fast, particularly for eco-tourism and sustainable projects. Investing now means locking in a high return in the years to come.

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