Tuesday, June 15, 2010

Rain, Rain and more Rain!

The mountains are green and the waterfall's are flowing - the Tambor area is vibrant and fresh with all this rain.

We're experiencing an unseasonal amount of rain in Costa Rica now. Normally this season is much dryer and we wouldn't really expect any heavy rain until late Sept. or Oct.
As we're continuing to cut roads and develop infrastructure the abundant water is putting every cut to the test. It's slows us down for road construction but also allows us to see trouble areas as we're working. Work continues in VDL Phase 1.

Friday, June 11, 2010

The Results Are In!

In October 2009 Monterra Developers met with Latinamerica Title Co., exclusive representative of CHICAGO TITLE and one of the most a acclaimed title insurance/appraisal companies in the world.

Our primary goal was for them to initiate a 5 year historical assessment on Costa Rica Real Estate which would include competitors and comparable projects located throughout the country. This information (never been done in CR) would be extremely valuable for any company in our business as it would help to give clear insight to the realities of these RE markets.