OwnCostaRica and Monterra Developers are Working Hard!

Join Our Team and Live in Paradise!

2012-01-10T22:32:00.002-06:00

Home Constrcution Orders, Just Starting to Come In!

2011-12-08T09:20:00.001-06:00

It's been a busy Fall so far and now that we're headed into the new season (CR summer) our big news is Building, Building and more Building.

Valle de Luz is fully permitted and ready for construction and more infrastructure. The rainy season took it's normal toll on this project but our road crew is headed back into the property now that the summer is almost here.
VDL property owners should have received notice by now to have their corporations opened and prepare for title transfer. Monterra is transferring another 220 titles - just in VDL!

2012 will see the formation of Monterra's new building company which already has 10 homes to start early 2012. We will be posting progression photo's as these homes raise.

According to Costa Rica's development and permitting office, as of fall 2011 Monterra is now the largest owner of titled and permitted properties in the entire peninsula, and we're in the top 5 for the entire country. The Monterra team has worked very hard to achieve this as we've witnessed other developers stall as they try to build without these complicated permits. There are no shortcuts in this country! And we're happy for that.

With our upgrades to the Hotel Costa Coral and our union with powerhouse 'ACI' - Monterra has built new relationships with billion dollar marketing companies such as Groupon and Living Social who are populating the Hotel Costa Coral and driving
interest to our area. This has translated to more property sales and home building enthusiasm. OCR in Canada, will likely focus more on client administration for Monterra allowing these big
companies to handle marketing for us in this new age of promotion. OCR seminars will continue but with focus on home building education with little emphasis on property sales. Our marketing partners will take over in this area.

2012 and 2013 Monterra will be focusing 90% of it's efforts on construction and not land development. This coincides with our business plan for 2012 which put most of our emphasis on home and condo construction. Also this keeps our (the) property
market from inventory saturation allowing land pricing to climb closer to Chicago Title appraisal values, benefiting all. We still have many properties available but the prices will be climbing more dramatically over the next 2 years - and many will be sold with a building contract in place.

This is great time to be involved with our company. If you're considering building then please contact OCR (ask for a 'Architectural Agreement') before the holidays - we're limiting our home numbers in 2012, and already have commitments for 2013.

Monterra Developers,

We will update our BLOG shortly. We have lots to share with you!

2011-10-24T08:40:00.005-05:00

Playa Tambor Flys Costa Rica's Blue Flag! Thanks Trish Miners for this info!!

2011-07-04T18:10:00.005-05:00

Costa Rica's Blue Flag program identifies and certifies the best quality beaches. What exactly is a Blue Flag Beach?

Modeled after the Blue Flag program developed in Europe to identify the world's best beaches based upon ecological quality and visitor conveniences, Costa Rica has created its own Blue Flag program with strict objective rating standards involving water and beach qualities of cleanliness. Only those beaches obtaining a water and beach quality score of 90 or more (out of 100) are certified as Blue Flag. Under the Blue Flag Ecology Program, the Costa Rican beaches are evaluated on a strict criteria. The beaches are assessed on water quality of the ocean and the drinking water, waste disposal, sanitary facilities, signage, tourist safety, environmental education and involvement of the community in beach maintenance. Only beaches with a 90% score succeed in acquiring a distinction and receiving the Blue Flag. Beaches awarded the Blue Flag are then monitored on monthly basis for sustained maintenance. Out of 84 beaches hoping for the award, only 67 beaches passed throughout several examinations, such as water quality, cleanliness and security.

This program started in 1996, and it's carried out by the Instituto Costarricense de Acueductos y Alcantarillados (AyA) (Aqueducts and Sewers Institute), the ministries of Health, Environment and Education, by the National Chamber of Tourism (NCT) and the Costa Rican Tourism Institute (CRTI).

Meet Michael!

2011-04-07T08:59:00.006-05:00

Many of you have already met Michael as he's been employed by Monterra Developers for more then a year. As we're rapidly moving into home building this year Michael has been busy sharing his home ideas and meeting with customers who are ready to get building. He's also been busy interviewing / hiring our building crews consisting of trade and labor - with their first project being the Monterra warehouse in VDL.
For the past year Michael, who now lives in Playa Tambor, has been researching and assembling a comprehensive quoting sheet of every type of material needed to build and finish a home in Costa Rica. After a year of negotiating and pre-purchasing materials Monterra's exclusive pricing from these suppliers will make our luxury homes very competitive (quality & price) against any builder in Costa Rica.

More info will be coming soon on the Monterra building process and how to get started.

Michael Pechbrenner:

- More than 30 years' experience in construction building.
- Second generation. Credited with projects in; Northern Alberta, British
Columbia, GTA, and 8 years in Florida.
- Florida; Home construction from 6,000 - 18,000 Sq. Ft.
Disney World, Busch Gardens, world famous Hammock Beach Resort (Hard-scape finishes) and many other hospitality, resort and residence construction and finishes.
- Heavily experienced with structural engineering for; Bearing, Uplift, and seismic.
- Engineering, architectural, and construction management skills to complete projects expeditiously with superior results.
- Working with architect for custom home designs to optimize terrain usage, views, functional, with beautification, natural materials, and eco friendly finishes.
- Current in technological improvements and automation for energy savings, security, communication, to simplify life's demands and comfort.
- Experience includes residential construction, commercial construction, government projects, road and parking lot construction, theme parks, city park construction with full understanding of blue print reading which include; elevations, cross sections, inverts, structural, mechanicals,
electrical, finishes, call outs, and sectionals.
- Full experience with project management, project scheduling, project estimating/budgeting.
- Full understanding of North American building codes and engineering. Currently applying skills in Costa Rica for 4 years.

From Ms. Trish Miners - Monterra's Client Manager

2011-03-28T15:15:00.006-05:00

"Two years ago, I had no idea where Costa Rica was or that such a place even existed. Now, I call Tambor, Costa Rica my home."

"I started my career in real estate in Toronto, Ontario at the age of 20. While working in Toronto I realized my passion for real estate, investments and overall life and wealth enhancement. After working for three years in real estate locally I was introduced to Own Costa Rica and Monterra Developers. Working with Monterra and Own Costa Rica has been one of the greatest opportunities I could have ever asked for in my life.

Making the decision to invest in Costa Rica was relatively easy, but making the decision to move to Costa Rica was not quite as easy. My father and brother live in Mississauga, Ontario where I grew up. When I was presented with the opportunity to move to Costa Rica, I was torn between career opportunities and moving away from my family. I promised myself that I wouldn’t turn away such an opportunity and told my family I would give it a fair shot and if it didn’t work out I would be home soon. Over the past two years I have spent more time in Costa Rica than I have Canada and I would never look back. My father and brother both come to visit me here periodically and it is the most amazing feeling in the world to be able to show them my new life and what Monterra has created.

Growing up in Canada, horses were a huge part of my life. They are a passion of mine; I spent many years training, competing and teaching students how to ride. I have found in Costa Rica that my passion is shared with many others. Horses are a big part of this country and I now have the opportunity to ride in all of the rodeos, fiestas and perform what we call “dancing with the horses”. If we are not in a rodeo or fiesta, you will usually find us riding in the mountains or on the beach.

Costa Rica is a place that makes you feel at home almost instantly. The Costa Ricans have treated me like family since day one, their lovingness, respect for others and sincerity makes you welcome them into your life with open arms. Their way of living is truly amazing. There is never a reason to be angry or upset here, every day is a great day full of happiness and constant smiles. Everything here is basically as organic as it gets, from the food we eat to the shampoo and soap we use in the shower. I have never felt as healthy in my life as I do now living in Costa Rica.

Having the opportunity to invest in property, build and design a house and be a part of the Monterra family and community is an opportunity that I think everyone should explore. I know it has changed my life dramatically, both financially and personally. Being able to share what I have found with friends, family and clients is one of the most rewarding things for me to be doing. When clients are in Costa Rica there are many things that I share with them. Our boutique hotel, the Costa Coral, development and investment projects, luxury hotels, local towns, eco tours, farms, nature reserves, the list never ends!

Sitting in my office while typing this I am listening to clients designing homes and building dreams. Outside the window there are monkeys in the trees and horses playing across the street. Life is not measured by the number of breathes that we take, but by the number of moments that take our breath away. I am absolutely convinced that there is nowhere in the world I would rather be than here in Tambor, Costa Rica."

New Tower Now Installed!

2011-03-21T07:49:00.003-05:00

As promised 'ICE', Costa Rica's telecommunication company, just installed a new tower down the road from our Valle de Luz entrance. That tower now provides 4G cell phone technology (not 3G) and wireless high speed internet to Monterra's VDL projects including Pacific Blue - right to the beach!

Monterra's New Warehouse.

2011-03-07T10:52:00.005-06:00

As planned Monterra Developers are moving quickly into becoming an organized building company. New staff have recently joined our group including an in-house architect (Costa Rican) and our Canadian home builder who comes with 25 years experience building to North American standards. Our construction team is being formed by top trades people in Costa Rica and new home designs are being created weekly! We currently have 9 client homes to build in VDL and RDS which will begin after our warehouse is completed.

Our new warehouse is designed for 10,000 square feet and will be located on VDL next to our nursery (vivero). It's needed for equipment, building materials, tools and security. Once completed it will become the main building and lock-down centre for all Monterra phases. It's vital for the building process and is the final stage before construction begins. We are very excited to be at this stage!

"Costa Rica, From a Woman's Perspective."

2010-12-23T14:18:00.010-06:00

JUST RELEASED!
Thank you to Sandra Roberts for this unique editorial, on Monterra Developers & Costa Rica, published in her internationally distributed Pie Magazine. Also thanks to the world's most patient writer Michelle Valencourt, and to Andy Vanderkaay who, for 1 week, only saw Costa Rica through a camera lens.

Visit this link for the full 14 page story. http://www.owncostarica.com/contact-us/our-brochure.html

Why is the Southern Nicoya Pennisula so Popular?

2010-12-14T10:20:00.009-06:00

We're back in the high season again (Nov. to May) and many more people are showing-up this year to see how beautiful this area is. The word is getting out that Playa Tambor is more accessible than ever and offers true Costa Rican nature, culture and bio-diversity. Costa Rica has determined that this entire area (Southern Peninsula) should be protected from over-development to maintain it's forests and coastlines. Over-development has occurred in some other famous beach towns which has not only hurt those area's ecology but also Real Estate values too!

Daily the ferries/ airplanes are arriving full of people coming to work, play and maybe even live in this area. Even the Cruise Ships, which dock across the bay from the peninsula, are offering passengers excursions to our area for the first time. People are coming to see what we've known for years - but without the threat of high population as the inevitable Real-Estate boom happens.

Exotic Property Tours - Video Web Site.

2010-11-11T17:02:00.004-06:00

EPT launched a new website designed specifically to host video information pertaining to Playa Tambor and Costa Rica.

Over the past 10 years we have have been a leader in providing up-to-date information to interested property seekers, web surfers and existing owners. By researching current search-engine statistics we can easily see that video information is quickly becoming more popular then text or images, therefore EPT has created a video web presence that is not only web friendly but also interesting and informative.

www.exoticpropertytours.com

Monterra Purchases New Development.

2010-10-29T10:37:00.008-05:00

Located in one of Tambor's most beautiful areas (known as Tango Mar) is a spectacular property which was has been under the development process for the past 3 years. During this time the previous owner/developer had acquired the necessary development permits to begin infrastructure and building. However due to economic reasons they needed to sell.

Recently Monterra was able to purchase this property at far below the appraised value and will pass those savings on to property purchasers. These are the lowest land prices we've seen in 5 years for a development of this quality. Monterra will only sell 1 per person - we are looking for people who want to start construction either immediately or within a few years and not buyers who want to purchase and flip these lots. Although this is a excellent investment it's also a great opportunity to own a piece a paradise in Costa Rica and build a winter getaway or permanent home.

The development allows for 80 building properties - building can begin immediately. There are already many homes built in the area and the 5 star 'Tango Mar' resort is located just down the road. Other then all the activities the Playa Tambor area offers, from this project you can walk to one of nicest beaches in country or Golf just a few minutes from home.

The project is named 'Pacific Blue' and is Monterra's 4th development site in the Playa Tambor area.
http://www.pacificblueproject.com/
Sales: 1 (877) 313-3336

RDS Roadwork Continues!

2010-10-23T22:01:00.007-05:00

This past season Costa Rica property developers have had their roads tested by heavy rains - the heaviest rainy season in decades. Monterra road builders have continued working thorough this entire season as it's the best way to identify areas that need improvement. After a recent inspection we see that our water management systems have performed as they were engineered too and our roads are dry and solid. Electrical plans have now been approved by government and we will begin its distribution by Nov. 29th 2010.

'Condominio de Luz' - Starting this fall!

2010-10-06T14:17:00.006-05:00

As our title processes are moving forward on all Monterra phases we are switching gears and initiating building projects in VDL.

We've been working successfully in the challenging but beautiful area of Costa Rica, the Southern Nicoya, for almost 4 years and with tremendous growth. Monterra started in the Playa Tambor area (Vainilla) with a single phase and now we're developing more then 12 with a 90% sell-out / reservation.
With every project comes lengthy and expensive permitting processes. Monterra has been extremely successful in these areas too, with approvals from all branches of government and recognition as a leader in the area for business development, employment and environmental responsibility.

As we moving into this next season we have made the decision to start building luxury condominiums combined with continued property sales and development. This will provide significant benefits to our developments and all VDL, RDS and PACIFIC property owners.

Construction will increase values to all Monterra properties.
Monterra will now be offering all fully built (turn key) products to buyers and investors.
Mortgaging will now be available for condo purchasers.
Rental programs will be initiated.
Condominiums will encourage local business and home building.

The condo's ('Condominio de Luz') will be available for purchase this November with a deposit structure of (10%,10% and 10%) and a 70% closing cost. We anticipate that the 70% will be mortgaged by one of the international banks. We have a letter of intent from Scotia Bank currently. Our first phase will offer 24 units consisting or 1,2 and 3 bedrooms. Pricing is TBD.

Why is this home unique? Designed for Monterra's Rios del Sol.

2010-08-25T12:49:00.009-05:00

A Canadian client together with our CR Architect 'Leon de Leon' have come up with this unique mountain home design that will be built in Phase 1. This home is actually a duplex maximizing its investment function both as a private family retreat and dual rental income potential. Even when the owner is using the home it can still be rented - Great Idea! And a beautiful home too.

What the 'Heck' is happing to Rios del Sol Phase 2 and 3?

2010-08-23T15:06:00.003-05:00

This is a popular question these days as we have not written much about these 2 projects for a while.

The RDS phases 2,3 are definitely taking more time then planned but they are well worth the wait, keeping in mind that these river and forested areas are as beautiful as they are protected. It takes a dedicated developer to make certain that they are planned just right and have the ability to build in these regions. It also takes government permissions and with this we have delays - normal for Costa Rica, frustrating for those who are waiting to build.

GOOD NEWS! These lots will be some of the last of their kind in Costa Rica and after this final title process any 5000Sq2m + size properties will be hard to find anywhere! CR's development future is small lots - so for those lucky few who own acre properties, hold on to them! Once the final plans have been approved we will be writing more about Rio's del Sol Phases 2 and 3.

Costa Rica's Lifestyle.

2010-08-21T15:56:00.002-05:00

A question we hear regularly is "what's it like to live in Costa Rica"?

This week we've had the pleasure to host an international magazine publisher Ms. Sandra Roberts (pictured here) for an upcoming lifestyle editorial on living in Costa Rica. She brought with her a writer and an acclaimed photographer to record her 7 day trip throughout the country. Playa Tambor was definitely on the itinerary but other locations including: San Jose, Escazu, Santa Ana, Salitral, Arenal, La Fortuna, Jaco, Puntarenas, Mal Pais and Montezuma were also visited.
Being in popular media circles Sandra'a hears a lot about CR and essentially wanted to see first hand what Costa Rica has to offer to women and families. This was Sandra's first time in Costa Rica and we're looking forward to her fresh point's of view on our unique country.

The 16 page editorial will be published this fall.

Rain, Rain and more Rain!

2010-06-15T09:02:00.006-05:00

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.

The Results Are In!

2010-06-11T12:33:00.007-05:00

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.

We also discussed the same type of assessment just for the Southern Nicoya Peninsula which could help get us as close to a 'crystal ball' view as anyone could get regarding the RE markets in our area. With these past and present assessments Latinamerica Title would then initiate individual appraisals for each our VDL and RDS Phase 1 properties.

After months of tight-lipped research Monterra was presented with these official assessments and appraisal information. Monterra Developers now have the most comprehensive Real Estate research assessment done in this country. This information provides us with the reality of CR's Real Estate past and what we can anticipate for the future. It also gives us solid insight for pricing of lot's, homes and farms - not to mention infrastructure costs and what our competitors are spending for their roads, water and electricity.

The best part of this study is for our property owners, pertaining to the individual appraisals done for Monterra properties. In most cases Monterra's property appraisals came in double then that of our selling prices. We can't say that we were surprised as we've done many of our own studies in this area - but it's nice to know that Chicago Title agrees with us. Please call our office to ask about your appraisal value.

For More info:

Monterra Developers / OCR Properties Group (905) 750-0010

Latinamerica Title Co. Exclusive Representative of CHICAGO TITLE CO.
San José: (506) 2256-9697
Fax: (506) 2258-2175

Why Follow Our BLOG?

2010-04-27T21:05:00.008-05:00

At the top right of this page is a place to enter you email address and then 'SUBSCRIBE'. No other personal info is required, just your email and that's never shared with anyone or used for anything else.

Every time we create a new post an email is sent to you - that happens about 3 times per month. Every once in a while we post a skill testing question about Costa Rica and if you answer correctly we ship out a Monterra Developer's shirt & hat to the winner.

We like to keep everyone visiting our BLOG informed with the latest info as it happens. Our next skill testing question is Coming Very Soon!

Thank you,
Monterra Developers,

Our last question was: What is the only true way to tell the difference between a male and female Scarlett Macaw? HINT - not the eye color.

The Barcelo Resort located in Playa Tambor has one of the world's most successful Scarlet Macaw breeding programs. It's for this reason that the Tambor area has the largest population of Macaws in Costa Rica.

(This photo was taken on April 5th, 2010 in Playa Tambor)

New Video! "Coming to Playa Tambor".

2010-04-19T17:38:00.002-05:00

Monterra's 'Rios del Sol' road construction progress.

2010-04-05T13:58:00.002-05:00

RDS's Phase 1 road construction is going as planned. The process is quite extensive with our current focus being on mitigation (protection of soil) and terracing. Most of the water registers are now installed with large underground pipes and drainage systems.

In this image you can see our use of rock and concrete that surface areas with steep inclines. This is an important process and is only found in quality mountain developments in Costa Rica - this process is necessary for safe traction and proper drainage.

Shortly we will be starting the electrical service.

They even made time for Surfing!

2010-04-02T10:51:00.006-05:00

This week Monterra's West Coast sales team made their quarterly visit to the developments.

It was a face-paced, whirl-wind trip that included visits to Costa Rica's National Registry and the Ministry offices to gather further information about Costa Rica's development processes.

The trip was not all business though and our sales team also spent some well deserved time on Isla Tortuga and found some cool waves just off the famous surfing beach of Santa Teresa.

Thanks for the great trip girls!!

Monterra's Details! The biggest difference in Quality, Value and Appreciation.

2010-03-28T12:07:00.003-05:00

This is one of Valle de Luz's wells that will be supplying homes and the commercial area of the project. Please notice the attention to detail that we put into a simple well house.
These details are important for the overall value of the project and is an early demonstration of VDL's quality.

Valle de Luz Progress.

2010-03-28T11:57:00.004-05:00

Costa Rica's New HWY is now Open! Driving time to our properties is now much, much faster.

2010-03-14T21:47:00.005-05:00

The new Costa Rica highway from San Jose to Caldera on the central Pacific Coast opened, after 34 years of planning. This 77 kilometer highway cuts the time for the trip from San Jose to Caldera from 90 minutes to 45 minutes, a major time saver. Various sections are two lane, three lane and four lane, with shoulder lanes. This opening is long awaited good news for the area. We’ve driven on some sections of the new road and the positive difference is amazing! Excellent driving conditions and offering great views of the Costa Rican countryside.

Entrance for 'Valle de Luz' Palms have been planted! Roads have Begun.

2010-03-14T21:39:00.005-05:00

Monterra Developers, Meet The Staff Video!

2010-02-19T08:20:00.002-06:00

'Valle de Luz' Approved Commercial Centre Design.

2010-02-18T07:46:00.015-06:00

As our front entrance for VDL is almost complete our focus is turing to the commercial/retail centre. We have approved this design for the right side of the property's entrance.

Jan. 27th - Monterra's Valle de Luz's entrance photos.

2010-01-27T20:24:00.004-06:00

Monterra's 'Valle de Luz' resolution is in! The National Technical Secretariat of the Environment (SETENA)

2010-01-07T15:59:00.008-06:00

'Valle de Luz' is officially underway as Monterra's now been granted final permission to proceed with our development plans in the Tambor region of Florida.

There is no way to properly explain the difficult processes, costs and time needed to achieve approvals for a development of this size and prestige. Only that it requires experience/knowledge from the best development planners and engineers in the industry.

Our team worked very hard to make certain there would not be any delays by submitting a very thorough and complete study (D1) that took more then 2 years to compile.

In addition to home sites, VDL will include a commercial centre. This landmark centre will be built by Monterra and will include a international school, wellness/medical facility, police station, 24 security offices, professional and leasable space, banking, restaurants and more.

'Valle de Luz', well drilling permits are in!

2009-12-23T09:10:00.013-06:00

Monterra is now able to start drilling more wells for VDL's potable water distribution through the development. The procedure is to drill, determine flow rate measured in 'liters per second' and water quality. Our hydrological studies determined that there is an abundance of water under this property - VDL already has a current registered well that we are dedicating to the commercial centre. The water quality from this well is excellent and has a great flow rate of 2.9 liters per second. Our Geologist, Ms. Catalina Varges determined that we need need a total of 10.28 l/s for the entire project.

Our new company video will be released this January!

2009-12-09T13:57:00.003-06:00

For the last 4 days we have been busy shooting video footage of our properties, staff and the Tambor area. We've timed the production of this video to be developed this December with a estimated release date of January 14th 2010.
We hope to create a 7-8 minute corporate video that will give our purchasers a look into our operations, focus, future and our dedication to our developments.

Special thanks to Peter Olmstead who is the hardest working videographer we've ever met.

'Valle de Luz' Progress Video

2009-10-26T11:12:00.007-05:00

Monterra's 'Valle de Luz' Entrance Starts to Take Shape!

2009-10-21T14:19:00.003-05:00

Well into the rainy season the work continues on the impressive, grand front entrance of Monterra's largest project named 'Valle De Luz'. This year the rains continue to be lighter then usual allowing construction to continue into October.

Monterra Developer's Home Builders.

2009-10-09T10:46:00.023-05:00

Time to start thinking about building.
Listed below are our recommended builders and their contact information. There are many builders available in Costa Rica but just like anywhere else you have to make certain who you are hiring. These individuals have worked with us in the past and we trust their knowledge and expertise. Their pricing is fair and their quality is exceptional. Feel free to contact them at your convenience.

Name: Jon Armstrong
Business Location: San Jose, Costa Rica
Nationality: Canadian
Language: English & Spanish
Phone Number: (506) 8320-5282
Email: marmdesco@gmail.com
Years in Costa Rica: 20

Description: Jon is a very accomplished builder who has built most of his homes in the San Jose and Santa Ana areas. His homes are traditional and very beautiful. Jon has lived in Costa Rica for more then 20 years and he brings his living experiences to his home designs and interiors.

Name: Mike Quinn
Business Location: Tambor, Costa Rica
Nationality: Canadian
Language: English
Phone Number: (506) 8856-3847
Email: mike@owncostarica.com
Years in Costa Rica: 2

Description: Mike is new on the scene for home building (He is also employed by Monterra) but his partners have more then 20 years in the industry. Mike is interested in bringing new ideas and technologies to our developments and we like they way he thinks. He has shown us that he can successfully manage building projects like our RE/MAX building and The Costa Coral Hotel. Mike is also preparing to start building model homes in Valle de Luz.

Name: German Tautiva
Business Location: Tambor, Costa Rica
Nationality: Columbian
Language: Spanish
Phone Number: (506) 8856-2381
Email: mgrupoandinosa@gmail.com
Years in Costa Rica: 15

Description: Large, spacious and considered Spanish modern, German's homes are considered some of the best in Costa Rica. He has built many homes in the Central Valley and some are available for viewing. His workmanship is exemplary and his finishes precise.
German is currently building our entrance for Valle de Luz.

More Progress as Monterra Continues Roads in Rios del Sol.

2009-09-10T14:00:00.010-05:00

Now most of the planned areas of road work in Phase 1 have been cut. We are now in the process of widening the roads and installing concrete water drainage pipes.

Mitigation (protection of soil from erosion) has started. By using these green, perforated blanket-type cloths and by planting grass seed, the soil beneath has very little chance (in the near future) of eroding and will not once the grass really takes hold. The roads are looking great and we can drive our vehicles over most of the Phase.

Work Continues in Monterra's 'Valle de Luz'.

2009-09-08T11:52:00.010-05:00

As work continues in Valle de Luz we can see the main entrance starting to take shape. Mike Quinn of Monterra says: "Since we have come out of the ground people from all over have stopped to look at the site and inquire about opportunities, property sales and jobs. It feels great to be at this stage and booming! when the global economy has clearly affected others. It's demonstrates that Monterra has the resources and experience to fully operate in times like these."

We've been a bit lucky too as the rains here have not been at their normal levels. This time last year it would not be possible to work at our current speed, as of this posting, the sun is shining and the temperature is 28 degrees. Our area is one of the sunniest in Costa Rica but we do expect heavy rainfall in October as usual.

Valle De Luz Begins! Monterra Developers Break Ground for the Front Entrance to VDL.

2009-07-25T14:58:00.054-05:00

As anticipated the entrance construction for Monterra's community development, Valle de Luz, began July 22nd 2009. A temporary workshop has been set-up and our builders are getting ready to pour concrete.
Unlike 'Rios del Sol', VDL is a high exposure and unique community that's located directly on the highway that connects both ends of the peninsula. As we continue to develop, this community will become home to many professional services and
stores. VDL will also be home to the only North American standard private school located on the Southern Nicoya Peninsula - which
will be available to all students in Costa Rica. The VDL community will also have a 24 hour medical clinic with a helipad and ambulance service. The project is divided into 2 phases which will include a Luxury Spa, Yoga Centre, Tennis and the largest Equestrian Centre on the entire peninsula. Phase 1 of VDL calls for approximately 265 home sites of which more then 100 have been reserved at this time. Mike Quinn, of Monterra Developers, has been appointed as the General Manager of this project and he calculates that the entrance will be completed within 4 months (by November 2009). Several home designs have also been selected to be built shortly after the entrance is completed. Mike will also be managing these home projects as well.

For more information, Mike Quinn can be easily reached at (506) 8856-3847

RE/MAX is officially on Board with Monterra!

2009-07-22T13:49:00.022-05:00

Mike Quinn, of Monterra Developers, has done a great job of renovating and redesigning our RE/MAX building. RE/MAX is now owned and operated by Monterra Developers but will maintain separate staff and management. RE/MAX will list/offer all different types of Properties, Homes, Farms and Commercial Real Estate from this area and will also provide escrowing services and appraisals.

In addition to the renovations we also purchased the property next door and then paved it to serve as the RE/MAX parking area. The RE/MAX building is located directly across the street from the Hotel Costa Coral www.hotelcostacoral.com also owned by Monterra Developers. The official RE/MAX website is www.remaxtambor.com and is undergoing a transformation to be fully operational before the opening.
RE/MAX will officially open September 15th 2009.
For more information please contact Mike Quinn at 8856-3847.

Monterra Developers have already moved to the upstairs offices in the RE/MAX building.

Progress Continues! Monterra's Rios del Sol Phase One.

2009-07-22T12:16:00.008-05:00

As the roads continue being developed in Phase 1 it's now time to start advancing with the water management. The rainy season will be underway soon with October having the most rain.
For the last few days trucks have been arriving on our site with our 'alcantarillas' (basically big pipes). The alcantarillas are now being installed to maintain water flows in selected areas of the rivers.

Monterra's Rios del Sol - Phase One Bridges.

2009-07-15T08:10:00.009-05:00

There are 2 bridges needed for phase 1 RDS. The first bridge is at the entrance and will expand 12 meters. The second is 500 meters in the property and will expand 6 meters. The engineering and design plans for these bridges have been completed and approved. Bridge construction will begin as our roads advance and when the weather permits. In the meantime the property is still drivable without the bridges.

For more information about these bridges please contact us at (905) 750-0010 or Ms. Nimboyore (SJO Manager) in Costa Rica at (506) 8857-8653. She can provide AutoCAD plans.

Monterra Developers and the Environment.

2009-06-23T08:34:00.007-05:00

A huge part of our responsibilities to our profession is protecting the environment. I hear many people talking about this issue in Costa Rica but without proper knowledge of this country's climate, its nature or even the legal impacts of improper development - it's difficult to really understand what Developers are really doing. Before anyone should purchase property, anywhere, I believe they should look very closely at this issue.
We use consultants to advise us in which areas will have the most and least environmental impact in our developments. If anyone would like to speak with our consultant, their contact information is posted in this letter.

Brian Hughes,

It's Easy to Do Your Own Title Search In Costa Rica! Here's How.

2009-06-17T11:14:00.011-05:00

It's fortunate that the government of Costa Rica has made information concerning properties easily accessible to property owners over the Internet. A purchaser can rest assured that their financial interests can be authenticated.

You will first need the 6 digit number that identifies the property called the “Folio Real.” Then go to the National Registry's website http://www.registronacional.go.cr/

Click on “Bienes Inmuebles” (immovable property, real estate).

Click on the word “Consultas” (inquiry) on the menu bar at the top.
Click on “Por Número de Finca o Concesión” (by number of the property concession).

You then select the name of the Province. 1 - San Jose, 2 - Cartago 3 - Heridia 4 - Guanacaste 5 - Puntarenas 6 - Limon
Then type the 'Folio' number in the area called “Finca” and click on “Consultar” (get advice).

You now have the owners information (“Proprietario”) and you just verified that it's indeed a titled property.

Also, at the bottom of the screen is the word “Gravemenes” meaning encumbrances. If there are none, then "NO HAY" will show. If otherwise you should then consult an attorney who can perform a more extensive search and explain the facts surrounding the nature of the encumbrance.
Also, by clicking “Historia,” you can learn of the history of property transfers.

Brian Hughes

Water Studies for Monterra's 'Valle de Luz' Project' in the District of Cobano.

2009-06-16T05:02:00.003-05:00

Translation:

San José, June 15th, 2009

Monterra Company
Valle de Luz Project

Mr. Brian Hughes:

I hereby certified that per request of the Monterra Company I performed the hydrogeological study for the location of water wells for the VALLE DE LUZ Project, located in the province of Puntarenas, canton of Puntarenas, district of Cóbano, located in the cadastred plan P-1257672-2008.

From the previous study it was concluded that a total extraction flow of 10.28 l/s is needed for the development of the project, as was established that the necessary water amount can be extracted from the area.

Sincerely,

Licda. Catalina Vargas Q.
Geologist #292
Environmental Consultant CI-049-2005
Phone number 2566960 or 8197766
E-mail: cava008@gmail.com

Monterra Developers and Municipal Taxes for the District of Paquera.

2009-06-16T04:43:00.007-05:00

I was asked recently if Monterra is up-to-date with our municipal taxes needed for any development to take place in Costa Rica. It was the first time I had been asked this question but it seems like good one. So I requested a letter from the municipality and posted it.

Brian Hughes

Translation:

Municipal Council
District of Paquera
Engineering Department

Certification number 072-2009

To Whom It May Concern:

The undersigned, Manuel Guerrero Gómez, national identification number six - one five two - zero nine six, of legal age, married two times, civil engineer and topographical engineer, resident of Urbanización Fiestas del Mar, house #G-18, in the district of El Roble, in the central canton of Puntarenas, as Engineer of the Municipal Council of the district of Paquera, CERTIFIES:

That the company Monterra Developer Group Limitada, tax identification number three - four six one nine six one, has fulfilled all requisites demanded by the Law of Constructions, to develop the project on the property described by the Cadastral Plan number P - 1102114, registered in the real folio number 6151331-000. Additionally, the company is up to date with the payment of taxes related to the development of this project.

This letter is issued per request of the involved party, on this 9 of June, 2009, in the city of Paquera, Puntarenas.

Manuel Guerrero Gómez
Municipal Engineer
IC. 6019

Monterra Developer's Own/Operate a Boutique Hotel in Tambor.

2009-06-10T09:43:00.072-05:00

In 2007 Monterra Developers purchased a Boutique Hotel in Tambor. Our intention was to provide room availability and quality restaurant and bar services to our clients and guests who come the area to visit. During the High Season - (December to April) the Peninsula is very busy and rooms can be tough to find especially on weekends - so to insure our clients have a comfortable place to stay we purchased "The Hotel Costa Coral'
After 2 years of renovations and a recent kitchen expansion "The Costa Coral' is 100% owned and operated by Monterra Developers and is quickly becoming famous for it's food and social settings. It also serves as an end-of-the-day meeting place for clients and staff to go over questions about their property tours with Monterra and a private location to discuss business. The hotel employs more then 20 people, year round, and we've heard that it's the best place to work in the area. Our Costa Rica staff enjoy the opportunity to speak English with our clients/friends and many of them keep in touch through email and groups like 'facebook'. We are very happy with this hotel purchase not only from a business point of view but also how it brings together many people from around the World. All property owners and staff of Monterra Developers and OwnCostaRica receive a 30% discount on all room rates - year round!. http://www.hotelcostacoral.com/

Monterra Waterfall Properties (public access). This one is in 'Rios del Sol', and is one of many on our properties in Vainilla!

2009-06-08T18:09:00.016-05:00

Thankfully, all beaches, rivers and of course waterfalls are public in Costa Rica.

I have come to learn 2 things about Costa Rican Real Estate over the years. #1, Purchase in areas where people you know are purchasing (many areas in Costa Rica are beautiful) and not where sale's agents suggests you purchase. #2. I love waterfalls! I spend more time near waterfalls and rivers then beaches. This is a great swimming place.

Brian Hughes

Monterra Developers, Your Title, Costa Rica's National Registry and How it all Works.

2009-06-08T12:35:00.029-05:00

If you want to spend your entire day just submit property ownership (Cars Too!) then Costa Rica's National Registry located in Zapote (San Jose) is the place. To verify ownership you can hire a lawyer or do it yourself from any computer but for the primary registry process you must come to the National Registry. IMAGES POSTED.
This place is the principal step in the titling process that all Developers must do in order to produce titles for clients. Fortunately we have very dedicated staff that persevere through these line-ups and submit (or request) documentation for Monterra Developers. http://www.registronacional.go.cr/principal.htm

Here is a summery of how a Monterra property is titled in Costa Rica.

Monterra locates a desirable property (Finca) we wish to develop (usually 300 acres+) RDS is 330 acres and VDL is 400 Acres.

A deposit is placed on the property. In Costa Rica, the seller transfers land to the buyer by executing a transfer deed (escritura) before a notary public.
Research and preliminary studies begin on the property (90 days is normal). Studies include - Title Research, Past Ownership, Neighbors Interviewed (if possession land), Hydrological Studies (location of potable water), Soil Tests, Seismic / Flooding Issues, Tree Identification, Roads, Water, Electricity, Communications, Location of Animal Habitats, Spring Identification, River Set-Backs, Slopes and Grades, and many more studies and evaluations as we need to understand if the property will be suitable for development before we purchase it. A mistake at this point is very costly.
Happy with the research, we purchase the property and begin cleaning the land (small brush and grass need to be cleared). This is an ongoing process and usually involves a crew of 20 for 1 month at a time.
We now design the Master Plan for development. Done by our Architects and Engineers. PROPERTIES ARE NOW AVAILABLE FOR SALE AT PRE-DEVELOPMENT PRICES!
Then we begin all thorough studies needed for development approvals. Studies are done by independent companies/agencies and government personnel and can take as long a 6 months for one study, e.g. the environmental study know as a PGE.
After all studies are finished (approx. 1 year) we submit them along with the development application to all necessary Government Agencies (e.g. La Setena) for approvals.
We wait for development approvals to be grated or denied (we normally wait up to 6 months for this 'Resolution' but the Law is 21 working days). If denied, we need to re-design and re-submit the Master Plan or we are given 72 hours to appeal the decision.
Permits Granted. By Law, we now need to escrow funds with the Government to insure we adhere to the permit requirements (a % of the development cost).
Road engineering completed (paper only) and at this point we can title but usually don't because there can still be small changes to the roads and/or bridges.
Electricity plans engineered and submitted for approval (ICE). http://www.grupoice.com/
Water Well permits submitted for approval (AyA). http://www.aya.go.cr/
Permit taxes paid to local municipalities (a % of the development cost).
Construction Begins: Roads , Water Lines and Electricity. PROPERTIES AVAILABLE FOR SALE AT A REDUCED PRICE! (less 15% of market value).
Our Engineer surveys all individual properties for each client.
Individual property surveys, known as 'Plano Catastrado's' are submitted to the National Registry ('Folio' numbers are issued) and afterwards to the local municipality offices for final stamps (this is a 14 day process - but it's normal to wait 2 months). Once stamped they go back to the National Registry one more time (2 weeks).
Monterra receives your title and makes preparation to transfer it into your name or corporation (2 weeks). AVAILABLE PROPERTIES FOR SALE AT MARKET VALUE!
Land Transfer taxes are paid by Monterra Developers.
You now have a legal title and 100% securely own a part of this beautiful Country. IMAGE POSTED.

Brian Hughes

Permits Are In! Monterra's 'Valle del Luz' gated community project is starting the Main Entrance.

2009-06-05T10:51:00.010-05:00

Located in the municipality of Cobano, and in the town of Florida, our 'Valle de Luz' project will begin with the construction of the front entrance way off the main road connecting Paquera and Cobano. The registered Well has been built and 1000' of line has been run the construction site. We are just finalized the last of our permissions, paid the taxes and approved the construction quotes. We anticipate that construction will commence by July 2009. More information and photo's will follow.

'Rios del Sol' and the Bridges.

2009-06-05T10:20:00.002-05:00

Our Phase 1 is well underway and it's now time to start planning the bridges that are needed for the project.

Mr. Manuel Guerrero is an engineer for the Town of Paquera's Municipality (the same 'Muni' that RDS is in). Mr. Guerrero is an accomplished engineer and has offered is engineering services to us for the specific task of bridge designs. Posted is a receipt with his information should anyone wish to contact him.

Our Properties and Forestry Studies.

2009-06-04T22:51:00.001-05:00

One of the many important processes involved in attaining permits to develop any property in Costa Rica is forestry studies. These studies are extremely thorough and include such things as tree inventory, GPS(ing) of protected species and identification of areas to be protected. These are very serious studies and can literally stop a project in it's tracks if the engineer feels that the development impact to the forests will be too great.
To the surprise of many new developers (inexperienced) - it may not known if there will be a serious forestry problem until the final moment when permits are given or denied (months later and $$ later). The reason for this is that it's fairly common for the engineer to keep quite about his finding's as they usually try to avoid being a messenger.
A developer needs to be familiar with the forests and regulations before buying any master property.

If anyone would like to speak to our Forestry Engineer please refer the the posted letter. It's in Spanish but so is he.

Brian Hughes

Monterra and OwnCostaRica.com Release Ocean View Lots.

2009-06-04T17:16:00.003-05:00

Located in Tambor and known as 'Panorama Ridge', Monterra Developers acquired some spectacular properties.
These lots have ocean views like we've never seen before with the highest elevation being approximately 2200 feet above sea level. They are located in mountain community that
has existing homes already built. These lots are titled with full infrastructure and are ready to build on.

Monterra Developers, Tambor - Release New Home Designs.

2009-06-04T15:03:00.007-05:00

A local Architect, Hernando Leon De Leon, contracted by Monterra has been working hard to create many new home designs that are unique to Monterra Developers and to our developments.
Prices and sizes please call our office in Canada (905) 750-0010 during business hours (Eastern)

Please not that Hernando Leon De Leon is not the official architect of Monterra Developers, only contract by contract.

Monterra Developers - Roads, Water and Electricity in Phase 1, Rios del Sol.

2009-06-04T14:22:00.004-05:00

Great News!

Monterra Developers' 'Rios de Sol' Phase 1 is currently under development. The equipment has moved in and at this time most of the roads are cut.
The completion of the roads and infrastructure should take an estimated 5 months. Home building contracts are already being initiated with the first house being about 3000 square feet which will be built on Lot 12.

For more information, or to contact our road construction company, please refer to this letter posted.

Brian Hughes

Monterra Resolution, Phase 1 and 2 from: The National Technical Secretariat of the Environment (SETENA)

2009-05-06T11:53:00.001-05:00

The master plan for Rios Del Sol, Phase 2 was rejected by 'La Setena' (The National Technical Secretariat of the Environment (SETENA) in the early part of February 2009. This was not a huge surprise to us as we met with the Setena Board in December and it was suggested that we make some changes to Phase 2. We did a presentation and demonstrated that we could successfully develop this area with less then the allowable impact. We waited for their resolution. If we would have changed Phase 2, at this time, it would have delayed Phase 1 for 6 months as the two phases were submitted together. We let Phase 2 go through the process. Currently Phase 2 is ungoing design changes and will be re-submitted this summer.

All meetings and documents with the Setena Board are public record.

One point to mention is that in the early stages of sales we blocked some Phase 2 lots just in case we were met with this situation - so even though there are more the 50 lots in the phase there are only 30 purchasers. This would allow us to reduce the number of lots in the phase (if needed) without having to displace anyone. Over time some other Phase 2 purchasers have transferred into other properties.

Phase 1 is fine and under development. As of this date Phase 3 has not been submitted to the Setena yet. Only 3-5% of Phase 3 is in the protected zone.

Posted is a copy of the original (and Public) Setena resolution for Phase 1 and 2. It's in Spanish.

Monterra Developers: Lawyer's Contact info.

2009-05-06T10:47:00.010-05:00

Not that they aren't busy enough but if anyone wishes to contact our Lawyers in Costa Rica then here is their info. They are one of the largest firms in Costa Rica and speak English too. Many of our clients use them for various services including: Residency, Corporations, Banking, and Land/Real Estate/Vehicle Purchases. If you are working with a different attorney in Costa Rica then this contact info should be forwarded to them for any dealings with us (Monterra Developers) and our properties.

Facio Abogados
Plaza Roble Corporate Center,
El Patio Building, 3rd Floor, San Rafael de Escazú. San José, Costa Rica (C.A).
Phones: (506) 2201 8700
Fax: (506) 2201 8707
E-mail: info@faciolaw.com
Web: http://www.faciolaw.com/main.htm

Lot Sizes for 'Rios Del Sol'.

2009-05-01T18:51:00.003-05:00

For Phase 1 (Rios Del Sol) we submitted a estimated 7000m2 minimum lot size because most (if not all) of the lots were Master Planned to be 7000m2 in size or larger.
After approvals, Setena can not legally change the size of 7000m2 (in any document) because that was the original suggested lot size that Monterra had submitted. But 5000m2 is the actual legal minimum size to develop in all cases with these projects and if a Developer needed too they could reduce any property down in size to 5000m2. Developing in a Country like Costa Rica needs a thorough understanding and not just an interpretation of a single document.

Becasue of this Blog I asked 'La Setena' to oblige us by writing a certification for Monterra Developers. - they were happy too. 'La Setena' letter is posted.

Brian Hughes

Titles for 'Rios Del Sol'.

2009-05-01T18:37:00.002-05:00

Titles are being issued currently. Posted is a Rios Del Sol Phase 1 titled property located on the public road in Vainlla - there are many more and all will be done shortly as promised. Also posted is photo I took on April 29th 2009 showing the continual development of the Phase 1 roads and one of the significant reasons we can title all of Phase 1. I will post infomation about Phase 2 and Phase 3 shortly.

Brian Hughes

Public Road for 'Rios del Sol'.

2009-05-01T15:13:00.005-05:00

The 'Town of Vainllia' (Phase 1,2 and 3) has allowed us to access their town water because we are on the public road. We/our clients are able to access and utilize all advantages of being on a public road. Posted is a letter from one of our consultant companies that have worked on these specific issues. They speak English.

Municipality Registry.

2009-05-01T15:04:00.002-05:00

If anyone would like to speak with our surveyor, Javier, his info is posted. He speaks English and is responsible for most of Monterra's surveying and titles.

Where is Tambor, Costa Rica?

2009-04-27T23:09:00.002-05:00

One of the comments we hear is that Monterra Developers and OwnCostaRica are developing Tambor, Costa Rica when really our projects (towns of Vanilla and Florida) are some 4-6KM away from Tambor's town.

Over 2.5 years ago we arrived in the area known as 'The Tambor Area' made famous by The Barcelo Resort http://www.barcelo.com/BarceloHotels/en-GB/Hotels/CostaRica/PlayaTambor/TamborBeach/Home.htm and the Residential Development know as "Los Delfines' http://delfines.com/

Over many years Tambor has become an icon for the southern Nicoya Pennisula and even more so what is reffered to as 'The Tambor Area'. There are 2 passanger/automobile ferrries that operate from Puntarenas to Paquera (29KM away) that are named the Tambor 1 and the Tambor 2. They are operated by The Barcelo Resort to make it easier for Costa Ricans and Tourists to drive to the resort as opposed to flying. The Barcelo offers more then 400 rooms and can be extremely busy at times. If you choose to fly to the Tambor area, even if you are travelling more then 50KM away from Tambor, you will need book your flight(s) to the Tambor airport because it's the the only airport in the southern Nicoya Peninsula. There are many scheduled flights per day leaving from San Jose to Tambor. It's all about Tambor!

It's so easy for everyone to refer to the area as Tambor when really there are many small villages and towns in the surrounding areas. I would guess that there are more then 100.
In addition to Tambor some other famous areas located here on the pennisula are Mal Pais, Montezuma, Cabuya, Santa Teresa, Paquera, Cobano, Curu (private park) Cabo Blanco (national park), and many more. They are anywhere from 10KM to 30KM away from Tambor, and when speaking to first-time visitors, many of those area's promoters refer to their area as Tambor, as well, because it's quickly identified.

Like many people on the peninsula we use the Tambor area as a point of location to identify where our developments are relative to other Costa Rica's RE promoters. It's accurate and everyone either knows where we are or they can easly Google the area.

One more thing, We own and operate a hotel http://www.hotelcostacoral.com/ in the town of Tambor and our Monterra offices are here too. We just purchased another building and RE franchise in the town of Tambor and we currently hold many titled properties, also directly in the town Tambor. Tambor is our home - our clients support our community and the surrounding area as we do.

Brian Hughes, Senior Partner OCR Properties Group Inc. / Monterra Developers Group LTDA, Costa Rica International OfficeTel.: (905) 750-0010 Fax: (416) 981-7147

Monterra Developers. Vetiver Used As Soil Retention.

2009-04-24T18:34:00.022-05:00

Our focus is Costa Rica and we have many projects here. One location that we are developing is the Jaco region or more specifically Playa Hermosa.
I have just returned from our project there - one of my regular inspection visits, and had the opportunity to photograph some our development work.

Tambor is new for us and we have just begun to develop roads in our Phase One project located in Vainilla a short distance from Tambor, but we have been busy in other areas too. Our Jaco project/properties are now fully titled and have roads, water and electricity. We have excavated building sites on each lot and planted more then 80,000 grass plants called Vetiver. http://www .vetiver.org

Vetiver is expensive but it works and is world famous for it's ability to hold soil and protect it from erosion. We plant Vetiver in rows similar to hedges and set-up temporary irrigation systems that operate until the roots system fully take. In many cases Vetiver is more effective then gabion baskets as it catches and slows down water. Water speed equals erosion. We will be using Vetiver in our Tambor projects - Phase's 1,2 and 3.

I also went to Jaco check on our roads and gutters as they have been completed just recently. We construct the maximum width allowable to handle Costa Rica's heavy rainy season and also form very large registers to channel water under the roads to safe and legal runoff areas.

If anyone would like to look at this project and see just what Monterra Developers have done recently, call our office and we will arrange it.

Brian Hughes

Monterra hosts the Vainilla Christmas Party.

2009-04-06T15:42:00.001-05:00

The Town of Vainilla has many parties over the course of a year but our Monterra Christmas party is unique to us. The party is held every year to show appreciation to our employees and their families. Everyone from the town and the surrounding areas are invited. We purchase and wrap gifts for all the children and have Santa personally hand them out. All the food and beverages are purchased by Monterra and served by our staff. Clowns and a music band are hired and prizes are given out. Monterra chooses the date and all expenses are happily paid by us, and even some donations from clients. All in all it's a lot of work but we love it.