CRDG builds luxury ocean view & beach front resort lifestyle communities infused with Costa Rica’s vibrant, tropical spirit.
CRDG is a results oriented and visionary real estate development company committed to building ecologically-respectful, luxury residential resort properties and resort condominium communities in Latin America.
CRDG signature developments offer exclusive, ready-to-build home sites, high-end condominium residences in master-planned communities that provide owners every amenity required for the best in tropical resort living. CRDG provides comprehensive services to help individuals realize their real estate and investment goals.
Along with a genuine passion for Costa Rica’s wonderful lifestyle, each member of the CRDG team brings a wealth of experience and proven successes in high level construction, project management, marketing and real estate development in Costa Rica and in the United States.
Why CRDG?
Quality performance and quality product is integral to CRDG’s mission. High standards and commitment to each client and every project is real. Count on CRDG for:
Quality: CRDG’s communities and people are first class and in Costa Rica’s fast evolving real estate market that is important. CRDG is proud to demonstrate that to any potential investor.
Experience: CRDG principals have an impressive record of successful real estate development
in Costa Rica.
- In 2004, after a detailed evaluation of Hawaii, Mexico, Bahamas, Bermuda and the Caribbean, CR Development Group makes its first investment in Costa Rica
- CR Development Group (CRDG) moves to Costa Rica full time in 2005
- In 2005, CRDG acquires 140 acre parcel known today as Coco Bay Estates
- CRDG sources engineers and other elements of project management with experience, among others, building the largest, most successful, luxury development today in Costa Rica, the Peninsula Papagayo and Four Seasons Resort
- CRDG establishes a group of advisors and support network ranging from top political figures in Costa Rica, business leaders, banking leaders and top echelon at the US Embassy
- CRDG has completed due diligence, acquisitions and option agreements on multiple properties and resorts ranging from one acre parcels on the beach to an $80,000,000 existing 5 star resort
- CRDG targets two primary businesses: Land Development and Hospitality w/ the following web addresses: www.crdevelopmentgroup.com www.cocobayestates.com
Commitment: CRDG is based in Costa Rica; company principals live in Costa Rica and are closely involved with the success of each project.
Stability: Costa Rica's real estate market is funded by private capital and foreign buyers. Whereas the market in the United States is critically dependent on high leverage financing products, institutional financing and the job market, all of which have been recently decimated.
During the first six months of 2008, despite slowing US economic growth, as well as rising global food, fuel and airline prices, international arrivals to Costa Rica increased 12% over the same period last year. This statistic follows a ten year compound average growth rate in arrivals of over 9%, and there is expectation for the trend to continue.
With the expected explosion of retiring baby boomers, demand for property in Costa Rica , one of only few world "Blue Zones", is poised for long-term growth driven by lifestyle, climate and health care.
Other popular markets like Mexico are less attractive due to high prices, taxes, corruption, instability and crime.
Increase in taxes, general cost of living and health care cost in traditional retirement markets like California, Arizona and Florida make Costa Rica the standout choice in a growing movement towards being a global citizen.
Knowledge: CRDG’s professional team has solid Costa Rica expertise and works effectively with local municipalities and government regulations. The CRDG team can take you seamlessly and reliably through every step of buying and building in Costa Rica.
Community builders: CRDG’s extensive Home Owners Association and Investor Communications expertise is directed toward creating ideal communities and happy investors.
Community participants: CRDG team members live in Costa Rica and are actively involved in community service and municipal and government initiatives that protect the quality of life found in Costa Rica.
Commitment to Costa Rica: The founders of CRDG are committed to stewardship of Costa Rica’s resources and have organized the Costa Rica Foreign Investment Group (CRFIG). CRFIG is comprised of a select group of leading Costa Rica developers. This council will:
- strengthen mutual commitment and planning which supports long-term, sustainable growth in Costa Rica;
- seek to understand real local needs and effects of direct foreign investment in the local communities;
- consider and address solutions to challenges of Costa Rica’s hyper-growth development market;
- offer jointly considered recommendations;
- liaise with local municipalities and national government resources to help establish and define a path for responsible and intelligent development in Costa Rica; and
- build a stronger voice in national and international policies.
CRDG incorporates advanced construction standards and respectful stewardship of the land to protect and enhance the value— and beauty of the development for everyone involved.