Pacific Blue Development Information

Location… Pacific

Blue is located in the

village of Tambor on

the southern tip of the

Nicoya Peninsula in

Costa Rica. It is

known for being one

of the worlds largest

Blue Zones. It also

features some of the

best beaches and Golf

courses in Costa Rica

Tambor is easily

accessible by car, ferry

or airplane. This

location is poised for

tremendous growth.

A short walk to most amenities,

including many beaches, water

sports, golf, gourmet food and

shopping

Custom home sites blend

harmoniously with the environment

lending a healthier lifestyle to its

privileged residents

Fully-serviced lots – starting from ¼

acre in size – feature natural winding

roads, renewable electricity and fresh

spring water flowing from your taps

Private Nature reserve

Gated Front Entrance

Pacific Blue Highlights

Development… If you are looking for one of Costa Rica's hottest real estate investments, or

vacation income properties in a beautiful resort destination, then Pacific Blue Community is your

ideal location.

Pacific Blue … This peaceful eco community, nestled in between the Luxurious Tango Mar Beach

Resort and the picturesque mountains of Tambor; it weaves its way through 32 acres of tropical

forest. At every turn is a breathtaking view of lush mountains, flora and fauna.

Partners… Own Costa Rica (―OCR‖) / Monterra Developer Group LTDA (―Monterra‖)

OCR has been representing Costa Rican properties since the year 2000. OCR is proud to have the

exclusive sales license for all Monterra properties. Monterra develops tropical and exotic property

located in the Tambor region of Costa Rica. The properties come fully serviced with roads, water,

and electricity. Monterra’s projects strike a balance between luxurious tropical living and

environmental responsibility. Combining conscientious design and building practices with leading

edge technology, our developments deliver comfort and convenience to our clients while enhancing

the surrounding community and environment.

Development Description

Prices…Lot prices range from $59,000 USD to $97,500 USD. There are no closing costs.

Financing… OCR offers in-house property financing of up to 80% of the lot purchase price to its

clients without a credit check. Terms are up to 5 years at an annual interest rate of 5.5%. This loan is

open and can be paid off at any time without penalty or further interest. Payments can be made

monthly or quarterly. If owners prefer a more traditional mortgage, they may arrange for an equity

mortgage or second mortgage on domestic assets.

Payment Schedule from the date the $500 USD reservation fee is received:

Within 7 business days, a 10% down payment made payable to OCR Properties Group Inc.;

Within 90 days, a second 20% down payment is required; and,

Within 120 days, payment full is due or financing payments begin.

Gated Entrance… Pacific Blue will feature a gated entrance.


Nature Reserve...Wake up surrounded by paradise next to your private nature reserve. Enjoy the

abundant animal, bird, butterfly and floral species that call this reserve home.

We've allocated this nature reserve for all our residents to enjoy and explore. Walk the nature trails in

our area, visit the waterfall, or take a short walk to the white sands of Tango Mar Beach.

Lot Sizes… Lots range in size from ¼ to ¾ of an acre.

Elevation… The community is located 200 to 300feet above sea level (75 to 100 meters).

Infrastructure… All of the properties will be fully serviced with roads, water and electricity. This

infrastructure is included in the lot price.

Water… Crystal clear, natural spring water will be drawn from our community’s Artesian wells

using a clean energy source. The water is potable (drinkable). There will be a nominal $5.00 charge

per month for water.


Waste… Waste pick-up is optional. If the homeowner chooses to arrange for waists pick up the cost

will be approximately $20 USD per month.

Sewage… Each custom-built home will have the option of our exclusive seven phase, state-of-the-

art waste management system—the benchmark in environmental conscientiousness and efficiency.

The system requires no septic sludge removal and does not require pumping. The purchase cost is

approximately $7,500 USD and this is not included in the price of the property. In Pacific Blue

traditional waste disposal systems will be permitted but maintenance will be the responsibility of the

owner.

Phone … Telephone service will be available to all homes. It will be the home owners’

responsibility to coordinate services with the phone company.

Internet… DSL High-speed internet access will be available to all homes. It will be the home

owners’ responsibility to coordinate services with the internet provider.


Amenities… Pacific Blue will also include many common areas such as a Kids Playground & Park

Area, Yoga Studio, Gated Entrance, Private Nature Reserve.

Building Guidelines… Homeowners can build up to 40% of the total area of their property. For

example, a ¼ acre equals 10,000 square feet, the largest home that can be built on a ¼ acre lot is 4000

square feet. Homes must be a minimum of 1000 square feet and home designs must be approved by

Monterra in order to maintain the community aesthetics. Design approval will not be unreasonably

withheld. A second story may be built.

Approximate Building Costs…

$100 to $125 USD /square foot, depending on the lot topography and finishes chosen;

$15,000 to $25,000 USD for a custom built pool; and,

$35.00 USD per square foot for a patio and outdoor living area.

Building Deadline…Owners must build a home before January 1, 2020; If lot owners choose not to

build a home Monterra will require that the owner sells their lot to someone who is prepared to build.


Choosing the green alternative … Connected by natural roads that are uniquely engineered for use

in a mountainous tropical environment, the fully serviced Estates will feature overhead power cables

running 94% renewable energy. Electrical wire is dangerous to wildlife, as the indigenous monkeys

or Scarlet Macaws could be electrocuted; so Monterra will only use a very expensive – and rarely

chosen – specially-shielded wire throughout the development. Pacific Blue clients also have the

option to go off-grid by utilizing wind, solar and other green technologies.

Property Management… Pacific Blue will have the option to utilize the Valle de Luz on-site

property management. The property management team can arrange for expert gardeners and

domestic help at a fraction of what you would pay in Canada or the USA. Monterra can also find

suppliers of fresh seafood, free-range meats and organic fruits and vegetables and have these

products delivered to your home in Pacific Blue.

Property Tax… Property taxes are approximately $150 USD per year for raw land. Once a home is

built, property taxes are approximately $350 USD per year. Property taxes commence once property

title is issued. OCR will pay your property taxes to the municipality and bill you or your corporation.


Maintenance Fees… An annual fee of $300 USD is payable to Monterra for lot maintenance.

Corporation Costs… Incorporation fees are approximately $500 USD and arrangements may be

made with Monterra’s legal team in San José.

Local Amenities… Pacific Blue is strategically located within a 5 to 10 minute walk to countless

activities, important amenities and many other services. Stunning beaches, golf courses, Spas,

gourmet restaurants and water-based activities are only a few of the many nearby conveniences our

discerning clients expect.


Contact Us

[email protected]

International Mail/ Courier Address

C/O OCR Properties Group

14845-6 Yonge St., Suite 122

Aurora, ON CANADA L4G 6H8

Canada/USA Tel.: 1 (877) 313-3336 Costa Rica Tel: 506-8820-5899

At Monterra Developers, our projects strike a balance between luxurious tropical living and

environmental responsibility. Combining conscientious design/build practices with leading edge

technology, our developments deliver comfort and convenience to our clients

while enhancing the surrounding community and environment.

Pacific Blue Development Information

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