Premier Active-Adult / Resort-Style Communities
THE PALMS PRIVATE RESIDENCE CLUB - Playa Flamingom, Costa Rica
By Scott Kauffman
The North Pacific area of Costa Rica has been the most popular destination for Americans to purchase second homes for their families. The tropical country has become a favorite destination for tourists and retirees, and an intriguing market for real estate investors. Now there is a new real estate option available for buyers
Situated on Costa Rica's most exclusive beach Playa Flamingo, The Palms is only 45 minutes from Liberia International airport and 25 minutes from Tamarindo. With world-class architecture and amenities, owners are just footsteps away from the white sands of Playa Flamingo and have an abundant amount of activities at their fingertips including scuba diving, snorkeling, fishing, surfing, and more. There are no new developments in this region of Costa Rica and at this time none are planned.
Additionally, there is no other property in Costa Rica that has access to a pristine and private beach like The Palms. Many of the beaches have public roads between the hotels/developments and the beach.
At The Palms, there is nothing separating the property and the beach. With the Four Seasons Costa Rica residence club sold out, this is the onl
y other intriguing option available for potential buyers to purchase a slice of paradise in Costa Rica.
Since The Palms is a private, member-owned residence club, it's designed to offer owners unlimited, flexible usage of the Club's luxurious furnished Villas and variety of amenities. Each of the 32 residences on the ocean's edge offer 2-story, 2-bedroom villas with 2,300 square feet of living space and panoramic Pacific views. Ownership starts at $129,000 for luxurious two-bedroom, 2,300-square-foot villas.
The Palms Private Residence Club. Bob Spence, owner and CEO of Spence Enterprises LLC, discovered the property in 2005 and knew it had great potential for a second home destination with its prime location on the exclusive Playa Flamingo Beach on the Northwest coast of
Costa Rica. The Palms now features the finest touches that are expected in a second home.
"The Palms is one of the most special places in the world and we developed it to the highest standards so that our owners may enjoy Costa Rica as much as my family and I do," said Bob Spence, Owner and CEO of Spence Enterprises LLC. "It’s much more than a development — it's a home away from home and our owners continue to have unforgettable experiences each time they visit."
The company purchased five properties in Costa Rica, and of the five, The Palms is considered its crown jewel. The 32-Villas at The Palms boast 2,300 square feet of living space with two-bedrooms, three-bathrooms, a dining room and an expansive kitchen with a Sub-Zero refrigerator and Viking appliances.
A spacious living room opens to a large terrace that is only a few steps away from the infinity-edged pool and white sand beach. Each Villa sleeps six people comfortably and owners can travel with a large family or a few couples.
Villas at The Palms started for sale under both whole ownership and Private Residence Club Ownership. Whole ownership is available starting at $1.2 million. Private Residence Club Ownership is available at 1/8th at $149,000 or 1/10th shares at $129,000.
Spence, fell in love with Costa Rica¹s Gold Coast many years ago during a trip with a personal friend. The company purchased five properties in Costa Rica, The Palms, being its crown jewel. All five Costa Rican properties are premier, rare, and privately-titled Pacific Ocean beachfront properties. Mr. Spence prides himself on developing all of the properties to the highest standards so that their owners may enjoy Costa Rica as much as he and his family have over the years. Over the past 40 years, Mr. Spence has been a successful businessman, investor and real estate developer. Spence Enterprises LLC owns a number of diversified business interests and its operations include properties in the United States, Australia, and Costa Rica.