By Karen Retana. La República, Saturday, March 8th, 2008 Zeta Group put on sale the first model condominium of Jaco Bay Resort and Condominiums project. The First tower of apartments will be delivered next May.
The project represents USD$100 million investment and includes the construction of seven towers of condominiums, a commercial center and a hotel of the Ramada International chain. ¨The deliver of the apartments will be made staggered until concluding the project, by mid 2009¨, indicated Cesare Zingone, president of Zeta Group.
Jaco Bay will offer 266 condominiums of two and three rooms, and penthoses of four rooms, with views to the Pacific Ocean. The prices are between the $290mil for those of two rooms and $1.2 million for penthouses. Each apartment will be given furnished and equipped with a contemporary and minimalist decoration. Although the construction costs have increased ,the company is working efficiently to offer competitive prices,with an 85% financing, Zingone said.
On the other hand, the residential complex will offer amenities like swimming pools a bar, farms for barbecue, gymnasium, restaurants and a center of businesses. In addition to the service of security the 24 hours, maintenances, Wifi connections, maintenance and real estate rent. According to Zingone¨Until now, 70% of our customers had been North American, of the United States and Canada and the rest is national".
Part of the factors that impelled the investment decision of Zeta Group on Jaco are its i proximity to San Jose, the existence of a marina, services and established infrastructure, as well as a regulating plan that allows to construct in height.
Zeta Group is a real estate company with more than 50 years of experience in large scale real estate development in Europe and Central America. For this project, Zeta Group has team up with companies like Euromobilia and Altea, RCI, Ramada International and the banks HSBC and Cuscatlán.
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