The World Bank agreed to extend a $72.5 million loan in late 2007. This will be used to revitalize Limon. The government plans a $600 million modernization of the ports of Moin and Limon. Moin is a stopping point for cruise ships. By 2013, the government expects 500 cruise ships per year. Moin currently gets 250 cruise ships per year.
Moin has a Caribbean charm, but not much in the way of amenities. The $40 million marina development of Moin includes a 500-slip marina, two breakwaters, a shopping center, 800 homes, a yacht repair area, and a luxury hotel.
The marina will change this sleepy Caribbean outpost. How much? Consider Los Suenos on the Pacific side of the country. This was Costa Rica’s only private marina. When it was developed, the area boomed. That will happen on the Caribbean side. Expect to see cafes, restaurants, bars, and boutiques springing up in Moin and its surrounding areas. Expect to see prices rise, reflecting the pricing of the marina residences. This all according to the website, www.Internationalliving.com
2 responses so far ↓
Kevin // May 13, 2009 at 8:02 pm |
Hey Toby, I like the blog. I have been keeping up with some of your land offerings through puertoviejogroup.com and thought I’d catch up with what’s going on here. I lived in Costa Rica between 2002 and 2004 and just took a trip down there a couple months ago to look at some properties. I wish I would have known about your business when I was there. Anyway, good luck with the blog. It will catch on.
facelift san jose // May 27, 2009 at 2:00 am |
If realtor.com does not innovate and continues to lose market share, and home searches continue to migrate to the web, at what point do the realtors get restless with the conditions that realtor.com puts on them and flee the site?