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$100 Million Investment to Re-Imagine 1,400-Acre Peninsula Papagayo

Peninsula Papagayo, Costa Rica - Aerial view

Peninsula Papagayo, Costa Rica

Latin America’s Premier Residential and Resort Destination to Undergo Initial Capital Improvements Project as Part of Major Transformation Featuring Renovated Four Seasons Resort Costa Rica, First-Ever Peninsula Amenities, Expansive Network of Nature Trails and Only-Here Explorations

Gencom today announces a more than USD 100 million investment toward a major transformation of Peninsula Papagayo, a 1,400-acre premier residential and resort destination in the Guanacaste province in northwestern Costa Rica. Beginning in December 2017 with the debut of the re-imagined Four Seasons Resort Costa Rica, this investment will signal the launch of a long-term plan to connect and celebrate the sprawling peninsula from end to end for the first time, bringing an unprecedented new level of meaningful eco-luxury and transformative experiences to the Americas.

“We are deeply proud and excited that our vision for the evolution of Peninsula Papagayo will give discerning travelers and homeowners compelling new reasons to discover Costa Rica as an enchanting and unparalleled luxury gateway to the Latin America region,” said Karim Alibhai, founder and principal of Miami-based Gencom. “As we invest in carefully shaping and preserving Peninsula Papagayo as an eco-rich paradise for generations to come, we look forward to also defining and bringing great awareness to the meaningful ultra-luxury segment of Costa Rica’s thriving tourism and real estate industries.”

With the completion of this upcoming capital improvements project, homeowners, resort guests and visitors to Costa Rica will experience the natural wonders of the 1,400-acre biodiverse peninsula through a combination of new builds; major enhancements including the multi-million renovation of Four Seasons Resort Costa Rica; first-ever Peninsula Papagayo amenities; transformative only-here explorations; and an ongoing focus on sustainability and wellness including a peninsula-wide network of more than eight miles of nature trails designed to integrate man and nature and help preserve one of the most extraordinary biological corridors on the planet.

“The momentous enhancements underway at Peninsula Papagayo are significant not only to Costa Rica’s flourishing tourism industry that is important to the economy, but to the country’s position as a thought-leader in the preservation and celebration of the native landscape and authentic local culture,” said Manuel Ardon, chief operating officer of Peninsula Papagayo. “As a native Costa Rican, I am very grateful that the vision for Peninsula Papagayo will bring more travelers from around the world to discover the peninsula’s 1,400 acres of incredible biodiversity and eco-rich land.”

This significant investment toward the continued transformation and preservation of Peninsula Papagayo will include:

Peninsula Papagayo is located 30 minutes from Liberia International Airport, which offers more than 100 weekly flights seasonally from major cities in the U.S., Canada, U.K. and across Central America. It is home to 11 miles of dramatic coastline, eight miles of majestic bluff edges, seven sandy beaches and one of the few tropical dry forests on the planet.

Posted by on July 11, 2017.

Categories: Development

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