This will prove to be one of the largest property auctions in Latin America.  I will be sure to follow this.

In an event exclusively for qualified investors, the Hacienda Pinilla resort complex in Costa Rica, which measures 1,800 acres and has hotels, a golf course and residential communities, will be auctioned.

The U.S. company United Country Real Estate, in partnership with Colliers International, will perform the live auction on Nov. 15 in Dallas, Texas. The event will be for qualified investors who have been invited to participate.

Dan Duffy, president of United Country, did not give details of the price, which will be determined at auction.

“However, some calculations can be made.
According to Danny Quiros, intelligence manager at Colliers International Costa Rica, the price per square meter in the Santa Cruz ranges between $90 and $110.

This means that the transaction could exceed $1.8 billion, if you take as a basis a cost of $100 per square meter. This, does not include the value of what has already been built”, reports Elfinancierocr.com.

Source: elfinancierocr.com