Costa Rica Real Estate Investment - Going Green Makes Sense

Costa Rica, the country where ecotourism was born,we could of the pre-existing landscape. We then
may well be the country where ecologicallydesigned ecological corridors, or bridges, over the site
sustainable building becomes the standard. Not onlyso that internal roads would not disrupt the habitat of
does this make good environmental sense, it isthe howler monkeys that live on the property, and
increasingly what prospective buyers prefer.they could move from one feeding area to another
"My clients are looking for properties in Costa Ricawithout having to leave the trees." Green areas
that help preserve the very things they fell in loveoccupy 7 of the project's 31 acres and include an
with in the first place here: the natural beauty, andaviary as well as orchid and butterfly farms.
the incredible variety of plant and animal life," saysMany of today's developers are already taking steps
Diego Quesada, co-owner with Mike Fonseca of thein the right direction with features such as a
Intl-Investors Group (wastewater treatment plant that restores all water
This growing market preference generatesfrom domestic use to over 95% purity where they
momentum for the routine implementation ofthen use that water for irrigation. Rainwater capture
measures by private developers to protect and evensystems to conserve excess water from the green
improve Costa Rica's rich and diverse ecologicalseason along with other measures such as the use of
heritage, to be good stewards of Costa Rica's naturallow-water toilets, front-loading washers, and compact
"golden goose." That, in essence, is what "sustainablefluorescent light bulbs show how simple and easy it
building" or "ecodevelopment" is: a strategy to lessencan be to produce significant energy and water
the negative impact of human habitation on thesavings
natural world that incorporates a comprehensiveOne of the area's largest developments, Hacienda
series of considerations into the planning andPinilla just south of Tamarindo recently earned
execution of housing and other facilities.certification as an "Audubon Cooperative Sanctuary"
How? Some of the measures make obvious goodin recognition of its efforts to preserve the local
sense, such as minimizing the energy costsecology, including leaving large tracts of tropical dry
associated with the routine use of the building overforest on the 4500-acre property undisturbed. The
time through insulation and the incorporation ofnearby Sea Breeze Mountain, a low-density gated
natural means of lighting, heating, and/or cooling;community between Tamarindo and Junquillal,
protecting and restoring air and water quality andfeatures its own well and windmill-driven water
indigenous biological diversity; and designing with andelivery system. Nature trails wind through a 60-acre
eye to the relationship between the building, the"reserve" of undisturbed forest.
contours of the land, and the habitats that surroundThe 2300-acre Reserva Conchal Beach and Golf
it. Other recommendations are more subtle, such asResort has set aside 700 acres of forest and 95
choosing building materials based on theacres of mangrove wetland as a wildlife refuge and
environmental impact of their production andresearch center in association with the Costa Rican
installation; supporting non-fossil-fuel-dependentMinistry of the Environment. Landscaping in the
activities by installing hike, bike, and horse trails andresort, residential areas, and on the golf course favor
even adapting the project to the livelihood andnative plants, this translates into lower maintenance
development aspirations of the local community.costs and less dependence on year-round irrigation.
Experts on sustainable building agree thatBuildings have been designed to take advantage of
ecodevelopment makes good economic sense forfeatures such as shade, wind, and sun for natural
everyone involved. "Most green buildings arelighting and ventilation, and riding and hiking trails are
high-quality buildings; they last longer, cost less topart of the project's 25-year plan. Reserva Conchal
operate and maintain, and provide greater occupantBeach and Golf Resort has reached out to the local
satisfaction than standard developments," says Dr.community by organizing volunteer fire brigades,
Sam C.M. Hui, a leading researcher and author ofenvironmental education courses, job training, and
Sustainable Architecture. "Sophisticated buyers andprograms for youth.
lessees prefer them, and are often willing to pay aTierra Pacífica Environmental Estates in
premium for their advantages."Junquillal is similarly ambitious in pursuing sustainability,
This doesn't mean, however, that sustainable buildingseven linking the project's design and implementation
must be more expensive. According toto an ongoing series of on-site courses offered by
Olivier Luneau of the United Nations Sustainablethe University of Vermont on issues related to local
Building and Construction Initiative, "To achieveecological restoration and entrepreneurship. Members
improved energy efficiency in buildings you often doof Tierra Pacífica's management team include
not need to use advanced and expensive high-techTom Peifer and Will Raap, respected leaders in the
solutions, but simple solutions such as smart design,sustainability movement. The development features a
flexible energy solutions, and provision of appropriatewetlands-based storm water retention system, the
information to the building users."organization of a farming cooperative for organic
More and more area developments are incorporatingfruits and vegetables, and an on-site nursery for the
principles of sustainable building into project design.regeneration of local flora.
Says Robert Irvin, developer of The Oaks in"It's exciting to see these important innovations
Tamarindo, "We began our conservation effort atalready in the market, and setting a precedent for
The Oaks with something simple. Instead of clearingfuture development." says Diego. "After all, keeping
the site for construction like so many developers, weCosta Rica beautiful and healthy is in everyone's best
preserved over 70% of the trees...providing naturalinterest.
shading for the buildings and preserving as much as