No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveOsa Developments To Be Investigated

Osa Developments To Be Investigated

The Comptroller General’s Office has demanded that the OsaMunicipality investigate activity associated with a series of concessions granted to four Costa Rican corporations along the southern Pacific coastline.

The daily La Nación reported that one of the companies, Punta Dominical, S.A., had allegedly used government housing bonds in its efforts to obtain concessions on land in Domicalito, near Dominical, between 2000 and 2004, as part of a complicated series of transactions meant to remove residents from the region’s Maritime Zone.

The country’s Maritime Zone, a coastal strip within 200 meters of the sea, is known as concession property, and is available for development under long-term lease with the corresponding municipality.

The La Nación report indicated that some of the residents, among them fishermen, occupied the land illegally, but had recently applied for concessions. According to residents’ allegations, the housing bonds and “pressure” were used to get them to drop their concession applications and move off the land.

The Comptroller’s request, which was labeled confidential, names a series of concessions to be investigated, at least one of which is owned by the Punta Dominical development, according to Osa Mayor Jorge Cole.

On its Web site, Punta Dominical calls itself the “largest real estate developer in the Southern Pacific zone of Costa Rica,” and claims to be the “largest landowner in the Dominical region, with over 2,000 acres under careful control, to keep the character of the place intact.”

Punta Dominical pre-sold its first group of 30 condominiums in one day June 14 for a total of $9 million. Four Costa Ricans, 25 U.S. citizens and one Canadian purchased the future condos (TT, June 22).

 

Trending Now

Amazon Bazaar App Launches in Costa Rica with Products Under $10

Amazon rolled out its new Amazon Bazaar app here in Costa Rica giving shoppers access to thousands of low-cost products in fashion, home goods,...

Costa Rica Tops Latin America in Electric Vehicle Adoption

Electric vehicles hit a milestone in Costa Rica last month, claiming over a quarter of all new vehicle registrations for the first time. Data...

Alaska Hawaiian Airlines Revise Surfboard Policy for Costa Rican Surfers

Alaska Airlines and Hawaiian Airlines have rolled out a revised baggage policy that simplifies carrying surfboards on their flights, a change that stands to...

Costa Rica vs Haiti in Curacao, Then Honduras in San Jose

Our national soccer team faces a defining week in their push for the 2026 World Cup, starting with a matchup against Haiti in Curacao...

Costa Rica’s Route 32 Shutdown Drags On Amid Weather Delays

Drivers on Route 32 face more uncertainty today as the Ministry of Public Works and Transportation (MOPT) holds off on announcing when the key...

Panama Again Delays Trial of Ex-Presidents to 2026

The trial scheduled for next week of former Panamanian presidents Ricardo Martinelli and Juan Carlos Varela over the alleged receipt of bribes from Brazilian...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica