No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveEx-presidential candidate Antonio Álvarez linked to purchase of protected land in Panama

Ex-presidential candidate Antonio Álvarez linked to purchase of protected land in Panama

A former National Liberation Party presidential candidate and current campaign manager of San José Mayor Johnny Araya, Antonio Álvarez Desanti, denied on Monday that he had acquired more than 600 hectares of protected land in Panama in an irregular deal.

Panama’s daily La Prensa reported Monday that more than 2,000 hectares of protected land owned by indigenous Ngäbe Buglé people were sold in “suspiciously fast” transactions.

Desanti, a Liberation candidate for lawmaker in upcoming 2014 elections, allegedly bought 685 hectares in which he plans to invest some $40 million, according to La Prensa, which added that the properties were first acquired by Panamanian lawyers Elvisilda Martínez and her husband, Francisco Castillo, at costs as low as three cents per square meter. They then allegedly sold and registered the land in record time.

Ngäbe people in the area told the newspaper they were tricked into signing documents that listed them as investors in development projects. The documents they actually signed were for sale of the land.

Many local residents said they spent several years unsuccessfully trying to obtain property titles for the land, yet the lawyers managed to do it in record time and at extremely low price, turning a profit of millions of dollars.

The 685 hectares in question are owned by a corporation called Desarrollo Ecoturístico Cañaveral, chaired by Antonio Álvarez Desanti and his wife, Nuria Marín.

The Ngäbe Buglé region is a protected area for its high biological value, as it has a rich biodiversity of plants and animals, including various endangered species.

Trending Now

Drone Video Captures Massive Dolphin Pod Moving Past Drake Bay in Costa Rica

A drone video showing a massive pod of dolphins moving just offshore of Bahía Drake on Costa Rica’s Osa Peninsula has gone viral on...

Home Invasion Forces Canadian Visitors to Leave Costa Rica

A Canadian couple from Nanaimo shared details of an armed home invasion that cut their vacation in Costa Rica short. Louise Fleming and Drew...

Costa Rica Cancels Planned Three-Week Closure of Route 243 Bridge at La Palma

Costa Rican Authorities changed course on road works along Route 243 near La Palma. They canceled the full closure of the section over the...

El Salvador Hands Down Sentences of Up to 300 Years

A court in El Salvador sentenced 39 members of a criminal gang to prison terms of up to 300 years for murder and multiple...

Costa Rica Backs Grynspan to Lead United Nations Starting 2027

Costa Rica formally entered former Vice President Rebeca Grynspan into the race for United Nations Secretary-General on Tuesday. The government sent a diplomatic note...

Costa Rica Closed 2025 with 98.6 Percent Renewable Electricity Generation

Costa Rica generated 98.6 percent of its electricity from renewable sources in 2025, marking a strong rebound from the previous year's challenges. The Instituto...
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica