Marazul gets a mention in the International Herald Tribune blog: Spotlight on Costa Rica—Projects with tropical flair.

“Costa Rica is the granddaddy of the Central America vacation home scene. It was attracting hordes of U.S. retirees with the promise of tropical paradise and sandy beaches in the Eighties, posting huge run-ups in prices long before Mexico, Panama and Belize started rolling out mass quantities of high-end resorts.

Today, bargains are rare along the Pacific coast and local observers say several projects have stalled in the wake of the financial conditions dampening markets around the world.

But there are still several projects in development, wooing international buyers with Costa Rica’s famous mix of sun-splashed beaches and spectacular, unspoiled mountains.

Marazul is a 58-unit waterfront development in the fast-growing area of Guanacaste, home to Ritz-Carlton, Hyatt and Four Seasons resorts. The project is located across from the new Flamingo Marina, with condos priced between $307,000 and $885,000. “It will be operated as a resort destination that will appeal to those who want a beachfront second home with a strong rental program.””