Breakwater Point – Jacó, Costa Rica

About this project

This fund is to purchase three (3) condominium units located at Breakwater Point in Jaco, Costa Rica for the expansion of the ResClubs Membership Program. Revenue will be generated through short term rentals via a large international property management company as well as various revenue streams tangential to the Membership Program. Investors who hit certain thresholds of contribution will also benefit from a usage component which will allow them to stay in one of the units at no cost of lodging.

Note: There is no RESCLUB vacation program usage associated with the pure, short-term vacation investment program.

+ – Market Summary

Jaco is considered the “Little Vegas” of Costa Rica. It has the most nighttime entertainment of any beach down and of course casino gambling. It is also the closest beach fun town to the country’s capital, San Jose. It is less than an hour and a half from the largest international airport in Costa Rica.

Property Summary

Breakwater Point is positioned at the extreme north end of the cinnamon shores of Jaco beach, offering the utmost privacy and tranquility. From the towering heights of up to 15 floors, you will view the lush rainforest backdrop and expansive wide-open blue sea vistas Breakwater Point consist of 44 spacious 2-bedroom, 2-bathroom luxurious beachfront residences totaling 1571 square feet including oceanfront terrace. Breakwater Point is just steps away from all the world class amenities in the new Crocs Casino in Jaco North Beach.

Financial Summary

The 4 properties, rent and member ready will cost $1,229,000. The marketing launch costs and administration, are expected to be $200,000. Reserve for contingency is $200,000