Friday 24 February 2017

Costa Rica -Tourism & Real Estate Go Hand in Hand

Costa Rica is known for its lush green wonderful nature. A land full of volcanoes, crystal rivers, beautiful beaches, lush green forests, waterfalls, and mountains, with both Caribbean Sea and Pacific Ocean, it´s just an enormous garden for those who love nature and enjoy the outdoors.

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Mr Sibtein Ali Bhai - Founder & CEO of Grupo Alfa Corporation a leading real estate business conglomerate in Costa Rica has carefully nurtured positive relationships with various individuals, corporate and conglomerates around the globe allowing Costa Rica to increase its international footprint in the real estate market taking up projects which will simultaneously benefit tourism in the country.

In 1989, the group, initiated their first project in Costa Rica, with the acquisition of a 17,000 square meter prime property in the entrance to the city of Heredia, developing a 6,000 square meter, US $12 million shopping center with 60 commercial units, including such big names as McDonald’s and KFC among others. This shopping venue was opened to the public in 1991.

Mr Sibtein Alibhai & his brother Mr Aquil Ali with Luis Guillermo Solis, President of Costa Rica during a conference to promote Costa Rica in Dubai


Since Costa Rica has potential tourist locations & is ranked as one of the most visited international destinations, Mr Sibtein Alibhai’s and Grupo Alfa’s two decade experience in real estate, construction, finance, retail, family entertainment, insurance, fast food and most recently healthcare, with the purpose of marketing and developing high-quality commercial and residential properties, that are simply the best in features, value and location the group has built a prestigious reputation in Costa Rica, as well as in other Central American neighboring nations.

Tourism in Costa Rica since 1995 has become one of the fastest growing economic sectors of the country and it has become largest foreign exchange earner. .

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