In Costa Rica, Award-Winning Developer
Creating Jewel at Jaco Beach

SAN JOSE, Costa Rica--(BUSINESS WIRE)--July 25, 2006--Travel writers worldwide have called Costa Rica a genuine tropical paradise where visitors can revel in the pleasures of ecotourism. Investors have called the Central American country a golden opportunity, with a stable economy and skyrocketing real estate market. These forces - and many more - will make Riverside Developers' latest project along the Pacific a ground-breaking and grand event.

One Jaco Resort is the newest enterprise from the award-winning developer, who is building one-of-a-kind condominiums in a resort environment that offers high-end amenities and panoramic Pacific views, all in a secure, gated community. Sales are currently in full swing, with construction set to begin in the fall of 2006 in the legendary beach town of Jaco (pronounced "hawko"), which is less than 90 minutes from San Jose, the capital of Costa Rica.

Vacation home development in Costa Rica has intensified since the 1987 Central American peace accord curbed regional political instabilities, opening the floodgates for foreign investment. A successful democracy, active tourism board, stunning natural reserves and a nation committed to peace have made Costa Rica the ideal location for both tourist and resident.

Not all development projects are alike, however. The rush to be part of Costa Rica's trend-setting resort community has led to a flood of first-time developers, making the experience of Riverside paramount when choosing a location.

"There are no doubts in my mind about the experience and the expertize of the people at Riverside," writes Scott Oliver, author of the book 'How to Buy Costa Rica Real Estate Without Losing Your Camisa.' "Riverside sets new standards for Costa Rica luxury apartments in Escazu, and will also provide the same high quality at the beach in Jaco."

That quality at One Jaco Place will start with the builder, Riverside, winner of the 2005 Bentley Best Development award, and translate into a first-class resort. The exclusive appointments in the one- and two-bedroom condominiums will include modern gourmet kitchens with granite countertops, marble top bathroom furniture, top-end appliances, ceramic tile floors, nine-foot ceilings and an unrepented feature in condo living, Jacuzzi's on every private balcony.

Outside the condo walls, the quality continues. The grounds at One Jaco feature tropical- and resort-style swimming pools, a picturesque music fountain lake, state-of-the-art health club and spa, lighted tennis courts, and five-star concierge service. One Jaco will also have on-site a first-class conference center available for commercial and entertainment events.

The reasons people come to Costa Rica will all be within reach for residents of One Jaco Resort. Jaco is flush with spectacular surfing, pristine beaches, fine dining and non-stop casino action. There's also horseback-riding in the hills above Jaco, which offer spectacular views of the beach and access to a bird-watchers paradise.

"As an investment, One Jaco is a tremendous opportunity," said Riverside's Joshua ten Brink. "But people want more than just a good investment, they want a destination that's exclusive, luxurious and will provide a lifetime of great memories. That's exactly what One Jaco Place will do.