Costa Rica's Premier Beachfront Residential Community

RESIDENTIAL INVESTMENT OPPORTUNITY IN COSTA RICA’S PREMIER BEACH FRONT RESIDENTIAL COMMUNITY www.axiomcostarica.com

BALLENA NATIONAL PARK BEACH STEPS FROM THE BEACH SIDE DWELLINGS

NATURE TRAILS THROUGHOUT THE PROPERTY PERFECT FOR VIEWING THE COSTA RICAN WILDLIFE

ADVENTUROUS. INVESTED. SOPHISTICATED. BLACK LOGO 100% BLACK

Redefining real estate development in Costa Rica

It’s not often you come across a real estate developer who thinks reputation

while in harmony with the existing environment.” It is through this philosophy

and credibility are the most important things they have to build. Axiom

that Axiom clearly demonstrates that they are naturally invested in the

Development Group is a little different that way. What and where they build, how they build, and what it says about them are as important as the buildings themselves.

places they develop, and that they take care to ensure the impact they have on the community and the environment is positive. Combined with their cumulative experience in luxury residential, commercial, urban,

They also understand that simply saying something is one thing, while

recreational, and resort development, the Axiom development team has

actually doing it speaks volumes. To ensure the community sees the

a history of creating defining real estate projects.

commitment and credibility of their undertaking in transforming real estate development in the Southern Zone of Costa Rica, Axiom has accomplished something rather novel by pre-building not only one project, but three distinctive projects.

Axiom’s strategic vision comes from its founders, Michael Himes and Blake Delatte. As Executive Director and Director of Development, Michael and Blake combine their love of the country and its environment to ensure

“We believe that every great place has a soul. A uniqueness that defines it and draws us to it while awakening our sense of adventure, and that once discovered, pulls us back to share it with the people who are most important to us. This belief is the foundation of all of our development practices and it directs us in deciding not only which product to create, but also where the product would be most beneficial to the community

that the homes they build not only create long-term value for homeowners, but also contribute to the communities in which they are located. This practice results in every home being thoughtfully integrated into the natural Costa Rican rainforest.

MICHAEL HIMES Founder and president of the largest petroleum pure wholesaler in the USA, Michael is a native of the state of Indiana, a political science graduate, an army veteran, an explorer and natural adventurer. His thirst for new horizons has taken him around the world, but it was only after discovering the purity of the Costa Rica experience that he decided that this is where he would leave his legacy, establishing Axiom Development Group to share the treasure he had found with others.

BLAKE DELATTE A designer, land planner, and architect by trade, Blake is an ardent student of the natural world, creating a design and development philosophy that is fundamentally anchored in the integration of culture, environment and community. His work at EDSA, one of the world’s foremost planningcompanies, resulted in iconic urban centers,luxuryresort properties and intimate eco-retreats. As a founding partner of Axiom and resident of Costa Rica, his philosophy is woven into the fabric of every project they undertake.

Everything you’ve ever wanted to know about

COSTA RICA

COSTA RICA SEEMS TO HAVE IT ALL FIGURED OUT. THEY HAVE DECLARED AN INNOVATIVE ‘PEACE WITH NATURE’ INITIATIVE THAT INCLUDES A COMMITMENT TO SUSTAINABLE TOURISM AND MAKING COSTA RICA CARBON NEUTRAL BY 2023. IT IS A PLACE FOR PEOPLE FROM ALL WALKS OF LIFE. WHETHER YOU ARE AN EXPLORER, NATURE LOVER, INTO EXTREME SPORTS OR JUST LIKE TO RELAX, COSTA RICA HAS SOMETHING FOR YOU. THE COUNTRY MAY BE SMALL, BUT IT IS ABUNDANTLY EXPANDING WITH ACTIVITIES, WITH SOMETHING NEW AROUND EVERY CORNER. THE HISTORY The recorded history of Costa Rica begins around 1500, but human habitation dates back as far as 10,000 years.

Little is known of the ancient cultures that inhabited the coastlines. They left very few clues about their seminomadic existence in the way of ruins, statues, or monuments, but what they did leave us is a wonderful mystery; perfect granite spheres scattered across the southwest coastline. These mysterious spheres come in all sizes, from a few inches to over 6 feet in diameter and weighing in at over 15 tons. Why they were created, what they were used for, and who carved them is unknown.

While there are many theories from a variety of experts, for the rest of us, they are just another aspect of Costa Rica that makes it so enchanting.

Christopher Columbus and the Spanish arrived near what is current-day Puerto Limón on September 18, 1502.

Greeted by the local Carib Indians, he named the region Costa Rica, or “Rich Coast,” after observing the abundant gold decorations worn by the locals. While large deposits of gold were never found, and the region stayed largely unsettled by the Spanish for decades, the local tribes eventually suffered from the same dire effects as others in the region in response to the European invasion, and the Indian population dwindled rapidly. Today’s Costa Rican population of around 3.8 million is 90% white, including mestizo, with only 1% of the population of Indian heritage.

With the dream of finding mountains of gold never

materializing, Costa Rica was largely forgotten by the Spanish with only a few settlements like Heredia, San José, and Alajuela becoming established. In 1808 however, coffee put Costa Rica back on the map, and frontier entrepreneurs began to develop the country which lead to wealth, class structure, and eventually independence from Spain in 1821. Over the next 100 years, Costa Rica suffered from a variety of class disputes, political struggles, and finally a short civil war in 1948. By 1949 however, Costa Rica had a new democratic government and progressive new constitution that gave women the right to vote, dismantled the Costa Rican army, banned the communist party, nationalized banks, and established presidential term limits, among other things. Since then Costa Rica has remained one of the few politically and economically stable countries in the region, and has remained so for over half a century.

THE PEOPLE Costa Ricans refer to themselves as “Ticos,” and their official language is Spanish, with only a few indigenous languages spoken in remote areas of the country. English is spoken in most tourist areas and within most business proceedings, as well as by the local population on the Caribbean coast. Unlike other Latin American countries, Costa Rica is largely middle class and has higher levels of income, education, and lower poverty levels. Costa Rica’s focus on education, healthcare, and the environment has resulted in the economy’s unprecedented steady growth

over the past decade, thus permitting the country to focus on international concerns such as leading the world’s efforts in environmental initiatives.

THE CULTURE Due to the loss of the indigenous culture, and the rich European, North American and Caribbean influences, Costa Rica does not have a distinct local culture. If you had to give it a label, it would be “Latin Internationalism,” where influences from around the globe are adopted and given a wonderful Latin flair by ‘the friendliest people in the world.’ This cosmopolitan approach to life is best seen in the local cuisine. Never too spicy, and always rich in nutrition and hearty in flavor, the local cuisine is typically centered among beef, chicken, or one of the many assortments of fresh fish and seafood. If there is a national dish, it is Casado, which consists of rice, salad, fried plantains, black beans, and grilled meat or seafood. This dish is so commonplace it can be found throughout the country in every open-air lunch counter, and most recently, it has been featured in finer dining establishments as well, where chefs use their various backgrounds to bring new flavors and techniques to the creation of this popular dish.

Similar in popularity to Casado, the popular breakfast dish of Gallo Pinto, a simple take on fried rice and black beans, can also be readily found throughout the country.

Typically served with fresh fruit, farm-raised eggs, organic cheeses, and warm tortillas, this satisfying breakfast is not only delicious but also economical to locals and tourists

COSTA RICA 101

alike. Mirroring the casual and friendly attitude of the country, dining is generally a leisurely experience, with restaurants opening midmorning and closing around midnight. From casual roadside Soda lunch counters to an array of worldly cuisine, you’ll always find something to satisfy your appetite in Costa Rica.

TRANSPORTATION Due to its central location and developed infrastructure, traveling to and around Costa Rica is more straightforward than one might expect. San Jose International Airport receives direct flights from major cities in North America, Europe, Central America and South America. From there, major highways and a developed network of transportation options make exploring the country relatively easy and similar to most countries.

Whether you decide to fly, explore the country by car, take a taxi, or even jump on local buses to get around, you’ll find that Costa Rica’s transportation system is dependable, safe, smoothly operated.

THE ENVIRONMENT What Costa Rica might lack in indigenous culture, it more than makes up for in natural beauty. Costa Rica is extraordinarily bio diverse, and with its wildlife, natural attractions, and reputation for conservation, it is a magnet for anyone who loves nature. Bordering both the Pacific Ocean and the Caribbean Sea, with a series of volcanic mountain chains dividing the country, its diverse

topography forms more than 12 ecosystems, producing one of the richest concentrations of fauna and flora found on the planet. Costa Rica has an unwavering pride and appreciation for its natural beauty, and while it has a large industry devoted to tourism, it will not sacrifice the environment for its pursuit. With 27% of the country designated as National Parks and reserves, it has instead taken an approach of preservation and ecotourism to ensure that its magnificent natural resources and lush, untouched rainforests will exist for generations to come.

The temperate climate in Costa Rica makes it easy to get out and enjoy the natural wonders of the country. With spring-like weather year-round, the average temperature in the Central Valley is 72 o F (22 oC), while the coastal temperatures range between 70o F (21oC) to 90o F (32oC).

THE GOVERNMENT Costa Rica’s government is recognized as the most stable government in the region with an undisturbed democracy in place for over half a century. The 1949 political Constitution guarantees the legal equality of its citizens, as well as providing freedom of expression, meeting, press, and the right to form organizations. Applicable not only to its lawful citizens, Costa Rica extends these fundamental rights to all foreigners as well. Astonishing to many, the Costa Rican Constitution further prohibits the establishment of an army, thereby placing Costa Rica

among the very few number of countries free from military forces and interests. Like in the USA, political elections take place every four years; the President, Congressmen and Municipal Representatives are popularly chosen.

THE ECONOMY For over half a century, Costa Rica has largely focused on the growth, strength, and stability of its economy.

Displaying a strong economy for decades, it is no surprise that Costa Rica has become one of the most popular places in the region for foreign investors. Over 50,000 USA citizens permanently reside in Costa Rica, and nearly 700,000 people visit each year from the USA alone.

Like most developed economies, Costa Rica is not immune to the rises and falls of the global market, yet its economy remains stable with 71% of its GDP derived from the service sector. Boasting the highest standard of living in the region and a low unemployment rate, it’s no wonder that “pura vida,” or “life is good,” persists as the local expression used when greeting others. With its stable economy and political structure, as well as its natural, unparalleled beauty and peaceful culture, it is no surprise Costa Rica is continually ranked as ‘one of the happiest places on Earth.’

Why invest in

COSTA RICA

COSTA RICA CONTINUES TO GROW AS ONE THE MOST CELEBRATED AND DESIRED DESTINATIONS IN THE WORLD, NOT ONLY FOR THE EXPERIENCES IT OFFERS GLOBAL VISITORS, BUT FOR ITS ECONOMIC AND POLITICAL STABILITY, LEADING ENVIRONMENTAL PRACTICES, AND THE WARMTH AND JOY OF ITS PEOPLE. WITH OVER 3MILLION VISITORS A YEAR AND GROWING COSTA RICA IS STILL ONE OF THE GREENEST COUNTRIES IN THE WORLD AND WILL BE THE FIRST TO 100% CARBON NEUTRAL.

#1 In the Tourism Risk/Reward Index for the Americas

-Among Central and South American countries and the Caribbean, BMI

#1 Mexico & Central America’s Leading Destination -World Travel Awards 2019

#1 On the Planet Index for Happiest Country on Earth -New economics Foundation

#1 Public Health System in Latin America -The United Nations

#1 Most Politically Stable Country in Latin America -The World Bank Study for Global Governance Indicators

#1 Safest Country in Latin America

-FTI Consulting Security Index, Tied with Chile & Uruguay

#1 Country for a Comfortable Retirement -US News, WPP and Wharton

#1 Country Latin American Country to Retire -Travel+Leisure

CENTRAL HUB FOR FLIGHTS FROM THE AMERICAS AND EUROPE EUROPEAN TRAVEL IS EXPECTED TO INCREASE SIGNIFICANTLY WITH NEW BRITISH AIRWAYS AND AIR FRANCE DIRECT FLIGHTS FROM LONDON, MUNICH AND PARIS. NORTH AMERICAN DIRECT FLIGHTS ALSO ARE INCREASING IN 2017 VIA SOUTHWEST, JETBLUE AND AIR CANADA.

Direct Flights in the Americas: Aeromexico – Mexico City Air Canada – Toronto Air Transat – Toronto, Montreal Alaksa – Los Angeles American – Dallas, Miami, Charlotte, Phoenix Avianca – Guatemala, Mexico, San Salvador, Tegucigalpa, Bogota Copa – Guatemala, Nicaragua, Honduras, Panama Delta – Atlanta, Los Angeles Jet Blue – Fort Lauderdale, Orlando Interjet – Mexico City United – New York, Houston, Washington D.C., Chicago, New Jersey Volaris – San Salvador, Guatemala, Mexico, Cancun, Guadalajara, Managua Spirit – Fort Lauderdale Southwest – Baltimore, Houston, Fort Lauderdale WestJet – Toronto

PROXIMITY OF THE CARIBBEAN WITHOUT THE HURRICANES

COSTA RICA IS BLESSED TO BE OUTSIDE OF THE RANGE OF HURRICANES. THE COUNTRY HAS NEVER EXPERIENCED A HURRICANE IN RECORDED HISTORY. YOUR INVESTMENT IS SAFE IN COSTA RICA AND INSURANCE PREMIUMS ARE LOW. WEATHER IS MILD AND WARM YEAR ROUND.

HURRICANE PATHS

COSTA RICA

ANNUAL AVERAGE TEMPERATURE IN COSTA BALLENA COSTA RICA

COSTA RICAN TAXES

0.25% PROPERTY TAX NO DOUBLE TAX ON INCOME FOR US CITIZENS US CITIZENS CAN OWN TITLED PROPERTY WITH THE SAME RIGHTS AS A COSTA RICAN CITIZEN. US CITIZENS CAN ALSO OWN CORPORATIONS IN COSTA RICA WITHOUT RESIDENCY. THE US AND COSTA RICA HAVE A SPECIAL TAX TREATY TO PROMOTE FOREIGN INVESTMENT. INCOME IS NOT TAXED IN THE US UNLESS IT IS RETURNED. YOU ARE CREDITED FOR ANY COSTA RICAN TAXES PAID WHEN RETURNING FUNDS TO THE US.

EXPLORE THE COSTA BALLENA Discover incredible beaches and waterfalls, go whale watching and surf the best breaks on the coastline

MARINE PARK HOME OF THE WHALE TAIL, MARINO BALLENA NATIONAL PARK IS ONE OF THE ONLY MARINE PARKS IN COSTA RICA, AND IS A HAVEN FOR ANYONE WHO LOVES SURF, SAND AND WILDLIFE. THE PARK HAS A STRING OF BEAUTIFUL WIDE BEACHES THAT BACK ONTO THE ICONIC PALM TREES OF THE REGION. ALL OF THE PARK’S BEACHES ARE A GREAT PLACE TO SPEND THE DAY WITH FAMILY A N D FRIENDS PICNICKING, BARBECUING OR SIMPLY SETTING UP A HAMMOCK AND LANGUISHING THE DAY AWAY. THE MAIN BEACH HOWEVER, IS WHERE THE WHALE TAIL IS. THIS NATURAL SANDBAR IS SHAPED LIKE A WHALE’S TAIL AND IS COMPLETELY ACCESSIBLE AT LOW TIDE, ALLOWING YOU TO EASILY WALK OUT AND EXPLORE THE RO CKS AND TIDAL PO OLS AT IT S TIP.

WHALE-WATCHING It’s called Costa Ballena because this is an incredible part of the world to see whales. There are several different species that are regularly seen here, including false killer, Bryde’s, pilot, and of course humpback whales. Humpbacks are a very common sight since they use this region’s temperate waters for breeding and for rearing their young. With two separate humpback migrations each year, each lasting a few months, whale season is almost a year-round event. You can easily see whales from the beach, but the best way to experience these gentle giants is on one of the many boat tours.

WATERFALLS IN THIS INCREDIBLE PART OF THE WORLD, THERE IS

SURFING While Dominical draws the most surfers because it’s considered to have the best waves in the area, there are a couple of lesser- known beaches along the coast that are equally worth a visit.

NO SHORTAGE OF NATURALLY STUNNING TROPICAL WATERFALLS. THE MOST FAMOUS OF THESE IS LESS THAN A HALF HOUR INTO THE MOUNTAINS.

NAUYACA:

THIS

WATERFALL

IS

ONE

OF

COSTA

RICA’S MOST IMPRESSIVE WITH TWO SETS OF FALLS

Playa Colonia: If you’re new to surfing, this is the beach for you because the offshore rock formations

MEASURING A COMBINED 2 0 0 F EE T. TH E UP P E R

mellow the waves. Playa Colonia is inside Marino

ARE A GREAT PLACE FOR A PICNIC AND TO SIMPLY

Ballena National Park and offers much more manageable waves, and there are plenty of surf schools nearby if you’re looking to learn.

HANG OUT. THE LOWER FALLS FEATURE A LARGE

FA L L S H AV E AN I M P R ES S I V E 1 4 0 -F O O T CLIFF AND

POOL FOR SWIMMING AND DIVING. YOU CAN EASILY HIKE TO THE FALLS, BUT MOST PEOPLE GET THERE BY TAKING A HORSEBACK TOUR.

Playa Hermosa: Just north of Uvita, this beach has consistent waves for beginner and mid-level surfers, especially when there’s bigger surf at Dominical. The best breaks on this beach are right in front of the lifeguard stand.

CASCADA

VERDE:

THIS

IS

A

SMALLER

WATERFALL

THAT’S CLOSER TO TOWN AND GETS A LITTLE MORE CROWDED, BUT IT’S STILL GREAT FOR A QUICK SWIM, JUMPING OR SLIDING INTO THE COOL EMERALD WATER.

HIKING Costa Ballena is defined by the ocean,

LOCAL EVENTS

mountains and rainforest, with the latter two often being overlooked. This is an

The Costa Ballena hosts many

amazing part of the world to simply

events, including surf competitions

head inland and enjoy nature at its

and food festivals, and even a craft

finest. With the mountains so close to

beer fest. Some of the biggest

the coast, it’s easy to get in an early

happenings are:

morning hike, and make it back to the beach by lunchtime to cool off.

A couple of the best places to hike and see wildlife are the Hacienda Barú in Dominical and the Tesoro Escondido Eco-Reserve in Playa Hermosa de Uvita.

HACIENDA BARÚ

Located near Dominical, this spectacular wildlife refuge has 7 kilometers of managed trails.

You won’t have to hike far to see amazing wildlife like white-faced monkeys, king vultures and pacas.

The trail network includes a magnificent lookout with views of Dominical Beach. There are also night tours, overnight jungle stays, and a zip-line tour.

TESORO ESCONDIDO RESERVE

This is a more secluded reserve with fewer visitors, giving you a better chance of spotting more reclusive rainforest animals like howler monkeys, peccaries, parrots, toucans, and cusingas. Along with the wildlife, the trails offer some incredible views, including an amazing view of Uvita’s Whale Tail.

Guided tours of the reserve can be arranged through the Playa Hermosa Ecological Association.

FESTIVAL OF WHALES & DOLPHINS

Held at the height of the humpback whale migration in September, the festival features discounted whalewatching tours and a community fair with a host of local foods and vendors.

LIVE MUSIC

ENVISION FESTIVAL

As a celebration dedicated to awakening our human potential, the Envision Festival provides a platform for different cultures to co-exist in a sustainable community and inspire one another through art, spirituality, yoga, music, dance, performance, education, sustainability and our fundamental connection with nature.

GASTRO SCENE

EAT FARM TO TABLE

LIVE MUSIC

There is never a shortage of live music to enjoy throughout Costa Ballena. You can find music in bars, restaurant, or just walking along the beach. Some good places are The Bamboo Room , Jolly Rogers, and Fuego.

EXCITING NIGHT LIFE

E

FE

15 REASONS WHY TO INVEST IN

COSTA BALLENA FROM THE DAY THAT A NEW COASTAL HIGHWAY LIFTED THE VEIL ON COSTA RICA’S SOUTHWESTERN PACIFIC COAST, THE COSTA BALLENA REGION’S LUSH BEAUTY HAS BEEN CONJURING UP BOTH DREAMS AND REALITIES OF LIFE AMONG ITS SECLUDED BEACHES, LUSH RAINFOREST CANOPY AND COASTAL MOUNTAINS.

If you’re one of a growing number of visitors who are turning their dreams into reality, then here are 15 features to add to the equation when considering buying a home in Costa Rica’s beautiful Costa Ballena region: 1. With a challenging landscape and an undeveloped region, the most experienced builders have descended upon Costa Ballena to build high quality homes that seamlessly blend into the region’s pristine natural beauty.

8. Costa Rica is an economically and politically stable country and is viewed by investors as one of the safest emerging real estate markets.

9. The Costa Ballena region gets far fewer visitors than other regions in Costa Rica and has embraced low-impact development excluding large resorts and high-rises.

10. Costa Ballena is nestled into the most bio-diverse region of Costa Rica.

2. Costa Ballena is a narrow stretch where Costa Rica’s mountains meet the Pacific Ocean, providing buyers with the best of all lifestyles, from beach proximity, to rainforest living and dramatic mountain vistas.

11. Within close proximity of the U.S., Costa Ballena offers affordable luxury that would cost at least 10 times more along the California coastline.

3. Costa Ballena offers Costa Rica’s best priced range of condominiums, villas, townhouses and luxury homes, at a fraction of Gold Coast prices further north.

12. Costa Rica is one of the safest countries in Latin America and “Ticos” in the Costa Ballena region are educated, warm and welcoming.

The region is also home to a large number of North American baby boomers and retirees.

4. Costa Rican real estate investments rose by 15-20% annually between 2000 and 2008 and Costa Ballena values are projected to rise rapidly over the next few years.

5. Rental income in Costa Rica is high and market demand in the Costa Ballena region currently exceeds supply.

6. The Costa Rican legal system protects investors, and real estate laws for foreigners are the same as for Costa Rican nationals. Fee simple ownership allows buyers to own, sell, lease or renovate their properties.

7. Costa Rica offers extremely low property tax rates starting at just 0.25%, and rising to only 0.50% for multi-million dollar homes.

13. Costa Ballena offers a diversity of breathtaking, unpopulated beaches that include whale-watching, surfing and plenty of warm water for bathers.

14. Legal residency can be obtained in just a few years, with temporary residency status afforded to those who apply. You can also live in Costa Rica as a non-resident and can remain in the country for up to 90 days at a time.

15. The Costa Ballena region offers reliable utility services, high-speed Internet and 3G cellphone service.

COSTA BALLENA SETTING THE STAGE FOR GROWTH INFRASTRUCTURE & SERVICES

INFRASTRUCTURE & SERVICES

Costa Rica’s investment in the Southern Zone not only

Costa Rica’s investment in the Southern Zone not only

opened the area to the huge annual influx of tourists, it

opened the area to the huge annual influx of tourists, it

also supplied the infrastructure and services needed to

also supplied the infrastructure and services needed to

grow the region’s attraction to residents and developers

grow the region’s attraction to residents and developers

alike.

alike.

MULTIPLE AIRPORTS

NEW ROADS

There are currently two international airports in Cos-

As recently as 2012, new highways and bridges cut trav-

ta Rica, and a third is under consideration in an area 45

el time from San Jose to Dominical by nearly half. The

minutes south of Dominical. Regional airports 30 minutes

Próspero Férnandez Expressway expedites travel from

away in both Quepos and Palmar Sur provide quick ac-

the capital to the coast, while the Costañera Highway

cess to Dominical. An expansion of the Quepos airport

provides coastal access from Manuel Antonio to Domini-

has been announced for larger planes, greater capacity,

cal and beyond, as well as easy access to each project

and some international flights.

site. A new highway from San Jose is projected to begin construction in 2019 which will reduce the time to the

ACCESSIBLE HEALTHCARE

Dominical area by an additional 30 minutes.

High quality healthcare is available to residents, non-res-

PUBLIC UTILITIES

idents and tourists. There are hospitals in Quepos, 30 minutes north, San Isidro, 30 minutes east, and Puer-

Water, electricity and all other public utilities run directly

to Cortes, 40 minutes south. Hospital de Osa in Puer-

through Dominical, requiring only incremental upgrades

to Cortes opened in 2010, in part to meet the stringent

for increased usage. Telephone, cellular and high-speed

requirements necessary for a planned new international

Internet service is also readily available.

airport.

AXIOM FUNDAMENTALS FOR DEVELOPMENT ENERGY Axiom is working closely with the Costa Rican government to develop new programs that will allow all common areas of its developments to run on solar power.

As a result, the company’s Élan at Ballena project will use solar energy to power common areas including swimming pools, elevators, exterior lighting, a commercial center, entry buildings and recreation pavilions. Additionally, Axiom is sparing no expense by opting to install highefficiency air conditioning systems in all of its units, ensuring a higher Seasonal Energy Efficient Ratio (SEER). Élan at Ballena’s insulated building materials and LED lighting further assist the cause, while sustainable design features, including the optimization of natural wind and sun patterns, also help to offset energy consumption.

Within the luxurious confines of Axiom’s multi-million dollar mountaintop estates in the Sierra Collection, solar energy technology has also been installed in order to

offset consumption from the grid for things like modern appliances and alarm systems. Axiom is raising the bar on sustainable living by incorporating contemporary comforts into environments where both man and nature can harmoniously co-exist. While history has left a wake of destruction in the path of man’s conquest of nature, Axiom’s extensive experience in sustainable development, and in Central America, is helping to strike a delicate balance along the Costa Ballena coast.

Within the parameters of that delicate balance, the company is employing painstaking measures to ensure the preservation of the natural beauty that brought us to Costa Rica in the first place, while disproving the misconception that sustainable living must be something less than luxurious.

WATER In the Costa Ballena region, Axiom embarked on a challenging vision, sparing no expense to develop land marked by difficult soil conditions, rugged terrain and strict government regulations. Along a unique stretch of Costa Rica’s Pacific coastline, where the mountains meet the sea, Mother Nature herself was already facing an environmental concern. As the rains flowed down the mountainside and across the coastal highway, contamination flowed naturally into streams and creeks that weave their way into the Pacific waters. One of the first projects set in motion by Axiom addressed that runoff issue through the installation of a stateof- the-art water treatment plant, which now purifies the waste water and has rectified the long-term threat.

Furthermore, while the purified water could be used for irrigation purposes, Axiom has also made conscious efforts to select and grow native flora for use within its development sites that will reduce the need for irrigation and sprinkler systems. In addressing the key issue of water procurement, purification and usage, Axiom also developed an aqueduct system that not only provides

water to its own developments, but which also enhances the water systems of several surrounding communities.

The aqueduct brings water to the communities including homes, school, businesses, and government facilities. In the town of Uvita, the summer months have traditionally led to water shortages. The new aqueduct will not only address that issue, but it was built to sustain the future growth of the town for next five years with additional water sources and a 500,000 liter tank gravity feeding the town below.

Axiom Development Group also supports the initiatives of the Blue Flag Ecological Program, which was created in response to the imminent dangers of beach pollution, its repercussions on public health and the tourism industry.

The inter-institutional effort encourages participation from surrounding communities and local schools and fosters environmental education within Costa Rica’s coastal communities.

FLORA

Every Axiom project begins with sustainability as a core definition, and development does not begin until the functioning of the land is fully understood. As a result, Axiom has remained ahead of the curve with strategic planning initiatives that have already begun to bear fruit.

Development of The Terraces at San Martin began with a strategic plan to designate preserve areas that would ensure the uninhibited view of the surrounding rainforest canopy and its fauna. The company also designated preserve lands within its own concession as a contribution to the valuable efforts of the Path of the Tapir biological corridor project. Élan at Ballena Beach community nestled between one of Costa Rica’s most beautiful beaches and a national park has not only succeeded in preserving all existing trees on the site, but its own nursery of 25,000 indigenous plants is

helping to enhance the future of delicate ecosystems that anchor its surroundings. Included in the nursery are more than 1,000 trees, including hardwoods and other species that provide essential nutrients to surrounding fauna.

Through initiatives like the nursery at Élan at Ballena, the reach of Axiom’s strategic planning has extended to the beautification efforts of surrounding communities outside of its development zones, including the town of Uvita.

Axiom also donated 100 trees to Marino Ballena National Park earlier this year in conjunction with the reforestation efforts of Costa Rica’s Ministry of Environment, Energy and Telecommunications (MINAE). The donation will not only enhance the region’s overall regeneration process, but the 100 Mountain Almond trees form an important part of the natural habitat of the endangered great green macaw.

FAUNA Axiom Development Group has taken painstaking measures to ensure the integrity of the rainforest canopy on its development sites, which is an essential corridor for fauna and their natural feeding habits. The company has backed its commitment to the preservation and enhancement of the surrounding environment for fauna and flora through donations to the Corcovado Foundation, which provides local communities and citizens in the Costa Ballena region with a platform from which to address environmental concerns via the Amigos de Marino Ballena sub-foundation. Additional support has also been provided to initiatives such as the Blue Flag Ecological Program, which was created in response to the imminent dangers of beach pollution.

Axiom’s developments in the region also adhere to the standards of Dark Sky Compliance, ensuring the minimization of ambient light that can have a profound effect on local fauna, including nesting turtle behaviors along the beaches of the Costa Ballena shores. As turtles hatch, the hatchings instinctively follow the guiding light of shining stars and

COMMUNITY

From an industry perspective, Axiom Development Group is a member of the Green Building Council of Costa Rica (GBC-CR), an organization that supports sustainable development in the country. Beyond that mandate, members of the organization, like Axiom, foster cooperation and participation within the communities in which they build by promoting their social, economic, cultural and environmental development as a whole. From conception, Axiom has designed a network of developments that will drive owners into the heart of local communities, where they will explore the culture and contribute to local economies. In building that network, Axiom has also provided hundreds of jobs to local residents who live in some of those very same

moonlight into the Pacific waters, whereas an abundance of inland light can establish a path of dangerous counter motion. To ensure that development is Dark Sky Compliant, all exterior lighting on Axiom sites has been established 3000 kelvin or below on the light spectrum. Building lights and sconces were specifically designed in order to reduce light pollution and the company also opted for low-voltage bollard lighting in lieu of overhead street lighting. Further reducing its impact on the surrounding environment, Axiom’s preservation of the surrounding rainforest canopy also contributes to the trapping of ambient light.

Axiom Development Group believes that beautiful places should remain beautiful forever, which requires development that is not only sustainable today, but also enhancing for tomorrow. To that end, the company continues to work closely with the Costa Rican government in order to develop new programs and initiatives that address the long-term health and preservation of a fragile bio-corridor.

communities.

Axiom also supports the Amigos de Marino Ballena Foundation (AMBF) and its efforts to ensure the protection of 5 national park beaches within Marino Ballena National Park. The AMBF empowers citizens in direct support of the park by enabling communities to develop projects that address the issues that most concern them.

The AMBF is a sub-platform of the Corcovado Foundation, a local non-profit organization dedicated to supporting projects that help protect the Osa Peninsula’s natural resources. In addition to monetary donations, Axiom also donated a boat trailer to AMBF in support of its operations.

3 BEDROOMS RESIDENCES DINNING TERRACE

BEDROOMS:

3

BATHROOMS:

2.5

INTERIOR:

1,991 SQ. FT. | 185 M 2

TERRACES:

205 SQ. FT. | 19 M 2

TOTAL:

2,195 SQ. FT. | 204 M 2

LIVING ROOM

Features and amenities

KITCHEN

• Custom solid wood entry door

MASTER BEDROOM

• Italian Gres porcelain tile flooring • Designer bathroom cabinetry with quartz stone countertops and mirrors

LAUNDRY

• Contemporary GROHE™ bathroom faucets and fixtures • Designer kitchen cabinetry with quartz stone countertops • BOSCH™ stainless steel stove, microwave/fan, dishwasher,

BATH

French-door fridge • Stainless steel sink with GROHE™ faucet and sound-insulated garbage disposal unit

STORAGE

• BOSCH™ front-load, stackable full-size washer and dryer

MASTER BATH

• Italian designer closets • Recessed LED lighting throughout the residence

ENTRY

• Italian tile shower enclosures with built-in shelving • Energy-efficient DAIKIN™ A/C units in bedrooms, living-dining area and kitchen

COMMONS

GUEST BEDROOM 1 GUEST

• Ceiling fans in bedrooms, living-dining area and main balcony • Reinforced concrete posts and beams • Structural, insulated panel exterior walls

BATH

• Stone-coated steel roofing system for sound attenuation and durability • PellaTM energy efficient Low-E insulating double-pane glass doors and windows

TERRACE GUEST BEDROOM 2

• Energy-efficient water heater • Private storage units conveniently located at the entrance to each residence • 24-hour monitored security with video surveillance

Why is Costa Rica the Americas #1

DESTINATION COSTA RICA’S TROPICAL LOCATION CLOSE TO THE EQUATOR KEEPS IT WARM AND TEMPERATE YEAR-ROUND, MAKING IT ESPECIALLY APPEALING TO AMERICANS AND EUROPEANS ON THEIR HOLIDAY AND SUMMER VACATIONS. DUE TO KEY MIGRATIONS OF WHALES AND BIRDS THROUGHOUT THE REGION THE SEASON ARE EXTENDED FOR NATURE LOVERS. COSTA RICA A SOLID FLOW OF RENTALS THROUGHOUT THE YEAR BRINGING VISITORS OF ALL DEMOGRAPHICS AND GEOGRAPHIC LOCATIONS.

NURTURING YOUR INVESTMENT FULL IN-HOUSE PROPERTY AND RENTAL MANAGEMENT SERVICES We offer a full range of property management services tailored to you as an investor or homeowner. At Destination Homes Costa Rica we believe in integrity and accountability. When investing with Axiom you become part of the family. We want to make sure you are supported in every way whether you are transitioning to live in Costa Rica or if your plan is to generate income to grow your investment.

Our property management services include Comprehensive, marketing-focused management fee – Our management fee is comprehensive and competitively priced, and we reinvest in your home each year with our extensive marketing plan. If you are new to renting your home, we can also help arrange the permits and details required to set up your property.

Innovative technology – We automatically optimize rates year-round, not only green and dry season, ensuring that your home is truly maximizing its potential in terms of occupancy and income. We also conduct in-depth analysis of every property: if a home is under performing, we find out why, and we solve the challenge.

Flexible owner use – At Destination Homes Costa Rica, we realize the reason you purchased a vacation home was so that you could enjoy it.

For this simple reason – unlike many of our competitors – we don’t impose strict limits on when you can vacation in your own home.

Industry-leading reservations team – Our reservations team, located in your community, is available every day and they are the best in the business. Our extensive training process equips our staff to convert inquiries into bookings, carefully screen travelers, and troubleshoot issues with current guests, minimizing unnecessary maintenance charges.

A strong local presence – We have a manager on call, 7 days per week, we have a strong local team of reservations, housekeepers, handymen, and other service providers. If a problem arises, our on-call manager will work with his team to solve the issue.

Exceptional housekeepers – We believe housekeepers are truly the backbone of our company, and a key ingredient in a positive guest experience. We hire the best housekeepers, and we retain them by offering a year-round living wage and plenty of advancement opportunities in an industry known for its seasonal fluctuations.

No long-term contracts – We believe in the services we offer as we provide excellent services and financial results. We do not lock our clients into long-term agreements. If you aren’t happy with our performance, you can choose to stop renting your home at any time. We ask only that existing reservations be honored in consideration of our guests.

Hire local, spend local, grow local – As our business grows, so does our commitment to reinvest in the Costa Ballena area. In addition to creating jobs for local residents, we cultivate partnerships with local businesses, sponsor community events, and work with area organizations to promote tourism and economic growth.

MARINO BALLENA NATIONAL PARK An iconic natural paradise Home of Elan at Ballena Beach This national park is one of the unique reserves in Costa Rica. Located just offshore and along the coast, the park protects more than 5,375 hectares of ocean and 110 hectares of land along 9 miles of coastline, including mangrove forests, coral reefs and beaches. It was declared a national park in 1898, and although it is home to the famous isthmus shaped like a whale’s tail, it was named for the humpback whales that migrate here each year. Humpback Whales are in fact found in these waters for most of the year because the park benefits from 2 migrations. Whales come from Alaska to the region from December to April, and from Antarctica from August to November, making it one of the worlds best places to go whale-watching. Along with humpback whales, there are 85 other species endemic to the waters of this area.

The landscape of the park varies considerably depending on when you visit. In the morning, the mangroves come alive with the call of birds and the replenishing eucalyptus forest creates amazing colors. In the evening around sunset, scarlet macaws can be found in pairs in the trees, and monkeys regularly stop by.

On the beach, high tide brings with it waves and an active beach that is great for playing in the surf.

If the surf becomes a little rough for you, small swimming holes created by the currents are calmer and safer for the less experienced swimmers. At low tide, the beaches transform into an expansive area to explore, and exposes the Punta Uvita Tombola — the Whale’s Tail. Stretching out into the ocean for about a mile, the Whale’s Tail is a natural barrier reef that was created by the forces of two rivers on either side of the reef. Along with a great place to explore the beach and take in some incredible views of the mountains, the Whale’s Tail is also perfect for snorkeling. The four main beaches of the park – Playa Bahia Ballena, Playa Pinuela, Playa Colonia and Playa Uvita are usually fairly deserted, making them serene and peaceful shorelines to explore.

“Ballena” means whale in Spanish.

The Humpback Whales grace our shores 7 months out of the year, the longest resting time in their yearly migrations. The whales use our warm and inviting waters as a nursery for their young. Our naturally formed bays and shallow waters formed by tectonic upheaval create an ideal location for the little ones to play.

Offshore, the largest coral reef on the Pacific Coast of Central America forms a crescent necklace with the three small islands known as Las Tres Hermanas, (The Three Sisters) with Ballena island as the centerpiece. The coral reef contains 18 coral species, making it one of the largest collections of coral in Costa Rica, including Stony Coral, Cauliflower Coral and Star Column Coral. Boat tours are available to Ballena Island, giving you the perfect opportunity divers and snorkelers to observe a plethora of marine life and explore the phenomenal ocean floor below. Along with humpback whales, olive ridley sea turtles, bottle-nose dolphins, sharks, starfish, false orcas, green iguanas, leatherback turtles and Bryde’s whales are common sights. Olive ridley and hawksbill sea turtles also nest along the shores of Playa Bahia Ballena between May and November.

FAQ

FREQUENTLY ASKED QUESTIONS HOW TO PURCHASE PROPERTY WITH US

Q. I liked the Axiom Development Group products. How do I proceed to purchase?

A. You have passed the “viewing stage” and are ready to get serious. Your question is “How do I proceed?” Here is a list of questions that probably come up, accompanied by general guidelines on how to proceed. Feel free to let us know if you have any questions that are not listed here and we will gladly guide you further and in more detail, based on your individual requirements.

Q. Can foreigners purchase property in Costa Rica?

A. Unlike some other countries, foreigners have the same rights when purchasing a property in Costa Rica as locals do. You can own property outright in your own name or in the name of your corporation. (A corporation set up locally by you or an existing corporation in your country.) You do not need a local partner.

Q. How do I know that Axiom will finish the developments?

A. All Axiom developments have been reviewed and approved

by MEIC – Ministry of Economy, Industry and Commerce of Costa Rica. Axiom has gone through a long process and a guarantee- bond to be able to build and sell during construction or pre- construction. MEIC is an entity that was established to protect the buyers and to make sure the developers finish and deliver what they have promised.

We can provide copies of the authorization process, upon requested.

Q. Are new homes under any guarantee?

A. Yes. The contractor, under Costa Rican law, provides a 5-year guarantee on the structure of the buildings. The 5-year guarantee, is valid from the official day of delivery to the developer, who in turn, passes the remaining time of guarantee over to the buyer upon closing.

Q. Are the properties sold by Axiom “deeded”?

A. When you buy a property at Axiom, you own the property entirely and you will possess both the deed and title. This

also means that in the future, you will be able to transfer your property to others.

Q. How does the property get registered in my name?

A. Upon signing the deed transfer, your notary will proceed to register your name on the National Registry. All titled properties are registered in the National Registry and all registered surveys are found in the National Cadaster; part of the National Registry. The National Registry is now almost completely digital. Certifications of a property, as well as powers of attorney of a corporation and copies of the survey can be easily acquired.

Q. How much will I have to pay in property taxes?

A. Property tax in Costa Rica is extremely low. The current rate per year is 0.25%, in other words 1/4 of a point of the recorded value. For example, if a home costs USD $500,000, you would have to pay only USD $1,250 per year. In Costa Rica, you have the option of paying this tax either annually or quarterly.

Q. What is the pricing trend in Costa Rica, but especially in the Costa Ballena area?

A. Costa Rica’s higher-end property market continues to grow rapidly as foreign home buyers flock in. The average listing price of homes has been increasing since 2011 at a rate between 3.6% and 6.2%. Costa Ballena is currently an area in development and the best deals can be found in new developments, like the ones of Axiom.

At the same time, this popular location is experiencing increase in demand, which in turn will create higher return on investment (ROI).Costa Rica has proven to be attractive to foreign investors for its relatively open investment and trade policies, as well as being the most politically stable country in Latin America. Costa Rica’s property market is expected to remain vibrant and robust, according to local property experts. The market in Costa Rica is simply too strong to wait too long, particularly in the Costa Ballena area, not to mention

the properties of Axiom. There is nothing like it in the area. Note: Real Estate is not guaranteed. As any other investment, there is a risk involved and we recommend you do some research to decide if this type of investment is right for you. We will however add that history shows, this quote by Will Rogers to be true: “Don’t wait to buy good real estate, buy good real estate and wait.”

Q. What financing options are available in Costa Rica?

A. If you are a local citizen or a permanent lawful resident, your best option is to contact your account manager at your bank. Axiom developments have already been prequalified by Banco de Costa Rica, Banco Nacional and Scotiabank. Bank financing is not available for foreigners.

For non-residents, a financing option could be a personal short-term loan, available only for 1 to 5 years. Should you decide to go this route, we can help you find the right option. Foreigners also have the option of finding financing at their bank in the country of origin. You might be eligible for a “Self-directed IRA.” When you purchase on a construction-phase or pre-construction phase, there are pre-approved payment schedules, that provide a “selffinancing” option, depending on the construction progress of your unit, (it can be a couple of months less or more), without interest. For more details on how this works, see: What is the payment schedule for a purchase in preconstruction or under construction?” Depending on the construction progress of your unit, you can “auto-finance” the purchase of your new home!

Q. What is the payment schedule to purchase a finished unit at Axiom?

A. Three working days after signing the SPA (more details about this in “I am ready to proceed. When do I receiveand sign the Sales and Purchase Agreement?”) you will be required to deposit 10% of the unit sales price. Within three working days, we will send you a notice to schedule the closing, which is thirty calendar days. Two weeks before closing you will receive the corresponding Closing

Statement, which details the balance to be paid at closing and the details of how the money will be distributed. Five days before closing date, the remaining balance (90%) is to be deposited in Escrow. (more details about this in “Do I need to open an Escrow Account?”)

Q. What is the payment schedule for a purchase in preconstruction or under construction?

A. For the purchase of a unit in pre-construction or under construction the payment schedule is as follows: after signing the SPA (more details about this in “I am ready to proceed. When do I receive- and sign the Sales and Purchase Agreement?”) you are required to make a 10% Contract Payment, within three working days. When the foundation of your unit (building) is finished, we will submit a Certificate of Completion signed and notarized by an Engineer. You will then have thirty calendar days to make the second 10% down-payment, called the Foundation Payment. When we submit the Certification of Completion for the roof you will have thirty calendar days to make the third 10% down-payment, called the Roof Payment. The fourth scheduled payment, refers to the completion of the walls and you will have thirty calendar days to make the last 10% down-payment, called the Wall Payment. When the unit is finished, you will receive a Certificate of Completion and a thirty calendar-day notice to schedule closing. Two weeks before closing, you will receive the corresponding Closing Statement, which details the balance to be paid at closing and the details of how the money will be distributed. Five days before closing date, the remaining balance (60%) is to be deposited in Escrow. (more details about this in “Do I need to open an Escrow Account?”)

Q. How much will I have to pay in property transfer taxes?

A. There is a 3% property transfer tax. This tax is based upon the registered value placed on the property transfer deed at the time of sale. At the time of transfer, the transfer tax is shared equally between Axiom and the buyer.

Q. What other fees do I have to pay at the time of closing?

A. All closing costs are shared equally between Axiom and the buyer. Closing costs in Costa Rica are relatively low; less than USD $2,000 per USD $100,000 of the sale price. Closing costs include: Transfer Tax (1.5% of

the registered value) Public Registry Fee (0.05% of the registered value) Tax Stamps, which ad up to around USD $60 per transaction and include the municipality stamp, hospital stamp, agrarian stamp, bar association stamp, fiscal stamp and a national archive stamp. A notary fee of USD $1,250, based on 1.5% of the first million Costa Rican Colones of the sales price and 1.25% of the remainder. If you still have questions and/or doubts on the cost of closing a real estate deal with Axiom please let us know and we can refer several real estate attorneys and escrow companies to assist you.

Q. Do I need to hire a Real Estate Attorney?

A. Locals, residents and non-residents should hire an attorney for their Real Estate purchases. Don’t just hire any attorney for your Axiom purchase(s). We recommend you hire a good, bilingual real estate attorney / notary public and someone who specializes in real estate, so you are well represented in the process. Only a notary public can record a purchase in the National Registry through a protocolled deed that will be registered in the National Registry. We have listed some referrals below, but feel free to do your own research as well: Uvita Law Firm Kristi Penland E-mail: kristi@uvitalawfirm.com CV Firm Casimiro Vargas E-mail: casimiro@cvfirm.com T.+50627438619 T.+50627438416 EY Law Alberto Saenz E-mail: alberto.saenz@cr.ey.com T.+50622237711 T. +50688606873 T. Q. Do I need to open an Escrow Account?

A. Not necessarily, but we do recommend you open one.

We can make some recommendations or you may choose any escrow company that you wish to work with, however, please make sure to do your research and due diligence when choosing a different option. You may also choose to make your payments directly to Axiom, in the end it’s your final decision and at the end of the day, no matter which option you choose, you will have to provide a series of legal documents to proof the origin of funds.

Q. What documents do I need, to proof origin of funds?

A. First, we need to know who you are and therefore, we will provide a Knowledge of Client form is to be filled out by the potential buyer. We will also request a copy of your passport (all pages), and a copy of your Driver’s License, if you have one. The rest of the documents depend on the value of your purchase, the information you provided in the Knowledge of Client form, and your preference of payment option. Therefore, the process to be followed from this point onwards, can vary from client to client.

The points mentioned above, serve as a guideline. Should you have any doubts, questions and or would like to know more, please do not hesitate to contact one of us any time.

We are here to assist you through the process and find ways to accommodate you to the best of our ability.

ELAN

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James Lowe (800)706-1322 WhatsApp (562) 243-1146 jameslowe@firstteam.com JamesLowe.FirstTeam.com DRE: 00481203

Lilliana Bilger (Hablo Espanol) (800)706-1322 WhatsApp (714)883-9881 lillianabilger@firstteam.com LillianaBilger.FirstTeam.com DRE: 01930663