In an event exclusively for qualified investors, the Hacienda Pinilla resort complex in Costa Rica, which measures 1,800 acres and has hotels, a golf course and residential communities, will be auctioned.

The U.S. company United Country Real Estate, in partnership with Colliers International, will perform the live auction on Nov. 15 in Dallas, Texas.

The event will be for qualified investors who have been invited to participate.

Dan Duffy, president of United Country, did not give details of the price, which will be determined at auction.

“However, some calculations can be made,” according to Danny Quiros, intelligence manager at Colliers International Costa Rica, “that the price per square meter in Santa Cruz ranges between $90 and $110.”

This means that the transaction could exceed $1.8 billion USD.

Source: ElFinancieroCR.com