With a prime location on Playa Flamingo, one of Costa Rica’s finest beaches, the Palms Private Residence Club marks the first luxury fractional ownership offering in the country’s Guanacaste region. Bob Spence, owner and CEO of Spence Enterprises LLC, discovered the property in 2005 and saw its potential for a second-home destination.
“The Palms is one of the most special places in the world, and we developed it to the highest standards so that our owners may enjoy Costa Rica as much as my family and I do,” says Spence. “It’s much more than a development—it’s a home away from home, and our owners continue to have unforgettable experiences each time they visit.”
The company purchased five properties in Costa Rica, and of the five, the Palms is considered its crown jewel. The 32 villas at the Palms each boast 2,300 square feet of living space with two bedrooms, three bathrooms, a dining room, and an expansive kitchen with a Sub-Zero refrigerator and Viking appliances. A spacious living room opens to a large terrace that is only a few steps away from the infinity-edge pool and white sand beach. Each villa sleeps six people comfortably.
Located just a 45-minute drive from the Liberia international airport, with several daily nonstop flights from North America, the Palms puts owners in a strategic location for enjoying the best that Costa Rica has to offer. Activities in the area include hiking, zip-lining, rain forest trekking, scuba diving, golfing, world-class sportfishing, horseback riding, Jet Skiing, and surfing.
Villas at the Palms are available for both whole and fractional ownership. Whole ownership residences start at $1.2 million. Fractional ownership is available in one-eighth shares at $149,000 or one-tenth shares at $129,000.
For more information, visit www.palmscostarica.com