Costa Rica Overview

Oldest and most stable democratic governments in Latin America.

The Worlds new playground for all lifestyles.

Easy to get to with many non-stop flights from US.

Eco Tourism hotspot with 6% of the world’s biodiversity.

Illustrious views from ocean and tropical rain forests, sandy beaches, corral reefs, to cloud forests with active volcanoes.

Fast emerging as the premier resort and residential destination.

Attractive foreign investment opportunities for growing “Global Citizens”.

Costa Rica Overview

Guanacaste is referred to as the “Gold Coast” of Costa Rica. With the Four Seasons opening six years ago to the current expansion of the RIU and new

$40 million International airport completed in 2012.

Total Luxury – Located North of Vista Ocotal

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The Central America’s Largest

All Inclusive

Located South of Vista Ocotal

Opened November, 2009

Located at Playa Matapalo, Guanacaste

5 Star Resort with 701 Rooms

90% Occupancy

RIU has over 100 Resorts in 17 countries

Opening another 500 rooms in 2012

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Industry Reports on Costa Rica

Costa Rica ranks 1st in Latin America Brands – Dec, 2011

TripAdvisor 2011 Best Beaches Award – 2011

Costa Rica ranked 1st in Adventure Tourism – March, 2011

Costa Rica won Apple Vacations Best Destination Award – 2011

Costa Rica was Conde Nast’s Choice Award – 2010

Costa Rica announces goal to become 1st Carbon Neutral Country in the World –

May, 2010

Costa Rica ranked #1 Happiest place in the World

Costa Rica ranked #1 in Retirement benefits

Costa Rica ranked Top 10 most stable country in the World

Note: all reports can be made available upon request

The Growth Driver: Liberia International Airport (LIR)

• Despite World economy, Tourism in Costa Rica is

up over last year and set record #’s in 2011.

• More and more tourists are flying into

Guanacaste instead of San Jose due to the

airport’s proximity to all major beaches and

resorts as well as National Parks.

• JetBlue, Delta, United, American Airlines,

Northwest, Frontier, US Airways with several US

non stop flights.

• $40 million airport expansion completed Q1,

2012 and now open.

• Multi-million dollar leading private hospital and

medical center opens in 2012.

• New roads, interstate, power & telecom

expansion.

CR Development Group

Company History & Overview

• In 2004, after a two year evaluation of Hawaii, Mexico, Bahamas, Bermuda and the Caribbean, CR

Development Group makes its first investment in Costa Rica.

• CR Development Group (CRDG) moves to Costa Rica full time in 2005.

• In 2005, CRDG acquires 140 acre parcel known today as Coco Bay Estates and The Club at Coco Bay.

• CRDG builds Project Manager team, including the people and companies instrumental in the largest,

most successful, luxury development today in Costa Rica called Peninsula Papagayo and Four Seasons

Resort.

• CRDG team has managed over $200 million in construction

• CRDG has a broad network of professionals, service providers, political contacts allowing CRDG to

deliver on time and on budget.

• In 2010, CRDG signs Joint Venture agreement with Varde (leading $5B company) to provide Asset

Management Services.

• In 2011, CRDG brings to market a robust amenities business including: Beach Club, Tropical Luxury pools,

10,000 square foot Tennis & Fitness Club with a tennis program run by a US Pro and Restaurant Pisces.

• In 2012, CRDG introduces Vista Ocotal.

• CRDG has businesses focused on: Land Entitlement, Project Development, Asset Management & Property

Management.

CR Development Group

People Jim Correll: Managing partner and founder of CRDG. He has been an active investor in real estate over the past 15 years in

California, Arizona and Texas. During the past six years Jim has focused exclusively on development in Costa Rica, leading the

acquisition of multi-million dollar land developments there. Jim is a graduate of the University of Nebraska and holds a double

major in finance and marketing. Prior to moving to Costa Rica, Jim was a Senior Vice President for Harte-Hanks (NYSE:HHS), one

of the world's largest targeted marketing companies and served on the board of directors for Q Interactive—a Landmark company.

Jim and his family live in Ocotal, Costa Rica.

Julian Rembert: Managing partner and founder of CRDG. Julian has invested in real estate and real estate development for over a

decade. He was the founder and owner of North State Appraisal and is an equity partner in two development companies. During

the past six years Julian has led the acquisition of multi-million dollar land developments in Costa Rica, and established CRDG’s

footprint there. Julian is a graduate of Presbyterian College in South Carolina. He majored in Business and received both a full

football and academic scholarship. Julian and his family live in Ocotal, Costa Rica.

Jose R. Ortiz: is a native of Costa Rica and for the past 5 years heads Project Management for CR Development Group. Jose

graduated from the University of Costa Rica in 1981 where he majored in Civil Engineering. He attended Purdue University earning

his masters in Civil Engineering with a specialization in Construction Engineering and Management. Mr. Ortiz was the Director of

Cost Control and Information Management for the Four Seasons Resort Project in Costa Rica. He and his family live Playa Ocotal,

Costa Rica.

Mauricio Urena: is a native of Costa Rica and for over five years serves as CRDG's operations manager. Prior to joining CRDG, He

served as Manager for Banco Cuscatlan, now Citi. He has over a decade of experience helping businesses and customers with a

wide range of financial products, and has worked directly with key international real estate investment clients. A graduate of the

University of Costa Rica in Business Administration, Mauricio is certified in several English-language technology courses. He and his

wife live in Liberia, Costa Rica.

CR Development Group

David Garcia: has broad experience in design, permitting, project management and property maintenance. In addition to

managing CRDG's preventive maintenance team, David is the lead Project Manger for CRDG's newly released Vista Ocotal

development. David received a Masters Degree from the University of Columbia. David has lived in Costa Rica for over 7 years and

prior to joining CRDG David was the head Architect and Project Manager for a 5,700 acre project in Guanacaste, Costa Rica with a

total investment of over $120 million. This residential community is planned for over 1,800 living units and an 18-hole

Championship Nicklaus Design Golf Course. David, his wife and two children live in Liberia, Costa Rica

Gina Correll: is responsible for Marketing and Investor Communications for CRDG. She has an extensive background with over 20

years in sales, target marketing, analytics and customer service. Gina has held vice president positions for large Fortune 500

companies such as Equifax, ADVO and Symphony Services. A graduate of Redlands University she majored in Business and minored

in Spanish.

Gabriela Coto: is a native of San Jose Costa Rica and serves as the HOA Administrator, Club Manager for The Club at Coco Bay

Estates and is the Director of CRDG Services for concierge, rental and the tour needs of our clients. She graduated with a degree

in Business Administration from the University of Costa Rica and has over 10 years experience in the areas of operations,

management, customer service, marketing and business development. She has served in various quality assurance, customer

service and loyalty positions. She lives in Playas del Coco, Costa Rica. David Garcia serves as Director of Operations for CRDG and

a bilingual Architect and Project Manager.

Karen Rembert: Is responsible for The Club at Coco Bay and Event Management. Karen was the Tennis Director at North Hills Club

in Raleigh, North Carolina for 13 years. During her tenure there, North Hills grew into one of the largest tennis clubs in the south

and won the USTA facility of the year award. Karen is a recognized professional having teaching successes with all ages and at all

levels. Karen graduated from Presbyterian College on a tennis scholarship with a Business Administration Degree, and went on to

earn her Master's in Sport's Administration from East Carolina University.

Brandon Dall'Acqua: Serves as the financial manager and business analyst for CRDG. He is responsible for business analysis,

strategy, data management and accounting. Previously Brandon served as an operations specialist with a Bank of New York

subsidiary and as an international accountant for Boston Consulting Group. He is a graduate of Northeastern University, with a dual

major in Finance and International Business

Vista Ocotal – Costa Rica www.vistaocotal.com

4 AcresOcean View & Walk To The Beach

Vista Ocotal is a rare parcel located in Ocotal, Costa Rica

Finished Units starting in the low $100,000’s

Located only 25 minutes from Liberia (LIR) International Airport.

Ocean view and walk to the beach location.

Ocotal is known as a nature’s lover’s paradise and eco-friendly.

In the heart of many activities – golf, tennis, water sports, eco-adventures.

Located in a very high rental demand area with easy access and services.

Everyone at Vista Ocotal Enjoys The Club at Coco Bay

New 10,000 square foot Tennis & Fitness Club

Tennis Courts and USPTA Certified tennis teacher

Large tropical pool with water slides

Gym & Locker rooms

Onsite Spa

Restaurant and sports bar

Beach Club located in Ocotal, Costa Rica

www.theclubatcocobay.com

Linda Pasas & Melissa Day

619-977-4650 619-797-5478

Info@SmartInternationalInvesting.com

We will arrange a special investor tour so that you can experience this amazing project yourself.

Contact us to find out more!

Prepare yourself for a great investment that will lead into

stylish retirement living with Vista Ocotal!