Portafolio Inmobiliario is one of Central America’s primary developers for housing projects, shopping centers, offices, and mixed-use buildings throughout the region. The company was founded in 1998 and consolidated in 2003 as a Real Estate and Property Development company, with a clear purpose to transform cities.
To date, the company operates 13 projects in Costa Rica. Some of its best-known developments include Torre Universal, Avenida Escazú, Terrazas Lindora, Escazú Village, Lincoln Plaza, and Aleste.
Added to this list are projects that are currently in the design, planning, or development stages, including Zona Franca Grecia, in Phase 1 of Costa Rica Green Valley, an industrial park located in the western region of the country.
Portafolio Inmobiliario not only develops these projects but is also responsible for their ongoing operations. The company endeavors to establish good long-term relationships with its tenants, which it considers to be an essential part of its vision and purpose. Portafolio Inmobiliario also maintains relationships with more than 10 local governing bodies, creates direct employment for 650 people, and manages permanent operations with more than 600 tenants.
The company further strengthened its commitment to sustainable development of cities through its approval of the 2020-2024 Sustainability Strategy, with which the organization aims to build cities where everyone can enjoy a dignified quality of life, be a part of the city’s productive dynamics, and create both shared prosperity and social stability, as well as minimizing and compensating for its environmental impact.
Development That Promotes Investment in Costa Rica
Portafolio Inmobiliario develops the Zona Franca Grecia project, which is located in the first phase of Costa Rica Green Valley. This first stage of free zone development consists of 12 hectares and a construction area of 95,000 square meters (1,023,000 square feet), and is projected to house at least 5 companies.
Currently, Zona Franca Grecia hosts Nitrile Gloves, a company that produces surgical-use nitrile gloves. Its industrial warehouse was awarded the Ecological Blue Flag in the Sustainable Construction category – a recognition that rewards environmentally friendly development, a commitment to efficient natural resources management, and the use of sustainable construction materials.
Likewise, DDS Lab will soon arrive onsite and will invest approximately $15 million in coming years, via the construction of its industrial warehouse and equipping those facilities to produce dental devices.
Costa Rica Green Valley operates under the Free Zone Regime, granting investors greater and more competitive incentives, due to its location outside the Greater Metropolitan Area, just 11 miles from the country’s primary international airport and 37 miles from its Pacific port.
The project offers competitive advantages and excellent operating conditions, including:
– Location: Grecia, Costa Rica has a higher human development index than the world average. Recognized for its people’s talent, its natural attractions, and its privileged climate.
– Human Capital: Availability of well prepared and committed talent, with competitive skills and wide-ranging abilities in manufacturing and the services sector.
– Public Transportation: Extensive network of direct routes between and within nearby cities, which facilitates dynamic transportation for employees, as well as for both raw materials and finished products headed to to their export destinations.
– Strategic Alliances: Links between the government, academia, and the private sector, which ensure the possibility of establishing Costa Rican operations both quickly and successfully.
For more information, please visit Portafolio Inmobiliario on the web, at www.portafolio.cr