CRDC Seeing Increased Demand for Central Pacific Luxury Real Estate Developments - The growing popularity of Costa Rica as a favored location for retirees, investors, and tourists has resulted in high demand for Costa Rican Development Corporation’s exclusive residential communities. The Costa Rica real estate market has experienced astounding growth in the past ten years, with a marked increase in foreign investors’ attention to luxury residential real estate during the recent period of sagging economy for the United States and Europe. The Costa Rican Development Corporation (CRDC) has seen heightened interest in its high-end communities, especially Cerro Fresco, a development featuring Balinese bungalow villas in Jaco´, Costa Rica. The tropical weather, exciting outdoor activities, diverse terrains, and natural wonders of Costa Rica combine to make it one of the most desirable locations for retirement homes and vacations. Investors are finding that their acquisitions of first class residences in developments such as Cerro Fresco are resulting in handsome profits.