Costa Rica Israel

What Costa Rica Israel does

Costa Rica Israel is a private real estate investment and development firm founded in 2006 by Avi Bitton, operating a dual-jurisdiction model with its operational headquarters in San Jose, Costa Rica and a sales and investor-relations office in Ramat Gan, Israel. The company acquires, improves, and sells income-generating real estate projects in Costa Rica, targeting Israeli individual investors seeking international diversification, attractive USD-pegged yields, and tax-favorable foreign property exposure. Its disclosed portfolio comprises four projects: La Meridiana, a 48-unit luxury apartment complex in Guanacaste generating 10% immediate rental yield; Hermosa Resort, a 410-dunam master-planned community near Jaco approved for 400 residential units; Lake Arenal, a 53-dunam hotel/resort development site; and the Rainforest Project.

The business generates revenue through two primary streams: one-time gains on property acquisition, improvement, and sale to investors, and recurring rental income distribution from occupied apartments managed by a local Costa Rica team with Israeli oversight. The company positions assets at up to 40% below prevailing market value sourced from Costa Rican banks and private sellers, packages them with up to 50% bank financing, and highlights Costa Rica's full capital gains tax exemption on up to three real estate transactions per year. The go-to-market is direct-to-consumer: personal meetings with Israeli investors at the Ramat Gan office, a Hebrew-language website, phone-driven contact, and referrals through the founder's personal network. The firm is privately held, founder-owned, and operates without disclosed institutional capital, acquisitions, or external funding.

Name

Costa Rica Israel

Legal name

Costa Rica Israel

Website

https://costarica-israel.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Costa Rica Israel is a private, founder-led real estate investment and development firm founded in 2006 that acquires, improves, and sells income-generating property projects in Costa Rica to Israeli individual investors, operating from San Jose and a Ramat Gan sales office.

Ownership category

akta.pro rank

Product category

International Residential Real Estate Investment

NAICS

Lessors of Real Estate (5311), Residential Property Managers (531311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro industry

PRIMARYBPAJAMAE

Hospitality (Hotels & Resorts) Asset Management

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Asset & Portfolio Management

SECONDARYTHAMAEAI

Luxury Villa Resorts & Branded Villa Communities

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Luxury Villas & Premium Rentals

SECONDARYFSAEAJAB

Commercial Real Estate Brokerage (Leasing & Sales)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Real Estate Advisory & Brokerage

Keywords

• Real estate investment
• Property development
• International real estate
• Luxury residential properties
• Rental income properties

Headquarters

HQ city

Tamarindo

HQ country

Costa Rica

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Real Estate Acquisition and Development: The company purchases, improves, and sells real estate projects in Costa Rica. Revenue is generated through property appreciation, development profits, and sale of properties to investors. The company also facilitates 50% bank financing for purchases.
2. Rental Income Distribution: Occupied apartments generate immediate rental income distributed to investors. Properties are managed by local Costa Rica team with Israeli oversight. Tenants include locals and expats (primarily Americans and Canadians). Net yields of 8%+ to 10-12% on rental income.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Costa Rica Israel acquires, develops, and markets residential real estate properties in Costa Rica, primarily targeting Israeli investors seeking income-generating assets abroad. The company offers turnkey property investments with advertised rental income yields of 8%+ and provides full property management services to enable remote ownership. Its portfolio spans four branded projects: La Meridiana (luxury apartments), the Rainforest Project, Hermosa Resort, and Lake Arenal.

Product overview

Costa Rica Israel is a real estate investment and development company operating since 2006, specializing in income-generating real estate properties in Costa Rica. The company offers four distinct property projects: La Meridiana (luxury apartment complex with 48 units generating 10% rental yield), Hermosa Resort (410-dunam resort development with 400 approved residential units), Lake Arenal (53-dunam hotel/resort site), and Rainforest Project (rainforest investment). The portfolio targets Israeli and international investors seeking properties priced up to 40% below market value, with net yields of 8%+ and favorable Costa Rica tax conditions.

Differentiator

Problem solved

Functional benefit

Products and services

• La Meridiana

Quantifiable outcome

• Net yields of 8%+ on income-generating properties, up to 10-12% on rental income
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Costa Rica GovernmentcoreStrategic or Co-development Partner · 1 January 2006Established relationships with Costa Rica government officials and regulatory bodies facilitating project approvals, construction permits, and favorable investment conditions for foreign investors.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• RE/MAX Costa Rica: Global real estate franchise with strong Costa Rica presence, brokering residential and investment properties across Guanacaste, the Central Pacific, and Arenal regions. Overlaps directly with Costa Rica Israel's project geographies.
• Coldwell Banker Costa Rica: Major US-affiliated brokerage operating throughout Costa Rica, including the Guanacaste and Jaco regions where Costa Rica Israel is active. Comparable in facilitating foreign-buyer real estate transactions for residential, vacation, and investment properties.
• Engel & Völkers Costa Rica: International real estate brokerage with established operations across Costa Rica, listing and selling premium residential and resort properties to international buyers. Directly comparable to Costa Rica Israel in target market (foreign investors seeking CR property) and product category (premium/vacation real estate).
• Century 21 Costa Rica: International franchise network operating across Costa Rica, providing brokerage services for residential, beachfront, and investment properties to international and local buyers. Directly comparable buyer-side intermediary in the same property categories.
• Osa Tropical Properties: Costa Rica real estate firm focused on vacation, eco, and investment properties, particularly in the southern Pacific and rain-forest regions. Comparable product type (rainforest/investment properties) overlapping with Costa Rica Israel's Rainforest Project.
• Better Homes and Gardens Real Estate Costa Rica: International brand with active Costa Rica operations covering luxury residential and vacation properties. Comparable as a foreign-affiliated brokerage serving cross-border investors in premium Costa Rica real estate.
• Bluewater Realty Costa Rica: Guanacaste-focused real estate firm selling residential, oceanfront, and investment properties to international buyers, particularly North American expats and retirees. Operates in overlapping geography (Tamarindo/Jaco corridor) and serves a similar end-buyer profile.
• Beach Realty Costa Rica: Regional brokerage specializing in beachfront and resort properties in Guanacaste province, including Tamarindo — the same area where Costa Rica Israel's La Meridiana is located. Comparable in target buyer (international expat/second-home) and property type (luxury coastal).

Regional players

• Tamarindo Real Estate (Guanacaste): Local boutique brokerage operating specifically in the Tamarindo/Guanacaste area where Costa Rica Israel's flagship La Meridiana project is located. Comparable in micro-market focus and direct-to-international-buyer distribution model.

Broad incumbents

• Sotheby's International Realty Costa Rica: Global luxury real estate brand with Costa Rica presence, marketing ultra-premium properties to high-net-worth international buyers. Overlaps in the luxury villa/resort category served by Costa Rica Israel but at the upper end of the market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/costa-rica-israel

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Costa Rica Israel