investment-highlights

Investment Highlights

An exclusive opportunity to invest in a growing hotel real estate portfolio in Costa Rica.

Up-And-Coming Operator

• ONDA is a tech-enabled operator, targeting Millennial and Gen Z travelers, that drives best-in-class unit economics.
• ONDA holds 20-year master leases to the portfolio properties.

Growing Portfolio in Prime Locations

• Diverse portfolio located in top tourist destinations across Costa Rica.
• Exposure to the red hot Guanacaste property market.

Turnkey Opportunity

• Passive investment in US LLC – easiest way to gain direct exposure to Costa Rica real estate.
• No management fees.

Attractive Returns

• Turnkey model allows us to generate impressive risk adjusted returns.
• Unmodeled upside from future site acquisition – many targets identified.

investment-highlights
why-costa-rica

Why Costa Rica?

Home to four certified UNESCO World Heritage Sites, endless stretches of unspoiled beaches, epic waves, and acres of picture-perfect rainforest foliage, it’s impossible to talk about Costa Rica without mentioning its biodiversity.

Stable Investment Climate

The resilient growth post-GFC of 2008 has enabled Costa Rica to attract significant foreign investment. Thanks to economic & social progress, CR became part of the OECD in 2020.

Strong Tourism Growth

Second most visited country in Central America with 3m+ visitors.

ONDA in Costa Rica

ONDA is focused establishing itself as a leading brand in Costa Rica for millennials and digital nomads.

why-costa-rica
playagrande

Operational Asset: Playa Grande

Opened January 2022

19 Keys | 46 Pillows

ONDA Playa Grande is a 5 minute walk from a leading surf beach and is located in close proximity to the nightlife capital of Tamarindo. Property features include coworking space, beer garden with stage/yoga deck, community kitchen, and pool.

Award-Winning Destination

Strategically Located

Positioned For Growth

playagrande
monteverde

Asset Under Development: Monteverde

Opening January 2026

28 Keys | 80 Pillows

  • PROJECT STAGE

    Construction Start 2025

  • ACQUISITION COST

    $950K

  • EXPANSION COST

    $2.2M (estimated)

  • TOTAL COST/KEY

    $113K (estimated)

Situated at approximately 4,300 feet in elevation, the Monteverde region is world-famous for its cloud forests and biodiversity. Cooler weather makes this a great compliment to a beach destination.

Travelers seeking nature, adventure, wildlife, and an authentic Costa Rican experience love the pueblo of Santa Elena for it’s small-town feel and easy access to surrounding nature.

Award-Winning Destination

Strategically Located

Positioned For Growth

monteverde
team

Team

LEADERSHIP


Screenshot 2024-06-07 at 16.47.24

Bill Graf

CEO

HIG Capital, Harris Williams & Co.

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Bernardo Verweij

COO

Hilton, Etihad

PRODUCT & DEVELOPMENT


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Federico Chavarria

Architect

Selina, Gensler

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Diana Rodriguez

Interior Designer

CJI Group

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    Tara Brandy

    Procurement

    Selina

      SALES & MARKETING


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      Allie Kisch

      Director of Group Sales

      EatStreet, Ian’s Pizza

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      Eva Bourreau

      Director of Development

      Hotel le Bristol, Selina

      ADVISORY BOARD


      Screenshot 2024-06-07 at 16.47.57

      Zach Rapaport

      Hospitality Development Advisor

      Life House, Selina

      team
      contact

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      Disclaimer:
      Investment opportunities presented on this website are limited to Accredited Investors.
      This website is for informational purposes only and does not constitute an offer to sell any security. This website does not constitute a solicitation to buy any security in any jurisdiction where such solicitation would be unlawful. We do not (and are not) providing investment, legal, or tax advice. Please consult with your investment, legal, or tax professionals before investing. Risks: Investing in real estate involves risks, including the total loss of your investment. The value of an investment can fluctuate and may be affected by economic and market factors. Real estate investments are illiquid and there is no guarantee that you will be able to sell your investment at your desired time or price. Past performance is not indicative of future results. The success of our past projects does not guarantee the success of future projects. There is no assurance that a project will generate positive returns or that the returns shown on this website will prove accurate. The projected returns reflected on this website are based upon a number of assumptions and estimates that inherently are subject to significant business, economic, competitive, regulatory and operational uncertainties, contingencies and risks, many of which are beyond Primer Conejo’s control. Such assumptions may be incomplete or inaccurate and unanticipated events and circumstances may occur that could have a material adverse effect upon Primer Conejo’s ability to achieve the projected returns. Future actual realized returns may differ materially from those projected in this website. The return on your investment may be affected by various factors, including the performance of the underlying property, the timing of the investment, and the economic and market conditions. All images and figures shown are for illustrative purposes only and are not actual customer or model returns. Primer Conejo is not a cryptocurrency app, all monetary values are in U.S. dollars.

      “This website does not constitute the solicitation of any offer to purchase in any jurisdiction where such solicitation of any offer would be unlawful. Any investment will involve a degree of risk, including the risk factors that will be included in the PPM (described below). An investment should be considered only by investors who can bear the risk of a complete loss of their investment. Viewers of this website are not to construe the contents of this website or any contemporaneous, prior, or subsequent communication from Primer Conejo or its affiliates as legal, business or tax advice. Each viewer should consult his or her own independent personal legal counsel, accountant and other advisors as to legal, tax, economic, financial and related matters concerning the investment described herein and its suitability for such viewer. Certain information (including economic and market information) contained herein is based upon or derived from published sources prepared by third parties. Although we believe such information is accurate and the that the sources from which it has been obtained are reliable, neither Primer Conejo nor any of its affiliates can guarantee the accuracy of such information or have independently verified the assumptions therein. As such, neither Primer Conejo nor any of its affiliates assume any responsibility for the accuracy or completeness of such information. Additionally, this website includes certain statements with respect to an investment’s anticipated performance. There is no assurance that an investment will achieve its investment objective or generate positive returns or that such anticipated performance will prove accurate. Investment performance can vary significantly over time and there is no assurance that reported unrealized values can or will be realized. Assumptions, believed to be reasonable by Primer Conejo, may nonetheless be inaccurate and/or subject to material differences based on judgment and other subjective measures. Future actual realized returns may differ materially from those projected. This website also contains “forward-looking statements”, which represent our expectations or beliefs. These statements, by their nature, involve substantial risks and uncertainties. They are only predictions and are based upon a number of assumptions; they are not guarantees. Our actual results of operations could differ materially from those expressed or implied in the forward-looking statements. Any offer to purchase an interest will be made only by means of the confidential private placement memorandum prepared by Primer Conejo or its affiliates, including all exhibits, schedules, and supplements thereto and related offering material referenced therein (collectively, the “PPM”).Any viewer of this website considering an investment should not rely on this website. Instead, the recipient should carefully review the PPM and any such investment shall be made solely on reliance upon the PPM. No investment commitments will be accepted until an investor receives a copy of such PPM and access to information regarding the Project. Until such time, the matters described herein remain subject to change in all respects.

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