2002 through 2006 were good times for real estate investors. And during those years the Viva Tropical founders, Park Wilson & Josh Linnes, were able to amass a portfolio of over 200 real estate transactions in both commercial & residential sectors, with valuations well into 8 figures.
But in 2006, they began to notice that investment fundamentals no longer made sense. The market was awash in capital and prices had been pushed through the ceiling. This signaled the time to exit.
Josh had been investing in Costa Rica for 10 years, so at his suggestion they decided to broaden their scope for investments and investigate opportunities abroad. After 9 months of due diligence, they began to grip on the inefficient markets of the Latin Tropics