Special construction expo planned for next week

The Costa Rican chamber of construction will host nearly 500 stands and 200 businesses for a construction expo next week where companies and individuals with projects can find contractors and merchandise.

The ExpoConstrucción y Vivienda 2012 Edición Especial, a five-day event organized by the chamber of construction, will also feature an auction of more than 120 foreclosed properties by seven banks, according to a press release.

The goal is to bring construction companies and construction material suppliers to potential customers, according to Randall Murillo, president of the construction chamber.

“The idea of the expo is to have more opportunities,” he said.

The chamber of construction has hosted the expo annually for 12 years, but it is usually held in February, which is summer in Costa Rica. This expo is called a special edition because it is the first expo held in addition to the annual one.

Although the special edition has less participants than the one in February, it is only marginally smaller, with seven banks instead of nine, 185 businesses instead of 225 and 490 stands instead of 550.

A main event at the exposition is always the auction of foreclosed homes. This year more than 120 properties will be auctioned off, including empty lots from $25,000 to $100,000 and completed homes from $45,000 to $1.7 million. The banks and loan agencies selling these properties include: Banco de Costa Rica, Banco Popular, Banco Nacional, BAC San José, Mutual Cartago de Ahorro y
Préstamo, Mutual Alajuela and Scotiabank.

“They are great opportunities,” said Murillo.

According to the press release, these and other banks will offer special financing options on these properties at the expo, available to Costa Ricans or foreigners with legal residency.

“In colons, there is no restriction on the quantity of houses that an applicant has or wishes to acquire,” Guillermo Quesada, an assistant commercial manager at Banco de Costa Rica, said in a press release.

As a sponsor, Banco de Costa Rica will also raffle off a $10,000 debit card at the expo.

However, Murillo explained that this is only half of the expo.

“The fair is also for those who want to build a house or remodel,” he said. “There are companies selling floors, doors, windows, finishings.”

These are only a few types of products and services that companies will offer at the expo, and a full list of the businesses that will have stands at the expo is posted on the chamber’s Web site.

The fair will run from next Wednesday until Sunday, Sept. 2. Seniors and children under age 12 can enter the festival for free any day, but adults need only pay 2,000 colons on Saturday and Sunday.

The expo will take place at the Centro de Eventos Pedregal, 800 meters west of the San Antonio de Belén train station, or about midway between Alajuela and Heredia. The expo will be open Wednesday from 1 p.m. until 10 p.m., Thursday, Friday and Saturday from 10 a.m. until 10 p.m. and Sunday from 10 a.m. until 8 p.m.

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