Celebration, Florida-based La Rosa Holdings Corp. (NASDAQ: LRHC) has been named the exclusive US listing agent Flor de Pacífico, a new master-planned residential development in Guanacaste, Costa Rica.
Under the terms of the agreement, La Rosa will lead US-based sales and marketing efforts for the project over an initial five-year term. The company will earn a 10% commission on transactions facilitated through its intermediation during this period.
“This partnership represents an exciting milestone for La Rosa as we expand our international footprint and bring distinctive global opportunities to US buyers,” said Joe La Rosa, CEO of the Company. “Phase 1 alone represents an approximately $20 million sales pipeline, and we see strong demand from US buyers seeking premium international real estate. Importantly, this is just the beginning, Flor de Pacífico is a multi-phase development with the potential to scale into a significantly larger, multi-million-dollar project. Based on the success of Phase 1, we expect to have the opportunity to participate in future phases, which could meaningfully expand our revenue potential and deepen our presence in the Costa Rica market.”
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