Released on = May 15, 2007, 1:44 pm

Press Release Author = Ed Sklar

Industry = Real Estate

Press Release Summary = Hacienda Matapalo, a luxury Costa Rica gated community with
Ocean views is being represented by Investors Realty of Fort Lauderdale

Press Release Body = INVESTORS REALTY COSTA RICA 1995 E. Oakland Park Blvd.
Fort Lauderdale, Fl. 33306
Phone (954) 630-8339
Toll Free (800) 281-4145
Press Release
Contact: Ed Sklar
Phone: (914) 643-9195 FOR IMMEDIATE RELEASE
5 P.M. EDT, May 15, 2007
INVESTORS REALTY ANNOUNCES EXCLUSIVE LISTING ARRANGEMENT FOR LUXURY OCEANVIEW GATED
COMMUNITY IN COSTA RICA

FORT LAUDERDALE, FL. MAY 15, 2007: Investors Realty announced today that an
agreement has been reached with Pegasus Star; a Costa Rica based company to
exclusively market the remaining villas and home sites of Phase One of this
multiphase project.

"The first phase is selling well," said Michael Starkey, Vice President of Sales
"with most of the early purchasers being Floridians seeking incredible second homes
coupled with real estate investments yielding historic double digit returns"
The 665 acre parcel located on the central South Pacific Coast in Costa Rica
has Nature as a backdrop, with an onsite nature preserve, waterfalls, nature
trails, springs with great drinking water, lushly forested Mountains, and the
ocean condensed into one picturesque piece of Costa Rica.

The gated communities of Hacienda MataPalo will include amenities unrivaled in the
area including a beach club, equestrian center, tennis, a well appointed clubhouse,
infinity edge pool and spas, concierge service, and a rental program

Located on the soon-to-be paved Costnera Highway (Pacific Coast Highway) in the
Central South Pacific region of Costa Rica. A new international airport and hospital
will further enhance access to an area that has been praised for its natural beauty
and amazing and abundant wildlife

Investors Realty has been serving the office and residential market in Fort
Lauderdale for the last 20 years, and saw the opportunity in Costa Rica as a
natural extension of their existing business. For more information, please visit
www.costaricaforme.com,







Web Site = http://www.costaricaforme.com

Contact Details = Ed Sklar
edsklar@costaricaforme.com
914-643-9195