La Joya de Costa Rica

Established Hardwood & Teak Timber

The Timber on the Estate

The estate includes established hardwood and teak trees growing across the land. This page provides factual information about the timber resource for buyers who want to understand what the property includes.

The Property

Established Hardwood Trees

What makes this property distinctive is the established hardwood forest growing across the land. The trees include teak and other tropical species planted starting in 2005. Buyers interested in the timber resource are encouraged to arrange a site visit and obtain independent professional assessment of the standing timber.

Teak is a long-lived tropical hardwood valued for its durability and density. Established teak plantations are found across Central and South America and are considered a tangible, long-term land asset.

Established hardwood and teak trees on the estate

Deep Dive

Teak on the Estate

Established trees planted starting in 2005

The estate has established hardwood and teak trees growing across the property, planted starting in 2005. Teak investments are medium to long-term in nature — prime tropical hardwood that grows for 20 years or more in commercial plantations.

Though teak originally came from South East Asia, plantations are now more commonly found in Africa and Central and South America. The trees on this estate have been growing since 2005. Buyers with an interest in the timber resource are encouraged to obtain independent professional assessment.

2005Year Planting Began

Assessing Timber Value

The most common method for assessing teak timber value is based on standing timber volume and market price per cubic metre. Any assessment should be conducted by an independent professional. Key factors include:

01

An estimate of standing timber volume (m³)

02

Current market price of teakwood per m³

03

The age and condition of the trees

04

The schedule and cost of thinning and harvest

Schedule of Thinning

A thinning schedule sets the pace at which the plantation will be thinned — removing weaker trees to allow the strongest to develop. The schedule affects both the timeline and the commercial value of the timber resource. Buyers should obtain independent advice on the current state and projected schedule of the trees on this estate.

Timber — Considerations for Buyers

As with any land-based resource, buyers should conduct their own due diligence. Factors to consider include site conditions, tree health, access for harvesting, and local regulations. An independent site assessment by a qualified forestry professional is recommended before placing any value on the timber resource.

The Process

Stages of Hardwood Growth

Hardwood plantations in Costa Rica go through a number of stages in the reforestation process.

01

Initial Stage

Clearing an area, then pegging and planting the hardwood trees.

02

Tending Phase

Tending and beating up the forest — nurturing growth and removing competing vegetation.

03

Harvest Stage

Pruning, thinning, and harvesting the hardwood at peak commercial value.

Independent Assessment Recommended

The estate includes established hardwood and teak trees that have been growing since 2005. The timber resource is one component of a 315-acre property that also includes a 15,000 sq ft hacienda, natural springs, agricultural land, and mountain terrain.

Buyers interested in the timber resource are encouraged to arrange a site visit and commission an independent professional assessment. Contact us to arrange access.