We own a villa iPalma Real, but also own 2/3 of an acre (front row lot) in Trujillo Beach Echo Development (TBED), which we bought using Recap. It is for sale, if you are interested....relatively new development but a number of villas and a couple of condo buildings have been built on it so far. Recap is also selling mountain-top properties about 10 minutes from the airport in La Ceiba...place is called Corinto Pearl....they also have new developments in Costa Rica and Panama which are just starting out. They have had some issues, with full progression of the TBED property, mostly (I believe) because they got a little too ambitious in spreading their wings and trying to develop Corinto Pearl, and the Costa Rica and Panama developments at the same time....anyway they are doing their best to proceed and have built at least two condo buildings, on the beach, in TBED.