Good value abounds in Nicaragua
Nicaragua has been called "Costa Rica North" for a good reason. Land prices and tourism development are at the same stage Costa Rica was fifteen years ago. Nicaragua has a natural beauty that easily meets and often even exceeds that of its neighbors, with prices that are far below others in the region.
Not only can you introduce yourself to an unparalleled lifestyle of relaxation and leisure, you have the opportunity to get in on the early stages of a real estate market poised for incredible growth.
8 vacation home offerings for under US $150,000
We've searched through all the good value Nicaragua has to offer and have found what we believe is the best of the best in terms of "value properties" - 8 vacation home options for under $150,000.
You'd be hard pressed to get a fractional ownership at these prices in Costa Rica. And we're not talking about properties in sub-prime regions. All the properties are in beautiful tourism heartland areas at the front end of a development boom. Proximity to key tourism destinations such as Granada and San Juan del Sur also bodes well for rental income.
Whether you are looking for a retirement spot for the future, or a place to diversify your investment portfolio at a time of recession at home, we encourage you to take a closer look at these opportunities.
"It doesn't take much imagination to see where Nicaragua is headed... or to recognize the potential of an investment in real estate in this country right now. The situation is similar to that in Costa Rica and Belize in the late 1980's when real estate prices increased by 500% or more in a very short time. And arguably Nicaragua's lakes, volcanoes, two oceans waterways and pristine rain forest offer greater potential than its neighbors." -Miami Herald.
1. A secret bargain just north of the border with a view to Costa Rica.
Just north of the border and with a view to Costa Rica, you can find a Secret Bargain. For a limited time 2 bedroom, 2 bathroom ocean view condos are starting at US$140,000.
There is a view from every room
All have spectacular views of the Bay of Salinas looking across at the Coast of Costa Rica and, of course, the beach. The view in this rendering is an actual photo of the cove and the coast. The exterior is Spanish colonial, the interior layout is modern and convenient. Ever detail has been thought throught, from the hand textured walls and terrazzo flooring to the ultra violet protected windows and American Standard plumbing fixtures.
All units have First American title insurance and community amenities include a clubhouse, bar, restaurant, pool complex and underground utilities. All of this for $140,000 for a middle unit and $150,000 for an end unit.
Contact us for further information.
2. Value priced tranquility and the perfect backdrop for a healthy outlook on life
Nestled in the tranquil foothills a few kilometers from the bustling village of San Juan Del Sur there's a tranquil yoga community offering a perfect backdrop for a healthy outlook on life. Here you can join a like minded community and enjoy the 29 meter lap pool, gourmet restaurant, organic gardens, shaded child play area, covered poolside yoga terrace and specialty spa. This development draws expert yoga instructors from all over the globe and features special classes on a regular basis.
There are two different homes in this development that fit our 'value homes' criteria. The first is a 900 sq.ft one bedroom home priced at just $89,000. The property opens up into an enclosed garden area with lighting around the wall which extends your living area by the addition of a built-in seating area and covered pergola. The second, a lovely two bedroom, two bathroom house, with an asking price of $139,000.
Contact us for rental income projections and floor plans.
3. Ocean view bungalows at value prices
A new mixed-use residential community has opened 4 kilometres from the hustle and bustle of San Juan del Sur and 700 metres from the beautiful Remanso beach break. On offer for a limited time only are homes starting at $125,000
Experience the best of both worlds
This project will offer its residents the best of both worlds; all the modern conveniences and security of gated community living along with the natural beauty and serenity of the carefully preserved natural surroundings. The entire development sits on a 65 acre parcel of which 50 acres will remain as green space.
Residents have access to a clubhouse, large swimming pool, gym, jacuzzi, children's pool and playground, restaurant and bar. Each bungalow has a private roof top terrace. The beautiful views and cooling ocean breezes already exist, you just need to add a hammock. This is the perfect spot for a holiday home. The 2 bedroom options are priced at $135,000 and $142,000 with the one bedroom listed at $125,000.
And if this development isn't already enticing enough, a whopping 70% can be financed over the next 7 years.
Contact us to receive detailed floor plans and further information about financing.4. Beautiful and private beach access at value prices
Tucked into the trees, just north of San Juan del Sur and on the way to the breathtaking sands of Playa Marsella and Playa Maderas, is a value opportunity not to be missed. Imagine sharing your own private stretch of white sand beach with only your friends and a few close neighbors.
This development just might be the best value opportunity in Nicaragua.
Here you can take your pick from a two bedroom 1,300 sq.ft bungalow for $89,000 or a three bedroom 1,550 sq.ft option for an unbelievable $95,000. The homes are separated and shaded by old growth trees and well thought out landscaping. Each home is on a generous sized plot - perfect for the hobby gardener.
5. Golf and surf at value prices
In this popular residential community we've found two different value condo options, both with terrific rental opportunities.
You won't need to choose between golf or surf. From these condos you're just a few steps to both activities. Just imagine being able to schedule your tee off times around high tide...
A spacious 1,200 sq.ft split level one bedroom is available for $149,000. The condo has its own private balcony to take in the views. Alternatively you could consider an efficient one bedroom, second floor golf front condo for $119,000. Both units are fully furnished and come with new appliances and include a golf membership valued at $7,500.
Contact us for more information6. Discover a private community near the historic colonial city of Granada
Well appointed homes within a secure, gated community only a few hundred meters from a boating marina and only 2km from Granada's central plaza. With easy access to Lake Nicaragua, this development should appeal to those who might enjoy spending the day fishing, sailing or kayaking in and around the more than 300 island archipelago.
This development provides a peaceful and breezy environment, tucked away from the bustle of downtown, but close enough to enjoy Granada's old world charm, nightlife, restaurants and cultural events. Granada is one of the most popular destinations in all of Nicaragua. For a limited time only you can pick up a three bedroom home here for an unbelievable $99,000..
7. Walk to Playa San Juan del Sur
Just released, a suite of 10 great value homes located a mere 200 meters from the beach and within walking distance of the village of San Juan Del Sur. Purchasers will have a choice between a 1 bed, 1.5 bath 750 sq.ft home or a 2 bed, 2.5 bath model with a 1,000 sq.ft floor plan. The one bed is available for $95,000.
There really isn't another development within walking distance of San Juan del Sur that can match these prices.
Each home also includes a 120 sq.ft deck from which you can enjoy the beautiful views across the valley and into the foothills of San Juan del Sur. These houses are offered at a pre-construction discount with construction expected to start in late 2008.
Contact us for more information
8. A value opportunity within an hour of the Managua International Airport
On Nicaragua's central Pacific coast a premier resort community is emerging that is destined to be Nicaragua's leading upscale hotel and golfing destination. The building standards and the infrastructure is world class. This means more than just the elegant beauty of paved streets, sidewalks and streetlights. It's the underground electric, fiber optic cable to every home, high pressure freshwater and sewer systems designed to North American standards that make the basics of life convenient.
This development offers 2 options that meet our value criterion. First there are condominium apartments, with one bedroom options starting at $109,990 within walking distance of the beautiful beach and close to the golf course.
Second, for those looking for the feeling of a single family homes, the casitas, a variation of the carriage house concept that has become popular in North America, are worth a closer look. These free-standing homes are part of the "lock it and leave it" variety. What this means to you is that all exterior maintenance is covered in the association fee along with common areas. This hassle free single family home is the perfect vacation and rental unit. Lot and casita home packages start at $126,000.