The automatic assumption when analyzing a real estate option is that "best" must equal "expensive". Well, not this time.
Last week on a trip to the central Pacific coast of Nicaragua we unearthed what may be the best beachfront bargain in the country.
Set against a backdrop of soaring cliffs that glow at sunset and framed by dramatic rocky outcrops are a selection of spectacular beachfront lots.
The beachfront here is world-class. Easily the same caliber of sand and coast as you get farther North in California, but for a fraction, perhaps even one-tenth of the cost.
We'll tell you the price of these lots in a moment, but first we wanted to tell you about their location.
The beachfront lots are located on a spectacular part of Nicaragua's Pacific coastline, just 60 minutes from the international airport, in the heart of one of the finest resort communities on the coast.
Right next door to the lots, and part of the same master planned community, are a series of luxury mansions finished to a world class construction standard (see examples below). It's not surprising that there is an upscale feel here. A sense of privacy and space.
The word is getting out about this section of coastline - and this resort community - and people are coming. They are seeing seascapes that are absolutely gorgeous and they are buying.
We're talking from experience. We've run over 30 three day real estate tours focused on Pacific coast real estate and, by far, most of our sales have been in this part of Nicaragua's coastline.
You'll rarely find major hospitality brands such as the Four Seasons, Hyatt, St Regis, Mandarin or Starwood further than 90 minutes from an international airport. These beachfront lots are just 60 minutes away - arguably the closest stretch of prime beachfront to the airport.
So when the major hospitality brands start looking at Nicaragua, and the signs are that they have already started, guess where they will look the hardest and what that will mean for property prices in nearby locations...
The beachfront lots are being released with a special launch price of $99,000. But only a limited number are available.* The owner wants to launch this new neighborhood with a bang.
At this price, for this quality, the buzz is already building.
There is no doubt these beachfront lots are priced at an 'early in' price point. But here's the thing: They're located in a neighborhood that's already up and running. There's nothing 'early in' about the neighborhood that you'll be joining (except of course your price tag!)
A key factor in any good investment is capital return. That means buying the right property at the right price. One look at these beachfront properties and you'll realize they tick all the right boxes.
But we're also acutely aware of another part of the investment equation: lifestyle.
In Nicaragua you can have a luxurious lifestyle for under $950 a month (this includes food, full-time private help, transportation, health care, utilities, Cable TV, broadband Internet and entertainment at top restaurants and night-spots.) A quality of life that is impossible for many in the US and cheaper than elsewhere in Central America.
A vibrant oceanside community is growing here and we'd love to introduce you to it. We think you'll love what you see. And we think you'll love what you hear from those who are already living the beach life.
Complete the form below for more information, photos and lot maps on this magnificent beachfront opportunity.
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We'll be showing these beachfront lots on our free three day real estate tours. The tours will run on the following dates in 2011: May 20-22, June 17-19 and August 12-14. We are confirming the tour dates for November - December 2011 and January 2012. Get the full story here. There really isn't a more cost-effective (it's free) and efficient way to get in front of the best deals in Nicaragua than coming on tour with us.