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Real Estate Investor Briefing
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The emergence of San Juan del Sur
July 2006
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Greetings from San Juan del Sur
In this newsletter we have focussed on property in
and around San Juan del Sur, a rapidly growing
tourism and investment destination on Nicaragua's
southern Pacific coast. The town is evolving before
our eyes; new internet cafes, bars and restaurants
are opening and a major expansion of the port area,
to better service international cruise lines and
support the local fishing industry, is currently
underway.
What makes San Juan del Sur
interesting is the beautiful geography of the town
and the surrounding areas. It is no surprise
that this area of Nicaragua's coastline is generating
the most interest. Rolling hills, now a beautiful
verdant green, dropping towards secluded sandy
beaches and dramatic rocky outcrops on the ocean
front. A number of real estate developments have
sprung up taking advantage of the numerous
stunning ocean view sites that exist around the
town. There are few places left in the world where
you can pick up an ocean view site for under
$50,000 so close to a rapidly growing tourism and
investment hub and with close access to sandy
beaches and world class surfing spots.
Growth in supply of turnkey product
The most noteworthy real estate trend in the past
three years has been the large growth in the supply
of turnkey products, (villas, condos, casitas,
bungalows), many of which are offered pre-
construction. Coined as "condomania" in a recent
edition of Waves magazine, close to 33 out of the 65
major developments on the Pacific Coast now offer a
turnkey product. The graph above charts the
relative availability of different real estate products
between 2003 and 2005.
Nicaragua is going through interesting times and San
Juan del Sur presents a perfect study of the close
link between tourism and real estate investment that
has been experienced in countless places around the
world. Many visit Nicaragua as tourists and leave as
investors.
We invite you to San Juan del
Sur and would be delighted to meet with you, discuss
market trends and take you on a property tour of
properties that we think offer the right combination
of price, location and quality.
Best wishes
from Nicaragua
Claudia and Sara
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It's the view that will keep you coming back
A new ocean view home at Cantamar El Yankee
You can see the waves roll in and break on Yankee
beach from this ocean view home. The beautifully
appointed house on the property offers three
bedrooms, three and a half baths and well designed
living accommodations arranged over two floors and
1620 sq ft. The construction of the main house has
recently been completed and landscaping is currently
underway. Cantamar El Yankee is a popular
development with investors attracted by the world-
class sandy sweep of beach (after which the
development is named), dramatic geography,
expansive views and proximity to San Juan del Sur to
the north. Asking $260,000
More details on this turnkey property
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Ocean views in a natural setting
The right combination of price, location and quality
At Paraiso de Amelia you can get a beautiful ocean
view property for under $50,000 close to the rapidly
developing town of San Juan del Sur. Fully serviced
lots are available nestled within this 100 acre
property in a rich natural setting of old-growth trees,
waterfalls and lush valleys.
Fully serviced
half-acre home sites start at under US $30,000 with
financing. In in-house construction service is also
available.
available for up to 75 percent of your purchase price.
Financing available
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Invest with confidence...develop with a conscience
Large parcel concept offered at Las Fincas
This is the strap-line of Las Fincas, a real estate
project run by Donn Wilson - developer, entrepreneur
and surfer based in San Juan del Sur. Donn
ecrognizes that real estate investors are entering
into another country and have an obligation to
respect the land, the people and the environment
and so Las Fincas is designed with sustainable
development principles ‘built in’. Large parcels of
several acres are available starting at $40,000 with a
basic solar power setup and aligned with a series of
active community outreach projects introducing
highly effective, yet low-cost solutions for cooking
and purifying drinking water.
More ocean view land for your money
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Combine a growth and income strategy
Quality rental property can be hard to find in San
Juan del Sur. Villas de Palermo is set to fill this gap.
Taking advantage of Nicaraguan Law 306, which is
designed to encourage investment in tourism,
investors get a 10-year tax break on rental income
earned. This is a complete turnkey experience -
villas are supplied fully equipped including cutlery,
crockery and linens. Each unit is a two-bedroom,
two-bath model, with 1,600 square feet of living
space, currently asking $189,000.
Contact us for more information
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Fast track your real estate investing
strategy
During July and August 2006
Coldwell Banker Nicaragua is running a series of
investment seminars in Long Beach
California. Our goal in these seminars is to bring
you the best real estate opportunities in the country
and to help you fast-track your real estate
investment strategy for Nicaragua. We invite you to
leverage the many years of experience that Coldwell
Banker has in finding the best investment and
lifestyle buys in the country. Don’t miss this timely
seminar. To register, please click here and fill out the registration
form.
Please do not hesitate to contact us with comments.
Coldwell Banker Nicaragua Real Estate. Offices in Granada and San Juan del Sur
phone:
+ 505 552 2908 (Granada) or + 505 568 2360 (San Juan del Sur)
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