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Real Estate Investor Briefing
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Real estate and toursim meet in Nicaragua
October 2006
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Greetings from Nicaragua!
Tourism arrivals to Nicaragua have increased
dramatically in recent years and are currently
growing at 19% annually. Tourism is now contributing
more than any other single industry in Nicaragua's $5
billion economy. Current projections indicate that by
2007 there will be more than one million visitors to
the country.
This trend bodes well for the
real
estate investor as real estate market appreciation
and growth in visitor numbers are closely
correlated.
Tourism and real
estate development
Not surprisingly the
areas attracting the most tourism, such as San Juan
del Sur, the Tola Riviera, Popoyo, Granada and
Laguna de Apoyo are also those generating the
highest levels of real estate activity. As more visitors
explore inland mountain areas, such as Mombacho
and Matagalpa, we anticipate real estate dollars and
associated development will follow closely behind.
The future of tourism in
Nicaragua
In recognition of the
importance of inward investment and tourism to
Nicaragua, all
Presidential candidates in the upcoming election have
made efforts to meet with the tourism and
investment community by holding open meetings in
Managua, Granada and San Juan del Sur over the
last few weeks.
With the four main political parties closing their
electoral campaigns this week, in advance of the
general election on 5th November, the outcome is
still looking too close to call. All the parties have
stressed their commitment to encouraging the strong
upward trend in tourism figures and to supporting
inward investment in the country.
We look
forward to updating you after the election and hope
to be able to welcome you to Nicaragua in the near
future. Please do not hesitate to contact us with
comments and questions.
Best wishes from
Nicaragua
Claudia and Sara
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“One of the prettiest views I've seen anywhere in the world.”
Arenas Bay is the unveiling of pure nature with white
sand beaches, cliffs, intimate coves and bays,
crystal clear water, breathtaking views and rich
biodiversity. Its 600 acres, comprise three secluded
bays along two miles of dramatic Pacific coastline.
One of our agents, after a visit to Arenas Bay, had
this to say: “The view over Giant's Foot to
Iguana and Los Perros is one of the prettiest views
I've seen anywhere in the world.”
Arenas
Bay is a
multiphase development with a wide range of
investment options to suit different goals and needs.
For investors interesting in financing and a solid
rental pool, homes are available for $129,900 built
above a beautiful horseshoe shaped beach and with
access to an on-site spa and Sunyata Yoga centre.
Exclusive and expansive hardwood homes on
dramatic Buccaneers Point start at $250,000.
All
properties have access to the facilities of the greater
Arenas Bay community including club house, pools,
restaurant, bars and boutique spa.
Arenas Bay is the unveiling of nature unmolested
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Villa for sale on Nicaragua’s “Pacific Riviera”
Located in one of the most prestigious real
estate
development projects in Nicaragua, this villa is
located only 2-3 minutes walk from a sweeping sandy
beach with numerous surf breaks and good swimming
areas. The property is offered fully furnished and
equipped and operates as a popular rental, currently
netting $10,000 annually.
The villa has
access to all
the modern amenities this luxury development has to
offer including club houses, swimming pools, hotel,
restaurant, bars, stables, convenience store, cable
TV and internet. With this villa you are not betting
on the infrastructure but rather buying into a first-
rate community where everything is already up and
running.
The 1,200 sqft villa is offered in
excellent
condition with two bedrooms, one bath, fully
equipped kitchen, and stylish living accommodations
including television, stereo and air conditioning in
every room. It also features a storage room (or
laundry facility), and a noteworthy original circular
architecture giving it a balanced overall feel.
Now you can own an beach villa you can be proud of
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Coldwell Banker Nicaragua Real Estate provides
comprehensive listings of property for sale in
Nicaragua. We continually scour the country with
our network of local property finders for the best
deals and work with the finest real estate developers
in Nicaragua. We invite you to review
our property listings and please do not hesitate
to contact us with any 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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