BajaNomad

nicaragua

latitude26n - 5-4-2005 at 08:03 PM

A friend of ours is selling a beachfront lot in a private community in Southern (Pacific) Nicaragua.

It's located on a white-sand beach and the private golf course is currently under construction. There are Howler monkeys in the trees and the ocean is alive with fish. Take a boat ride and you might pass one panga but you'll rarely see a sole on the beaches.

It's very different than most people expect.

The slogan should be "Nicaragua, the unexpected!"

Send a u2u if you're interested and I'll send you the link to the website so I don't take up any more space on this Baja Board.




[Edited on 5-6-2005 by latitude26n]

Bruce R Leech - 5-4-2005 at 08:17 PM

go ahead and post all the goody's if you want to sell it

Hacienda Iguana

latitude26n - 5-6-2005 at 06:25 AM

View from the property





[Edited on 5-6-2005 by latitude26n]

bajajudy - 5-6-2005 at 06:30 AM

Nicaragua is a treasure. We were there for almost a month 3 years ago and loved it. The people are warm and friendly and there are certainly some deals to be had on land. We came close to buying an island near Granada.
What does your friend want for this lot?

latitude26n - 5-6-2005 at 06:38 AM

Bajajudy-
Sit down, things have changed quickly in those 3 years since you were there.
$265,000 .

The property is located in "Hacienda Iguana Beach" in Rivas province, not too far from Granada.

bajajudy - 5-6-2005 at 06:47 AM

OUCH!
Granada area was way too gringo-ized for my taste. FYI they only wanted $35,000 for the island...that is looking pretty good right now.

GordoyFeo - 5-6-2005 at 09:49 AM

My fat and ugly butt was there last winter. Nice place but the feel is too should have been here 30 years ago.

Now, it is full of EuroTrash flashing overvalued EuroDollars and the gringos ain't so pretty either with their buckets of devalued dollars from overvalued real estate.

Little secret, El Salvador, southern part near Fonseca Gulf. Euros and gringos are scared to death of that place. Great people, gruesome history, great surf and fishing, easy import and residency rules and lots of unemployed ex-fighters to hire as your own personal machetero.

Otherwise, it?s the Oso or Manzanillo in CR. At least in CR you know the rules and they release the billfish.
Rule 1. Leave your car windows down, doors unlocked and nothing in the car.
Rule 2. Your house will be robbed and not while you are there.
Rule 3. Petty crime against foreigners is a birthright and violent crime is unlikely.
Rule 4. You are a foreigner.
Rule 5. The cops are as corrupt as they are in Mexico and lessons one has learned in Mexico from dealing with corrupt cops go a long ways in CR too. ie. CR cops don?t like to go to the station with you to pay any fines.
Rule 6. The inshore fishing is insane, one with his own boat and the means to fuel and maintain it may never leave.
Rule 7. CR woman love gringos.
Rule 8. It takes as much money to have fun in CR as it does at home, after all, Fun Ain?t Cheap!

latitude26n - 5-7-2005 at 02:50 PM

Quote:
Originally posted by bajajudy
OUCH!
Granada area was way too gringo-ized for my taste. FYI they only wanted $35,000 for the island...that is looking pretty good right now.


The beach front lots in this neighborhood sold for $50,000 around the time you were looking at islands 3 years ago Bajajudy. Most of the beach lots sold in the first year and resales are rare.

I'll try to describe it without sounding like a sales pitch.

This is a low density development with relatively few homesites for the size of the property (30 lots on the 1 mile of beach, and another 40 lots along the golf course and river). Most of the land remains dry-tropical forest with clearing for the golf course.

There is water (drinkable) and power to each lot and plans for centralized cable , along with a possible joint-venture satellite internet system with a neighborhood up the road.

The Rancho is bordered by an estuary on the north end of the beach and a kayakable spring-fed river in the south.

It's rare to have modern amenities available in such a pristine natural environment and there is no other development like this that is located on the beach in Nicaragua.

In Nicaragua, property can be owned fee-simple by foreigners and there is no capital gains tax.

The predominant wind is offshore- it's usually glassy in the early am then offshore the rest of the day.

The uniqueness of this location in Hacienda Iguana is what has influenced the price.

Dave - 5-9-2005 at 08:26 PM

You guys are nuts. Nicaragua?

What are you going to do when Ortega takes back the country and gives your property to the gardner?:lol:

Hey Dave

jrbaja - 5-15-2005 at 01:07 PM

I'd be worried about the exact same thing if I were you!

latitude26n - 5-15-2005 at 01:25 PM

This property has just been SOLD.

Thanks for your interest.

rogerj1 - 5-16-2005 at 12:23 AM

It looks like this listing is still posted at escapeartist.com

http://realestate.escapeartist.com/P-32025/