In Nicaragua, you’ll find some of the most dramatically beautiful Pacific coastline…anywhere. And in one development I’ve visited, there are five beaches, 2,700 acres and more than two miles of coast.
All of those beaches have their own unique character and appeal. Each has different colored sands: white, tan and even pink. Some have flat waters for swimming or waves for surfing. There’s a beach to bump into neighbors out for a morning stroll. And a secret beach for a private picnic of fresh salads from the organic garden and grilled fish.
Surfers hit one of the beaches to catch the waves after dawn. Another’s a favorite with snorkelers. Every visitor makes sure to check out the pink-sanded beach—and it’s the best viewing spot for the legendary sunsets on this coast.
Don’t just take my word for it. The New York Times said about this coast, “…the beaches are among the finest in the Americas, and among the least developed.”
Forbes described it as “simply stunning.”
This is one of the world’s last great frontiers. Certainly it’s the last great frontier so close to the U.S.
Flight time from Miami to the capital, Managua, is two-and-a-quarter hours. From Houston, the journey is two-and-three-quarter hours.
I’ve watched the community here evolve since I first visited close on 10 years ago. It has maintained its off-the-beaten-track and rugged ranch-like appeal—but it now comes with the benefits of five-star luxuries and amenities.
With only 390 lots spread out over 2,700 acres, this is a private oasis by the ocean. While I enjoy the privacy of the surroundings here, I also like to kick back and enjoy the same comforts that I have at home.
Residents and vacationers here can surf the Internet, watch cable TV, play a game of tennis or try a yoga class. If you’re feeling adventurous, you can explore the green hills on horseback or take a guided tour to spot the wildlife.
A new, grand Spanish colonial-style clubhouse opened in 2011. You can play pool in an open-air spot overlooking the ocean.
Dining is indoors or outdoors—wherever the mood takes you. You never compromise on scenery. The restaurant in the new clubhouse is top class. Fish comes straight from the ocean. The food here is delicious.
This is not a place where you will see cookie-cutter condos or a gaudy resort hotel.
I should point out, the opportunity here isn’t a pocket change one…but it’s value for something that is truly world class.
Nicaragua’s tourism industry is growing strongly. In 2011, the country welcomed more than 1.05 million visitors—a new record for tourism arrivals. This figure increased by 10% last year.
Nicaragua’s south Pacific coast is her nicest. The particular stretch of coast where this community is located is the jewel.
A few miles up the coast, Nicaragua’s richest man has developed a real estate project and resort. Good ocean-view lots here will set you back $500,000.
A one-night stay at the hotel comes with a rack rate of $500-$2,500. That’s even before the residents’ clubhouse has been built or anyone has moved in.
Compare the prices at that resort with the one I’m telling you about. In the development I’ve described, one member of my Real Estate Trend Alert group could buy a lot of more than three acres with ocean views along the coast for $150,000. The lot is listed at $168,000—but RETA members get a discount of $18,000.
Full-service property and rental management is available onsite. If you rent out your home while you’re away, your guests can enjoy all the amenities I’ve described. They will be tempted to come back again and again and enjoy the luxury resort with five beautiful beaches.
I’ve seen this work well in practice. A friend of mine rents his beach home here for $350 per night. He gets 50% rental occupancy and still gets to spend plenty of time here.
You can do this too.
Remember, condos here rent for $250-$400 per night. This will give you an idea of the demand for good rental accommodation here for vacationers. And, demand isn’t limited to peak season—surfers, for example, come in August when heavy rains keep vacationers away.
Editor’s Note: Members of Real Estate Trend Alert can get the inside scoop on this deal—and more as they arise. Ronan will bring you the most irresistible deals he finds weekly when you join Real Estate Trend Alert. The details are here.