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Ocean-View Lots for $47k? Real Estate Bargains in Nicaragua

Posted July 3, 2008

Thanks to Nicaragua‘s President, Daniel Ortega, You Can Now Buy an Ocean-View Lot in the Country’s Premier Community, along the Riviera Pacifica for only $47,000

by Margaret Summerfield

Baltimore — (TFN): Daniel Ortega, the former Marxist we love to hate, responsible for the best ocean-view deal I’ve seen in ages along Nicaragua’s stunningPacific coast? True, albeit indirectly. Let me explain…

Ocean-View Lots for $47k? Real Estate Bargains in Nicaragua

The same magical stretch of Pacific
Riviera that has

When Ortega was elected president of Nicaragua in November 2006, fears of his left-leaning politics gave a lot of would-be buyers a serious case of the jitters…sending them to the wings to wait and watch which way the wind would blow in Nicaragua. Their knee-jerk reaction, it turns out, could be your second-chance at a ground-floor real estate deal in Nicaragua …for the simple reason that those doom-and-gloom forecasts just haven’t played out.

On the contrary, Ortega has been won over to capitalism and is openly embracing tourism and foreign investment. According to the Latin Business Chronicle, a U.S.-based publication, Nicaragua’s current competitive business environment and strong integration with global markets bode well for the country’s future…

Nicaraguan exports continue to rise. Tourism has surpassed coffee exportation as the country’s leading revenue source…

Nicaragua’s Law 306 (enacted in September 1999) is the most attractive—and most aggressive—tourism-incentive law in Latin America. Law 306 is sweeping in scope and offers hard-to-beat benefits for entrepreneurs who take advantage of the program. For one…if your business qualifies, you pay no income or real estate taxes for up to 10 years, and you can bring in (or buy locally) all the supplies you need—from furniture and boats to linens and cash registers–tax-free.

Ocean-View Lots for $47k? Real Estate Bargains in Nicaragua

The south Pacific Coast of Nicaragua…one of the most stunning seacoasts in the world, perfect for swimming, surfing, snorkeling, fishing, sailing, sunbathing…or just wandering along the seemingly endless, empty beaches. This is the
type of private Pacific Coast retreat most people can only dream of.

And the World Bank feels so positive about current prospects in Nicaragua, it is helping the country buy back more than $1.3 billion of its foreign commercial debt at 4.5 cents on the dollar.

Even the mainstream media is jumping on the Nicaragua bandwagon: US News and World Report recently named Nicaragua one of the top 10 retirement destinations in the world. An MSNBC report called it “the world’s best-kept retirement secret.” And late last summer, the New York Times Travel Section heralded “The Rediscovery of Nicaragua, a staggeringly beautiful country…emerging as an idyllic vacation spot. Ortega has changed, he is now ‘President of a different Nicaragua’, but this destination is still earmarked as ‘the next Costa Rica’.”

The reality is, a little over a year and a half later, those fears of Ortega’s politics don’t appear to hold any substantive ground.

The mainstream media are looking again to this country’s unspoiled coastline, majestic scenery, and colonial cities. As we have seen before it is only a short matter of time now before buyers and investors will follow. The tide is just starting to turn again for Nicaragua’s boom.

The Rediscovery of Nicaragua

Developers sat tight during the flattened real estate market following Ortega’s election, but the tide is turning, and they’re now putting their prime real estate back on the market. They are relaunching at low prices but will quickly ratchet them back up as interest returns, which given the media interest already there, won’t be long.

This situation has created a unique second chance for you to pick up a piece of real estate along Nicaragua’s stunning Pacific coast at a pre-Ortega, ground-floor price. It is like turning back the calendar a decade in Nicaragua. Lots at Rancho Santana started selling in 1998 for $19,000. Those same lots a few years later were being flipped for $200,000. We can expect to see values soar once again, with the Rediscovery of Nicaragua …but for now the window is wide open for you to cash in on incredible real estate at history book prices.

Right now, you can lock down a Pacific Ocean view lot for only $47,000.

The developers of Rancho Santana, are once again opening up opportunities to buy into the “Grand Dame” of oceanfront communities along Nicaragua’s Riviera Pacifica. This is an established community built on prime coastal real estate with five expansive private beaches. And here, ocean-view lots are currently still available at only $47,000. If you’ve ever priced property along Central America’s Pacific coast, you’ll immediately understand the immensity of this deal… and why it’s bound to have forward-looking investors soon scurrying to Rancho Santana.

Elsewhere along Central America’s Pacific coast, ground floor deals on ocean-view properties just don’t exist anymore. The developers at Rancho Santana have just announced the release of 27 one- to three-acre ocean- and valley-view lots in this first-class development—with prices starting at only $47,000.

That’s a sensational bargain (almost a steal, really) when you consider that just 50 miles to the south in Tamarindo Costa Rica, similar ocean-view properties are a premium commodity…selling for as much as $575,000 and upward.

Don’t think for a moment, though, the lower prices here mean you have to settle for less. Rancho Santana is the benchmark of gated communities in Nicaragua and is set in a stunning 2,700-acre reserve of lush rolling hills and cliffs above five secluded beaches. The wave breaks along this stretch of the Pacific attract surfers from all over the world…dramatic rock formations and ridges present unparalleled ocean vistas…and the brilliant scarlet and orange sunsets are truly jaw-dropping.

The lots are laid out to enhance and preserve the natural beauty of the developments rich tropical landscape and to allow you take full advantage the stunning ocean, mountain, and valley views that are the signature of Rancho Santana.

Ocean-View Lots for $47k? Real Estate Bargains in Nicaragua

Nicaragua is an exotic land…where the sun shines all day long…on rugged landscapes, tropical rivers, and miles

and miles of undeveloped, pristine nature.

You’d be hard-pressed to find a more beautiful location in Costa Rica (or elsewhere, for that matter)—particularly for as little as $47,000.

An unspoiled private oceanfront development five years in the making

If you happen to be an International Living reader already, you’ve certainly already heard about Rancho Santana. The property was purchased about 10 years ago by Bill Bonner (International Living’s founder) and a handful of private investors made up primarily of International Living insiders. In fact Bill retains his own personal getaway right here on the beach.

Ocean-View Lots for $47k? Real Estate Bargains in Nicaragua

Savor fine wines and
good food in your own private sanctuary

Since then, the transformation of the landscape at Rancho Santana has been amazing, but one thing hasn’t changed. The beaches and the surrounding land are as beautiful as ever. With its dramatic coastline and pristine views, Rancho Santana remains an extraordinary piece of real estate. It is, simply put, one of the most beautiful places I’ve ever been, anywhere in the world.

Join an established, thriving community

Rancho Santana is a growing, thriving place. Visit anytime, and you won’t want for dinner company. With over 300 lots already purchased, 26 homes and 17 casitas dotting the lush landscape, and an additional eight homes currently under construction, a very established community is in place.

Homeowners are fully enjoying their investment. At any given time, you’ll see residents carrying their surfboards back from one of the pristine beaches, relaxing poolside, enjoying a fine-dining experience in the ocean-side restaurant, or sipping a cool drink at the new seaside bar.

The more adventurous take off in groups hiking, biking, or on horseback (there’s a fully-staffed community stable with horses on site). They sojourn the surrounding hills, or explore the more than 3,000 acre reserve, the surrounding villages, or the dramatic cliffs above the ocean. There is also a health spa, and tennis and basketball courts, among other amenities.

And the setting is knock-your-socks-off beautiful…with five sandy beaches (one of them rose-colored) and a private clubhouse, for use by residents only, where you can dine when you don’t feel like cooking…or where you can meet with fellow residents for a cocktail on the patio while you watch the sun set in its tropical glory over the crashing Pacific before you.

All the comforts of the 21st century

And it’s high-tech to boot. Wireless Internet. A cell phone tower on the property. Direct TV. And a staff of very friendly people—made up of Nicaraguans, Americans, and other nationalities—standing by to help you do whatever you’d like to do. Have a meal…practice your Spanish…sip a cocktail on the patio…check your e-mail…

There’s a workout center…a Spanish-language instructor on call…bicycles…a nature trail. Every comfort and convenience you could hope for…and every pleasant distraction and entertainment you could imagine. Rancho Santana has been developed as an exclusive, private retreat with first-class amenities.

One of the biggest issues when buying property in Nicaragua right now is that you are betting on the fact that the developer is going to deliver what’s in the sales brochure…that the pool will be installed, the internet access will arrive, the clubhouse will be built, and that the electricity and water will work.

Ocean-View Lots for $47k? Real Estate Bargains in Nicaragua

Overlooking the
crashing Pacific Ocean waves, the Clubhouse includes a dining area, an office (with high speed Internet access), a conference room, an expansive patio, a library, and a swimming pool…

Not so at Rancho Santana. The high-speed wireless internet service is installed and in use by residents. If the power company falters, the emergency generators take over to supply basic power needs. The underground utilities are in, bringing homeowners both power and pure water beneath the nicely maintained and curbed roadways. And the sparkling ocean-side pool is already a favorite place to relax and watch the surf roll in.

If you want a change of scenery from the five private beaches, two Clubhouses, and two pools, you can meet friends and family in the restaurant. If you would like to spend your afternoon horse riding, there are stables with horses available for riding…mountain bikes…a tennis court…a workout center; and a nature trail. Members of Rancho Santana’s community are already enjoying their own private playground in a safe, secluded haven.

You don’t have to worry about waiting years, (or worse still never see) the amenities promised. IL always warns readers to buy what you see, and if you check out Rancho Santana in person you will find an upscale development already in place. You will meet contended, relaxed people enjoying a luxury lifestyle in a stunning location.

Just off the shores of Rancho Santana is some of the best surfing and fishing in the world.     

If you like to fish or snorkel, it doesn’t get much better than these
pristine waters. (Watch how fast the locals can pull a beautiful fish from the water…sometimes without even using a rod!) When you walk the beaches, you only rarely encounter other people. You’ll more than likely have a whole beach to yourself, anytime you want.

You can’t help but to relax when you get here–away from all the distractions of the everyday world.

A word of warning…Rancho Santana is not for everyone.

If you are looking for amusement park rides, boardwalks, T-shirt shops, and wild nightlife, you’re not going to be happy here.

If, on the other hand, you enjoy wide-open spaces and want to join a group of like-minded people in one of the most upscale communities along the beautiful Pacific Coast, Rancho Santana could be for you. A quiet, peaceful, affordable retreat to escape the fast pace and stress back home for a few weeks or months a year…or for a lifetime.

  
“From the moment we arrived at Rancho Santana, we were overwhelmed with the
exquisite beauty of the area. The views of the coastline, the beaches, the
spectacular sunsets…..we were convinced we had found paradise”.    

“On each visit the warmth and helpfulness of everyone we’ve encountered has
helped to make our dream a reality. It was “love at first sight”. We came, we
saw, we bought, and we are excited to say, we built here. Having the privilege
to be living this experience every day is priceless”.

Barb and Elmer Wisley
Ocean-View Lots for $47k? Real Estate Bargains in Nicaragua

Nicaragua is an exotic land…where the sun shines all day long…

on rugged landscapes, tropical rivers, and miles and miles of undeveloped, pristine nature.

Rancho Santana really is a no-brainer…

You’re buying property in a first-rate community that’s already up and running…and doing so in a world-class manner. You don’t need to “bet on the infrastructure,” because it’s here. What’s even better is that prices are competitive, particularly right now—and homeowner’s fees are by far the lowest of any in the area, greatly reducing your overall cost of ownership.

Rancho Santana made sense as a value-buy 10 years ago—and with ocean-view estate lot prices starting at only $47,000, it makes even better sense today. But you won’t want to sit on this incredible offer for very long.

As word gets out that Ortega’s presidency has not brought development in Nicaragua to a standstill, buyers and investors are going to be taking another serious look at this enchanting country. And values will soar again. These newly released estate lots with their inspiring views—at prices that I thought were consigned to the history books for this standard of community—means that Rancho Santana definitely merits a serious look. But you need to act now… we don’t expect these amazing values to last….and you can be sure the next phase to go on the market will be at much higher prices. These lots are creating a frenzy of interest, but we want to be sure that you have the opportunity to check out the destination in person before you buy.

The staff at Rancho Santana have agreed to organize a one-off, join the locals, weekend stay at Rancho Santana for a small group readers only. This ‘Weekend in Paradise’ is designed to provide an insider’s view of the Rancho Santana community, allowing you to check out this upscale development first hand.

Once you have booked your return flight to Managua, Nicaragua, your hosts from Rancho Santana will pick you up and provide all of your tour-related transportation, plus meals, accommodation, and entertainment. They have even organized an overnight hotel stay in the charming colonial town of Granada, so you can get a taste of the marketplaces, restaurants, shops and all the hustle and bustle this thriving town offers.

During your stay at Rancho Santana you can enjoy the beach club spa, a guided horse tour of the community, snorkeling picnics in a private cove… fine dining in the clubhouse, poolside parties…and for those who want a slower pace, simply swinging in a hammock rocked by the cool Pacific breezes. You will have plenty of time to chat with Rancho Santana’s long term residents, ask questions, and get the inside track on the Rancho Santana community….if you can drag yourself away from one of the five secluded pristine Pacific coast beaches on your doorstep.

Rest assured that the folks at Rancho Santana won’t hound you or pressure you for the time you’re there…you can stay in that hammock for the entire weekend if you choose. They know that once a savvy buyer sees the development for themselves, they will snap up the chance to own in this stunning location for as little as $47,000.

And the beauty of this exclusive trip—if you do decide to buy a lot here, the developers at Rancho Santana will reimburse you for the full price of your Weekend in Paradise. Either way, you get to enjoy a taste of colonial Granada, plus a luxury stay in a stunning, private beach location for only $299, while checking out an amazing ground-floor real estate opportunity—this weekend could be the smartest investment you ever make!

I must remind you however, to ensure that you have a first-class Weekend in Paradise, spaces on this trip have purposely been kept to a limited number—only 20 readers. I strongly recommend that you reserve your place today. You can contact the staff at Rancho Santana here.

To quote Lee Harrison (International Living’s Latin America Real Estate Editor) Rancho Santana certainly is “the Cadillac of beachfront communities in coastal Nicaragua”. For more information, CLICK HERE…

Although oceanview lots start at $47,000, there is still one remaining Rancho Santana lot available for only $36,000. I strongly recommend you reserve your place today rather than sitting on the fence while the best lots are snapped up, and prices rise…

For more information CLICK HERE

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