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With pristine beaches and world class waves at your
doorstep, Southern Nicaragua sells itself as an exotic
locale, yet purchasing property here also presents an
amazing investment opportunity. Situated just north of
international tourism destination San Juan del Sur, where
land prices tip $200/square meter, the area is a hidden gem
poised to benefit from skyrocketing property values.
Upscale community, La Jolla de Guasacate, is located in the
hills overlooking Playa Guasacate, near the world-renowned
Surfari Charters surf retreat. Southwestern Nicaragua has
long been regarded as a surfing and fishing paradise,
feature-profiled by international surfing magazines for its
stunning Pacific coast line and perfect point breaks.
However, surfers aren’t the only ones who recognize the
value and beauty of this area. The Lonely Planet travel
guide recently ranked Nicaragua 3rd of the “Top 10 Hottest
Destinations” of 2006. Its newfound mass appeal was
solidified when U.S. News and World Report named the country
as one of the Top 10 Places to Retire Overseas. In the past
year, articles featuring tourism, retirement and investing
in Nicaragua have appeared in publications such as The Wall
Street Journal, Conde Nast Traveler, Washington Post, NY
Times, GQ, Men’s Journal and the San Francisco Chronicle,
among many others.
Hailed as “the next Costa Rica,” Nicaragua has followed in
its neighbor’s footsteps by overhauling its legal system and
become one of the few countries in the world to offer equal
property and ownership rights to citizens and foreigners
alike (100% full land ownership to foreigners). New
legislation also is in place to offer even more security and
encourage foreign investment. With the recent drafting of
the Central American Free Trade Agreement (CAFTA), the U.S.
Embassy of Nicaragua predicts a friendlier market, making it
easier for U.S. Banks to enter the Nicaraguan market. U.S.
financial service suppliers will have full rights to
establish subsidiaries, joint ventures or branches for
banks; thus transitioning the sector from state ownership to
private. The investment chapter of the CAFTA-DR includes
provisions for the protection of U.S. investors,
establishing a secure, predictable legal investment
framework: All forms of investment will be protected,
including enterprises, debt, concessions, contracts and
intellectual property, making Nicaragua an intelligent and
secure investment option. The World Bank recognized this by
rating Nicaragua as one of the Top 10 safest countries to
start a business in 2006.
All properties have clean, fee-simple title, and can be
additionally insured by Stewart Title Insurance. La Jolla de
Guasacate presents a rare opportunity to become one of the
first to invest or build a dream vacation home in beautiful
Southern Nicaragua.
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