Description: The land boasts almost 350 acres, beginning just outside of San Juan and wandering up to the highest point in the mountain ridge overlooking the town, San Juan Bay, Nacascolo Bay, and beyond. From the highest points, owners will enjoy unparalleled views of the Pacific to the west, and the twin-volcano island of Ometepe to the east.
This is the most unique opportunity on the market today. Market research, professional consultation, and investment experience in the area helped the developers to create a distinctive product combining all of the elements they saw were lacking in other developments. The following elements come together to offer a truly distinguished investment and living experience:
- Closeness to town
- Stunning Views
- True Community
- Large Home-sites
- Turnkey Solution
- Financing Available
- Architectural Design
- Model Homes
- Property Management
True CommunityCloseness to town and stunning views are not the only things that make this development unique. Owners will enjoy membership in a true community. With all owners committing to build homes within specified time frames, you’ll build your dream home distantly surrounded by neighbors and not by mere land speculators.
Large Home-sitesMost other developments in the San Juan area offer lots sizes that average ¼ acre. With each home site averaging a ½ acre, the properties here offer an additional unique quality: space within community.
The 'Turnkey Solution'Perhaps the most striking difference is the process of acquiring ownership. They call it the “Turnkey Solution” and no other developer is yet to offer it. The team behind this development is experienced in real estate transactions in Nicaragua and have committed to making the entire process, from land acquisition, through title search and transfer, to title insurance, and the construction of your dream home, as hassle-free as possible. The ENTIRE process is handled for you.
Financing Available
Financing is difficult to come by in Nicaragua. The local banks will extend loans only to residents. Your home-country banks will typically only extends loans secured by home-country assets. The owner/developers have been able to obtain an alternative solution: 80% home financing to foreign purchasers secured by the Nicaraguan asset. The initial offering is 20% down on the entire purchase price + construction with a 20 year payment period at 9%. This opens the doors to many who would otherwise be completely unable to purchase.
Architectural Design and Model HomesOwners will be given the option (they can choose their own as well) of utilizing architect(s) and builder(s) that have local products and references to review. There will also be a series of model home plans from which owners can choose.
Property ManagementAll homeowners will be set up with a property management company that will be in charge of rental, security and general housekeeping while homeowners are away.
In summary, this is one of the single most exceptional and unique opportunities exiting in the market today and should be a perfect fit for those who wish to build a home and enjoy living, vacationing, and investing in Nicaragua. Here we have what is truly the "enchantment of the south".