Tuesday, November 25, 2008
Coastal Real Estate Tour – Day 3
On our 3rd and final day we visited Las Fincas, a 450 acre residential Eco Reserve which is situated 5 miles south of San Juan del Sur. When we arrived, our host and resident owner, Donn Wilson gave us a tour of his personal residence, a classic reproduction of a Spanish colonial hacienda. Then we mounted up and went for a horseback tour of the property. Sorry cowboys, left the camera in the car so no photos to laugh at!
Donn is passionate about restoring natural wildlife corridors within his Eco Development and has already planted well over 50,000 indigenous trees on the property. Las Fincas is a solar powered community and they believe we should integrate with the environment, not conform the environment to us. They also believe in giving back to the local community and a portion of every sale is donated to the Nica Dev Fund to better the lives of those around them.
Las Fincas has hillside lots 1-4 acres, some with ocean views, ranging in price from $29,000 to $99,000. The Hacienda ranch lots range in size from 2 to 8 acres and are priced from $44,000 to $89,000. You can checkout Las Fincas at: www.nicadev.com
Each development that we visited had something unique to offer but what actually impressed us most was that all of them are committed with their time and money to helping the less fortunate people of
Coastal Real Estate Tour – Day 2
The following morning we met with attorney Sergio Montengegro, Managing Partner of Garcia & Bodan and Tuey Murdock, consultant with 1st American Title. We had a very informative session with them and learned about how to avoid possible pitfalls with property ownership in Nicaragua.
After our meeting we made our way south to Piedras y Olas, a Pelican Eyes development, overlooking San Juan del Sur. There we met Natalie, head of sales for Pelican Eyes, who hosted us for an awesome lunch, featuring the most incredible Lobster BLT you could imagine. Just looking at the photo makes our mouths water! Natalie showed us several villas and the grounds at Piedras y Olas, which is a hotel and residential resort community. We were quite impressed with the design and finishes of the villas and the integration of the gardens, pools and structures. Later in the afternoon Natalie took us for a short drive over the hill south of the SJDS Bay to view the upcoming oceanfront development at Paradise Bay, Marea Alta. The terrain is steep, allowing unobstructed ocean views looking southwest towards Costa Rica. We ended the day with a swim, a sunset dinner and spent the night in one of the luxury villas.
Cabina/studio apt. start at $200,000 and a 2 bdrm./2 bath townhouse at $296,00. In Marea Alta cottages begin at $369,000 and go up to $971,000. For more information you can go to:
www.piedrasyolas.com
Coastal Real Estate Tour – Day 1
Don't forget you can double click on any photo and it will take you to Picas Web albums. Then click on the "slideshow" box on the left and the photos will be enlarged and easier to view.
Before leaving Ecuador we started chatting, via email, with Brooke Rundle at Coldwell Banker in San Juan del Sur regarding coastal property in Nicaragua. Subsequently, Brooke invited us to go on a tour of several developments along the central & southern Pacific coast of Nicaragua. We met up with Brooke and another couple from southern California, Joel and Rose, in Managua to begin the tour. On our first morning we met with Lori and Jorge Estrada, the developers of Montecristo, a one thousand acre oceanfront residential resort, located 1 hour west of Managua. Although in it’s early stages, Montecristo’s master plan will include 5 distinct communities and feature an 18 hole golf course, equestrian center, several restaurants, swimming pools, tennis courts and a Town Center with neighborhood market and shops. As you can see from the photos, there are some spectacual visitas throughout the project. Lori and Jorge were gracious hosts and spent all morning giving us a personal tour of the property, ending with a picnic lunch at their beachfront pavilion.
Lots with golf course frontage begin at $65,000 and beachfront lots begin at $199,000 and they currently have a lot/house package for $185,000, including a splash pool.
Our next stop was a few miles south at Milagro del Mar within the master development of Gran Pacifica. Milagro del Mar is a primier oceanfront luxury condominium project. The focal point of the property will be a spectacular cascading water feature and tropical garden leading down to a pool at the beach. Our hosts and principal partners of Milagro del Mar, Roger Keeling and Greg Elam, gave us a tour of the site and then treated us to a delightful beachside wine & cheese party, hosted by their lovely wives, Caroline and Sam. We had a wonderful time chatting with some of the property owners, sipping chilled wine, savoring the delicious pate and devouring Sam’s homemade brownies.
One bedroom condos at Milagro begin at $150,000, 2 bedroom at $270,000 and 3 bdrm. $400,000.
That evening on our drive back to Managua, we stopped at Trinity Furniture & Millworks, where Eli gave us a tour and showed us some of their beautiful custom furniture and millwork. Eli is extremely creative and artistic as you can see by the photos of the furniture he has designed. His dream is coming to fruition with the opening of a vocational training school in conjunction with the factory.
For further information and photos of Montecristo or Milagro del Mar you can go to their websites: www.montecristobeach.com
www.milagrodelmar.com
Thursday, November 20, 2008
Casa Amarillo at Playa Guasacate - Our New Home
After a 3 hour drive from San Juan del Sur, we arrived in Playa Guasacate and Sunday, November 1st. Under normal conditions, the drive would only take 2 hours but because of all the rain last month the roads are mostly deep mud holes with streams running down the road so you have to drive in 1st or 2nd gear most of the time. A lot of times they just look like big mud puddles but they can be a foot or 2 deep. Everyone we’ve talked to says in acouple weeks it will all dry up and they will do the annual road “reclamation,” then the trip will be a breeze….we’ll see. When we arrived at our house, Casa Amarillo, we were alittle disappointed. The house had been closed up for a month, there was no water, the power was down and it needed to be cleaned. So we opted to stay next door at Hotel Toro for our first night….a nice place & a great pool! Luckily, we had bought a cooler & ice to put our perishable food in. The next day some of the staff from Toro came over and got the water turned on and helped us clean and we moved in. The good news is, the manager at Toro told us we could use the pool anytime, they have cold cervesa and they take Visa! We are stylin’ here on the edge of nowhere!
Our house is about a 2 minute walk to the beach, just like Kaalawai. Right now everything around us is green but will gradually turn brown as we get into the dry season. The beach is similar to
We are enjoying the simple life here, long walks on the beach morning and evening with awesome sunsets and lots of shell collecting. Grey is filling his “water need” with body surfing right in front of the house. Life is good and so is the cabbage, as it has been our staple “green food” since we’ve been here. Amazingly, even Grey has gotten to really like it since it is our only salad.
As you can see, we have had some awesome sunsets.
Welcome to Nicaragua - San Juan del Sur
Last week we stopped in
Our first stop in country was San Juan del Sur.
San Juan del Sur is a classic Latin American surf town. Lots of gringos visiting and living there, mostly younger crowd but there are a few old hippies/beach bums like us too. By American standards everything is cheap here but is at least twice the cost of what we were paying in