Just Listed: 85 Ocean Front Acres in San Juan del Sur, Nicaragua
A breathtaking, once-in-a-lifetime development opportunity in the heart of San Juan del Sur, Nicaragua. This tropical location boasts dramatic views of the Pacific Ocean, Paradise Bay, and south to Costa Rica’s Papagayo Peninsula. With a cumulative 120 acres of rangeland, creative planning could encompass more than 200 residences, most all with spectacular ocean views.
Paradise Bay, with its spectacular oceanfront location, just one-half mile south of the country’s most sought-after and popular seaside tourist destinations, offers a developer the single best development location. This future, gate-guarded residential community is ready and waiting to become the areas first high-end, luxury option. By virtue of its unique combination of oceanfront location, easy access to town, and very close proximity to Nicaragua’s leading cruise ship port of call, this property will attract those seeking the highest quality and standards.
With the increased demand for prime oceanfront and ocean view property, and the escalating values of real estate in neighboring countries, it was just a matter of time before Nicaragua’s success began. A general property development approach might include multiple phases of construction, with a variety of residences from condominiums, duplex and triplex units, to townhomes and single-family residences.
Creative planning could encompass more than 200 residences, most all with spectacular ocean views. Portions of the property already have easy access via a network of well-built roads, and sections closer to the ocean are fully paved with high-quality inter-locking pavers.
Three on-site water wells have been drilled and storage tanks have been situated throughout the property that currently serves the few homes built here. A secondary water source has also been secured by way of Lake Nicaragua through the local water company, Enacal.
High grade underground electricity is in place servicing the lower waterfront section of the property, and above-ground power services feed the upper elevations of the property (which can easily be adapted to under-ground).
Paradise Bay is situated one-half mile south of San Juan del Sur on over 120 acres of rangeland, including 454 meters of Pacific Ocean frontage on the west. The north, east, and southern boundaries are bordered by undeveloped open space. The average depth of the property is about 540 meters. The property is elevated, overlooking a small rocky out cropping and across two small sandy beaches.
The property boasts spectacular views of Costa Rica, Paradise Bay, San Juan del Sur and both the north and south coastlines. There is also views of Lake Nicaragua from sections of the property. This developer masterpiece is ideally situated a short 15-minute walk from the restaurants and stores in San Juan yet totally secluded from any of the noise associated with living in town. Cruise ships moor slightly north of the property offering interesting conversation pieces and unique visuals.
Only a small number of valleys, extreme slope, and water run-off areas would be undevelopable locations. Due to the property’s idyllic location, immediately southwest of Lake Nicaragua, the prevailing wind and breezes ensure a low incidence of mosquitoes and sand flies compared to locations further north and south along this stretch of Pacific coast.
The climate in this southwest region consists of two seasons, a relatively dry, warmer summer extending from December through May, and a slightly cooler, cloudier winter season from June to November. Typically, the only period of long, heavy rains is from mid September to mid November. When the
temperature in the southern U.S. is in the 90s and 100s during the day in the summertime, the temperature at the project site will typically be in the mid to high 80s.
The generally favorable weather and constant warm water contribute to a perfect year-round tourist season. Foreign travelers can access the property via Managua’s highly upgraded international airport (MGA) which is a two-hour drive north of the property, or via the northern Costa Rica international airport at Liberia (LIR), which is approximately one hour south.
Within a few years’ time, the newly opened Costa Esmerelda airport will expand its already international arrivals to accept much larger aircraft, and this will provide yet another option only one hour from the property. Currently, from the United States, nonstop flights exist from Miami, Atlanta, Houston, Dallas and Los Angeles.
For more information or a tour of this property, please contact Cesi Pagano or Mary Wayer.