Ocean Home: April, 2012
article by: Melissa C. Gillespie
photography: Ocean Home
Costa Ricas neighbors to the north rolls out the red carpet for retirees and second-home buyers
For years, Costa Rica has been the " it " place for international real estate investors and retirees. Now that the market in Costa Rica seems to have matured, Nicaragua, its neighbor to the north, is fast becoming a popular location for those second-home buyers and retirees who desire a coastal lifestyle at an affordable price. Lucky for them, the portfolio of oceanfront and ocean view choices continues to expand.
Ranging from the eco-luxe Aqua Wellness Resort to the super-luxe Guacalito de la Isla, the central and southern Pacific coastlines have recently welcomed dozens of new developments. Other properties popping up along this stretch include Milagro del Mar, Monte-cristo, Pueblo Santa Fe, Tamarindo Beach & Ocean Estates, and many more.
Guacalito de la Isla
Guacalito de la Isla is a 1,670-acre sustainable resort development emerging from Nicaragua's Emerald Coast. Home-sites at Guacalito de la Isla have been arranged along fingers of land to take advantage of the best ocean views in the country while also preserving individual privacy, intimacy with natural surroundings and protection of important conservation areas. Some cradle the ridge-lines, while others fringe the beach or the golf course.
Casona Mukul, a luxury boutique hotel set in Guacalito, will open in December 2012. While enjoying a luxurious accommodations and service in one of the hotel's 16 oceanfront villas or 23 hillside casitas, quests can experience spa treatments in The Spa at Mukul, play golf on the 18-hole course designed by David McLay Kidd, or relax on the resort's four miles of pristine white sand beach, which are dotted with honeymoon beds and chaise lounges.
Casona Mukul and Guacalito are the creation of Don Carlos Pellas, one of the most prominent entrepreneurs in Central America, whose businesses include sugar, automotive, and Flor de Cana Rum. Future plans include a small eco-sensitive dock that will serve as a launch pad for oceanic adventures.
Guacalito is being called a " game changer " for Nicaraguan tourism and real estate. We agree. La Reserva home-sites start at $ 400,000 and Verdemar villas start at $ 700,000. guacalitodelaisla.com