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Nicaragua Real Estate and Investment News |
September 2007 |
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Greetings from San Juan del Sur, Nicaragua!
 Imagine easing along Nicaragua's southern Pacific coast in a chartered fishing boat just 200 meters off the shore, admiring the pristine, rolling green hills, emerald waters, and white sand beaches, and then POW, a 65+ pound wahoo is hooked on your fishing line. That's what happened to Rob Bamford, one of the Water's Edge team members from Calgary, just last week. After reeling in this monster of a fish, he and friends visited a local San Juan del Sur restaurant, where the chef was more than happy to prepare yet another incredible meal for Rob and his friends visiting from Canada.
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FEATURED PROPERTY
Golf and Surf Condos
Walk to the Beach
Inside the Condo
Steps to the Golf Course
Nicaragua's only completed coastal golf course and Nicaragua's best surf breaks, which also happen to be on one of Nicaragua's most beautiful beaches. What else could you ask for?
These golf and surf condominiums have incorporated European design with high quality finishes and are priced extremely competitively compared with other condos in this area. Walk to your tee time, or walk to the beach for a surf or to watch the sunset, and enjoy every moment you have inside your one, two or three bedroom condo. Don't wait too long though, these units are almost sold out! Read more... |
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Nicaragua Real Estate and Hurricanes
As Hurricane Felix approached Nicaragua in early September, we received a flood of phone calls and emails
from concerned friends, family, and of course Nicaragua real estate owners. Major international media caused a bit of confusion, so in response we decided to explain Felix's affect on the Pacific coast of Nicaragua, and about hurricanes and their potential affect on Nicaragua real estate.
In Spanish, the word for hurricane is "huracan", which comes from the Carib god of evil "Huracan", because the majority of hurricanes occur in the Caribbean Sea. More importantly, hurricanes form in the region between 5º and 20º north and south of the equator, with the highest percentage forming between 10º and 20º.
The majority of Nicaragua's Pacific coast real estate developments sit at approximately 11º north of the equator, meaning the likeliness of being hit by a hurricane is much lower than anywhere in the Caribbean or the Pacific coast of Mexico. We saw this proven again with hurricane Felix, as it headed towards Belize and ultimately made landfall close to the Nicaragua / Honduras border. Meanwhile, in San Juan del Sur, we were going about our day as usual under sunny skies. Tourists headed to the beaches and were partaking in other activities around town, and the only effect we had from hurricane Felix was some scattered rain showers.
Although Felix had virtually no effect on San Juan del Sur and the Tola beaches, the east coast did take a beating. Clean up and relief efforts are still underway, and a great amount of assistance is still desperately needed. If you have the means, we encourage you to please make tax-deductible contributions to:
Rotary Club of Pittsburgh Foundation
555 Grant Street Suite 328
Pittsburgh, PA 15219
Email: pgrotary@choiceonemail.com
The Foundation will acknowledge contributions in excess of US $50.00, and please include a note stating Nicaragua Hurricane Relief / Water's Edge International Realty.
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U.S. / Nicaragua Women's Volleyball Teams Square off in San Juan del Sur
photo courtesy of dancesar.com
Three-time American Olympian women's volleyball coach Paula Weishoff recently led two U.S. women's volleyball teams to challenge Nicaragua's women's national team on their own turf. Visiting from Concordia and Vanguard universities in California, both teams squared off against Nicaragua in Managua and San Juan del Sur for a series of matches that kept the approximately 500 spectators on the edges of their seats. The match winners were evenly distributed, with many games coming down to just a couple points.
This was the second Nicaragua volleyball tour promoted by Bringit Promotions, which is owned by Brisas de Palermo developer Tim Kelly. These university volleyball tours not only bring more sports to Nicaragua, but more importantly, provide an incredible life experience for every one involved. Between matches, the women's teams partook in philanthropic activities including visits to local elementary schools do donate supplies and meet the children, planting trees as part of reforestation efforts in the community, painting San Juan del Sur's health clinic, and visiting San Juan del Sur's public library to donate supplies.
See photos and read about the experience by visiting Concordia's blog here and if you are involved with women's volleyball at the high school or university level, we encourage you to look in to these tours as they are a life changing experience. Thank you to every one involved.
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New San Juan del Sur Fish Plant Inaugurated
photo courtesy of dancesar.com
In June of 2006, we informed you about improvements underway to San Juan del Sur's fishing port which were being funded primarily by the Japanese government. Those improvements are now complete, and on September 11, the new port was inaugurated by the Japanese ambassador to Nicaragua, Nicaraguan Vice President Jaime Morales, and San Juan del Sur mayor Eduardo Holmann. New construction of the facilities includes industrial ice manufacturing, improved dockage, fish cleaning stations, and loading docks, all to support local fish getting to market more efficiently. Lucky for us, some of this fish doesn't make it past San Juan del Sur, and instead ends up in local restaurants where we can enjoy it with some cold beers or rum and cokes! | |
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