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La Jolla de Guasacate

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La Jolla de Guasacate

 

Upscale community, La Jolla de Guasacate, is located in the hills overlooking Playa Guasacate, near the world-renowned Surfari Charters surf retreat. Southwestern Nicaragua has long been regarded as a surfing and fishing paradise, feature-profiled by international surfing magazines for its stunning Pacific coast line and perfect point breaks. However, surfers aren’t the only ones who recognize the value and beauty of this area. The Lonely Planet travel guide recently ranked Nicaragua 3rd of the “Top 10 Hottest Destinations” of 2006. Its newfound mass appeal was solidified when U.S. News and World Report named the country as one of the Top 10 Places to Retire Overseas. In the past year, articles featuring tourism, retirement and investing in Nicaragua have appeared in publications such as The Wall Street Journal, Conde Nast Traveler, ashington Post, NY Times, GQ, Men’s Journal and the San Francisco Chronicle, among many others.

Project SiteWith pristine beaches and world class waves at your doorstep, Las Salinas sells itself as an exotic locale, yet purchasing property here also presents an amazing investment opportunity. Situated just north of international tourism destination San Juan del Sur, where land prices tip $200/square meter, the area is a hidden gem poised to benefit from skyrocketing property values.

Hailed as “the next Costa Rica,” Nicaragua has followed in its neighbor’s footsteps by overhauling its legal system and become one of the few countries in the world to offer equal property and ownership rights to citizens and foreigners alike (100% full land ownership to foreigners). New legislation also is in place to offer even more security and encourage foreign investment. With the recent drafting of the Central American Free Trade Agreement (CAFTA), the U.S. Embassy of Nicaragua predicts a friendlier market, making it easier for U.S. Banks to enter the Nicaraguan market. U.S. financial service suppliers will have full rights to establish subsidiaries, joint ventures or branches for banks; thus transitioning the sector from state ownership to private. The investment chapter of the CAFTA-DR includes provisions for the protection of U.S. investors, establishing a secure, predictable legal investment framework: All forms of investment will be protected, including enterprises, debt, concessions, contracts and intellectual property, making Nicaragua an intelligent and secure investment option. The World Bank recognized this by rating Nicaragua as one of the Top 10 safest countries to start a business in 2006.

All properties have clean, fee-simple title, and can be additionally insured by Stewart Title Insurance. La Jolla de Guasacate presents a rare opportunity to become one of the first to invest or build a dream vacation home in beautiful Las Salinas, Nicaragua.

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Map of La Jolla de Guasacate

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