The Only Beachfront Condo I’d Buy Right Now

Monday, November 02, 2009

Rancho Santana

I’ve seen a dozen seafront communities on this section of Pacific coast…
But I’d only buy at one

A premium-quality project that offers excellent financing…and a deep pre-launch discount…available for a limited-time only

Seagate

Dear Reader,

Lee
Lee Harrison
Latin America’s
Roving Editor

My job is enviable.

As a freelance writer, I can pick and choose what to write about. I select the countries that I find most appealing and go where the opportunities lead. And after traveling to the best overseas locations, I’ll focus in on what I believe to be of most value to people like me and you…who are looking for a top-quality lifestyle at a fair price.

And one big advantage is that I can spend virtually-unlimited time scouting properties…comparing one region to another, and one project to another.

In any given market, I come away with a very definite opinion of where I’d put my own money…and why.

And the dramatic Southern Pacific coast of Nicaragua is no exception. I’ve been combing this coastline and watching the region evolve since 2004. Some good projects have come along during that time.

But late-2009 is unlike any time this market has seen before. As we look toward 2010, being a "good project" is not enough. The world’s economic situation demands that we evaluate properties with an unprecedented critical eye.

In today’s economic environment, that translates to looking for value. And here’s what good value means to me:

  • A high-end, prestigious home…set in a solid, amenity-rich community;
  • Amenities that are complete, instead of promised...that are high-spec, diverse, and unmatched in the marketplace;
  • A project that has an existing community of tasteful homes;
  • A large site, of high intrinsic value, with pristine beaches and abundant natural beauty;
  • A developer that’s rock-solid…and able to meet all commitments and quality standards without depending on current property sales.

In other words, today’s market demands high standards…quality construction and project amenities…and an upscale community that’s already in place.

A project where you can see and experience your rich new lifestyle...instead of using your imagination with a sales brochure. A project that leaves no room for doubt.

So right now, in late 2009, that adds up to one clear, best option.

The Seagate Condominium
at Rancho Santana

Today’s troubled times are loaded with real estate opportunity...but tough times call for sticking to the best in class.

And that’s Seagate...a project that should hold its value and status through the ups and downs of today’s world economy.

Why? Because Seagate is a part of Rancho Santana, the "best in class" beachside community in Nicaragua.

That makes Seagate an exclusive, premium property, in a premium location. And when economies falter, the best properties in the best locations are usually the least affected…sometimes they’re not affected at all.

And what’s even better, Site Manager Marc Brown is making special financing and pre-launch pricing available to Pathfinder Alert readers.

But inventory is limited at Seagate. The developer built a total of just 24 condominiums…and as of this writing only 12 remain. They could easily sell out before the official launch date of January 15th.

That’s why I’m writing to you today.

Seagate
Seagate offers luxury, turnkey, carefree living on the Pacific Ocean…at affordable prices

The world’s most elegant properties all begin with an exclusive setting

Let’s face it…we’re all different.

My definition of a truly stylish setting…a rich and elegant lifestyle…may differ from yours. So I’m going to show you exactly why Seagate Condominium appeals to discriminating buyers.

I’ve long been enthusiastic about Nicaragua, and you should be too
I mentioned above that I’ve been keeping pace with this section of coastline since 2004, and there are two reasons for that.

First is that Nicaragua’s Pacific coast has been a true hotspot for second-homebuyers, retirees, and investors since 1998, so I’ve had a professional reason to be there.

But frankly…and more importantly…I simply like it. Each time I’ve traveled to Nicaragua, I’ve planned a week or two of free time around the trip. I’ve explored the country from one end to the other. Not because of any assignment, but just because I like being there.

And to be honest, I find Nicaragua’s appeal hard to explain.

It’s true that the weather’s always balmy…and the ocean is always warm and inviting. The landscape is dramatic and exciting. The country’s colonial architecture is second to none. The cost of living is dramatically low, and the properties are one of the hemisphere’s best bargains.

But the real reason I come to Nicaragua is because I’m comfortable here. The people are warm and welcoming, and it always feels like home.

In fact, after my third visit, I bought a property on which to put a future home.

A premium project starts with a premium site
The Seagate Condominium is nestled in front of the beautiful beach known as Playa Santana; the favorite surfing, swimming and fishing destination for residents and guests. The site occupies an exclusive corner of Rancho Santana’s 3,000 sprawling acres.

Beginning at your doorstep, you can view a magnificent sunset from the tall hills, or explore the lush valleys.

Or you can settle down on one of five exclusive beaches, each with its own special character. From the wild beauty of Seagate’s Playa Santana…to the pink sands of Playa Rosada…to the private feel of the hidden Playa Escondida, there’s sure to be a beach that feels just right for your mood.

And if you’d enjoy a long walk, Playa Los Perros is the start of four miles of uninterrupted, virtually-private beach. Santana

These natural surroundings have top priority here. Morning brings a symphony of tropical birdsong, blended with the sound of the waves crashing to shore. Off in the distance, you’ll sometimes hear the lion-like roar of Howler monkeys calling back and forth as they forage in the nearby forests. Hawks sail over head.

Seagate is the newest addition to Rancho Santana, which has long been the premier residential setting on Nicaragua’s southern coast. I often refer to Rancho Santana as "the Grande Dame of Nicaragua’s beachfront communities", and I stand by this today.

You’ll feel wonderfully isolated…but when it comes to life’s luxuries, you’re not

Announcement
Glenn Martin, Rancho Santana owner and fine artist, is holding an art reception on Friday, November 28 from 4:00 to 9:00 at the Clubhouse. On display at the reception will be a collection of original art, fine prints, and more…

This recent notice shows us that even in these wild and natural surroundings, Rancho Santana residents have not forgotten the finer things in life.

In fact, you’ve got all of the creature comforts you could want…most likely, more than you’d imagine possible in such a pristine setting.

  • You’ll dine in seaside luxury at the Sea Garden restaurant, offering cuisine that’s unmatched in the area;
  • Enjoy sunset cocktails, listen to live music, or watch the big screen at the oceanside Saddle Back Bar and Grille;
  • Take pleasure in a relaxing massage or rejuvenating skin treatment at the Santana Beach Club & Spa
  • Get in a good workout at the modern exercise facility
  • Enjoy a warm Pacific swim at one of five, private pristine beaches…or two swimming pools

And for the outdoor enthusiast, there’s even more

  • You can surf some of the best waves the Pacific has to offer—without the crowds;
  • Explore miles of groomed nature trails in the unspoiled 600-acre preserve;
  • Enjoy a game of tennis or basketball on the newly-refurbished courts;
  • Ride the community’s horses down the shore to watch the sunset, or spend hours exploring this wild and natural setting;
  • Fish the waters here at Rancho Santana for the Pacific’s best game fish;

"Rancho Santana is simply stunning"
Forbes 2009 Retirement Guide

But underneath the modern luxuries, lies a solid, dependable infrastructure

  • The underground utilities keep the landscape clean and uncluttered;
  • Santana’s own, on-site water plant guarantees your supply of fresh water;
  • A modern, emergency power plant will keep the community humming in the event of a local power interruption;
  • And the high-speed internet service and wireless phone signal will keep you connected to the outside world.

And one critical attribute separates Seagate’s impressive amenities from all of the competition

They’re completed.

Unlike the promises you’ll find most everywhere else, Seagate’s amenities are complete…in service…and enjoyed by our active and vibrant community.

Best of all, you’re becoming part of a community…not just buying a lot in a development

There’s one thing you’ll notice as soon as you set foot on the property…the "feel" of the community that’s taken root here. Listen to those who may soon be your neighbors:

"I consider myself very lucky to be part of Rancho Santana", says Jonathan Juurlink. "The landscape is quiet and beautiful, the people are great, and the beaches are awesome."

Maria Elena Barrows says "It is very difficult to describe the joy I feel being here. I feel privileged to own a piece of paradise, in a first class resort, where the people are the BEST."

And Jean and William Vahey said "After exploratory trips to Mexico, Belize, Costa Rica and Panama, we visited Rancho Santana. It was quickly clear to us that this was the paradise we had been searching for these past years."

According to Agnes and Edward Brady, "There are many reasons why we like Rancho Santana, but the primary reason is the people."

And these are just a few of the 60 families that have carved out a piece of paradise here. Michael and Dina like the peacefulness and tranquility…and the food at the restaurant. Anthony was shocked by the "unexpected beauty and the infrastructure". Carol loves to walk along the beach and among the tidal pools while watching the resident surfers…Glenn loves to paint…Jim’s passion is surfing…

I could go on, but there’s really no need. Once you get there, you’ll meet everyone…and see for yourself how it feels to be here.

The Seagate condominium brings the ultimate in comfort and convenience to this established community

Seagate began in order to satisfy the growing need for luxury, turnkey, carefree living on this magnificent stretch of Pacific Ocean.

Each unit enjoys a direct ocean view, and provides private seating for the day’s spectacular sunset…from your spacious private veranda, as well as the large master bedroom suite.

The finishings are high-spec, from the quality ceramic tiles…to the imported fixtures…to the beautiful tropical hardwoods…to the old-fashioned clay-tile roofs.

The condominium is low density, private, and exclusive. The stylish two-story buildings are tastefully arranged, with only four spacious units per building…for a total of just 24 in the entire project.

Seagate simply offers elegant living at affordable prices.

Seagate condominiums provide a good opportunity for rental income…

You’ll enjoy a home here at a fraction of what you’d pay in the US, Europe, or the Caribbean. Even in nearby Costa Rica—just 50 miles away—the prices for similar properties are now more than double the prices at Seagate.

According to The Guardian, President Daniel Ortega has stated his intention of using tourism to bring prosperity to Nicaragua. And in seven years, tourism has grown 70% nationwide, to become the second-largest industry in the country.

So as tourism continues its rapid growth, the demand for both rentals and sales should continue to rise in this area…enhancing the value for early buyers.

ConstructionThe Seagate Condominium is built and backed by a rock-solid developer

And accordingly, construction progress is not dependent on ongoing property sales. In fact, construction on the Seagate Condominium is well underway…with the first units already being delivered.

The developers of Seagate are the principal stakeholders of Agora Publishing. And they’ve used this successful corporation’s financial power to back Seagate 100%.

And the project is highly exclusive for a reason. The primary investors of Agora originally founded Rancho Santana as their own personal retreat…in one of the world’s most beautiful locations. Later, they made some properties available to their close friends and a few select buyers.

But the original founders—including Bill Bonner and Michael Masterson—still have their own homes here. This helps to explain the high standards and exclusivity you’ll find today.

The ongoing cost of ownership is far less than you’ll pay in most of the world’s markets

Many of Rancho Santana’s current residents employ a full-time maid for cooking and cleaning, which costs just $150 per month. Car liability insurance starts at $100 per year, and health care plans begin at just $12 per month.

Monthly condo fees at Seagate are only $158…including free high-speed internet service. This is an unparalleled value for the impressive list of amenities on this property.

Property taxes are negligible, at less than $200 per year.

And as I write this, nonstop flights from Miami to Managua (Nicaragua’s capital) start at just $250. From New York they’re $380…Los Angeles is $444. So even the cost of flying here from the States is reasonable.

At Seagate, you’re not only making a wise property investment, but also one that won’t cost you a fortune to enjoy.

Here’s what makes Seagate different from every one of its competitors

We all know that economic times are uncertain as 2009 comes to a close.

And again, experienced property investors know that when economies falter, it’s the premium properties in premium locations that usually hold their value long-term.

So in my book, if you’re in the market for an upscale oceanfront project…there’s only one, unique property on Nicaragua’s pristine Pacific coast that fits the bill. Seagate Condominium at Rancho Santana. Here’s why:Homes

  • Seagate is a high-end property in Nicaragua’s undisputed premier community;
  • Seagate is part of an active, vibrant community, with over 60 homes already completed;
  • It’s the only property in the market that comes with its entire slate of luxury amenities completed.

In today’s economy, now is not the time to take chances. Don’t even consider buying a property of average quality…on an average site…or with a developer who’s just getting by.

It’s the time to stick to the time-tested practice of buying the best property in the best area.

But most importantly, Seagate stands in the forefront by treating you to a lifestyle that few in the world will ever experience.

Become an owner at Seagate Condominium for low money down…and easy 5.9% financing

SunsetRemember, all of the Seagate condos have beautiful ocean views, and they enjoy one of the world’s most-magnificent sunsets.

These brand new units are available with either two or three bedrooms (each with two baths), in sizes of 1585 and 1726 square feet.

And every Seagate owner is entitled to all of the amenities, facilities and benefits that Rancho Santana offers.

Homes in the Seagate Condominium normally start at $274,550. And they go up to $369,000.

 

I want to know more

But I’d like to tell you about a special pre-launch offer for Pathfinder Alert readers

"...forward thinking investors can find some of the greatest deals on earth in this country"
The World’s Best Kept Retirement Secret, MSN Money

The developers at Seagate are offering you a 15% discount during this pre-completion stage. This brings the starting price down to $233,368.

And as a further benefit for getting in early, you can secure your unit for just 25% down, with the remainder financed at a fixed rate of 5.9%, and carried for the next seven years.

Closing costs are low; between 2.5% and 3.5%.

I encourage you to come take a pre-launch inspection visit. Marc Brown has organized such a visit to take place from January 6 to 10, 2010. The purpose is to give you a chance to experience the lifestyle of a homeowner at Seagate. There will be no sales presentations or high-pressure sales pitches during this time. To read details of the inspection visit and associated tours, click here.

That’s what you call affordable luxury: A good price, low money down, and a great financing package in a development with a rock-solid track record.

You won’t find anything like Seagate ... anywhere in Pacific Central America

I want to know more

I’ll be honest. When I first heard about Rancho Santana I was skeptical. Frankly, it sounded too good to be true.

Then I came and stayed for a while…and two things really hit home.

One was that the infrastructure was finished. It was the only project I saw on the coast where the developer had already fulfilled all of his promises. What you see is what you get.

But what really sold me on this property was meeting the homeowners at Rancho Santana. Day after day, I was impressed by how much the residents thoroughly enjoyed their community and its benefits. From horseback riding…to surfing…to enjoying a sunset cocktail together at the seaside bar…people were simply having a good time.

Rancho Santana has a ‘community’ feel and a positive energy that is unlike any place I’d been…and I go to dozens of projects like this every year.

As an owner at Seagate, this will be your biggest benefit of all.

So don’t delay. Remember, of the 24 condominiums, only 12 remain. Arrange for your inspection visit today. I can honestly tell you that I believe this to be the best buy on Nicaragua’s coast.

Sincerely,

Lee Harrison
Latin America Roving Editor

PS: Remember, when the official launch occurs on January 15, 2010, the discounted price and financing package will expire. But please don’t delay…the project will most likely sell out before the launch.

Now is the best opportunity you’ll have. Take advantage of the inspection trip, pay a visit, and see if the Seagate lifestyle is for you.


You might also be interested in:

Chill at Rancho Santana

How Much Would You Pay for a Home on This Coast?


Posted Under:

nicaragua, beachfront, chill weekends


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