Sunday, November 22, 2009
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Here’s Your Opportunity To Become Part Of A Premier Luxury Pacific Beach Resort Community Lots available now for as little as $49,900 and completed custom homes with 21st-century infrastructure for $123,000. |
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Trendwatchers.com reports that this trend first showed its face in Florida. They call it "Floridasation." But whatever you call it, it’s apparent that this has become a worldwide trend. It isn’t just an isolated trend in a few countries. No - Baby Boomers from colder climates are moving, too - investing in and buying second homes in warmer climates all over the world. It’s impossible to imagine this trend coming to an abrupt halt. If anything, it should gain momentum.
As capital appreciation in Florida and Southern California priced beachfront land outside the reach of average Americans, they began to look farther South… to Mexico, Panama, and Costa Rica. Prices in those markets have risen accordingly. As demand goes up, so do the prices. In some parts of Costa Rica property can cost almost as much as in California!
Buying in Nicaragua today is like getting into Costa Rica 15 years ago… or California 60 years ago. The prices are low because Americans haven’t been willing to consider Nicaragua before. The country is outside the mainstream… but that situation is changing quickly.
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Retirees (and Baby Boomers About to Retire)
Are Turning to Nicaragua
According to the Wall Street Journal, "As legions of Baby Boomers prepare to retire and relocate to warmer climates, a widening range of Central American countries are vying to be their new home. While places like Costa Rica, Mexico, and Belize have long lured U.S. retirees with pristine beaches and cheap living, prices in those countries have risen sharply during recent years. As a result, a new breed of intrepid retirees is branching out to countries including Panama, Honduras, and Nicaragua."
Nicaragua encourages U.S. retirees to relocate with an extremely generous package of retiree benefits. There are no taxes on income earned outside of Nicaragua. You can ship up to $20,000 worth of household goods plus a car to Nicaragua duty free, should you choose to retire there. Furthermore, in an effort to promote tourism, the Nicaraguan government also offers the most investment-friendly tax policies of any country in Latin America.
Baby Boomers are aging fast. Beginning in 2000, Boomers started turning 50 at the rate of just under 10,000 a day. Already, more than 14 million Boomers are aged 50 and up. Many aren’t waiting until 55 to retire… let alone 65. Plus many are considering a new form of "retirement" that includes starting a business overseas or managing an investment portfolio online from a beachside villa or condo. Baby Boomers are considering many more options than their parents ever thought about.
I’m not suggesting that Gran Pacifica is a retirement community. It’s not. But it could be a perfect second home or retirement home for some readers. Gran Pacifica is a highly planned resort community that offers people who join in this venture a level of infrastructure, amenities, and possibilities never before available in Nicaragua. It aims to provide a level of comfort and convenience on a par with many U.S. developments, and in some ways offers more… at a much lower price point than you can probably find anywhere else in the Americas.
Where is Gran Pacifica?
Gran Pacifica is located at the closest point to the Pacific Ocean - 42 miles due west - from Nicaragua’s capital, Managua. Managua is the largest city in Central America, with a population of over 1.6 million (about one-quarter of Nicaragua’s population). It’s also the financial, transportation, and communication hub for the country. That’s a huge plus for a number of obvious reasons.
Gran Pacifica is…
- A beachfront community on the Pacific Ocean with 2,500 acres of gently rolling property featuring 3.6 miles of Pacific coastline with gorgeous soft volcanic sand beaches perfect for surfing, fishing, swimming, sunbathing, strolling, and stunning Pacific sunsets.
- Easy to get to - about one hour from Managua and one hour and twenty minutes from Managua’s International Airport
- Close to the top medical, educational, and cultural facilities in Nicaragua
- Easy access to First-World shopping and entertainment centers
- Twelve miles from the only all-inclusive resort in Nicaragua, Montelimar, a popular destination for Nicaraguan and international vacationers. All Nicaraguans are familiar with this beautiful beach area and it’s already considered a premier national destination.
All of that bodes well for the future of Gran Pacifica. And that meets one of the most important rules for real estate, location.
Gran Pacifica is ideally located for the kind of development that’s planned. It will be easily accessible to wealthier Nicaraguans and the international business community located in Managua as well as tourists from around the world. But that is only the beginning of the story…
Gran Pacifica’s Design Team Brings Together the "Best of The Best"
The land planners behind this project are Urban Design Associates, the architectural, land planning, and landscaping firm that designed Disney’s wildly successful Celebration Community just outside Orlando, Florida; Pinehurst’s new golf town center in North Carolina, and the Watercolor Community in Seaside, Florida. They have been involved in consulting for the renewal and redevelopment of important historic downtown and waterfront projects in Virginia, Florida and Minneapolis. This is an outstanding firm known for beauty, quality, outstanding design, and enduring value.
Construction management at Gran Pacific is being handled by Gálvez & Volio Associates, an ISO 9000-certified management firm that was responsible for the completion of the Marriott resort in Costa Rica, the Intel plant in Costa Rica, and the Pricemart in Nicaragua. They have the experience in this part of the world essential to insuring superior construction and completion of the project according to plans.
The 27-hole golf course has been planned by T.L. Haugen Design, a leader in well-planned golf communities with more than a dozen successfully completed projects in the U.S. under his belt. Avid golfers will instantly recognize the name. The course will include magnificent holes that take full advantage of the rolling hills along the river and dramatic ocean views to enhance the golfing experience.
The architectural style for the development is a combination of Spanish colonial and Nicaragua styles, designed to enhance the natural beauty of the property and fit seamlessly with the best of Nicaragua’s rich architectural history.
"New Urbanism" Comes to Nicaragua
The planners behind Gran Pacifica are guided by a philosophy called "New Urbanism." This is a philosophy of community planning that promotes the creation of diverse, walkable, compact, vibrant, mixed-use communities.
Currently, there are over 500 New Urbanist projects planned or under construction in the United States alone, half of which are in historic urban centers. But Gran Pacifica is the first of its kind in Nicaragua.
Many people consider New Urbanism to be the most important planning movement this century. It focuses on improving the quality of life and standard of living of a community by creating better places to live. Places that preserve traditional values by creating an accessible community center for recreation and entertainment, a community that is easy to walk, eco-friendly, energy efficient, and sustainable. New Urbanism emphasizes aesthetics, human comfort, and helps create a sense of real community, not just a housing development.
All of this, combined with the natural beauty of the Pacific Coast offers you a high quality of life and helps create a community that will enrich, uplift, and inspire you.
A One-Of-A-Kind Development
Gran Pacifica is the first master-planned, high-end resort to come to Nicaragua. There is nothing like it in the country today, and very few places like it in the region.
There are already 100 or more homes completed or under construction in a beautiful, well-designed, high-tech, modern community.
With the golf course finished, Gran Pacifica will be a one-of-a-kind jewel in Nicaragua’s tourism industry.
A drawback to investing on the Nicaraguan coast for many North Americans is that you are truly pioneering here. With the exception of San Juan del Sur, there is hardly a town or community on the beach where a typical North American could feel at home. Gran Pacifica offers something different: a community.
And not just any community, but a large and growing community, with the ultimate in high-tech amenities—perhaps more than you enjoy where you live now.
At Gran Pacifica, we’ve transformed oceanside pastureland into a state-of-the-art community. Gran Pacifica features underground utilities, waterlines pressured to U.S. standards, paved streets, sidewalks lit with streetlights, and even fire hydrants. There’s nothing like this planned or available today on the Nicaraguan coasts.
A beach bar and restaurant are the perfect place for a cold drink when you visit…or some alfresco dining beside the pool.
There’s a "Buzz" in the Air
Nicaragua is easier than ever to visit. You have a choice of up to 10 daily flights to Managua from Atlanta, Ft. Lauderdale, Miami, Houston, and Los Angeles. The quaint beach town of San Juan del Sur boasts regular stops by major cruise lines. Tourists bus in from Costa Rica to see stunning natural resources, the largest rainforest north of the Amazon, remarkable volcanoes, and abundant wildlife.
A Wave of Business Development Boosts Prospects in Nicaragua
Inter-Continental Hotels, Holiday Inn, Best Western, the Seminole Hotel, and Princess have opened hotels in Nicaragua. Major corporations have set up shop, too, including McDonald’s, Liz Claiborne, Bell South, TGI Fridays, Osh Kosh B’gosh, Payless Shoes, Kodak, United Colors of Benetton, Burger King, Radio Shack, Pizza Hut, Domino’s, Hertz, Budget, Alamo, and more.
Government incentives are stimulating growth. The Tourism Tax Incentives Law is not only attracting foreign investment, but Nicaraguans are using this incentive to invest in certified tourism development projects to offset their ordinary income tax.
Property at Gran Pacifica is quite reasonably priced for this type of high-end development. Lots at Gran Pacifica are available for less than the price of a typical kitchen-remodeling job in the U.S. You can own a lot in Gran Pacifica for as little as $49,900.
Estimated building prices for a resort home in Gran Pacifica are about as low in Nicaragua as you can find anywhere. The cost of good quality home construction for the lot buyer will be as low as $75 per square foot, up to $90 per square foot for high-end luxury construction. This equates to a total construction cost of $112,500-135,000 for a 1,500 square-foot home.
You have your choice of several home plans depending on your needs and budget. The home designs all need to be approved by UDA, the design firm I told you about, assuring that all homes will be architecturally pleasing and of high quality construction.
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Discounts Are Available Now
Construction on the first nine holes of the golf course is due for completion on December 4, 2009. If you buy now, you can take advantage of special early-in pricing discounts on golf course lots….but only three are available at this special price of $49,900...a savings of $20,000.
This will be one of the only golf resorts in the country. Because of that, the upside potential is tremendous. Gran Pacifica has the potential to become the most desirable resort destination in the country.
Is Gran Pacifica For You? Consider…
Here is an important consideration to keep in mind about Gran Pacifica:
We are committed to creating a "real community," not a "ghost town," like so many Latin American developments in the past have become. These ghost towns are developments that after many years are little more than a collection of lot markings.
To promote the quick development of the community plans, property in Gran Pacifica comes with a covenant that requires owners to build on their property. This type of covenant is not unusual, but it is another first for Nicaragua.
The building requirements are good news for those who want to live or spend time on the coast in Gran Pacifica. There are now over 100 homes in the community, making it quite an inviting place to spend time. The fees for the Gran Pacifica Home Owners Association are higher than for other homeowners associations in the country, in order to support the level of services and infrastructure that we are investing in. They are not exorbitant, though, and, again, they are a plus for anyone planning to spend time in the community. They assure you of adequate financing for the maintenance of your community and its first-world infrastructure. Average HOA fees for a lot and home are currently less than $100 per month.
As I mentioned above, lot owners must begin construction of their homes within 24 months after the purchase. To support these restrictions, we are required to have roads, electricity, water, and sewage installed to the lots.
All the capital needed to cover the investment in the land, planning, the architectural work, design, and the initial major infrastructure was equity capital, and the company is debt free. All of this work has been completed on schedule.
As I write to you, construction of streets, sidewalks, streetlights, storm drains, water systems, underground electric, and fiber optic cable to each home site is complete.
If You Are Not Ready to Build…
If you are not yet ready to build, these restrictions could be a deterrent to buying in Gran Pacifica. However, we decided to offer some lots for people who need more time before they come and build a home, or for folks who may want to resell their home site without building. Out of about 200 lots, we have identified some lots that are being offered with no construction timeframes.
The Price Is Right At Gran Pacifica
"The most important factor is land prices. Land in Nicaragua costs about one-third the going rates on the world market. In Costa Rica the costs are four times as much."
Fortunately, where Gran Pacifica is conveniently located, and with the level of infrastructure, you won’t suffer the disadvantages of remoteness, and you can still take advantage of low Nicaraguan real estate prices. In fact, Gran Pacifica has already spent over $100,000 for public road repairs and upgrades to keep the short 6 miles of dirt in very good shape. Additionally, we ran 3-phase lines all the way back to the substation 24km distant to ensure that we could deliver high-quality, reliable power to the project site. The cost to us, for your comfort and convenience, was nearly $300,000. Both expenditures are just part of the costs of doing business the only way we know how—the right way.
Currently, we at Gran Pacifica are offering special discounts of up to $20,000 off the published lot prices, on three lots. That makes ownership at Gran Pacifica quite affordable right now.
These lots average a quarter-acre, fronting the golf course. The list price is $69,900…with that $20,000 discount, you only pay $49,900. These lots don’t have a build requirement or infrastructure in place.
If you are ready to build now, then lots in the casita village also start at $49,000. These are smaller lots, from 800 square feet, but remember…"Think about Gran Pacifica like you would a fine diamond. A small high-quality one-carat diamond is worth more than a lower quality two-carat diamond. Scarcity is the key. Lots by the ocean are a dime a dozen. You want to own the highest-quality, hard-to-produce product that you can afford. Gran Pacifica’s planning and infrastructure is the finest in the region and won’t be easily duplicated anytime soon."

Readers Qualify For $20,000 Discount Now!
For anyone interested in a Pacific beach golf resort, Gran Pacifica is worth serious consideration. This opportunity also offers a strong potential for gains in quality of life as well as property values.
To buy a comparable lot in the United States, you could pay between ten and fifty times the price that lots at Gran Pacifica are offered at now.
Gran Pacifica deserves your careful attention. And to help you experience our unique community, we are offering a chill weekend trip. We’ll pick you up from Managua airport, and take you to Gran Pacifica. You’ll stay in one of our oceanfront condos, where we’ll wine and dine you, and help you discover this amazing Pacific coast location for yourself. There’ll be plenty of time to relax, too. The trip costs $299 per person, and you can bring along a guest for $100 more. Contact us here to reserve your place.
For a full package of information about the three discounted lots for sale and the development as a whole, please contact me here.
Sincerely,
Mike Cobb
President, Gran Pacifica
P.S. Obviously I am bullish on Nicaragua. It offers the best bang for the buck on desirable beachfront and ocean view property in the world today. I’ve already made significant investments in Nicaragua for my family, my partners, and myself.
If the idea of being a part of the second wave of Nicaraguan investment appeals to you…I urge you to act right away. This opportunity won’t last much longer—only three lots remain. For more details follow this link now.
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This is a rare opportunity for you. It’s your chance to be part of a fast-growing community in one of the most beautiful (and affordable) beach communities in the world. Opportunities like this do not come along very often. You should act quickly because the current prices aren’t going to last long.