Simply
the best pacific-coast real estate deal in the world today...
continued
from above Most
investors will think you are "nuts" for considering
such a place.
That's
okay…their loss will be your gain.
While the majority of investors continue to misunderstand
this country, it has already become one of the best real estate
bargains in the world today. The truth is, to find--and profit
on--the world's best real estate opportunities, you have to
look at the world a little differently. You've got to see
opportunities where others see only risk.
THE
key to making a lot of money with real estate is to buy before
it becomes popular. We have a saying…"don't wait
to buy land…buy land and wait."
The
hard part is trying to learn ahead of time where the next
popular place might be. Everyone can identify a good real
estate investment after the fact. But few buy when an area
of real estate is unpopular.
Take
Costa Rica, for example, 15+ years ago
You
live in Main Street USA, own a second home in Florida where
you spend the winter and holidays with friends and family.
Now,
what if, you read an article talking about pristine beaches
and private coves...tropical landscapes and palm trees. The
writer said the land he has just visited in person on the
pacific coast of Costa Rica could double, or even triple in
value in the years to come. Suppose you had the opportunity
to own an ocean view lot for as little as $10,000.
Would you have bought?
Chances
are you would not. "Who goes to Costa Rica" you
might have said...and shook your head. That decision, looking
back on it now, could have cost you hundreds of thousands
of dollars, as Costa Rica has become one of the hottest tourist
destinations in the world.
Hey,
hindsight is 20/20. And it's perfectly understandable why
so few people bought real estate in Costa Rica 15 or 20 years
ago.
Some
did buy in Costa Rica
Sure,
wondering if Costa Rica would take off seems silly now...but
it made perfect sense back then. However, while most people
shook their heads and said no, some bought...and reaped huge
rewards.
We believe a similar opportunity exists right now, in the
fast growing country of Nicaragua.
It
is a place few people consider a travel destination, and far
less as a place to invest in real estate. That's precisely
why if you act now, you stand to make considerable gains.
Actually,
an investment in Nicaragua today is a lot less crazy than
an investment in Costa Rica was 20 years ago. Nicaragua is
already enjoying a one-way-only path to progress and economic
development.
Before I explain how you can take advantage of this opportunity...let
me reminisce a little
I
stood looking out over the Pacific Ocean on Nicaragua's western
coast for the first time in 1991; sea turtles were walking
into the water. The sun glistened off the ocean as the gentle
waves rolled onto the beach. It was like a dream...a place
I couldn't believe considering my world of tract homes in
southern California.
What
was really amazing, though, isn't that a place like this has
remained untouched for so long...it's that today you can own
a piece of it for as little as $10,000. What's more, you're
only a two-hour flight from Miami.
To
give you a point of reference, if you drove for a day along
the Pacific Coast of Costa Rica - just 30-minutes south of
Nicaragua, you'd find land prices almost as high as Florida
and California.
It's
got to be the world's most undervalued property
Costa
Rica in the early 1980's was THE place to go for affordable
beachfront - I know, I was there. Today, in the beachfront
community of Tamarindo, a quarter-acre beachfront lot sells
for $200,000 or more. That same lot in Nicaragua... not 100
miles away on the same stretch of coast...costs about $75,000.
An ocean view lot in Punta Ranos can set you back $100,000
or more. At Playa Madera, close to San Juan del Sur that same
ocean view lot sells for less than $50,000.
It's
not just Costa Rica, in Belize it's the same story. Ten years
ago, you could buy a beachfront lot on one of the islands
off the coast there for $35,000. Now you'll pay $280,000 for
a modest home on that same lot. Honduras' Bay Islands have
boomed as well. Half-acre beachfront lots sold for less than
$20,000. But today, if you can buy a half-acre on the beach
for $75,000, it's a bargain.
Because
it's so undiscovered (and the fact that it won't remain that
way for long), Nicaragua real estate makes smart investment
sense. Just as the cost of beachfront property has appreciated
in neighboring countries, so too will it appreciate as this
emerging country continues with its aggressive tourism incentives.
You
still have time to get in ahead of the crowd
Word
is slowly getting out about Nicaragua, and that's why now
is such a good time to invest. In the last few years, U.S.
News and World Report cited Nicaragua as an affordable
retirement destination, The New York Times explained
that Nicaragua was where the people who tired of Costa Rica's
high prices were heading...and USA Today reported that
same trend.
You
see, when comparing apples to apples in Central America, Nicaragua
is the one country that has its act together.
Nicaragua
is peaceful, democratic...and booming
Nicaragua
is not like it was 20 years ago; it's a nation at peace. Its
government is democratically elected and committed to a free-market
economy. They are eager to attract foreign investors: the
U.S. State Department's Lino Gutierrez said recently. "Nowhere
in the hemisphere is the political transformation and expansion
of democracy better exemplified than in Nicaragua,"...its
economic prospects and its relations with its neighbors have
changed positively in an astonishingly short time... The results
have been remarkable."
Currently,
Managua is booming--a new presidential palace is under construction,
a shopping mall (with a Liz Claiborne shop, no less) recently
opened...the streets are bustling with activity. Signs of
the current economic growth are easy to see. The brand-new
InterContinental hotel is first-class. Also new on the horizon
in the past two years are a Princess Hotel and a Holiday Inn.
There's a Subway (sandwich shop)...a TGI Friday's...a Radio
Shack... and a Hard Rock Cafe. A new office building under
construction will be the tallest in the city when it's completed.
And
tourism is now the number-one industry in Nicaragua. Cruise
ships have been depositing as many as 3,000 people per week
at the dock in San Juan. These vacationers are taking off
in buses and spending dollars at the markets in Masaya and
in the colonial city of Granada.
Developers
are beginning to build along the Pacific coast, and the government
is improving the local infrastructure there by paving roads
and sprucing-up tourist areas. The road from Rivas to Tola,
near San Juan del Sur has been blacktopped in the last year,
and more nearby routes are slated for 2002.
Two
years ago, when PDH began purchasing property in Nicaragua,
we looked for raw land on the Pacific...all you could find
was a lot here and there with no amenities. Only one "development
project" was under way. Now, you have several to choose
from--all with water, electricity, and fabulous views of the
surf below. Century21 and Remax have real estate signs all
over the coast now.
The
best part of this real estate opportunity in our mind, is
the fact that Nicaragua has smart real estate laws that are
most attractive to foreign investors. Owning land in Nicaragua
is not like Mexico…here property ownership is much the
same as at home -ownership is fee simple/freehold, without
the need of any native partner. And unlike other Central American
countries, in Nicaragua you can buy American Title Insurance.
If
you act now, you'll be buying the lowest priced Pacific Coast
property of the region.
Progress
is clearly happening...
and property prices are already appreciating
While
it's true that prices are already on the rise...you're not
too late to take advantage of many spectacular bargains.
For
example...
· Ocean view lots in San Juan del Sur from $85,000.
·
Private, two-story detached villas at San Juan del Sur's pre-eminent
residential community from the low $200K's.
· Two bedroom ocean view rental properties from $179,000
See
the country for yourself…in print, or on your own private
VIP tour
We
have compiled a comprehensive information package for those
interested in learning more. For the adventure seeker, our
3 night, 4 day V.I.P. tour gives you an "up close and
personal" overview and introduction to this country.
You'll see and learn what is happening in this rapidly developing
economy. We'll supply you with a look into their culture,
their history, the recent exciting changes, and their positive
future.
For
anyone interested in the profit potential Nicaragua has to
offer, now is the time to act. Contact
us now...
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Titles
to all our home sites are guaranteed to be free and clear
of all encumbrances and fully insurable through First
American Title Insurance Company.
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For
questions concerning Title Insurance, please contact:
First American Title Insurance Company.
Caribbean/Latin America Operations
13450 W. Sunrise Boulevard
Suite 300
Sunrise, FL 33323
Tel.: (954) 839-2900
Fax.: (954) 838-9228
Toll Free within the U.S. and Canada: (877) 641-6767
Email:
Tuey: tmurdock@firstam.com
David: damurdock@firstam.com
Gladys: gcolon@firstam.com
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