Seaside Mariana in Nicaragua
Seaside Mariana Spa & Golf Resort is the most prestigious luxury community in Nicaragua. "We are taking an incredible jewel in Nicaragua and its indigenous elements, which include the country's culture, architecture and environment, and merely polishing them to become a five-star resort overlooking the vistas of the Pacific." says Ron Lustig, AIA, ISHC, principal design architect of Earl Swensson Associates.
Located on 923 acres of undisturbed Pacific coastline, Seaside Mariana will feature luxuriously designed ocean view homes, condos, and golf villas, Nicaragua's only 18-hole Jack Nicklaus Signature Golf Course, the country's first Destination Wellness Spa, a Boutique Hotel, private oceanfront Beach Club, an Archeological Museum, a resort Medical Facility, and a Lifestyle Plaza replete with shops, restaurants, cafes, and a cultural and performing arts venue.
Located on a dramatic natural slope that rises 70 feet vertically and 600 feet horizontally from the beach, the property will afford owners and guests breathtaking views of both the ocean and surrounding countryside.
In addition, the Tecolapa River which travels 3km through the property will be the showpiece of a protected nature reserve and will display exotic species of flora and fauna that are indigenous to the Nicaraguan countryside. Residents of Seaside Mariana will have easy access to the river, and the resort will provide kayaks and canoes for use if the need for adventure arises.
Seaside Mariana Spa and Golf Resort is located in beautiful San Rafael Del Sur on the virgin Pacific Coast of Nicaragua. This area has traditionally been a vacation destination for Nicaraguans due to its
undisturbed beaches and 80° ocean temperature. The resort is located one hour from Managua, the Capitol City of Nicaragua, metropolitan area of the country, and home to Nicaragua's only International airport.
What is the vision for Seaside Mariana?
This master-planned resort is a 923-acre private community designed to set new standards for luxury, service and amenities in Nicaragua and Central America. It will feature a Jack Nicklaus Signature Golf Course, world-class spa and wellness center, and a town center that includes a beach club, boutique hotel, retail shops, restaurants and entertainment areas.
Investors can select from a wide selection of beachfront and golf course residential options, including villas, condominiums and private home sites. All units are designed and built to North American standards with the finest quality fixtures and finishes, within an old-world architectural style reflective of the area around the resort. To enhance the resort lifestyle, an innovative ownership, rental service and resale network will meet the needs of owners, and makes ownership a sound and easily managed investment.
Nicaragua is experiencing strong economic growth, with international investment steadily rising and tourism up over 300% over the last decade. This emergence has drawn attention to the country, resulting in increased interest in real estate that has led to rising prices that promise the opportunity for potential returns rivaling those seen over the last 20 years in neighboring countries such as Costa Rica and Panama.
Who is developing the resort?
Golf legend Jack Nicklaus will bring his vision to Nicaragua with the design of a Signature golf course at Seaside Mariana. Nicaragua Developments S.A. is led by Kevin Fleming and specializes in the planning and development of luxury real estate in Nicaragua. Fleming is a native of Canada who now lives full-time in Nicaragua. In conjunction with its real estate efforts, Nicaragua Developments is committed to fostering growth and improved economic opportunities for local citizens through a non-profit foundation, while also preserving the natural assets of the country.
OWNERSHIP
What are the benefits of ownership?
Owners and their guests will enjoy the use of all facilities within the resort through a membership included with all real estate units. Owners may upgrade to a full private golf membership for an additional $10,000 at the present value.
What types of property are available?
The resort will offer one, two and three bedroom units in its beach front and ocean view condominiums, including penthouses and villas. In addition to interior living spaces, each unit also features exterior space that adds approximately 200-300 of additional square footage, based on the individual floorplan. Specifications are as follows:
1 Bedroom– Approximately 900 - 1,200 square feet of interior living space
2 Bedroom– Approximately 1,300 - 1,700 square feet of interior living space
3 Bedroom– Approximately 1,750 - 2500 square feet of interior living space
Penthouses– Sizes vary based on location.
How does the cost of living compare?
In general, the cost of living is considerably lower than in most North American and European cities.
Is financing available?
Yes. We have established relationships with local banks that will finance 70% of the purchase price with 30% down. These offerings vary based on the individual bank, so we will provide current information on rate plans upon request.
Are kitchen appliances included?
All kitchens are fully equipped with a full selection of appliances.
Is furniture included in the purchase price?
Furniture is not included, but custom furniture packages will be available for purchase at a price of approximately $25,000.
Is there satellite television and Internet access?
Pre-installation of both services is included in the unit purchase price. Individual owners are responsible for hook-up and monthly fees.
When will Seaside Mariana open?
Construction is scheduled to begin in the fourth quarter of 2008, with the completion of the resort’s first phase set for November 2010. In addition to residential units, phase one includes a Nicklaus Signature golf course, golf clubhouse, spa, beach club and town center.
RENTAL PROGRAM
Is there a rental program?
Kemper Sports Management, a highly respected group based in the United States, will manage the operations and facilities of Seaside Mariana. This will include a comprehensive program that will enable owners, if they desire, to rent their units, with all aspects handled by on-site personnel. Association owners will get 60% of income less commission and expenses.
Is there a healthy demand for rentals in the area?
Nicaragua is rapidly becoming a very desirable destination for visitors drawn by its biodiversity, pristine environment, beautiful beaches, culture and history, and numerous recreational opportunities. With the country currently receiving more than 800,000 visitors annually, there is growing demand for rentals. By 2012, the hotel room deficit is projected at 5,000 units, while interest also is increasing in the type of luxury accommodations offered by Seaside Mariana.
Prices:
One Bedrooms from $327,040
Two Bedroom from $550,073
Three Bedrooms from $841,234
Penthouses from $1,124,035
One Bedrooms from $287,539
Two Bedroom from $358,539
Three Bedrooms from $746,034
Penthouses from $647,727
Luxury Villas from $750,000 - See Full Price List
Home Sites - See full price list
Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceoverseas.com cannot be held responsible for any inaccuracies. Contact Us now on +44 (0) 1638 564305 for a brochure and full details or click here