Posted by Kevin Fleming on Sun, Feb 05, 2012 @ 01:41 PM
Several recent reports have identified Nicaragua as one of the best real estate opportunities in the world. In fact, one expert pointed out that Nicaragua’s Pacific Coast is virtually identical to Southern California in terms of its beaches, climate, geography and sunsets, but is still “ridiculously affordable” with an “amazingly low cost of living.” One of the world’s top tour companies stated in a recent report, “For clients who enjoy tropical weather and exotic surroundings, Nicaragua may be the next best, if not more authentic, alternative to travel to Costa Rica.” And U.S. News & World Report proclaimed Nicaragua as one of the “world’s top retirement havens for 2011.”
EXPLORE THE COUNTRY AND LEARN WHAT YOU CAN ENJOY HERE
Now you have the perfect opportunity to come and explore Nicaragua, learn about the opportunities to live and invest here, and have your questions answered by leading experts. You’ll discover how easy and secure it is to purchase real estate here, and how to both enjoy and capitalize on your investment. You’ll also meet people like you who already have invested in Nicaragua as well as some who have made the move to a new tropical lifestyle. The atmosphere is relaxed and fun, and you’ll leave with an appreciation for the natural beauty, culture, history and charm of this place we call the New Nicaragua.
INVEST IN A UNIQUE AND POTENTIALLY REWARDING ADVENTURE
Your adventure starts at the comfortable Hilton Hotel in Managua, and takes you to the Pacific Coast and several of the lovely historic towns that reflect the grace of the country and its people. For complete details and to receive more information, click here.
COME TO NICARAGUA AND LIVE YOUR DREAM
This truly could be your “once in a lifetime” chance to live a dream. We look forward to seeing you in March when the future truly begins to dawn on Nicaragua’s Pacific coast.
Posted by Kevin Fleming on Fri, Nov 04, 2011 @ 09:17 PM
Live a luxury village lifestyle, with fully furnished units starting at just $59,000.
Take a moment and imagine what it would be like to open the door of your own luxury condo and step out into a casual village setting that reflects the traditional carefree way of life in Nicaragua. In your village are restaurants and bars, a coffee shop and salon—not to mention the post office, pharmacy and grocery store. There’s even private parking, not to mention a community center with a fitness area and outdoor pool. You’ll have everything you want and need--just like home--except here you’ll bask in tropical sun under swaying palms. And only a few steps away is a mile of pristine beach lapped by the warm waves of the Pacific Ocean.
The new Village Condos, ideally situated in the lovely Mariana del Norte neighborhood, are a perfectly affordable option for those who want to be at the center of daily action and lifestyle amenities--and still close to the ocean and the Jack Nicklaus Signature golf course. These condos are the perfect example of “location, location, location” at prices that seem impossible.
A luxury tropical condo starting at just $59,000?
Hard to believe, but correct: Fully furnished studio units start at just $59,000, with multi-level two-bedroom condos also available. Studios range in size from 408 to 542 square feet, a perfect size for a private getaway. There also are studio units with lock-offs, which are perfect for generating rental income.
Or spread out in a spacious two-bedroom condo that features a master bedroom on the main floor and a second bedroom in an upstairs loft, accessed by a spiral staircase. These units offer over 1,100 square feet of comfortable living space, and prices start at just $187,500.
The Village Condos are situated in eight stunning buildings surrounding courtyards reminiscent of Nicaragua’s historic town squares. In fact, life here promises to have the same languid, unhurried pace that marks the surrounding villages. It’s this calm, peaceful approach to living that has made the New Nicaragua an inviting place to visit—tourism continues to increase steadily—and it’s also a wonderful place to own a vacation getaway, retire in comfort or even start a new business.
Unlock the door, and your new life begins with all the comforts of home.
Each Village Condo is fully furnished, and that means everything you want and need--from unique furniture and accessories handmade by Nicaraguan artisans to stainless steel appliances in your kitchen. Not to mention ceramic tile floors throughout, recessed lighting, custom cabinetry, spacious tiled baths, plenty of storage and even a water filtration system. You also can walk out onto your own private terrace where you can relax in the warm breezes.
The open floor plans are designed to be light and airy, maximizing the views of the lush natural surroundings. There are three unique floor plans for the studios, and two for the two-bedroom units, allowing you to select the arrangement that best suits your needs. Each features a natural palette and ocean-inspired décor.
Watch your home value increase as the buildings rise.
What could be nicer than watching your investment rise in value? Right now, prices are projected to rise approximately 12% when the foundation of the building is completed, with additional increases tied to other construction milestones. So, those who buy early are positioned to benefit the most.
Learn More >>
Come for a visit in January
Want to experience the New Nicaragua for yourself? Then make plans now to join us for our next five-day Discovery Tour slated for January 25-29, 2012. It’s the perfect time to escape the cold and enjoy tropical temperatures, while seeing first-hand what makes this a very special place. If you participate in the upcoming webinar, you’ll receive $150 off the price. For complete details, go here.
Our Commitment: 5% for Futures
All businesses and initiatives under the Grupo Mariana name originate from and give back to the country of Nicaragua as a core focus. 5% of sales from every Grupo Mariana business sector is dedicated to funding efforts that help drive the economic growth and sustainability of the greater Mariana Region, creating an attractive area for the sustained growth of tourism activities.
Every Grupo business. Every Grupo sale.
Posted by Kevin Fleming on Mon, Aug 29, 2011 @ 05:37 AM
Seaside Mariana Oceanfront Community
Seaside Mariana in a master-planned community spread over 923 acres on 2.0 kilometers of pristine Pacific beachfront an hour’s drive from the country’s capital city and international airport in Managua. The site ranges in elevation from 18 ft above sea level to 800 ft providing views of the Pacific Ocean and the surrounding San Rafael Del Sur area and Sierra Mountain Range. Seaside Mariana offers investors a selection of residential options, including beachfront and ocean view condominiums, golf and ocean front home site and beachfront bungalows. Construction will has commenced with an anticipated completion of phase one in the fall of 2013.
Owners and visitors will enjoy a range of outstanding amenities, the centre piece being the 300+ Wyndham Resort & Casino, an oceanfront Jack Nicklaus Signature Golf Course designed by the legendary golfer himself, a state-of-the art spa and fitness centre, equestrian centre, beach club, town centre with shopping and entertainment, boutique 5 star hotels and a cultural museum built around an active archaeological dig. Adding to the sense of security there is an on-site medical facility with an on-call physician and helicopter service.
Elements of the country’s old world architecture are blended with the modern to give Seaside Mariana a patina of graceful aging, establishing an authentic sense of place that honors the country and its people. From its grand entry to each individual residence, materials and textures are indigenous in look and feel, with finishes and colors that are harmonious with the natural setting.
Condominium prices will start at US$99,000 for a beachfront residence, which is approximately 30%-50% lower than holiday home communities in neighboring Costa Rica, providing a competitive investment option. The potential to earn high rental yields from a property on the development is good as Seaside Mariana will provide much needed accommodation for the country’s burgeoning number of tourists, which largely come from the United States and Canada. The country currently receives more than 800,000 visitors annually and this is predicted to increase steadily at 25% pa, which will mean by 2015 there will be a hotel room deficit of approximately 5,000 units.
Investing in Property in Nicaragua
Nicaragua offers some of the best value property in Central America and the potential for capital growth currently rivals any other destination in the world. With tourism up over 300% in the last decade, increased flight connections with the US and a growing reputation as a safe and beautiful country, agents are dubbing Nicaragua as the ‘next Costa Rica’.
Beachfront Real Estate in Nicaragua
The real estate market boom is being driven by both residential and commercial property. On the residential side many baby boomers from the US are discovering Nicaragua as a less expensive alternative to Panama, Mexico or Costa Rica where prices are typically 30-50% higher and the potential for capital appreciation is slowing down. Commercially, Nicaragua’s growing economy has recently attracted many international banks, insurance companies and manufacturers who have now established operations in the country. Overall there has been double-digit increases in direct foreign investment annually over the last five years, including an 25+% increase in 2010.
Nicaragua displays the same opportunities and possibilities that marked the beginnings of economic upswings in Costa Rica, Belize and Panama. The real estate investment opportunity is similar to Costa Rica 20 years ago and by arriving early in this emerging market investors can expect superior capital returns.
Tourism & Investment Opportunities
Tourism is the fastest growing industry in Nicaragua rising 300% in the last 10 years. With the country receiving over 1,000,000 visitors annually, there is a growing demand for holiday property especially at the luxury end of the market. The highest percentage of visitors are from the United States, which is growing annually by 25% as an an increasing number of flight connections become available. Hotels in the country have high levels of occupancy (typically over 75% per annum) and it is predicted that with the growing number of tourists there will be a 5000 room deficit by 2015. This bodes well for property owners looking to earn rental income from their second home. In addition an increasing number of Americans and Canadians are retiring to Nicaragua as they discover the tax benefits, lower cost of living and investment opportunities.
Doing Business in Nicaragua
Nicaragua has enjoyed peace and constitutional democracy for the past 20 years. The Sandinistas won the last election in November 2006, making their long term leader Daniel Ortega president again. Ortega has vowed to respect private property rights, the free trade agreement with the US (CAFTA), the agreement with the International Monetary Fund, and continue the macro-economic policies of his predecessor, Enrique Bolanos. Economic growth is strong with a 25% increase per annum of rice, beans, coffee and meat exports, mainly to the US. Unemployment rates are declining as the younger population find opportunities with the growing number of international companies.
As evidence of the recent progress in improving its business climate, Nicaragua has been ranked favourably in a variety of independent evaluations, including the Wall Street Journal’s Index of Economic Freedom and the World Bank’s ‘Doing Business Report 2011,’ which ranked Nicaragua as the easiest location in which to start a business in the Central America region. Nicaragua is recognized as having the lowest crime rate in Latin America, according to Interpol and the Inter-American Institute on Human Rights.
Buying Real Estate in Nicaragua
Real estate laws in Nicaragua allow fee simple (freehold) ownership by foreigners. Real estate property transfers are executed by means of purchase agreements signed before a Nicaraguan Public Notary by means of public deeds. Once the parties have signed, a copy of the contract (called “Testimonio”) is recorded at the Property Public Registry of the department in which the property is located.
At Seaside Mariana titles have been insured by First American Title Insurance Company and Stewart Title Latin America. Closing costs on the purchase of a property are approximately 4%. Of that, 1% corresponds to the government tax, 1% to legal fees, 0.75% to notary fees and 0.25% for registration fees.
Real Estate Taxes & Closing Cost
The yearly real estate tax is calculated at 0.8% of the value of the property. Nicaraguan income tax rules apply to the income generated in the sale and lease of the property. The rate will depend on the residence status of the owner. There are no restrictions to repatriate gains or incomes, as long as the tax withholding has been paid. Tax withholding on real estate property transfer in Nicaragua is 1%.
Grupo Mariana
We at Grupo Mariana know that the safety of your principle and the return on your investment are paramount. In addition to security and return, you want transparency in your investment as well as savings on cost associated with your investment (such as closing costs, homeowner’s association fees and savings on commissions when you sell). Grupo Mariana has taken your wishes to heart and has created ten excellent offerings specifically tailored to address them. That’s how special you are to us.
To learn more about our real estate offering, click here.
Posted by Kevin Fleming on Sat, Jul 30, 2011 @ 12:19 PM
The developers of Seaside Mariana Oceanfront Resort subscribe to the philosophy, “Speed is The Best Companion to Opportunity.” Meticulous attention to detail, coupled with prompt and decisive action is a hallmark of Grupo Mariana’s leadership style. At Grupo Mariana it’s a given that speed compliments, rather than compromises, quality.
Infrastructure You Can Depend Upon
Temporary Construction of Mariana del Norte Beachfront Condominiums and Laya Hotel Nicaragua, has begun since January 2011 and will last through to November 2011. Surveying, leveling, earthwork, bridges, and the construction of the entrance will begin by the end of the September 2011, the power distribution, irrigation systems and communication structure will commence in the early part of 2012. Roadway & Lighting will follow in the fall of 2012 followed by the start of the Coastal Highway staring from Masachapa toward Seaside Mariana Oceanfront Community.
Jack Nicklaus Signature Golf Course
For the golf course, the specifications, final contouring, staking, excavation and grading are complete. The final staking & clearing, excavation, grading, irrigation system commence at the end of 2012. The golf infrastructure, final shaping & grading will commence at beginning of 2013 with the landscaping grow in schedule for the second and third quarter of 2013 and the course is scheduled to open in the fourth quarter 2013.
Experience the New Nicaragua
Grupo Mariana believes in delivering the best of the best to the owners and investors—and doing so in a timely fashion. Seaside Mariana is moving forward with precision and velocity. Rigorous follow through and attention to detail ensures a successful future for Seaside Mariana, its investors and property owners. Our master plan has been crafted to realize the vision of a beautiful, thriving community as soon as is practically possible.
Seaside Mariana Oceanfront Community is fortunate to occupy one of the best beaches in the country, yet is only an hour away from the capital of Managua and the international airport.
We invite you to have a look. You’ll love what you see. Please consider joining us for our Discovery Event being held October 26-30, 2011.
Click here for all the details.
Posted by Kevin Fleming on Mon, Jun 27, 2011 @ 09:23 AM
Seaside Mariana Oceanfront Community recently received approval to become a Signature Certified Member of Audubon International. Audubon International is a nonprofit environmental education organization that fosters more sustainable communities. Audubon International provides the education and assistance needed in order to facilitate the practice of responsible management of water, land, wildlife and other natural resources.
According to Audubon International, “We envision a world where people from all walks of life demonstrate commitment to responsible stewardship of our environment. We look forward to global and local landscapes that sustain biological diversity, as well as the intricate ecosystem relationships essential to sustain this diversity. Central to this environmental vision are thriving human communities rooted in ecological integrity, economic security, and social and cultural integration.”
Audubon International is proud to foster more sustainable land development through the Audubon Signature Program, which was launched fifteen years ago. The Audubon Signature Program is a third-party education and certification program. Through this groundbreaking program, tens of thousands of acres of habitat have been created and protected, millions of gallons of water have been conserved, and thousands of threatened and endangered species have been helped.
In 1993 The Audubon Signature Program was launched as a way to provide assistance and advice for more sustainable land development. Through the program, countless people have been educated on what it takes to design, build, and manage ecologically rich, economically sound, and socially responsible human developments. Audubon International staff assists the development team through the design, construction, and long-term management of projects. Currently, there are 87 places around the world that have earned the designation of Certification Audubon Signature Sanctuary, comprising an impressive 100,000 acres of land. Seaside Mariana is proud to be a part of this worthy endeavor.
The Audubon Signature Program consists of three levels: Bronze, Silver and Gold. Gold members make use of Audubon Environmental, Inc., whereby they are hand-selected by Audubon International. Vetting consultants are available to assist projects in earning Bronze, Silver, or Gold Signature certification. Seaside Mariana Spa & Golf Resort is taking the appropriate steps and is firmly on track to earn Gold Certification.
Some of the important areas identified by Audubon International are Biological Diversity, Sustainable Resource Management, Habitat Sensitivity, Greenspace and Corridors Management, Building Design and Energy Efficiency and Renewable Energy Sources. Audubon conducts site specific assessments to ensure programs are meeting the criteria that has been set forth.
Biological Diversity is defined as the diversity of life that is key to the ultimate health and survival of human as a species and the environment as a whole. In order to preserve biological diversity, the conservation of natural resources is imperative.
Sustainable Resource Management seeks to ensure that our actions in the present enhance rather than diminish the quality of life for future generations. The core concept of sustainable resource management is the conservation of natural resources and the healthy functioning of ecosystems, which sustain life on the planet. Principles include striving to use resources that are most easily renewed and striving to eliminate or reduce the use of resources that are difficult or impossible to renew. It also involves identifying new resources and technologies that enhance our current resource base in ways that conserve wildlife species, water and the ecosystem as a whole.
Habitat Sensitivity entails providing attention and care to the wildlife habitats in the region under consideration. Habitat sensitivity includes not disturbing wildlife populations or degrading their food sources or water sources. It also involves ensuring no threat to wildlife through increased air or water pollution and the maintenance of corridors and green spaces that allow for movement of animals in their natural habitat areas.
Green space and Corridor Management is identifying and preserving the green and natural spaces that allow for the free movement of wildlife in and through an area. Green space and corridor management is the preservation of urban parks, forested zones, native grassland areas and rivers and streams that are crucial to sustainability. It also includes providing access to designated green spaces for educational and recreational purposes.
Building Design is another important aspect of sustainability. Proper building design takes into consideration all areas of construction and building such as, incorporation of energy efficient designs, appliances, lighting, heating and cooling, ventilation, building materials and water use. It also involves using building materials that will not become hazardous waste or impossible to dispose of as well as using native and naturalized plants when possible.
Energy Efficiency and Renewable Energy Sources includes minimizing energy consumption through conservation and use of energy efficient technologies. The emphasis is on the declining use and eventual elimination of fossil fuels like oil, coal and nuclear power and emphasizing the use of cleaner burning non-fossil fuel alternatives. Focusing on the use of solar power, wind power and geothermal power, wave and tide generated power and hydroelectric power is essential.
Seaside Mariana is proud to be a part of the effort to conserve biological diversity, sustainable resources, habitat sensitivity, green space and corridors and to promote energy efficiency and renewable energy sources. Seaside Mariana plans to identify the geographic and topographic features that are unique to Grupo Mariana communities in order to preserve the ecological and biological resources found within. Seaside Mariana also plans to identify areas of archeological, historic or cultural significance within their developments in order to preserve and protect them.
Posted by Kevin Fleming on Thu, Feb 24, 2011 @ 01:05 PM
The signs are more promising than ever that the economic tide is beginning to turn, and more people are looking for and taking advantage of the promising opportunities in the market. The very warm reception given the recent offering of beachfront condos and Laya Boutique bungalows in the Mariana del Norte neighborhood of Seaside Mariana certainly indicates a positive trend here in Nicaragua.
In roughly 24 hours, most of the 16 available Mariana del Norte Beachfront Condos in Edificio Uno (Building I) and 3 Laya Hotel Bungalows were wrapped up by individuals looking for a tropical lifestyle and lucrative investment.
As a result, only a few select Beachfront Condos remain, including just 1 studio (still under $100,000 USD) and 1 single two-bedroom penthouse with soaring 20-foot ceilings and 2 Laya Hotel Bungalows are still available for $129,800 USD.
CONDOS, BUNGALOWS STILL AWAIT NEW OWNERS
Keep in mind these are fully furnished condominiums available in studio, one- and two-bedroom units, ranging in size from 484 to 1,160 square feet. The condos each have a large balcony facing the ocean and are set in two four-story buildings just steps from the beach. Each building also has a private pool for its residents.
The eco-conscious, thatch-roofed beachfront bungalows, stretched along the beach and the Jack Nicklaus Signature Golf Course, are completely furnished and feature a water-themed décor. The bungalows will be adjacent to the Laya Boutique Hotel, which is designed to offer visitors an “off the beaten path” destination with a beachfront pool, spa services and palapa-style restaurant.
PLEASE ACT QUICKLY SINCE THE SELECTION IS LIMITED
The world is quickly discovering that Nicaragua is an emerging, exciting place that combines natural beauty, friendly people, economic growth, political stability and a wonderful quality of life. International Living Magazine, a leading source on great places to live, puts it directly:
"The Pacific Coast of Nicaragua is one of the most dramatic, stunning and awesome stretches on earth...We believe this 40-mile stretch of coastline is primed to explode onto the world stage... and that if history is any guide, real estate prices could skyrocket."
Nicaragua ranked as the World's #1 Affordable Retirement Haven for 2011 by U.S. News & World Report: "Nicaragua is more attractive than ever...Here's where you should be looking to realize the adventure-filled retirement of your dreams"
Quite simply, the time to act is now if you’re seeking a lucrative investment opportunity, a tropical lifestyle and peaceful haven.
DON'T TAKE OUR WORD FOR IT - COME FOR A VISIT MARCH 16-20
Now you have the perfect opportunity to come and explore Nicaragua, learn about the opportunities to live and invest here, and have your questions answered by leading experts. You’ll discover how easy and secure it is to purchase real estate here, and how to both enjoy and capitalize on your investment. You’ll also meet people who already have invested in Nicaragua.
The atmosphere is relaxed and fun, and you’ll leave with an appreciation for the natural beauty, culture, history and charm of this place we call the New Nicaragua.
We’ll be happy to tell you more and help you find your place in the sun. Click here to learn more.
Posted by Kevin Fleming on Tue, Jan 11, 2011 @ 08:31 AM
Seaside Mariana Oceanfront Community in Nicaragua Announces Launch of Laya Boutique Hotel & Bungalows
STAKE YOUR CLAIM IN CENTRAL AMERICA'S "NEW FRONTIER"
Grupo Mariana, an established leader in Real Estate Development on Nicaragua’s blossoming Pacific Coast, has announced the establishment of a new hospitality component under the Grupo Mariana Brand umbrella.
Laya Boutique Hotel and Bungalows is a completely unique hospitality offering in the country of Nicaragua. A relaxed, eco-conscious hideaway for those looking for a private beachfront experience, Laya offers 14 beachfront bungalows stretched along the Pacific Ocean and Seaside Mariana’s Jack Nicklaus Signature Golf course. With thatched roofs and expansive ocean views, Laya’s Bungalows feature unique appointments and water-themed décor, wrapped in relaxed, beachfront style.
Laya, which means “liquid” in Nicaragua’s native Miskito language, offers travelers and couples a private, “off the beaten path” spa destination to enjoy an authentic oceanfront experience dedicated to achieving peace and tranquility. Private massage and bodywork services are available from Grupo Mariana’s Plumeria Spa to help visitors unwind. A beachfront pool and palapa-style restaurant offer refreshments and daily meals.
Laya’s first location is within the Mariana del Norte neighborhood of the Seaside Mariana Community. A second location is also planned on Nicaragua’s Pacific Coast and will be announced in the near future.
Laya Boutique Hotel and Bungalows is fully funded and construction will begin in February of 2011, with completion, including food service in December of 2011. The Bungalows at Laya are currently available for sale for interested investors.
5% of sales at Laya will be donated to the 5% For Futures Fund governed by Fundación Grupo Mariana and will be reinvested in infrastructure improvements in the neighboring town of Masachapa. The goal of the 5% for Futures Program is to help drive the economic growth and sustainability of the greater Mariana Region, creating an attractive area for the sustained growth of tourism activities.
Posted by Kevin Fleming on Sat, Jan 08, 2011 @ 07:33 AM
Construction Begins at Seaside Mariana Oceanfront Community in Nicaragua
MARIANA REGION IN NICARAGUA ATTRACTS CONTINUED INTEREST AND GLOBAL INVESTMENT DESPITE CHALLENGING ECONOMY
The ocean always has been a source of life, and it now is giving life to a new and unique place that derives its existence from the melding of sand and water where the Pacific Ocean kisses the shore of Nicaragua. Years of careful planning are now giving way to creation as construction begins on Seaside Mariana, a 923-acre community with over a mile of pristine beach.
Seaside Mariana is an evolving vision centered around six neighborhoods to produce an unparalleled resort lifestyle. Each neighborhood features a variety of residential options to meet individual needs and provide outstanding investment opportunities. Adding to the sense of community are a collection of amenities that include a Jack Nicklaus Signature Golf Course, Wyndham Mariana Resort, world-class spa, restaurants and shops that reflect the distinctive culture of Nicaragua.
CONSTRUCTION BEGINS AT SEASIDE MARIANA
The master plan for Seaside Mariana now is ready to take shape, with construction scheduled to start very soon. As the building process begins, the wonderful opportunities to invest, live, retire or just decompress here become reality. And it's a reality that's both affordable and lucrative. The team at Grupo Mariana, the Nicaragua-based organization developing Seaside Mariana, is ready and able to explore with you the options and financing available, and help you learn how simple and secure it is to purchase and own property in Nicaragua.
Posted by Kevin Fleming on Mon, Jan 03, 2011 @ 06:31 AM
New Vision for Nicaragua's Seaside Mariana Reflects Changing Market Conditions and Consumer Demand
SEASIDE MARIANA OCEANFRONT COMMUNITY IN NICARAGUA DEDICATED TO GIVING BACK 5% - 25% OF SALES TO SUPPORT ECONOMIC GROWTH OF SURROUNDING PACIFIC COAST REGION.
After four years of planning, the ground breaking Seaside Mariana community is moving forward under an evolving vision that recognizes the profound changes in the world’s real estate markets and also the changing interests of individuals seeking an international lifestyle. Seaside Mariana now is planned around six individual neighborhoods set on 923 acres with over one mile of pristine Pacific Ocean beach.
OCEANFRONT LIVING & VACATION PACKAGES
Grupo Mariana, the Nicaragua-based organization developing Seaside Mariana, has effectively revamped its strategy to reposition its real estate products, hospitality offerings and community alliances in order to meet and serve the needs and desires of investors and travelers. “We have carefully watched the market situation and listened to what’s being said,” says Kevin Fleming, chairman of Grupo Mariana. “As a result, we have carefully rethought and reconfigured our master plan to reflect market realities and the shifting interests of consumers.”
The master plan for Seaside Mariana integrates a broader selection of residential options to widen the overall appeal. The community now includes low-rise beachfront condominiums, town homes and private bungalows in addition to the individual golf course home sites and golf villas featured in the original plan. Still an integral part of Seaside Mariana is a Jack Nicklaus Signature Golf Course, El Madroño, and Plumeria, a spa and health club.
Future plans for growth of the Seaside Mariana community also include a recently announced franchise agreement with Wyndham Hotels and Resorts, LLC, a subsidiary of Wyndham Worldwide Corporation (NYSE: WYN), to flag the development and operation of the 330-room Wyndham Mariana Resort & Casino within the community’s town center. Situated on 6 beachfront acres, the project will feature an oceanfront Wyndham® hotel, casino, condominiums, casitas and golf villas.
TRULY AFFORDABLE REAL ESTATE OPPORTUNITIES
One new component, Laya Boutique Hotel and Bungalows, is an eco-conscious offering with 14 beachfront bungalows, with construction slated to begin in the first quarter of 2011.
Pricing is another area that Grupo Mariana has seriously examined in order to reflect the current market. As a result, prices for condos in three low-rise buildings in the first phase of the Mariana del Norte neighborhood are set between $99,000 and $260,000.
5% FOR FUTURES PROGRAM
“Another aspect we are very proud of is our commitment to reinvest five percent of each real estate transaction at Seaside Mariana back into the economic development of the surrounding area,” Fleming says of Grupo Mariana’s 5% for Futures Program. “It’s a win-win to help drive economic growth and sustainability, which enhances the lives of local citizens and makes the entire area more attractive to investors and visitors.”
According to Fleming, Nicaragua continues to gain recognition for its emerging economy, political stability and attractiveness to visitors, with tourism increasing over 300 percent over the last decade. International investment also continues to rise. These factors have enhanced the country’s status among investors and travelers.
Posted by Kevin Fleming on Thu, Dec 16, 2010 @ 08:30 PM
NEW VISION BLOSSOMS AT NICARAGUA'S GRUPO MARIANA
One of the realizations that came from the economic issues of recent months is the recognition of just how connected we all are, that “global” is indeed a term that encompasses the world’s economies and all of its citizens. We all are part of one interconnected, interdependent community.
Based on that awareness and in reaction to developments in the markets, we found our vision evolving at Grupo Mariana. The cornerstone of Grupo Mariana’s vision remains investing in Nicaragua’s rich natural assets to provide investment opportunities, but also having a positive and meaningful impact on local communities. This vision has shifted our core business activities to incorporate social reinvestment as a fundamental component of our mission.
MORE THAN RESORT PROPERTY
While Grupo Mariana’s focus in the past primarily was the development of resort property for sale, the focus has since evolved to encompass the creation of communities in the largest sense of the word. By this we mean that Grupo Mariana will continue its individual development activities, such as at Seaside Mariana, but with the grander objective of incorporating the building of the community into the economy and life of the surrounding areas and their citizens. We will be a part of the overall community rather than a freestanding presence separated from the world around us.
We have laid the groundwork to achieve these business and philanthropic initiatives primarily through the establishment of the “5% For Futures” program that is governed by Fundación Grupo Mariana. The goal of this program is to help drive the economic growth and sustainability of the region, thus helping create an attractive area that will foster the sustained growth of tourism activities and economic activity while offering investors attractive lifestyle choices and return on investment.
This means that Seaside Mariana, for example, is moving forward as a resort community with a revised master plan now centered on six individual neighborhoods that offer low-rise condominiums, town homes and private bungalows, home sites and golf villas. The addition of a Wyndham Nicaragua Resort and the new Laya Boutique Hotel further broaden the appeal. And, of course, there is the beautiful beach, spa and fitness club, and Jack Nicklaus Signature golf course. Underlying all of this is a new spirit of community that makes Seaside Mariana the ideal place in Nicaragua to vacation, invest or experience international living.
With this new blog, we plan to keep you abreast of developments at Grupo Mariana as well as introducing you to the beauty, culture and stability of Nicaragua that make it one of the world’s best places to live and invest. You’ll also learn about the outstanding opportunities awaiting investors with vision.