Recently, Luxury Travel Magazine, a magazine specializing in luxury travel recommendations, dedicated a few lines to Nicaragua, aimed at international buyers interested in investing in the second phase of development of the holiday complex, La Santa María Resort.
Luxury Travel Magazine, describes La Santa María Resort as a luxury residential complex comprised of 27 properties, located along the pristine bay of San Juan del Sur, and that in its second phase it plans to build a completely new six-story apartment building, called "La Arena."
For the Nicaraguan investor and president of The Santa Maria ResortJulio H. Argüello, Nicaragua is an ideal place to invest in a property, in addition to being one of the most affordable countries in Central America, and as an example of this, there is a great demand from international buyers from the United States and Canada interested in the investor's project.
The second phase of construction, which is currently in pre-sale, includes 18 units of approximately 1,200 square feet, with the latest in modern designs, high ceilings and covered terraces. Additionally, it will feature six new villas with sea views, landscaped gardens, private pools and more.
According to the president of the Central Bank of Nicaragua, Ovidio Reyes, as of September 2022, the growth of the country's economic activity was led by hotels and restaurants, with a growth rate of 21.9%. This takes into account the confidence that investors have in the country.
San juan del sur
It is located in a wonderful horseshoe-shaped bay bordered by two mountains, in the department of Rivas. It is a fishing port, a special and magical town, offering all kinds of hostels, comfortable hotels, lively nightlife and charms to live in peace and tranquility in the Nicaraguan Pacific. It is considered the mecca of surfing in the country.
