Gran Pacifica Offers 50 Percent Off Lots for a Value-Packed Nicaragua Real Estate Deal

October 05, 2011 (PRLEAP.COM) Business News
Gran Pacifica, a beach and golf resort in Nicaragua, is running a special: 50% off the list prices on the website for any lot sold in the next few weeks. Lots formerly priced from $39,900 to $310,000 are now available for just $20K to $165K.

"For buyers ready to purchase real estate in Nicaragua, this is an excellent opportunity to own luxurious property along the Pacific Coast at a phenomenal price. The lots can be purchased in bulk or one at a time. We recently sold three lots to one buyer and they got an additional discount," said Kent Payne, Gran Pacifica's Vice President of Sales.

Interested buyers can choose from any unsold lot (not marked with an "X" or and "R") in Casita Village or San Diego Viejo. Phase I Village, Casita Village, ocean view, premium, and golf lots are all included. There are about 30 lots left in Phase I (San Diego Viejo) at 50% off and about 15 in the Casita Village for 50% (starting at $19, 500). The San Diego Viejo lots have room for garages and swimming pools (1200 sq. ft. to almost 6000 sq. ft.) and the casitas are moderate in size and price (800 sq. ft to 1900 sq. ft.)

The price list for San Diego Viejo is available online and includes information on property owners' fees.

Buyers who act now will receive:

  • Large discounts of 50% off the lot list, unchanged since 2008
  • Closing costs estimated, and up to 4% paid by the developer
  • 20% of the lot value down, and no interest for two years OR
  • 20% of the lot value down, and local bank interest for ten years

  • Supplies are limited, but the premiums have come off in response to the reality of the real estate market.  This has given investors the opportunity to own a fully serviced oceanfront property in an active, existing community today for less than $100,000, making it one of the best values on the market.

    Gran Pacifica maintains American building and development standards with a fee simple title to over 3 miles of beach and 2500 acres along with a title insurance policy from First American. There are about 100 homes, casitas, and condos either completed or under construction.

    The property's infrastructure, includes storm drains, street lights, potable water, fiber-optics to each lot, cobblestone streets, brick sidewalks, and cable TV are in place. Activities within the community include swimming, beachcombing, horseback riding, golf, surfing, socializing, and the concierge offers rentals, tours, massages and more.

    For photos and specific lot information, visit www.granpacifica.com, or call toll-free at 1-800-959-NICA. Gran Pacifica sales reps live and work on site to provide interested buyers with the most current information.

    The rates and lot availability listed in this press release are subject to change. For the latest finance information, email info@granpacifica.com or call 1-800-959-NICA

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