Panga Drops Development Opportunity
DETAIL & DESCRIPTION
This Panga Drops development opportunity is the quintessential location for avid surfers and beach lovers alike. Located on the light sands of Playa Colorado in the Hacienda Iguana Golf & Beach Club, Panga Drops is home to one of the most consistent surf breaks in all of Nicaragua.
The Panga Drops surf break is a unique, horseshoe shaped sand covered reef providing a deep water surf break with waves peeling off to the left and right, perfect for surfers of all levels and breaks on all tides, and throughout the year.
The Hacienda Iguana development is one of the most active communities in all of Coastal Nicaragua, featuring a 9-hole golf course, multiple restaurants, million-dollar beachfront homes, beachfront condominiums, golf course condominiums, and custom residential beach homes – and views for days…
Recently, the community has seen a spike in land sales, home purchases and traffic – this is due in part to the two world class surf breaks within the community: Panga Drops & Colorado. As well, in November of 2015 the Emerald Coast International airport was opened, just 2 kilometers from the entrance to Hacienda Iguana.
Nearly 4.5 acres in size and commercially zoned with over 350 feet of beach frontage, this development opportunity is ideally placed directly in front of the expansive surf break at Panga Drops. The possibilities at this one-of-a-kind property are endless – beachfront hotel, spa & restaurant, beachfront condominium complex, boutique resort…all of these options and more are possible for this property.