Nicaragua revives Costanera highway project

Article Source: BNAmericas

Photo Source: La Prensa Nicaragua

By Angeles Rodriguez – Wednesday, January 25, 2017

The Nicaraguan government will launch construction of the Costañera del Pacífico highway in the next few weeks to boost the country’s tourism sector, vice president and first lady Rosario Murillo told reporters.

La Costañera Carretera Nicaragua

The 131km highway will stretch from the northern to the southern border of the country, helping connect main tourist areas located along Nicaragua’s Pacific coast, such as the beach resorts of San Juan del Sur, El Naranjo, Ostional, El Coco, La Flor, Marsella, Las Maderas, Majagual, Guacalito de la Isla, El Gigante, Tupilapa, Huehuete, Casares, La Boquita and Masachapa.

All the details regarding investments and providers, as well as the duration of the project, will be disclosed soon by President Daniel Ortega, local press reported.

“We will begin to work on the first stretch of the highway within the next few weeks,” Murillo said. “This project will help us attract investment, create more jobs, and improve the wellbeing of Nicaraguan families.”

LONG-DELAYED PROJECT

The project to build a highway along Nicaragua’s Pacific coast dates back to the administration of former president Enrique Bolaños in the early 2000s, according to local daily El Nuevo Diario.

During its first term, the Ortega administration was planning to award a 20-year concession to build and operate the highway to an Italian consortium. At the time, the estimated investment for the project was US$200mn, according to the paper.

Back in October, after congress approved a law to regulate public-private partnership contracts, the government presented a list of projects worth US$5.2bn that it said would be prioritized for investment, including the Costanera highway.

The list is part of a 2017-2021 investment and development program, which the government presented to local and international investors, foreign governments, and financial institutions.

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April 24th, 2015

Coastal & Colonial Properties
Servicing the Pacific Coast of Nicaragua as well as Granada, Mombacho & Laguna de Apoyo


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Offices in San Juan del Sur & Granada have some exciting news!

Buying and selling property in the hottest foreign investment markets in Nicaragua just got easier due the merging of RE/MAX Colonial Properties in Granada, and RE/MAX Coastal Properties in San Juan del Sur. Both buyers and sellers will benefit from the coordinated and consistent delivery of a myriad of comprehensive real estate services which are implemented in adherence to American business ethics. From the historic colonial structures of Central Americas oldest city, to volcanic lagoons, large fresh water lakes and the spectacular Pacific coast of this stunning country, the professionals at RE/MAX ensure that all transactions are efficient, precise and meet the clients’ needs, whether buying, selling or a renting. Our team of professionals in Granada and San Juan del Sur will make sure that buyers see all of the desireable properties that meet their criteria, no matter what part of the country it may be in. And sellers will continue to enjoy the benefits of their properties being advertised on the largest global real estate website in the world, as well as our Nicaragua websites that specialize in the most vibrant markets that are currently attracting worlwide attention for real estate investment.

 

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Coastal Properties

 

Walk to the Surf @ Maderas!

This 1/4 acre lot is perfectly situated on the southern hills that separate Playa Marsella from Playa Maderas. A surfer’s dream, lot F2 at Marsella Beach Resort is unique as its one of the last lots with incredible views within a short stroll from Maderas.

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Remanso Fixer-Upper

Plunge into the surf only meters from your door, this Remanso beach house represents a wonderful opportunity for the creative types. Less than 200 meters to the soft sands and gentle surf of Remanso beach, this coastal treasure is ready to be transformed.

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Penthouse Surf Condo

Attention all surfers!! This 4 bedroom, 3 bathroom penthouse condo just off the sands of Iguana Beach, home to the world reknown surf breaks of Colorado & Pangas Drops, is a must-see for any real estate investor, second home and vacation home shopper and avid surfers alike!

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Hacienda in the Clouds

This stunning 9 Bedroom Hacienda is located on a large organic farm, approximately 2 miles from the ocean, and the historic Port town of San Juan Del Sur. Sitting at an altitude of over 1,000 feet above sea level, it offers a much cooler climate than the lowlands below…

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Colonial Properties

 

Casa Mediterranea

One of our best deals! This is the perfect home to finish! The owner installed a new roof and rehabbed the main living room. The kitchen needs cabinets. Casa Mediterranea has a nice, long sitting area facing a 15 meter long (nearly 50 feet) swimming pool, and…

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Casa La Libertad

This is a very unique colonial home in a great location just 2 blocks away from Central Park, with awesome views of Mombacho from the second story, as well as views of the Granada churches and the rooftops of Colonial homes. Casa La Libertad is a must-see when checking out real estate options in Granada!

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Granada Hostel for Sale

The OK Corral is a hostel only 4 blocks from the Central Park, an easy walking distance from all the amenities of downtown Colonial Granada. The OK Corral boasts a total of 5 apartments, each apartment having air conditioning, ceiling fans, and each fully furnished with fully equipped kitchens a single bathroom and WIFI.

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Volcano, Lake & City Views!

The convenience of Granada with the views that you’ve been looking for! Introducing a new neighborhood, Balcones de Granada, sitting bwtween Granada & the Laguna de Apoyo, less than a 10 minute drive from each. Enjoy the gentle breezes while taking in views of Mombacho, Lake Nicaragua, the islands off of Granada (Las Isletsas) & the Cathedrals of Granada in the distance!

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Click here or send an email to info@nicaraguaproperty.com and let us know the details of your Colonial, Mombacho or Laguna de Apoyo property for sale

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Nicaragua in the News

 

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