Gran Pacifica (3) ?

your tongue is firmly imbedded in your cheek right? I mean look at the water. That brown is runoff In April? Look at the huge gouges the water from the rains of last season left. Imagine what it will be like all paved over? I think lots of people will make lots of money on this resort but truth be told it is ugly and a disservice to the land I walked this property just before it was purchased and it was lovely with miles of windswept beaches with only foot prints in the sand.

NicaNix could you contact me about your photo captkurtlong@yahoo.com Thanks

Currently, there are 3 houses under construction and ready for roof work. There is another in excavation work and 2 more in lot layout. There are another 12 houses in final stages of design work. There are over 100 lots sold with a commitment to build within 24 months. Every lot sold has electricity, water, sewer (yes, sewer), phone, internet and cable hookups. Three phase power has been run directly from the substation. Two water wells are dug and storage and pumping facilities are being built. Three more well locations are identified and will brought on line as needed. There is sufficient water for all planned housing and the hotel. The first condo project is underway with excavation in progress.Two of the three floors in the first building are sold out. Another condo project is in planning. The first club house is set to begin construction within 1 month. Most of the roads and sidewalks for the 1st phase are completed. Street lights are in progress. Storm water drainage is in. The hotel is has a management agreement signed and in place (as is normal for most major hotel chains). The hotel is being delayed until passage of a bill in regards to financing. The delay is frustrating to all but the tax ramnifications make it worth waiting for. Gran Pacifica is not the only resort waiting for the passage of this bill. The earthwork for the first 18 holes of the golf course is underway. The plan is for 54 holes total. The project is over 2,500 acres with about 3.5 miles of beach. There is a lot more information available to those who want it. If you have any questions, let me know (yes, I work with the project)

Press Release Managua, Nicaragua March 31st, 2001 3/31/2006 6:19 PM GMT (TransWorldNews) Press Release Managua, Nicaragua March 31st, 2001

Nicaragua retirement/investment haven is for real.

North American investors, tourists and retirees are moving and visiting Nicaragua to take advantage of opportunities. Not only will you not be surprised to discover that people are not living in the jungle, but he soon joined the stream of North American and European citizens who are moving here and turning Nicaragua into the most exciting tourist destination, retirement and investment hot spot in Central America.

GROWTH SPURT The growth of tourist travel is up over 150% and still climbing in this years high season of tourist travel to Nicaragua. The largest reason is to explore Nicaragua's investment growth at an all time high. Many projects have already sold most or all of their lots in the pre-construction stage, with little more than a web page, a land title and a promise. And many investors say they came to Nicaragua for the first time to ''look around'' but wound up purchasing land. But caution of web site promises. " Do your research of the background and details of progress. Many have sold you a future dream that will never come through."

But there are some that are more than real The largest and to be THE DESTINATION STOP of Nicaragua, an hours drive from the capital of Managua is the massive Gran Pacífica development, which at $55 million is the largest investment project in Nicaragua. Gran Pacifica Resort is debt free and owns with clear title over 3.5 miles (6 km) of beach frontage on the Pacific Coast of Nicaragua, 42 miles (67 km) west of the capital city of Managua. The property includes 2,276 acres of rangeland with an average depth of 1.1 miles (1,800 m). To date over $9M have been invested in land, architectural designs, permits, civil engineering work and infrastructure. In addition to the contribution of approximately 270 acres of the land. The project, which will eventually house a five-star hotel and luxury residential community of 2,000 homes, broke ground recently on what will be a championship quality designed 18-hole golf course. Maybe a future tournament destination of a PGA GOLF TOUR ?

Tommy Haugen, President of T L Haugen Design, Inc. is president of PGA. His firm sculpted 18 holes of superb resort golf on which 4 out of 18 holes play to, on, or away from the ocean for unparalleled ocean play in the region. There will be four sets of tees (plus seniors) and dark volcanic sand bunkers throughout. Golfers will enjoy grand vistas and the golf will offer a tremendous amount of variety and excitement. Additional plans are in the works for as much as 45 total holes as part of the Gran Pacifica Master Plan including 9 more resort course holes and an additional 18 holes of championship golf.

Initially a total of 10,000 sq. ft. of public facilities associated with the course will be built including a pro shop, restaurant, locker rooms, pool and grill/pub. An exceptional practice facility with actual greens that can play as a short course and serve as the centerpiece of a state of the art Learning Center will be added once the demand exists.

MISSED OUT EARLIER Terry and Angelica Martin, of Newport Beach, Calif., recently bought a lot at Gran Pacífica, saying they had missed a window of opportunity in Costa Rica 15 years ago. Costa Rica has since become a stable and prized retirement and investment site, although prices there have risen in recent years.

Their new friends and future neighbors at Gran Pacífica, Kent and Denise Payne from Oklahoma City, bought a lot on their fourth day in the country. They started construction on Jan. 13.

''It's cheaper for us to build here than . . . Oklahoma,'' said Kent Payne. ''And this isn't Oklahoma; this is paradise,'' added his wife, while taking in the sun on the beach.

CANADA SUPPORTS NICARAGUA GROWTH Development International Desjardins, one of Canada's biggest financial institutions (with more than 90 billion dollars in assets), decided to invest in Central America for the first time and became business partner with the Nicaraguan micro financial institution Findesa, together with Holland's Hivos Triodos Fonds Bank and Interamerican Development Bank (IDB). Findesa received 1.5 million dollars from the three financial institutions. These funds will help diversify Finesse's loans which represent more than 250 million Cordoba (U$ 16 million dollars approx.).

SAFEST CITY Rougher edges doesn't necessarily mean dangerous. One of the biggest misconceptions about Nicaragua is that it is unsafe. Statistically it's one of the safest countries in Latin America, with a lower homicide rate than neighboring Costa Rica or El Salvador or Honduras. Managua ranks as the safest capital city in Latin America, with 2.3 intentional homicides for every 100,000 people, according to statistics collected by INCAE, Harvard's Business School affiliate in Central America.

While Nicaragua still doesn't have the name recognition of Costa Rica among retirees and investors, some who come to visit are discovering that this is what they had in mind.

For more information about Nicaragua and Gran Pacifica real estate visit the website of Rica Nica Nicaragua Real Estate ( Http://www.stealthfinancial.com )and we have made association with some new young professionals that have the talent, the knowledge and the will to make Rica Nica Nicaragua Real Estate Services and 'International Tourism Discovery Ltd. your Nicaraguan connection for travel and Tourism and world wide.

Barry Dufresne E-Mail: president@stealthfinancial.com

My first thought was that it looks kind of barren. Did they just go through and bulldoze the entire area? It looks like it. Although I suppose that with how things grow in Nicaragua it won't take too long to green it up again.

Any idea on what are they asking for these lots?

Miskito Alan &#174

I don't see the golf course or the hotel or any of that stuff shown on map.

Is this a "padredealyson" Nicaraguan development? Buy It Quick!

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The way the article on Gran Pacifica and the website portrays this project, I would have expected a bit more.?

I have a window open on this picture, the lot map, and also on http://www.granpacifica.com/homes_updates.htm

Kind of funny

It matchs this siteplan of the community, looks like its Gran pacifica

http://www.granpacifica.com/lot_map.htm