By Ronan McMahon
The best play right now in Arenal, Costa Rica is to take something unloved, but with potential, and to add value through clever thinking, a few bucks, or some elbow grease, to create a new use for an underappreciated property.
That’s the sort of opportunity I got word of when I was in Costa Rica a few weeks ago—a guesthouse that could be a nice little earner for an investor with time to spend on a project.
I told you yesterday about the Path of Progress that’s steadily rolling along Nicaragua’s southern Pacific coast. More people are coming here to live or for vacation, and a regional middle class is emerging. Property prices are on the up. And today I’m telling you about a great members-only deal I’ve found in Rancho Santana that just can’t wait. It’s a steal.
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Yesterday I told you how you can put boots on the ground in Northern Nicaragua and take advantage of this stunning and misunderstood location. And while researching and planning my own scouting trip to Northern Nicaragua early next year, I came across one standout opportunity that I wanted to tell you about.
I’ve just got word from Nicaragua contact Jordan Clark about a special hot-off-the-presses opportunity right in the heart of my favorite locale in Northern Nicaragua.
Tourism is a big deal for Nicaragua and a big part of their development initiative. Northern Nicaragua has it all. And right now one member can snap up a deal on 18 acres above one of the finest stretches of coast here.
I told you earlier this year that Nicaragua is on the up. In northern Nicaragua, we have frontier land-banking opportunities. Down south we can buy awesome Pacific views for a fraction of what you’d pay across the border in Costa Rica. And right now one member can snap up a great-value, ocean-view lot along Nicaragua’s Pacific coast.
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Tao is a best-in-class community with a rental market that is set to grow. Demand far exceeds supply. As I explained yesterday, this stretch of beach shows a chronic shortage of rentals right through the year. If an inexpensive condo, with strong rental potential, is what you are looking for then I have just the thing for two members.
I’ve just got word about another opportunity on a different lot. (I’ll have boots on the ground here next week scouting opportunities forReal Estate Trend Alert members.) One RETA member can lock down this lot for $55,000.