About This Property
This expansive 36.75 acre property sits as the entire backdrop overlooking the growing surf town of Playa Gigante. The property encompasses a large hilltop and slopes gently towards the coast, maximizing the dramatic ocean views of the Pacific as well as the sweeping views to south overlooking Costa Rica, the headland of El Pie del Gigante (Giant's Foot) below and the hillsides of Rancho Santana to the north.
Featuring multiple ridge lines, there is plenty of opportunity for both residential and commercial development. There is quick access to town at Playa Gigante, where you will find plenty of restaurants, stores and a vibrant community of locals and foreigners. The property also borders the Costanera Highway (coastal highway) that is currently under construction. This new paved highway will run along the southern Nicaraguan coastline from the border of Costa Rica to the beaches outside of Managua. Also, the property is only 10 minutes from the international airport (Costa Esmeralda International - ECI) and is bookended by a number of high-end developments including Guacalito de la Isla, Redonda Bay, Hacienda Iguana and Rancho Santana.
The development opportunities for this land are endless - hotel, hilltop bar, restaurant, surf camp, residential subdivision or a combination of these and the list goes on. At under $6,300 per acre, this is a very strong-value investment opportunity along the Emerald Coast of Nicaragua.
Community Information
Playa Gigante is a charming village nestled on a protected bay and is full of authentic culture. Both locals and foreigners live in town and operate a variety of businesses, most of which cater towards tourism of course. You'll find small hostels, hotels, surf camps, restaurants and bars scattered along the beach and you'll always be able to find somewhere serving up the fresh fish catch of the day!
HUGE price improvement from $299,000! Developer's dream with multiple use possibilities, a beautiful beach and close to a growing tourist town.
Property Details
- Mixed-use possibilities
- Sweeping ocean views
- Multiple ridges/hills
- Growing tourist area
- Borders coastal highway
Interior Details
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Appliances
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Directions
