Golf Lots In Nicaragua

Own On A Golf Course On The Ocean For US$20,000

June 21, 2009
Gran Pacifica, Nicaragua

PLUS: The World's Most User-Friendly Place To Establish Residency (And Live Tax-free, Even As An American)...Asia's Most Foreign Resident-Friendly Jurisdiction...Cheeky In Ireland--Recession-Busting On The Emerald Isle...

AND: The Good Life On Spain's Other Costa...

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Dear Overseas Opportunity Letter Reader,

There aren't many places in the world where you could buy a lot on a golf course...that's on the ocean...for less than US$40,000. But, right now, this week, through close of business June 30, you have the chance to do just that.

This is the kind of recession-busting offer I've been encouraging you to be on the lookout for.

Specifically, a limited number of quarter-acre golf lots have been reduced in price to US$39,000 through the end of this month (Monday, June 30). The price will revert to US$69,900 on July 1.

Furthermore, these lots can be financed. You can buy with only 50% down (that's US$19,500).

Plus, as part of this very limited-time chance, the developer will cover your closing costs.

These lots overlook a brand-new (ready for play by the end of this year) golf course...which overlooks the sparkling Pacific Ocean.

They're part of the premier private and fully master-planned residential community development in all Nicaragua, Gran Pacifica.

I've watched the evolution of Gran Pacifica over the past eight years. While others have promised clubhouses, underground infrastructure, and golf courses...Gran Pacifica has pushed steadily ahead to deliver all those things and much more.

What's being developed here on Nicaragua's Pacific coast about an hour outside Managua (and the international airport) is impressive and unparallel. As is the fact that the developers behind Gran Pacifica have continued to invest in infrastructure and construction despite both the current worldwide market woes and the Ortega Factor.

Daniel Ortega's re-election as president in 2006, frankly, brought this country's real estate market to its knees. Over the preceding decade, Nicaraguan beachfront property had increased in value 10-fold in some cases. Suddenly, overnight, buyers disappeared.

Three years later, still, buyers are thin on the ground, and prices are down and soft.

Couple this with the global recession, and you understand why you are being presented this week with the opportunity to buy a quarter-acre of land on a golf course on the ocean in a fully master-planned gated community in this country for US$39,000.

Can I promise you these lots will appreciate in value? In fact, yes. As of July 1, the developer will be selling these same lots for US$69,900. I can't guarantee you that you'll find a buyer at that price, of course, but, for my money, the investor risk in this case is about as mitigated as it gets.

Nicaragua is a market I believe in long-term. Ortega has depressed it artificially. Two-and-a-half more years, and he'll be out of office.

Meantime, the developers at Gran Pacifica will continue doing what they do--building, expanding, improving, adding amenities, and, to the point for our discussion here, completing the golf course. I say this with confidence because I've known and worked with these guys for more than a dozen years.

If you're looking for a low cost-of-entry property investment with upside, this is it.

If you've got US$20,000 to place right now, this is the place to look.

Lots are being reserved on a first-come, first-reserved basis. The date and time stamp of your e-mail establish your position in the queue.

Get in touch here now to take your position.

Kathleen Peddicord

P.S. What else this week?

• The world's most user-friendly place to establish residency. Qualify as a QRP (Qualified Retired Person) in Belize as young as 45 and with as little as US$2,000 a month in "retirement" income. Take up residence in this white sand-fringed Caribbean paradise and live tax-free...even if you're an American...
   
• Here's another overseas haven where it's surprisingly easy to take up full-time residency and reap the benefits. Unlike most other countries of Southeast Asia, Malaysia actively encourages foreign residents to relocate here full-time...
   
• Where could you afford to enjoy the best of Old World living on the Continent with all the support, services, and amenities of Northern Europe? On Spain's Costa Tropical, the other Spanish costa, a world apart from the tourist-scene over on the Costa del Sol. Correspondent Lucy Culpepper files her full Retirement Report in this month's issue of the Overseas Retirement Letter, out this week, detailing everything you'd need to know to launch a new life in the highly affordable Spanish coastal town of Almuñécar. Lucy's report features a full monthly budget, including costs for housing, medical care, health insurance, utilities, your monthly grocery spend, and entertainment, as well as a wealth of additional information, research, and other online material, all accessible via links throughout the article. If you're a subscriber, your issue arrived in your e-mailbox this week. If you're not, become one here now.
   
• "Everything you've read about the state of the Irish property market is true," writes Overseas Retirement Letter Editor-in-Chief Lynn Mulvihill from her native Waterford.
  
  "But it's maybe only half the story.
  
  "This market has been turned on its heels. Consider the property my husband and I went to view last week, a traditional Irish cottage oozing charm. Last year, the house came on the market at 350,000 euro. Asking price today is 250,000 euro. But right now, our agent reports, the owners are seriously considering an offer of 170,000 euro..."