31/07/2015
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Carlos Hernández García,
President and CEO, Pellas Development Group.
Welcome to the fourth edition of Tres Ceibas, your source of news about Guacalito de la Isla.
I am excited to share the many tangible signs of progress at our project—all being accomplished under Pellas Development Group’s impeccable standards of quality. Mukul Beach, Golf & Spa opened with a beautiful ceremony and has received impressive international media coverage, including articles and reviews in first class tourism specialized magazines. Our David McLay Kidd signature golf course has been inaugurated and is open for members and Mukul guests on a daily basis. Construction is over 50% complete on the Verdemar Ocean View Villas, our first turnkey real estate product with completion expected in August of this year, and the initial response to our Las Terrazas residences has been overwhelming with all 24 units released going under contract in 12 weeks.
There are noteworthy developments taking place around the property as well. The last stretch of road is being paved to provide easy access right up to the gates of Guacalito de la Isla and the surrounding beaches of Emerald Coast. Tourist arrivals in Nicaragua continue to increase at a double-digit pace. As word gets out about the charms of this marvelous country, major companies are announcing substantial local investments that should continue to stimulate robust tourism growth in the near future.
These developments carry important implications when considering real estate investment in Guacalito de la Isla. Historical trends indicate that when infrastructure upgrades, such as a new road, facilitate access to a region, this leads to increases in property prices as more and more people find it convenient to visit the place, discover what it offers, and decide to purchase. Other factors also point in the direction of price appreciation. This tends to happen when a project attains certain milestones, such as the opening of Mukul Beach, Golf, & Spa, which will introduce a completely new global traveler to the wonders and beauty of Nicaragua, some of which will fall in love with the people and place, and purchase a home to call their own at this amazing new destination.
As a result, we can say that a number of critical factors that signal increases in property prices are certain to occur in and around Guacalito de la Isla within the coming months. As the first visionary investors in the project can attest to, getting in before these types of events take place can be very rewarding. The home sites of La Reserva have sold extremely well, with only 6 lots remaining and the Verdemar Villas project is now sold-out. This indicates that, with an eye to securing the best return on investment, there has never been a better or more exciting time to consider acquiring property at our development.
I invite you to visit Guacalito de la Isla as soon as possible to discover for yourself the amazing lifestyle and opportunities now available, starting with the release of 12 additional units in our Las Terrazas residences designed by Fab Studio with interiors by Seifert Murphy, with luxurious ocean view apartments starting at $475,000.
Yours Sincerely,
Carlos Hernández García,
President and CEO, Pellas Development Group
