San Juan del Sur Road Improvement
August 14th, 2008Great news on the horizon for the city of San Juan del Sur, Nicaragua and the surf beaches north of it. The mayor has announced plans to pave the “Chocalata highway” going north from the new municipal offices all the way to the Talanguera. The “Chocalata” is a road that hugs the back of San Juan del Sur and connects downtown San Juan del Sur with its residential side, across the estuary to the north. The “Chocolata” is also the only road that connects San Juan del Sur with the beaches north: Marsella , Maderas, Los Playones, Majagual. (for a description of these beaches visit Beautiful Beaches of San Juan del Sur, Nicaragua)
The road improvement project has already begun the first phase, which is installing proper drainage and bridges along the 1.5 kms of road that will be paved in the next 12 months.
The project has gained huge financial support from a new apartment project called “Talanguera Beachfront Apartments”. Their contribution has helped pay for more than 80% of the costs of this road improvement project.
Last month the Talanguera beachfront apartments broke ground and made significant progress on the construction of their large scale beachfront endeavor. The project is being called one of the most ambitious beachfront condo projects in Nicaragua. They will be building over 50 different condo units in 3 different styles of buildings. The premier building will be called “Estrella del Mar” or Sea Star and will have 14, 3 bedroom penthouses to choose from all located just steps from the sand.
The project is located on the north end of San Juan del Sur in the residential area called “La Talanguera”. This area is characterized for its large beachfront mansions. Homes that have been traditionally owned by wealthy Nicaraguans. These beachfront homes are most often used for weekend getaways and during certain national holidays. Nicaragua Vacation Rentals rents a few different beachfront homes in San Juan del Sur in the Talanguera neighborhood. Click here for a description and some photos.
The area is naturally isolated from its more commercial counter part to the south by the estuary of San Juan del Sur, which runs in the middle of the bay.
The downtown side of San Juan del Sur is known for its restaurants, bars, shops, and night-life. The more tranquil, Talanguera, side of San Juan del Sur is a good option for second home buyers who are looking to be on the bay of San Juan del Sur with great access to the amenities of town while in a quieter more relaxing setting.
Talanguera beachfront condos are affordable pre-construction units that Range in price from $220,000 to $395,000. Sizes of each condo range from 122 sq meters (1300 sq feet) to 184 sq meters (2000 sq feet). There are 2 and 3 bedroom models available with the largest option being the penthouse that offers 3 bedrooms plus service quarters for live-in maids or caretakers.
The project has a large pool and bar/ restaurant area that will be shared by all apartment owners.
This project holds the promise of being one of the best and most affordable beachfront options in Nicaragua. The location also guarantees great appreciation in value. With the town of San Juan del Sur developing at an astonishing pace to cater to the huge influx of beach going tourists, Talanguera beachfront apartments are sure to go up in value.
You can reserve an apartment with $10,000 refundable deposit.
The revolution of 1979 was inevitable and brought with it consequences which would ultimately up-root families and cause Nicaraguan’s to re-invent themselves in new places. Many people applauded the change that was brought forth by the revolution. Initially change signified hope that the nation would secure a path of modernity and democracy. The new leadership that came after Somoza proved to fall short of expectations and as freedom of speech and private enterprise were subdued, many Nicaraguans began to look for a life elsewhere. Many Nicaraguan’s who left because of the revolution sought political asylum in cities like New Orleans, Miami, Los Angles and Washington D.C..
Today the “Miami Boys’” make up a huge component of the business class of Nicaragua. Spanning ages 20 to 60 years old, the “Miami boys” are equipped with knowledge that makes them bicultural and bilingual at the same time. This helps when one of Nicaraguan’s most important business partners is the United States. The human capital component brought forth by the “Miami Boy” generation has revitalized Nicaragua’s ability to do business on a global level. The Miami boys have effectively made the leap from the US to Nicaragua bringing with them new elements that are necessary to develop Nicaragua into an economic contender on the Central American level.