Infrastructure Improvements Add Value to Nicaragua Real Estate in San Juan Del Sur

During the last several years as the real estaterecent years. The first two kilometers of the road
market in Nicaragua has begun to mature San Juanheading north was paved and the road bed was
del Sur has seen tremendous infrastructureraised to avoid future flooding. The road south to
improvements. Just a few short years ago the tripPlaya El Coco, Playa Yankee and Playa Remanso is
from Managua to San Juan del Sur was a bumpycurrently undergoing improvements in drainage and
one, as travelers had to bounce along thepaving should begin within a few months. At the
semi-paved and neglected highways for 3 hours.turnoff to Playa Maderas, Playa Marsella and Playa
Today the entire trip is smooth sailing and has beenMajagual a new bridge is currently under construction
reduced to 2 hours. All 140 kilometers have beenthat will span the creek and guarantee access year
resurfaced in various phases during the last fewround to one of thebest surf beaches in Nicaragua.
years.Water and electricity are vital to fuel the growth of
San Juan del Sur has seen incredible improvements ina burgeoning Nicaragua real estate market. There is a
the downtown area. Many of the interior roads havelarge wind turbine project on Lake Nicaragua along
been improved and public lighting have been installedthe Pan-American high way between San Juan del
along the main streets. The central park and townSur and the Costa Rican border that will provide a
square has been given a facelift and a newlarge percentage of the countries electrical power
playground was erected in front of the church. Theonce completed. There are currently 19 turbines
baseball field in town was given a modern sprinklergenerating electricity with another 11 in various
system and proper drainage was installed. Thestages of construction. Another large-scale project
municipal sports park was completely refurbishedwill bring potable water from Lake Nicaragua 17
through private donations. The court was resurfaced,kilometers to San Juan del Sur. This project has been
new lighting was installed for night events, a seatinginitiated and the crews have been laying pipe for the
area was built for the fans, and new basketballlast several months. In conjunction with fresh water
hoops and soccer goals were all built on site.they will be modernizing and improving the black
The beach in town has seen a major improvementwater treatment facilities for the town. Both of
with the construction of a pedestrian bridge spanningthese projects are vital for the short and long-term
the estuary. San Juan del Sur is home to it's verygrowth of San Juan del Sur as a tourist hotspot and
own "mini-Golden Gate Bridge" which connects thereal estate investor's destination.
residential neighborhood on the northern side of theForeign real estate investment has increased
bay with the center of town to the south. Theproperty tax collection in the municipality of San Juan
200-meter suspension bridge is a gorgeous additiondel Sur exponentially over the last 5 years and these
to the picturesque bay. The port on the southernfunds are being reinvested in the local community.
end of San Juan del Sur has been modernized and isThis has helped the infrastructure to improve
now receiving cruise ships a few times a week duringtremendously over the past few years with the
the winter months.additional support of private business owners. The
Access from San Juan del Sur to the surf beachesfuture of Nicaragua real estate in San Juan del Sur
north and south have been dramatically improved inlooks very promising.