These properties for sale are located in or around the town of San Juan Del Sur, which is located on the southern pacific coast of Nicaragua, 45 minutes from the border of Costa Rica and about 2 hours from Managua, the capital of Nicaragua.
I want to clarify when I say “Town,” I am speaking about the heart of San Juan Del Sur, where you can park your car, walk to the beach, and stop by different restaurants, bars, and retail shops.
However, the greater area of San Juan Del Sur extends approximately 30 minutes south and north of town. To the north, we have the beautiful beaches of Playa Marsella, Playa Maderas, and Playa Majagual. To the south, we have Playa Remanso, Playa Hermosa, Playa Yankee, and more. Wherever you are in the greater San Juan Del Sur area, you never more than 10 – 15 minutes away from a nice beach.
For our purposes today we are going to focus in and around the town of San Juan Del Sur.
Beachfront Oceanview Penthouse in San Juan del Sur
We’re going to start with a beautiful Penthouse Unit in the Casa Marina Building right on the beachfront road. This is the only five-story building in the town and one of 2 penthouse units on the 5th floor of the building. The 1,300 sq ft penthouse has 2 bedrooms | 2 bathrooms and comes fully furnished. The unit is spacious, has robust natural light, and an unbeatable ocean view.
This is an ideal unit for those who want to be in the heart of town with easy access to the beach and many amenities. Whether living full-time, using as a vacation unit or solely as a rental property – you can’t beat this location and view.
Beachfront Office Space in Town
We’re going to stay in the Casa Marina Building for our second property. This is a 950 sq ft office space converted from a two-bedroom | 2 bathroom apartment. Located on the second floor, the unit opens to the reception area and leads down a long hallway to the back office, finally arriving at the conference room that fills with natural light and has a nice ocean view.
Whether you want to retain a commercial tenant, install your own business, or convert the space back into an apartment, this is a great opportunity to have an ocean-view property in a prime location.
Multi-Unit Commercial Property in San Juan del Sur
Now, we are looking at a great commercial opportunity right in town. This property measures 405 square meters and has three small studio rental units, all currently rented to long-term renters. The studios are simple but come fully equipped; additionally, there is a separate caretaker area with a private bathroom and storage space. There is a ton of potential for expanding this property. You can add a second level to the existing building, which would give you an ocean view, or knock down the existing building and start from scratch. You are in town, so city water and septic are available. The eastern side of the property touches a road, so the property has two distinct access points. You can build up to three stories in town, so whether you want to build apartments, a mixed-use commercial project, or a residential concept – your imagination is your only limitation. There are no restrictions on this lot.
This property is within walking distance of many great restaurants and bars, and only three blocks from the beach, properties of this size in town are hard to come by. This is a great land bank opportunity as you watch the town grow around you and the demand for commercial and residential space increases. This is one of the few commercial properties for sale in San Juan del Sur.
Cliff Top Home in Pacific Marlin
We will leave town and head north to Pacific Marlin, one of Nicaragua’s oldest and most exclusive developments. It sits right on the northern side of the bay of San Juan del Sur and has some of the nicest properties in the area. It’s also home to the 2nd largest Jesus Christ statue globally, only after the one in Rio de Janeiro, Brazil. People come from all over the world to check out this amazing piece of art and pay homage.
The development is fully paved, has one of the best water sources in San Juan del Sur, and is very secure due to the various guarded entry points. Situated less than 10 minutes from town, this 6,000 sq ft home has five bedrooms | 6 bathrooms and ample grounds. The pronounced driveway leads you to the parking area with room for various vehicles. The patio has a covered seating area that overlooks the pool, the bay, and the town of San Juan Del Sur. The main house has three bedrooms and three bathrooms. A huge wrap-around terrace provides tons of outdoor space for admiring the view and entertaining. There is an apartment on a lower level with a full bedroom, bathroom, kitchen, and small balcony – which is clutch for all the friends visiting you at this special property.
There is also an independent caretaker apartment next door to the garage for staff.
I love this house. The location and view are unique, and the property is way below the replacement cost value at the current asking price. The owners are builders from Italy, and they did an excellent job with the foundation and infrastructure of this home and the overall build.
If you are looking for a one-of-a-kind home and being on top of the world, this is the property you’ve been waiting for.
Pacific Marlin Development Lot
Now, let’s look at a land opportunity in Pacific Marlin. This property comprises three adjacent lots that total 1.5 acres of land. You have all the benefits of Pacific Marlin that I mentioned, except these lots face northward to the bay of Nacacsolo, as opposed to the bay of San Juan Del Sur, like the last property. These three lots are essentially flat, so your land movement cost will be minimal. Getting this much land in Pacific Marlin is hard, especially with a view like this. There are a few potential opportunities with these lots:
- Hold as a land bank and sell them all or individually down the road as prices increase
- Build a spec home on one of the lots and then repeat after the first home is sold
- Build 1 home and keep the other lots as green area
- Do a development project with multiple homes between the three lots – as a note, any concept that surpasses one home and a guest house per lot would be subject to developer approval
This lot has many options for the ambitious investor and is one of my favorite properties for sale in San Juan Del Sur!
Oceanview Acre Lot in El Encanto del Sur
We are headed a bit further north to the gated development of El Encanto Del Sur, a popular development for both full-time residents and long-term renters. Tree Casa Resort is located next door and is a local favorite due to its rich amenities: world-class dining, a well-stocked bar, various pools and slides, and many outdoor activities like hiking and biking trails. They even have a permaculture farm on site. My family and I love Tree Casa, and it’s become the go-to hang-out spot for local and ex-pat families. The kids can spend all day in the pool, and the parents can relax poolside with tasty food and cocktails!
Located about ten minutes from town, these two combined lots measure approximately 1.2 acres, a ton of space. You can build a two-level home on the lot, giving you a great panoramic ocean view of the bays and the Pacific Ocean. Beyond the large footprint, you can walk to Tree Casa from this lot, a huge plus whether you live full-time or rent out the unit. Also, the western side of the lot abuts an undeveloped area, and the east side abuts the road, so if you built a nice perimeter wall on the east side of the lot, it would make the property private. This is a great starter lot in an excellent development. If you don’t want to build soon, you can acquire the two lots and possibly sell one or both in the future and/or develop two homes, one on each lot. El Encanto Del Sur and Tree Casa Resort will certainly continue to see investment and growth from the developers.
Alright, we looked at six great properties in San Juan Del Sur, something for everyone based on your unique property journey. If you would like more information on any of these properties or to set up an appointment for a virtual tour, just send me an email at leslie@investnicaragua.com.
We’ll see you at the beach!
