Happy New Year !
NEW YEAR!..... NEW GOVERNMENT….and NEW OPPROTUNITIES!
After many months of fear and apprehension about the Nicaraguan presidential elections, and the possible return of Daniel Ortega, it has all become a bit anticlimactic now. The overall mood of the people in the country both Nicaraguan and foreigners, is a bit of wait and see and at the same time very up beat and positive.
Since the election victory by Mr. Ortega this past November, there has been many examples of continuing and new investment by both foreign and local nationals. Taiwan has pledged to invest as much as $200 million in tax-free textile manufacturing. The Pellas Group, the largest private investment group in the country is starting construction of a multimillion-residential/tourist project just south of Iguana, which will include a 5 star hotel and a marina. ProCredit, a German bank is also coming to Nicaragua this year and plans to open several branches throughout the country.
It appears that a new paved road from Tola to the major developments, Guacalito, Hacienda Iguana and Rancho Santana will become a reality in the very near future. Construction is to begin this month and is the result of close collaboration between the Pellas Group and the local municipal government.
Here in Iguana we are moving forward with all of our planned projects. We have started construction on the new Villas Rio Dulce condos, Villas Las Colinas town homes and the new Plaza del Pozo commercial center. The 9-hole golf course has been completed and we are now in the process of finishing the golf club house. Ulrik will be doing a blogg very soon with all the golf details.
We also have several new homes under construction as well as our continuing improvements of the infrastructure. Enitel, one of the major telephone and wireless internet providers is going to construct a 40 meter tower inside Iguana within the next 9 months which will enable us to offer cell phone and internet service throughout the development.
Finally, our property sales since the election have been increasing at a steady rate and prices are on the rise!!! Both turn-key and lots are increasing in value and we are looking forward to a very strong 2007 in Hacienda Iguana. We are updating our web site with our new product and invite you to contact us about your investment opportunities here in beautiful and safe Nicaragua.
Happy New Year!!!
David H. Smith
Director Sales & Marketing
david@haciendaiguana.com
After many months of fear and apprehension about the Nicaraguan presidential elections, and the possible return of Daniel Ortega, it has all become a bit anticlimactic now. The overall mood of the people in the country both Nicaraguan and foreigners, is a bit of wait and see and at the same time very up beat and positive.
Since the election victory by Mr. Ortega this past November, there has been many examples of continuing and new investment by both foreign and local nationals. Taiwan has pledged to invest as much as $200 million in tax-free textile manufacturing. The Pellas Group, the largest private investment group in the country is starting construction of a multimillion-residential/tourist project just south of Iguana, which will include a 5 star hotel and a marina. ProCredit, a German bank is also coming to Nicaragua this year and plans to open several branches throughout the country.
It appears that a new paved road from Tola to the major developments, Guacalito, Hacienda Iguana and Rancho Santana will become a reality in the very near future. Construction is to begin this month and is the result of close collaboration between the Pellas Group and the local municipal government.
Here in Iguana we are moving forward with all of our planned projects. We have started construction on the new Villas Rio Dulce condos, Villas Las Colinas town homes and the new Plaza del Pozo commercial center. The 9-hole golf course has been completed and we are now in the process of finishing the golf club house. Ulrik will be doing a blogg very soon with all the golf details.
We also have several new homes under construction as well as our continuing improvements of the infrastructure. Enitel, one of the major telephone and wireless internet providers is going to construct a 40 meter tower inside Iguana within the next 9 months which will enable us to offer cell phone and internet service throughout the development.
Finally, our property sales since the election have been increasing at a steady rate and prices are on the rise!!! Both turn-key and lots are increasing in value and we are looking forward to a very strong 2007 in Hacienda Iguana. We are updating our web site with our new product and invite you to contact us about your investment opportunities here in beautiful and safe Nicaragua.
Happy New Year!!!
David H. Smith
Director Sales & Marketing
david@haciendaiguana.com
