For Sale $7,125,000 $9,500 per acre - Land
LEAST EXPENSIVE PRICE PER ACRE NEXT TO THE EMERALD COAST in Matapalo
$7,125,000 for all 750 acres which is only $9,500 per acre for sandy beach to gently sloping forest with superb ocean views. This property is ideal for large or small development. Just over an hour and a half from Managua’s international airport, the parcel is conveniently situated between the Capital and Nicaragua’s Emerald Coast. Perfectly positioned to take advantage of the opportunities provided by the Chacocente Wildlife Refuge and the amenities of Nicaragua’s Emerald Coast, this stunning property can be reached either from Casares to the North, Santa Teresa to the East, or Astillero to the South.
The property with its 1,267 meters of coastline sits on a beautiful wide 8 km (5 mile) long beach with multiple surf breaks, swimming spots, and a river estuary; making it a superb location for a mixed-use Resort or Residential development attracting a variety of clients. Surfers, families, adventure enthusiasts, nature lovers, and those who seek unique and tranquil spots around the globe will all be attracted to this location. There is a natural spring on the property, as well as a well and two small rivers making this one of the region’s most attractive investments. Wildlife abounds, and the location is home to many of Nicaragua’s native flora and fauna species.
• Most attractive price on the Emerald Coast: less than $9,500/acre!
• Well over a kilometer (1,267 meters) of Coastline
• Water on the property
• Varied topography for maximum site usage and views
• Near the Rio Escalante-Chacocente Wildlife Refuge
• Proximity to the Capital and Emerald Coast amenities
• Situated directly along the government’s proposed Coastal Road
• Wide sandy swimming beaches
• Multiple surf breaks
• Agriculture opportunities
• Approximately 774 acres (316 hectares). May be subdivided
• Fully titled, with all ownership documentation
• Infrastructure credit and infrastructure collaboration if desired
• Unparalleled ocean views and encounters with nature
Just 15 minutes to the south within the Rio Escalante-Chacocente Wildlife Refuge sits one of the world’s most significant sea turtle nesting sites. Tens of thousands of endangered sea turtles nest and over a million babies hatch each year. Troops of howler monkeys wander through the canopy, and stately trees have grown undisturbed for hundreds of years. While in close proximity to the Refuge, Matapalo sits well outside its boundaries, allowing for real estate development, hospitality, farming and other activities. The property’s owners are open to subdividing the property if less land is desired, with individual parcels starting at 100 acres.
The property is large enough to accommodate one or more hotels, commercial areas, and hundreds of homes and condos. It sits adjacent to a site currently designated for one of this area’s most significant master planned communities, designed to promote the area as a tourism destination. It is this development group who currently own the Matapalo property. The group has spent the last fifteen years amassing properties on this segment of the Coast, and they’ve done their homework. They know who their neighbors are. They know the local community, and they know what is needed in the area to attract an international clientele. They keep their fingers on the pulse of the government’s plan to execute infrastructure in the area, and they will share their knowledge and experience with the buyers of the Matapalo property.
Even better, they’re willing to share costs for infrastructure to the point of a collaborative effort with the new owners to ensure that a portion of the purchase proceeds from this sale will be used toward infrastructure that will make both properties more valuable!*
Topography on the site is varied and entirely suitable for development. The majority of the property slopes gently upward from the ocean to an approximate height of 160 feet, interspersed with a variety of larger flat areas. The large amount of build-able terrain allows for easy development and prime sites with ocean views. Approximately 250 acres, one third the property, offers high elevations with slightly more rugged terrain and magnificent sweeping views of the coastline. A previously farmed area of approximately 80 acres at the back of the property is an ideal spot for orchards, organic farming, or other agricultural uses.