Buyer’s Guide

Perhaps you’ve visited Nicaragua and San Juan del Sur. You’ve discovered its land and people. You want to come back…often! And you want to do so in comfort.

Sueño del Sur is the premier resort development in San Juan del Sur. Compare our convenient and quiet hilltop location, proximity to town and beach, luxury-sized units with unsurpassed ocean views, and world-class architecture, and you’ll see why.

Please read the following carefully to find out how you can participate in this exciting opportunity. And don’t hesitate, there are only 23 units, plus a few two-story penthouses, and they will go quickly. If you have any questions, please contact your real estate agent in Nicaragua, or visit our Web site, which will always show up-to-date availability and pricing.

Sueño del Sur is a condominium resort, organized under Nicaraguan Law 306. Law 306 is a Nicaraguan initiative to support increased tourism in Nicaragua, and provides amazing benefits to owners of properties built under this law. In return for making your condo partially available for rent for a period of 10 years, you will pay no property taxes and significantly reduced or no Nicaraguan income taxes on rental revenues. As an owner, you can occupy your condo unit for up to 109 days per year, paying only for utilities and maintenance.

When you are not in residence, your condo will be a part of the resort rental pool. Our goal is to attract an international brand name hotel to market and operate Sueño del Sur, guaranteeing you the highest possible occupancy rates and rental income. Currently, condo units available in San Juan del Sur are bringing upwards of $160 per night, yet none have the size, appointments, views and amenities of Sueño del Sur. The high-quality design and construction, phenomenal views of both ocean and mountains, the easy two block stroll to the beach and restaurants, and the full complement of luxury amenities, will command top dollar in the current and future rental and resale market. So not only can you enjoy your resort condominium, you can earn significant returns from it, to say nothing of potential property appreciation.

Imagine the fun and pride in owning a luxury unit in Sueño del Sur. You and your guests will receive an unparalleled vacation living experience, including front desk reception, room service, maid service, on-site concierge, secured parking, and 24-hour security.

In addition to your large, luxurious condominium, you will have an elegant pool, patio, party palapa, flower and sculpture garden, bar, and restaurant to enjoy. And the views from all of this are spectacular, with the best sunsets in town every night! Or walk down the hill two blocks and you’re at the beach, and San Juan del Sur’s restaurant, shopping, and nightlife district.

A superior team has been assembled who are dedicated to creating a top quality property that is built and managed with care. Sueño del Sur is being managed by three experienced developers who fell in love with Nicaragua and San Juan del Sur. Our architect, Gabriel Urcuyo, grew up in the San Juan del Sur area, and is now one of the leading architects in Nicaragua. We are dedicated to creating a top quality property, built and managed with care, that you will always be glad to return to, and always glad for its returns. Architectural drawings for Sueño del Sur are already in the finalization phase, and plans are to break ground in the Spring of 2006. Preliminary estimates are that construction should take approximately 14 months, although construction schedules may be adjusted in order to assure that your ownership and investment dollars are secure, and to guarantee the highest quality in construction and design.

It’s easy to purchase your resort condo at Sueño del Sur. You can reserve your unit today with a fully refundable deposit, held in escrow, of $10,000. When final contracts are signed, a total of 15% down payment will be due (including your reservation deposit), so you don’t have to pay in full for your condo up front. A payment schedule will be utilized that structures payments to coincide with progress on construction, and will most likely be as follows:

15% at contract time (includes the reservation deposit).
35% at start of construction.
30% at shell completion.
20% at time of closing, on your ready-to-enjoy condominium. 

Once you close, Nicaraguan law allows foreign ownership of land and property, so you will have full property rights, the same as Nicaraguans. At closing you will receive a full and clear title to your property, and title insurance, if you decide, through First American Title. At contract signing, our title policy for the property from Hilltop Villas, SA, our Nicaraguan corporation, will be available for review.

The condominium units at Sueño del Sur will be fully furnished, to assist you in providing the finest comfort at the best price for maximum enjoyment of your family, friends and paying guests. You will have three style/color packages from which to choose, all of which will have the added advantage of being carefully selected to withstand daily use and sea air. These coordinated packages will be provided to you at our cost, saving you time and money. The estimated cost for the furnishing package is $15,000, which will be added to each unit at closing.

You can be confident in your purchase at Sueño del Sur, and having your own Southern Dream. For more information give us a call or email us

Special Sales Bonus: For the first 6 completed reservations received before Dec. 15, 2005, Buyers will get a $10,000 credit at closing to be applied towards the furnishings package!

Don’t wait, this is a special one-time offer.