Real Estate Investment in Nicaragua

Construction has started in Tola of a mixed tourist complex estimated at $20 million which includes 12 houses, a four-story tower with 18 apartments and a commercial area.

Thursday, March 8, 2018

Travis and Lucas Boychuk, promoters of the tourism project that will be located in Gavilán beach, reported that for the tourism development called "Surf Ranch Hotel & Resort-Emerald Coast Popoyo", they will be building condominiums, apartments, restaurants, an events center, commercial premises, swimming pools, a spa, casino, gym and other amenities.

See also "Central America: $766 million in Tourism Projects"

Regarding the constructions that promoters have completed, Lucas Boychuk told Elnuevodiario.com that " ...'This is the second resort we have built in Nicaragua and it is part of a hotel chain that we started in 2014, with the construction of Surf Ranch Resort and Hotel in San Juan del Sur, and then we have extended to Panama and Costa Rica, and this one in Tola will be the fourth hotel complex'."

See "Construction Projects in Central America"

Lucas added that " ... the resort will have capacity to accommodate 312 people per night and they have now moved forward with the construction of 4 houses and are in the process of constructing the building which will include the complex of apartments and commercial modules, where the restaurant and stores area will be located."

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More on this topic

Real Estate Development for $100 million

November 2016

In Panama an environmental impact study has been submitted to build a complex with apartment buildings with up to 14 floors, a commercial area and a hotel in Porto Belo, Colon.

The Environmental Impact Assessment (EIA) was submitted by Porto Caribe, S.A.

$175 million Resort

November 2015

A plan is being made to develop residential buildings and a 614 room hotel complex in a 25 acres area ​​in the touristic area of ​​Rio Hato, Panama.

The promoter of the project, Agro Playa Blanca SA, detailed in the Environmental Impact Assessment (EIA) submitted to the Ministry of Environment, that the development will be called "Agro Playa Blanca Phase II", and will be built in Rio Hato, district of Antón, province of Cocle.

Tourism Projects in El Salvador

February 2012

In order to attract the attention of investors, entrepreneurs have created a portfolio of six major projects for tourism development.

The Association of Coastal Marine Tourist Developers (Promar in Spanish), led by renowned Salvadoran entrepreneurs, recently presented the Government with an ambitious portfolio of six mega resorts with high potential to attract investment to the country, to be run in the next 14 years, and which is valued at $2 billion.

Panama: New Investment Planned for Decameron Tourism Complex

March 2010

$20 million will be invested in developing 350 new residences.

Marta Molina, spokesperson for Royal Decameron Golf Beach, Resort & Villas, explained they will also invest in enlarging the hotel and building a shopping center.

Prensa.com reports: “the mall will boast 30.000 square meters of commercial space”.

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Grupo Williams

Comercialization of Urbanization Commercial Mall construction and Comercialization Construction and comercialization of Industrial and logistic buildings. Housing Construction Projects
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