Located in one of Popoyo’s quickest growing neighborhoods, this spacious double lot has huge potential and plenty of options for a motivated investor. Sitting on 0.39 acres and barely a 2 minute walk to the Pacific Ocean, this corner property has road frontage on 3 sides and would make an excellent investment as either a commercial or residential investment. Fresh water is available on-site once a well is installed and an electricity connection is easily accessible nearby. Within a 5 minute walk you’ll find restaurants, bars, hotels and the Santana/Jiquiliste surf break, while a 15 minute drive either side covers the area from Guasacate to the Costa Esmeralda Airport. This is a rare opportunity to own a large lot in an area that has already been bought up by savvy investors.
Popoyo is arguably the most popular surf break in Nicaragua. Consistent offshore winds produce a wave that people travel from all over the world to surf. For that reason, Popoyo Nicaragua Real estate is a sound investment opportunity. Coming out of the pandemic, prices are very favorable and there are scores of Popoyo Nicaragua real estate investment opportunities for both lots and houses. Those looking to build their own house or business can find lots as cheap as $20 per square meter. Upscale houses are also available on the beach and in the hills. When evaluating Popoyo Nicaragua real estate, there are two main regions that investors should consider: Guasacate and Downtown Popoyo.
Guasacate is the most prominent beach north of the Popoyo break. Along this beach, investors will find several restaurants, hostels, homes, and even a mini supermarket. At the southern end of the beach, surfers can walk to the famous Popoyo break. Given the proximity to such high-quality surf and local businesses, Guasacate is one of the more popular tourist destinations in Tola for surfers and beach dwellers alike. For those looking to relax, the northern most end of Guasacate beach has a natural tidal pool. Perfect for a leisurely day in the sun, the easily accessible pools reveal at low tide and are free of charge. Popoyo Nicaragua real estate opportunities are abundant throughout Guasacate beach. Both lots and houses are available right on the water. With surf tourism on the rise, Guasacate beach makes for a sound long term Popoyo Nicaragua real estate investment. Downtown Popoyo, a growing community south of the Popoyo main break, is an equally secure investment opportunity.
Downtown Popoyo is an expanding community just south of the main Popoyo break. Foreign investment has turned these farmlands into a thriving area for local business. Popular hotels such as Mar Adentro, Malibu Popoyo, and Costa Oeste bring tourists in from all over the world. In addition to these sought-after hotels, many local businesses have sprouted up including two mini-super markets, a surf shop, and handful of bed and breakfasts. Raw land in Downtown Popoyo is as cheap as $20 per square meter. Lots with electricity and water access can fetch up to $25 to $30 per square meter. Downtown Popoyo even has a turnkey hotel for sale! Playa Santana, another popular surf break in the area known for its punchy, barreling waves, is directly in front of Downtown Popoyo and just a few minutes’ walk from most available real estate. Downtown Popoyo Nicaragua real estate is quickly becoming some of the most sought-after properties to invest in.
Popoyo Nicaragua Real Estate Opportunities
Whether you’re looking for a lot to build on, a house to live in, or even a thriving business opportunity, Popoyo Nicaragua real estate is the premier choice for an investment. With many commercial flights coming back and travel restrictions easing up, surf tourism will once again balloon. Nicaragua produces some of the best waves in Central America and vacations are quite affordable. If you’re interested in checking out the area, book a surf trip or relaxing yoga retreat.