Nicaraguan Elections

So it happened, Ortega has been elected as the New Nicaraguan president.

What will happen?

Our analysis of the situation concludes that we will see no significant changes.
Of course we will experience a drop in sales and investments until the market feels confident in the new government.

Luckily Ortega and his team have been very fast to communicate that foreign investors are needed and welcome, and the US rhetoric has softened. These are very positive indications and we hope to see the same in the next two months until Ortega takes office in January.

Vamos Group
..has now released the 3rd phase of the Iguana Surf/Golf Townhouse development for sale. [15-Aug-2006]

We expect to begin construction of the 3rd phase (5 units) in January or February 2007.

The Townhouses will be ready in August 2007.
The design and style will be equal to phase one & two - highest quality, luxury Townhouses.

Please contact us for information on price & availability.
mailto:info@iguanagolfcondos.com

Dear friends of Iguana

Surf
The surf has been HUGE (check photo from the Colorado break in Iguana, taken by NSR)

Colorado has been make able, and threw some very serious left barrels at everybody who were up for it.Panga Drops was looking most like a tow-in wave. If you were lucky enough to paddle in, you could count on a “mellow” double or triple overhead take off. Some guys made it more than 500 meters into the beach going right.

Now the low pressure located about 170 miles south of Zihuatanejo Mexico is giving us rain and on shore. But I think everyone could use a break.

Golf
Four holes are now playable. The grass is being laid up on the next holes, and there is some truly unique holes, e.g. the par five with an elevated green, is looking – well, exceptionally unique.

Construction
The construction is flying. We are ready fill the third floor on the first building. We are still aiming for Christmas for completion.
The second building foundation is in, and the townhouses should see first floor within two weeks. The townhouses are done in November.

We are proud of the progress, and several lot owners in Iguana, is contracting us for their custom homes.

What to look for
Sign up for our colorful newsletter (to make sure you get it, please email to: (ferdie@iguanagolfcondos.com). Next version of the newsletter with photos, in depth updates, and some industry news should be out beginning of July.

Look out for an updated webpage, within days. Add another couple of weeks, and you can log in for daily surf, golf, lifestyle and construction updates.http://www.iguanagolfcondos.com --> New version out in days!!

Sales & opportunities
We see a lot of traffic right now.
Only two units left in phase two, and we have opened phase three, where top floor seems to be going fast.From phase three you walk straight onto the pool and common area, ground level is therefore superb for rental business.

Second and third floor you have a great view over the pool and onto the golf.
All 5 minutes walk from the best beach in Nicaragua.
There are still townhouses left at incredible 116 usd/sq ft.

Another five townhouses will be launched in the fall; price level is estimated to 130-150 usd/sq ft

You are always welcome to call or email if you have any questions;info@iguanagolfcondos.com

Cheers!

Vamos Group post Iguana news on this Blog

Welcome to Vamos Group's Iguana news-blog!

We have moved our blog to our own site (removed it from blogger.com) and reposted the news.

Vamos Group post news about what is going on in Iguana Golf & Beach Resort - Nicaragua.
About every month or more frequent we write in our blog.

We write what we feel like - it can be a story about a sea turtle who came by to visit, or a story about an ambassador who came by to visit. It can also be a great photo or maybe something else. Check it out, and see what’s going on in Paradise.