Real Estate :: Development Updates

Local Treasure International is proud to announce that residential construction is well underway and buyer interest is leading to a flurry of new sales. To ensure that you are fully informed about residential and commercial construction progress, please check back often to view the latest updates.

  1. We have 5 Custom Homes completed. A total of 8 lots have been sold, while 4 remain for sale due to original buyer resale. Each lot will be developed and customized by their respective owners into Luxury Homes.
  2. Additional water well is completed.
  3. Local Treasure International has been approved for “Law 306”, the Nicaraguan Tax Incentive Law.
  4. We have just announced opportunity to purchase 25 Costa Paraíso Bungalows and are happy to report a strong and steady stream of continued interest.
  5. Final architectural plans for the bungalows are completed.
  6. Costa Paraíso Resort and Spa is expected to begin construction in Q1 2008.
  7. Work is proceeding smoothly on the roads to Costa Paraíso and improvements are being made continuously.
  8. To complement the homebuilding effort, Local Treasure International has started custom building furniture to offer a stylish alternative to furniture available locally.
  9. Costa Paraíso is now fully functional with water, electricity and sewage services available throughout the property.
  10. The oceanfront sales office in San Juan del Sur has been completed and is open for business offering real estate services as well as fishing and surfing charter bookings.