SOURCE: Grupo Mariana S.A.

Grupo Mariana S.A.

November 07, 2011 15:57 ET

Seaside Mariana Now Offering New Affordably Priced Residential Options in a Village Setting

MANAGUA, NICARAGUA--(Marketwire - Nov 7, 2011) - Investors and adventurers seeking an international opportunity and lifestyle now have inviting new options as Grupo Mariana announces its new Village Condominiums in its 923-acre Seaside Mariana community situated along a mile of pristine beach on Nicaragua's Pacific Coast. Studio units in the village start at just $59,000.

The studio, one and two-bedroom condominiums are located in the Mariana del Norte neighborhood in the northern corner of Seaside Mariana. The residences range in size from 408 to 1,184 square feet, and are fully furnished, including many items handcrafted by Nicaraguan artisans. The two-bedroom units have a master bedroom on the main floor and a second bedroom in an upstairs loft, accessed by a spiral staircase. There also are studio units with lock-offs, which can function both as owner-occupied and rental units.

The condos are situated in eight buildings, placing residents within steps of a wide range of village amenities, including restaurants and bars, a coffee shop, salon, post office, pharmacy and grocery store. A central community center features a fitness area, outdoor pool and activity rooms. The location also is close to both the beach and the Jack Nicklaus Signature Golf Course.

"These condos offer an extremely affordable option for individuals and investors who would like to be in an active area close to amenities," says Kevin Fleming, chairman of Grupo Mariana. "They are ideally sized to meet a range of needs and also beautifully furnished."

Interested individuals can learn more about the Village Condos at Seaside Mariana in a Webinar scheduled for November 16, 2011. Grupo Mariana also will hold another five-day Discovery Tour in January that allows visitors to take a guided tour that acquaints them with Nicaragua, its history, culture and natural resources. Additional information on these upcoming events is available by clicking here.

Grupo Mariana is building on Nicaragua's growing popularity as a tourist destination, and as a choice for a vacation and retirement lifestyle. Grupo Mariana is committed to offering a range of residential products on Nicaragua's Pacific Coast and realistic pricing that reflects current market conditions. The current centerpiece is Seaside Mariana, a community comprised of six individual neighborhoods on a 923-acre oceanfront site that includes a 330-room Wyndham Hotel & Casino and Jack Nicklaus Signature Golf Course. Grupo Mariana also is dedicated to reinvesting five percent of each real estate transaction at Seaside Mariana back into the economic development of the surrounding area under its 5% for Futures program.

For additional information on these properties, Seaside Mariana or the 5% for Futures Program, visit www.seasidemariana.com or contact Phil Alexander, Executive Vice President-Sales & Marketing.

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