Operating from the Tamarindo Beach & Ocean Estates resort penninsula, Nica Charters opens the first sport fishing operation on the Pacific Coast of Nicaragua. Perfectly located in the Puerto Sandino bay with easy access to Managua (50 minutes) and Leon (25 minutes), the terrain offers excellent river fishing and deep sea fishing a mere 6 miles off shore. Operating from our 27' top calibre fishing boat, one can catch a salifish in the morning and troll the river in the afternoon. The river Tamarindo in the rear of the island offers 17 miles of untouched natural adventure. The access could not be easier with a client pick up spot right off the Pan American highway from Managua. The calm Tamarindo river offers ducks, large igaunas, flamingos, herons and large fish in its natural state.

Nica Charters is available for fish excursions of any size party and we are willing to pick up clients at any Leon hotel.

Off the beach of the island are magnificently shaped waves rolling in all day, making spectacular boogie boarding and acceptable surfing. In four particular spots are beautiful surf waves. In our three years on the island, there has never been surfers in the water on consecutive days. The secret is out it seems. Two days ago 12 surfers were in the water.  This morning 20 surfers were here. As we continue to develop roads, water sources and renovated accommodations, you can be sure more surfboards will appear.

A community is forming on the island as we speak, with fish, meat, vegetables and groceries purchased across the southern river opening in Puerto Sandino.  What could be better than a surf community? We actively support this. We welcome you to contact the Oregon transplant surfer Nicolas Reid for expert knowledge on the surf waves of the north western shores of Nicaragua at http://www.surftoursnicaragua.com  Nicolas is a trail blazer in his research of the surf in the Tamarindo area and offers guided tours at all skill levels. High quality beach land in front of good surf with amenites minutes away all within 1.5 hours of the USA....that is a buy. Take a look at these waves !!!!!

Stand by as we are supporting a sport fishing operation start up to operate from the same community on the island. Have you ever caught a 3 foot fish just 8 feet off the beach? Have you ever experienced boiling ocean water? The secret unfolds.

The highest legal authority in Nicaragua released its report on the title situation on the whole Isla Real Las Penas last week. This written report has been in process for over 7 months and is a careful review of all the land titles on the island which is over 40 titles. The proper ownership was determined and the borders re surveyed with markers constructed. Tamarindo Beach is re confirmed to be exactly as it has always been with proper title. However, there has been some clarifications on other parts of the island to the north. This bodes well for more parcels to be insured on the island and future development of the land. With over 100 foreigners owning land on the island at present, this step was neccessary to clarify the land registration for the state government.

On the weekend, several wave runners were in action in the Tamarindo River system behind the island. This area is possibly the best terrain in Nicaragua for such adventure with over 14 miles of untouched rivers to explore and see wildlife. The river system is uninhabited and is home to 5 foot iguanas and multitudes of fish. As we adventure further into the river system, we are understanding just how great the fishing is in this area. The beauty of this island area is that there are so many outdoor pursuits to be done in its natural state. It is not required to build a $15 million dollar golf course. This area is an aquatic paradise. After wave running around the river system, we spent some time jumping surf on the Pacific Ocean beach front, followed up by a swim. This weekend confirms our belief that this area is an upcoming aquatic paradise.

In March 2008, Tamarindo Beach & Ocean Estates received a title insurance policy commitment with requirements on its lands from First American Insurance. First American insurance is a large US based title insurance company and is the most popular insurer  in Nicaragua. While it is expected to take several months to collect the items requested in the requirements, Nica Projects is very excited at this success. This is the result of 3 years of difficult research and hard work by the staff of Nica Projects. This beautiful beach expanse has over 5 developments striving for insurance recognition over the last 3 years. Tamarindo Beach & Ocean Estates is striving to be the first to complete in the area.

El Nuevo Diario newspaper reported last week that the US financed Millennium Challenge Account will expand to four lanes a stretch of the old highway from Leon to Managua. The design will provide pedestrian/bicycle sidewalks, construction of a footbridge at the junction of Nejapa and 12 bus bays on both sides of the road as the road approaches Managua. Construction will start at the end closest to our island in the next few weeks and be complete by the end of 2008. The section to Puerto Sandino will also be paved at this time. This will provide a fully paved highway from the airport to the port at the south end of the island.

Nica Projects is proud to be participating in trade show attached to the 4th Annual British Columbia Real Estate Convention on Monday February 25 and Tuesday 26, 2008.

You are invited to visit us at Booth #24 where we will be introducing an exciting new project featuring beachfront and riverfront lots, as well a bungalows overtop the central lagoon.

This is the premier resort in 'Costa Rica North' (Nicaragua), so plan to join us. If you want a private showing and discussion, call us at the office to make an appointment during the show.

The developers association of Isla Real has extended an offer to participate to another development on the island, known as Isla Mariana.  The scope of work is agreed for the participants and the road surveying has started. Well over a years planning on infrastructure has taken place and the detailed plans are excellent.

The Staff and Management of Nica Projects wish you the best of the holiday season and a prosperous 2008 (especially as an investor!)

We hope that you will have time to relax with family and friends.

Our office will be closing on December 21st, and opening in full force January 3rd 2008. We will have limited operations during December 27nd-31st, 2007.