The Rise and Fall of Seaside Mariana

Photo from http://www.ripoffreport.com/

Recently, we discovered that an endorsement we had written on Nicaragua’s Grupo Mariana in 2007 was reposted on the Grupo Mariana website  http://www.grupomariana.com/about/. By way of this article and a direct email we ask that Kevin Fleming remove our endorsement and not publish it without our permission in any shape or form. He is well aware we no longer endorse any of his projects.

Land taxes and DGI taxes on Seaside Mariana have been outstanding for nearly 8 years. And the Jack Nicklaus golf course and Wyndham Hotel are distant memories of things which never came to fruition. Endorsements of many large partners including major Nicaragua partners have also been withdrawn.  There are legal actions pending against the project and the Flemings who left Nicaragua in 2013 and never returned. The 5% of all sales promised to help local communities never happened.

In 2006 we made a bad decision to invest in property that was supposed to be developed by Kevin Fleming with his Grupo Mariana corporation. It was our fault for poor due diligence thinking that someone with no experience could do a major development. What can we say? This was during the peak years of Nicaragua becoming the next Costa Rica and we believed the sales pitch. Investments always involve risk. Seaside Mariana looked like a great deal in 2006 but is now or still an empty tract of land along the ocean.

Seaside Mariana, just south of Pochomil, was going to be the flagship of the many planned Mariana projects in Nicaragua. By 2008 we knew we were in trouble when no model homes were being built, titles could not be issued, master plans were constantly changing and no infrastructure except one well and a few dirt roads. We held on and even supported the project not due to any belief that Seaside Mariana would be developed by Kevin but in the hopes that new investors, partners or developers would take over the project and somehow save it.

A few owners still hope a miracle will occur and Seaside Mariana will rise from the ashes. Some owners still mistakenly believe that it was the economic downturns of late 2006 and 2008 that stopped the project. It has now been 10 years and there is still nothing there though many developments in Nicaragua made it through the economic downturns and are flourishing today. The size of available land in Seaside Mariana is much smaller now due to one of the investors successfully settling disputes with Kevin. The investor received a large chunk of Seaside Mariana land in the settlement.

The Flemings left Nicaragua several years ago and have not returned yet continue to try to sell and promote Seaside Mariana though little remains due to the settlement with the investor and of course, all the sales to owners of which many if not most cannot get title. Even now we hope some miracle will occur that would save even a portion of our investment but it is probably not economically or financially feasible.

In Kevin’s June 2016 newsletter the Flemings state:

“Construction is ready to begin at our beachfront resorts. After years of planning and design, our communities are ready to rise, and Kevin and I couldn’t be more excited. Dedication to making a difference in this country is what brought our family to Nicaragua in the first place. Dedication to seeing that difference realized is what will ensure success in the future.”

The above statement has been issued for so many years even after the Flemings left Nicaragua several years ago. Visit the Seaside Mariana site and you will clearly see there is no development.

We have lived in Nicaragua for 10 years and are quite happy with our lives here. It is a beautiful country and we hope you will visit or consider moving here. Seaside Mariana is an exception to the many fine developments flourishing here.

People ask why we have decided to finally publish this article. We like Nicaragua very much and people looking to move to Nicaragua need to be aware of any issues when deciding where to live. The Flemings should not have republished endorsements made many years ago by many people now knowing their investments are probably lost.

You need to do your own research and due diligence but we cannot in any way recommend Grupo Mariana and their associated projects. Anyone who reads this and is curious to know the validity of the above can search the public land registry.

This fairy tale will not have a happy ending.

Amy and Darrell Bushnell

Granada, Nicaragua

Note – The developer has since removed our old testimonial.

6 Comments

  1. gc

    September 11, 2016 at 5:34 pm

    kevin is back in san juan

    • Nica time

      September 30, 2016 at 10:04 pm

      Where exactly was kevin Fleming seen and when? Many would like to speak with him and know this information.

      Amazing that Patrick is still of the same mindset, as when he bought at seaside ….7 plus years ago. Incredible.

  2. Patrick Winters

    September 13, 2016 at 8:20 pm

    Darrell – I think your article does a good job capturing similar frustrations felt by many associated with Seaside Mariana. Years have passed, and issues blocking the advance of development remain plentiful. The hardest part as you suggested is watching as many other developments flourish in Nicaragua while Seaside appears to stand still.

    As you know I have more hope left for this project than most. What you suggest as waiting for a miracle I view as holding on for the inevitable to happen. 350 Acres of prime beachfront real estate remains at Seaside Mariana. The right partners with the necessary capital will eventually be found. Within my lifetime this property will be developed. Too much background work has been done, and the property is simply too valuable for nothing to happen.

    Kevin remains committed to this project and is trying to move it forward. The chances for success, and the recovery of some part of your investment as you put it, remain stronger if you would support the Flemings efforts to move the project forward.

    Pat Winters
    Windsor, ON

    PS – It was wrong for Kevin to have your old testimonial published on the website. I’m glad that he has removed it.

  3. Darrell

    September 14, 2016 at 9:03 am

    Patrick

    I think you are blinded to the facts. Number one being that lots paid in full by the owner/investor were given away in the settlement to the investor that successfully won against Seaside Mariana and received a large chunk of Seaside. What kind of developer would give away lots lawfully sold to an owner and never even notified that they were given away? Also, Kevin’s announcement that Seaside Mariana is dead and gone and he will start a new development name.

  4. Geoff

    January 8, 2017 at 7:28 pm

    Kevin Fleming is in San Juan del Sur? Really? Are you certain? Do the Nicaraguan prosecutors know this?

    • George P Chapogas

      January 9, 2017 at 5:44 am

      i do not know Keven, as he seems to be a rip off poster boy according to gossip. i know of him through sjds gossip, i live in Rivas. i have heard multiple times he is doing work in SJDS again by people in construction. I suggest you ask people you know that buy construction materials