
Nicavacation · Hacienda Iguana · Tola
Hacienda Iguana is a gated beach and golf community in Tola, on Nicaragua’s Emerald Coast. It sits right on Playa Colorado, one of the most consistent surf beaches in Central America. It’s quiet, green and safe, and it’s the kind of place where your day is sorted by the tide chart. We manage vacation rentals here, and this page covers what we’d tell a friend before they book.
These are the Hacienda Iguana homes we currently list. Each one links to photos, details and availability. If you’re travelling with a group, a family or a board bag full of boards, tell us and we’ll point you to the right house.

4 bedrooms · 5 bathrooms · sleeps 8+
A big beachfront estate with 4 bedrooms, 5 bathrooms and a pool looking straight at Playa Colorado. Sleeps 8+.

Beachfront · pool
Beachfront, with a pool facing the wave. You can check the surf from your sun lounger.

4 bedrooms · pool
A modern 4-bedroom house steps from the beach, between two surf breaks, with a big courtyard and pool.

3 bedrooms · 2.5 bathrooms
An airy 3-bedroom, 2.5-bathroom home tucked into the trees, with high ceilings and big sliding doors.

2-minute walk to the beach
Shaded by the forest, about a two-minute walk to the beach, with a large outdoor living area.

3 bedrooms · 2 bathrooms
A 3-bedroom, 2-bathroom eco casita on the golf course. A good fit for families.

2 bedrooms · 2 bathrooms · pet-friendly
A pet-friendly 2-bedroom, 2-bathroom casita in the Ecocasita Village.

Eco casita · near the pool
Close to the pool, with a short trip to Panga Drops and Playa Colorado.

Condo · 5-minute walk to the beach
A second-floor condo across from the golf course, about a 5-minute walk to the beach.
Most days start early. The surf is usually cleanest in the morning, and the light on Playa Colorado at sunrise is worth getting up for even if you don’t surf. By midday people drift back for lunch, a swim or a nap in a hammock. Late afternoon is beach walks, a round of golf or a drink while the sun goes down over the water.
It’s greener than people expect. The community backs onto forest and the Río Dulce estuary, and it’s normal to hear howler monkeys in the morning and see birds you don’t have at home. Nights are quiet. If you want bars and nightlife you’ll need to drive, and most of our guests are happy about that.
Exploring the rest of the coast? Our Popoyo and Tola travel guide covers every beach nearby, and you can compare homes in Popoyo and Rancho Santana on our Tola rentals page.


Surf is the main reason people come to Hacienda Iguana. Lake Nicaragua sits just inland, and it helps give this stretch offshore winds on most days of the year. That’s a big part of why the waves here are so reliable.
If you’re new to surfing, Hacienda Iguana’s main breaks can be a lot. Beginners usually do better with lessons on a gentler wave nearby, like Beginners Bay in Popoyo, a short drive away, where our sister company Nicaragua Surf Camp runs lessons and surf packages. Plenty of guests stay in Hacienda Iguana and take lessons there.

In Tola, in Nicaragua’s Rivas department, on the Pacific coast next to Popoyo. It’s about two and a half hours by car from Managua airport.
Yes. It’s gated, quiet and spread out, with space for kids to roam, a long beach and a golf course. Just keep an eye on the surf, because Playa Colorado can have strong waves and currents.
The main breaks here, Playa Colorado and Panga Drops, suit intermediate and advanced surfers. Beginners are better off taking lessons at a gentler spot nearby in Popoyo.
Not necessarily. You can arrange an airport pickup and get around the community on foot, by bike or by golf cart. A car is handy if you want to explore Popoyo, Playa Gigante or Rancho Santana.
Yes. Once you’ve booked, send us your flight details and we’ll organise a driver from Managua or Liberia.
We also offer vacation rental and property management here: guest bookings, cleaning, maintenance and looking after the house when you’re away. See property management with Emerald Investment. If you’re thinking about buying in the community, our sister company Emerald Real Estate has a guide to Hacienda Iguana real estate and golf homes and lots.
See all our Nicaragua vacation rentals, or jump straight to another area.
Message us on WhatsApp at +505 8916 6916 with your dates and group size, or send us your trip details. We’ll come back with the homes that fit, plus transfers and tours if you need them.