This was a very nice surprise. Aqua Nicaragua is situated in El Gigante and enjoys their private bay with white-ish sandy beach, live music on Saturdays, great fish and seafood menu, friendly staff, spotless clean rooms, my cabin was located very close to the beach and restaurant area so I didn't have to walk very far
the good:
-super attentive staff, they borrowed me mosquito repellent which I had forgotten in Managua
-plenty of extra activities available, from monkey to sea turtles, yoga classes, kayak riding, snorkeling, the works!
-breakfast and dinner food was just great
-at least my cabin was very well maintained, with AC and a fan which combined provided a nice cool temperature, I had a nice terrace overlooking the bay, a comfortable bed, and unbelievably stable WiFi connection in my room
the bad:
-if you are not situated by the beach, there will be a lot of walking in the wooden cat walks up and down stairs to get to the action area (beach, restaurante, etc.), but you do have to know that when you book this resort
-I would advise to come by 4x4 pickup to the resort (the roads are not great)
the ugly:
-nothing, I wished I was able to stay 1 more night :-)