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 Price : US$ 550,000 Type : Commercial - Land REF : NIC0027 
Nicaragua : nr Hacienda Iguana


WITHDRAWN



Nicaragua Development Land for Sale






88 acres of splendid development land in the foothills behind the developments of Hacienda Iguana and Rancho Santana.

Nicaragua Development Land

Several beaches are just a short drive away from this picturesque acreage.

Nicaragua Development Land



The development land has panoramic views and endless commercial possibilities due to the almost 2300 ft of frontage on the new proposed coastal highway.

 

Nicaragua Development Land

Nicaragua Development Land

This 88 acres of land offer many possibilities due to it's ideal location near the established developments of Rancho Santana and Hacienda Iguana and it's future coastal highway frontage.


For further information on this property click on the Contact Us buttons at the top or bottom of this page.

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Nicaragua Property Buying Information

Foreign Ownership of Property
Foreign nationals may own property in Nicaragua either personally, using a Nicaragua registered corporation, or under a US. Trust held by a Nicaraguan Corporation.

Building Costs
Most properties in Nicaragua are constructed from concrete blockwork, brick, reinforced concrete and tile with most of the properties sold through our real estate agents provided with a new plot plan. The cost of building a house in Nicaragua is approximately $40 to US$70 per square foot. Generally, roads and utility services can be carried to a property reasonably easily, depending on the local terrain.

Property Taxes
Nicaragua property taxes are very inexpensive. Annual property taxes approx. 1.5% of the assessed property value, which is 50% or less of market value. Farmland comprising of up to 30 manzanas (51.6 acres) is exempt from real estate tax.

Property Insurance
Properties in Nicaragua may be covered by local insurance companies for fire, earthquake and floods but not for acts of war.

More Information
For more information on buying a property in Nicaragua, click on either about Nicaragua or Nicaragua

 

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Last Updated On 24 Apr 2018