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 Price : US$ 89,000 Type : Land - Beachfront REF : NIC0034 

Nicaragua : Ostional

 

SOLD




Ostional Beachfront Land

 

 




Pretty 1/4 acre beachfront lot, located just North of the fishing village of Ostional.

Nicaragua Ostional Beachfront

The plot which measures 1,000 square metres, or approx. 1/4 acre is right on the beach.

Nicaragua Ostional Beachfront

Access to the land is via an unpaved road over some unspoiled farmland.

Nicaragua Ostional Beachfront



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 23 Nov 2017