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Back  |  about Nicaragua  |  comparisons  |  add to favourites  |  send listing to friend
 
 Price : US$ 175,000 Type : Land - Sea View REF : NIC0011 

Nicaragua : Costa Paraiso, Pacific Coast                                                    WITHDRAWN


1.25 acres of land on a small cliff overlooking the Pacific ocean and only a 2 minute walk away from white sand beaches.

Nicaragua Ocean View Land


Costa Paraiso is on the most southern spot on the Nicaraguan Pacific Coast, just across the boarder from Costa Rica and on the North Shore of Bahia Salinas. The south shore is a world renowned kite-board location, getting wind that races down the hills from Lake Nicaragua 320 days out of the year. The North side, the Nicaraguan side, is very calm with little or no wind and hardly any waves.


This area has a Caribbean feel to it, with views are out of this world because of the golden mountain of Santa Elena melting into the deep crystal blue of the Pacific.


The area is also a good investment opportunity and will be near the Nicaraguan Pacific Coastal Highway which will pass nearby on it's way to the Costa Rican border.

 

 

The new road will make this area accessible from Liberia International Airport in Costa Rica in only 1.5 hours, where Costa Rican properties similar to this one are currently asking 10 x the price of this land.

Nicaragua Ocean View Land

Nicaragua Ocean View Land


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 25 Apr 2018