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 Price : US$ 175,000 Type : Home - House REF : NIC0018 

Nicaragua : El Transito

 

SOLD

 

El Transito Home for Sale

 





5 bedroom, 2 bathroom cliff top home with panoramic views over the Pacific Ocean and just a short walk down to a sandy beach.

Nicaragua El Transito Home

 

The house is constructed on solid rock with a spectacular view above the natural cliffs of the bay

Nicaragua El Transito

Nicaragua El Transito Home

The living area has been built with brick walls that are strengthened with anti-seismic steal and concrete.

 

 

 

Nicaragua El Transito Home

The house is built to European standards, using the best materials available, with many materials imported directly from Europe.

 

 



 

The ceramic floor tiles for both floors and balconies were imported from Spain. Window frames, colonial decorations and doors have been made from the finest mahagany, and there is a large tank to guarentee the water supply.

Nicaragua El Transito Home

Nicaragua El Transito Home

The accommodation includes :-

5 bedrooms;
2 bathrooms:
a living room:
fully equipped kitchen:
2 balconies:
parking lot for 10 vehicles. 

Nicaragua El Transito

The house has a total floor area of 2,798 square feet and sits within 23,672 square feet of land.

Nicaragua El Transito Home

Nicaragua El Transito Home

 
This very affordable home is located in a commanding position overlooking the Pacific Ocean and is perfect for anyone seeking a vacation home suitable for use for an extended period of time.

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 20 Nov 2017