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 Price : US$ 79,000 Type : Home - Apartment / Condo REF : NIC0023 

Nicaragua : Iguana Beach, Pacific Coast                             SOLD                                         Nicaragua Apartment



1 bedroom, 1 bathroom apartment set within a luxury resort with restaurant, pools, golf course and beautiful white sand beach.

Nicaragua Apartment


This apartment is located in an establish high quality resort. The apartment is easy to rent when not in use and is an ideal investment property. 

 

Nicaragua Apartment

Nicaragua Apartment


The apartment, which has a floor area of 1,054 sq feet, is being sold fully furnished to a very high standard and with all appliances.





 

 

 

 







The large open plan living area, dining room and kitchen is air conditioned, as is the bedroom.

Nicaragua Apartment

Nicaragua Apartment

 
All the interior photos were taken in the evening, and nicely show off the attractive recessed lighting.

Nicaragua Apartment

The resort has a swim up bar, small social tub and a large swimming pool, as well as a 9 hole golf course, set within several acres of parkland.

Nicaragua Apartment

The total annual association fees for this apartment, including golf course maintenance, is $3,000, which is easily covered by rental income.

Nicaragua Apartment

Nicaragua Apartment


This very affordable apartment is located in a very successful established golf and beach club and is ideal as an investment property that can also be used an enjoyed by the owner.


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



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 land in Nicaragua, click on either about Nicaragua or Nicaragua

 

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Last Updated On 16 Oct 2018