U$0.50/sq.ft U$5.00/m2 U$5,000/ 1 quarter acre
Nicaragua has become one of the major destinations for investment in Central America.
The country is now shaping up as one of the countries with greatest potential to develop different industries, among which, I might mention, the energy generation industry, free trade zones, tourism industry, real estate, agriculture and fisheries.
In Nicaragua, we have a Foreign Investment Law. This law provides for freedom to make investments, free expatriation of capital, access to local financing and property protection.
All these elements are combined with the efforts of the private sector to make a good business atmosphere.
One of the most interesting oppoprtunities offered by this country is the tourism industry, which has considerably grown since it was established in Nicaragua a legislation that encourages the activity through tax exemptions according to the activity.
Nicaragua is the beating heart of Central America, a nation rising quickly to become the next great tourism destination and real estate market in the world.
Safe, affordable, peaceful, and culturally diverse, this environmentally stunning country is teetering on the edge of a property boom fueled by foreign interest.
Nicaragua has both Pacific and Caribbean shorelines, a tropical climate and a wealth of natural phenomena from virgin beaches to living reefs and from volcanic chains to dense rainforests.
Easily accessible on major airlines from cities around the globe, Nicaragua is a prime location for the second home buyer and paradise for retirees on a limited social security income. Flight times from southern cities in the United States are under two and a half hours.
Many developers have joined in the booming real estate market in Nicaragua hoping to follow the example of Costa Rica across the southern border (see previous blogs on San Juan del Sur, Tola).
However many real estate developers have unfortunately aligned their prices with the neighbour country, while real opportunities do exist if you know where to look at.
Our land development in the area of Casares one hour away from Managua probably offers right now the best deal in terms of quick potential future values.
Now priced at U$0.50 per sqft or $5.00 per m2 or $5,000 for a quarter of an acre of developed land with alphalted roads, full utilities, water, electric and internet access, it will only go up with our marina project underway.
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