Archive for the ‘Property Advice’ Category

A private tour of the finest real estate in Nicaragua - with the Choose Nicaragua developers.

Following the tremendous success of the Choose Nicaragua tours in February, we are delighted to announce three new April tour dates. 

Join us in April for the same insider access to the top places in Nicaragua to live and invest.

That is not a glib marketing statement - these market leaders represent the finest properties and investment opportunities across the country as a whole.  We at Coldwell Banker Nicaragua have been working in-country long enough to know the difference between quality and hype.

Here’s some feedback from the February 25-27 Choose Nicaragua tour:

“The ‘Choose Nicaragua Tour’ exceeded all our expectations!  With so many quality and diverse developments represented by professional and sincere agents from Coldwell Banker. The no pressure, informative approach made it a trip to remember, highlighted for us with new friendships and a new vacation / investment property.  Many thanks to Ashley, Brooke & Sam from Coldwell Banker and all the developers who shared their vision of Nicaragua with us.”  Pat & Kim Hamson, Alberta, Canada.

The properties we show you on tour appeal to both head and heart. You’ll first connect on an emotional level, then you’ll run the numbers, as we have done, and see the hard logic of the investment.
 
Click here to learn more about the tour
 
We urge you to make your arrangements right away to take advantage of the special offers from the Choose Nicaragua developers. The special prices, as with all good things, must come to an end. They will only be available for participants on the private tour visiting the country before April 30th 2008.

The Choose Nicaragua tours will run on the following dates: Friday April 4 to Sunday April 6; Friday April 18 to Sunday April 20 and Friday April 25 to Sunday April 27.  

We look forward to being your host in beautiful Nicaragua.

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Posted in Property Advice, Nicaragua real estate | 1 Comment »

News on Guacalito, Nicaragua, Real Estate

Just when everyone seemed to think that the Pellas Group was going to land-bank the property at Guacalito until sometime around 2011, it was announced in La Prensa, one of Nicaragua’s major Spanish languange newspapers, that they are going forward with a $350m development.

I suspected something might be afoot as I was recently there and saw a jet-ranger helicopter departing. I chatted a bit with security personell who were on-site at the time in an effort to learn who the visitors were. The guard had never seen any of them before with the exception of the person who was appointed to manage the land for the time being.

Needless to say, there was a reason a very expensive helicopter arrived with 6 passengers. I think we now know the reason. There are a few lots for sale there at the time which I think are a bargain at the moment.

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Posted in Property Advice, Nicaragua real estate, Surfing in Nicaragua, Nicaragua in the news | No Comments »

True beachfront property is highly sought after at Hacienda Iguana in Nicaragua

Investors and visitors who look for beaches with breathtaking beauty are attracted to Iguana

We are pleased to announce an opportunity for true pristine beachfront - a 1 acre property where you can step right onto the sand of one of Nicaragua’s finest beaches.  A completed golf course; the Colorado surf break -the most famous in the country- flaming red sunsets and access to all the amenities at Hacienda Iguana beach resort complete the picture perfectly.

Beaches, surfing and golf - a magnetic combination

Beachfront property in Nicaragua has shown to appreciate at a faster rate than ocean-view property.  Combine this with some of the best surfing on the planet; the fastest growing real estate development in the country and a completed golf course … the result - a great investment option and lifestyle buy.

Everything’s up-and-running already

Right now, development along Nicaragua’s south Pacific Coast is booming.  This is great news for the buyer looking to move into a first-rate community where everything’s up and running.  At Iguana you don’t have to wait for amenities to arrive.  You can enjoy them right now.

For more information click here.

Nicaragua is rapidly coming under the spotlight of those seeking a tax efficient country in which to live, an affordable country in which to retire and a place of outstanding natural beauty to revel in.  The boomers have not yet arrived in mass - but they will.  The demographics are set for growth.  Titled, fee simple true beachfront property such as this will attract the highest demand.

This 1 acre property, with fee simple title is exclusively listed with Coldwell Banker and combines 2 separately deeded 1/2 acre properties. The asking price is $360,000.

Contact us here for more information.

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Posted in Property Advice, Nicaragua real estate, Featured properties, Tola and Popoyo, Surfing in Nicaragua | 2 Comments »

Seven Steps to Nicaraguan Property Success

Buying property and investing in Nicaragua is easier than you might think but there are still a few rules you should stick too.

We hope you find our seven tips to remember useful. Happy investing!

1. Work out what market is right for you and focus there. In this respect there is little difference with property investment anywhere. A bigger gamble can reap larger profits but here your gamble might mean buying off the beaten track with few amenities.If other speculators catch up with you then your investment will accumulate.

2. Don’t believe the hype. In most developed countries what you read is, by law, what you get. In Nicaragua you need to find advisers you can trust and don’t be fooled by anybody’s spin. There is no comeback if you’re taken in by the hype and exaggeration. Buyer beware. Check your info from as many sources as you can.

3. Understand the link between tourism and real estate. You want a good investment - then check out where tourism is growing because real estate prices will follow. But if you just want a holiday home, in the truest sense of the word, find property in an established resort. Rental returns will be highest that way too.

4. Choose a good attorney. Gain an understanding of the local expertise. English speaking is obviously good, if you struggle with the Spanish. But you also have to know that they will commit to regular communications with you. Some real estate developers will try and persuade you to use their team for property purchasing. Our advice? Get independent legal advice at least to review the contract.

5.Make title insurance non negotiable. It might be bureaucratic and cumbersome but we recommend taking out title insurance for all property purchases in Nicaragua. Seeking it will also ensure that you attorney digs a little deeper into the title history of your property and follows a set of criteria for its reporting. Make sure you seek out well-established title insurance companies with good local track records.

6. Don’t assume you can finance your purchase. You might find it very hard to get a loan here and even harder to get competitive rates.

7. Give something back. You are buying into a community. At every level it is in your interest to give back and to help that community prosper. What you give is up to you: employment, your time or resources. It’s also a great way to make friends and to be accepted.

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Posted in Property Advice | 2 Comments »