Archive for the ‘Property Advice’ Category
True beachfront property is highly sought after at Hacienda Iguana in Nicaragua
Saturday, July 7th, 2007Investors 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. The lure for titled, fee simple property where you can walk right onto the beach, is strong – there are entire sites devoted to the coverage of beachfront property – and what is on offer here will continue to attract the highest demand when compared with other property categories.
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. And the beach here is simply stunning. Wide, long and sweeping and framed by two dramatic headlands that turn pink at sunset. Check out the photo below.
Contact us here for more information.
The surf breaks at Iguana are featured on the Surf Nicaragua vacation packages offered by Awiderview.
Seven Steps to Nicaraguan Property Success
Friday, June 8th, 2007Buying 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. 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.
3. 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.
4. 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. Be prepared to do some of the legwork yourself - Nicaragua real estate is not governed by a Multiple Listing Service. This means that there is no central database on properties available on the market. So unlike looking for San Pedro CA Homes for Sale for example, you can’t simply walk into a real estate agent’s office and expect to receive a printout of all property for sale. And of course forget sorting this list further by number of days on the market, price, proximity to amenities and so on.
7. 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. But do ask for seller financing, as there is more available these days.
8. 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.
