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Nicaraguan beachfront Properties still good
I have to agree on some of what is being said but the investment here is still worth the bother if you are facing Taxation from the US and Canada, Europe economic downfall now after the US. buying a beach from Lot here in my area is still less than 35,000
My clients are mostly from Canada and Europe and have bought lots and I have built their dream home (Villa)
We just closed on two more in October and plan to build two more villas in the area for these two other clients. Canadian and UK
What you must do is make sure the property is titled correctly and that it was not involved in a cooperative which was owned by many people for the purpose of growing food, now they are selling them , and this is where the problems start, I stay away from that kind of property.
I buy clean title, in this case its clean until 1897. One owner , never was a common property and the owners are some of the most respected people in Carazo.
Title Insurance is one option if you like that sort of thing. One of these were with American Title and the other was not . both closed with no problems and the letter of no objection from the attoney general was issued.
Carazo is 1.5 hours away from Managua and green and has water, unlike some of the SJDS properties
Fell free to vist the website below and write if you have any other questions.
Jorge Giraldez-Benard
Latin American Advisors Co. LTD
Managua, Nicaragua C.A.
Tel: 011 505 8825-8505
Email: JorgeGiraldez@yahoo.com
Projects: http://s492.photobucket.com/albums/rr282/JGiraldezB/
Providing feasibility studies for areas in Latin America and conduct research analysts.
Introduce European & U.S. developers seeking representation in LatinAmerica, Specializing in Nicaragua