Archive for June, 2008

Luxury home for sale in San Marcos

Monday, June 30th, 2008

Nicaragua is a great choice for buyers looking to enjoy a second home or condominium without breaking the bank.  The country offers a number of new and re-sale single-family homes in many popular tourist destinations at a fraction of the cost of other areas around Central America.

One home that is currently on the market in Nicaragua is located in San Marcos, just minutes from the beach.  This four-bedroom and four-bath home offers a total of 2,500 square feet of living space, set on nearly an acre of land.  This home was completed in 2004, and offers a long list of amenities.  The price for this vacation property is just $200,000, or less than $100 per square foot.

Amenities include a fully furnished kitchen with appliances, an island layout, and mahogany cabinets.  Residents also enjoy a laundry room, service bathroom, and furnished living room.  Bedrooms are also furnished.  This home also offers a tropical garden with water fountains and tall trees, the perfect place to enjoy a warm evening.

The beach is just a short distance from home, making it easy to enjoy a swim, fishing, or boating throughout the year.  This home is the perfect choice for buyers looking for an affordable opportunity in Nicaragua Real Estate.

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Benefits of investing in tourism in Nicaragua

Friday, June 27th, 2008

Investing in a tourism related business in Nicaragua gives you many benefits under the Tourism Incentives Law, passed by the government a few years ago.

Owners and operators of tourist establishments such as hotels and tours receive a number of tax benefits.  These include an 80 to 90 percent income tax exemption for federal tax, depending on the type of activity you’ll be engaging in.  Property owners receive a property tax exemption for 10 years, allowing you to invest in a new resort or hotel without worrying about costly taxes.

If you decide to continue to invest in Nicaragua Real Estate after the 10 years is up, you can receive another 10 years of tax exemption if you reinvest more than 50 percent of the original amount.

When it comes time to decorate your hotel, you’ll receive an exemption for import and sales taxes for any furniture, vehicles, equipment, and construction materials that you bring into the country, making it easy to build a hotel with the finest materials without being burdened by normally costly import taxes.  These tax benefits also apply to contracts for building design and supervision.

These benefits are making Nicaragua an attractive destination for investors.

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Retail and residential space for sale in Managua

Thursday, June 26th, 2008

Many people dream of setting off to a tropical country and starting their own business.  Now, that dream can become a reality in Managua, the capital city of Nicaragua.  There are many opportunities currently on the market in the country, including a home and five store fronts for sale.

The development is located in the Zona Rosa, a popular area of the capital.  The development offers a total of 5 units that can be rented out.  There is also the possibility to build the property up vertically, adding a second story or more, which would add even more value to the property.  The home is currently rented out, and can be a significant source of income, or used as your prime residence.

This opportunity is priced at just $325,000.  Potential rents can get as high as $3,000, or you can open your own business in one or more of the retail spaces and rent out fewer units.

Managua offers a number of modern amenities, including shopping, nightlife, and entertainment on par with the United States.  There are excellent connections with many major cities around the United States, making it easy to get to and from the US in just a matter of hours.

Don’t miss out on the many incredible opportunities in Nicaragua Real Estate.  Browse through the best new properties on the market today.

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