Vacation Homes in Nicaragua are poised to be the hot buy of 2009. The Nicaragua real estate market has been maturing over the past decade and it is ready to explode. Baby boomers are getting set to retire and they have just started to discover Nicaragua.
Nicaragua is located in the heart of Central America. Historically associated with civil war, it is now associated with charming villages and beautiful beaches. Direct flights into the capital Managua are now available from a number of U.S. airports. In the past five years, the tourism industry in Nicaragua has experienced impressive double digit growth.
Nicaragua has unsurpassed natural beauty and super exciting tourism related activities. Such attractions and activities include world class surfing and sport fishing, volcano snowboarding, exploring colorful colonial cities, relaxing on one of the beautiful beaches, golf, hiking along fresh water lakes and rivers, canopy tours, bird watching, turtle watching, exploring the local markets or visiting a coffee plantation in the mountainous regions.
Nicaragua has a fascinating cultural history and customs and boasts excellent world class hospitals. It is only logical that Nicaraguan real estate has become the hot buy amongst those looking for an affordable place to retire. As an investor you may also be eligible to receive some compelling tax incentives under Nicaragua Law 306. Law 306 allows an investor or developer tax incentives for 10 years.
Foreigner investors are entitled to hold fee simple title to Nicaragua property in their own names. Title insurance is also available from some of the most reputable American title insurers to further ensure your peace of mind. Nicaraguan real estate is a very safe investment.
The Nicaragua real estate market still remains untapped, compared to some other retirement places such as Costa Rica, Belize, Florida and Mexico, and therefore many great deals can still be found. It's only a matter of time before Nicaragua real estate becomes more expensive. Beachfront homes can still be a reasonable purchase here for the average person. Food and health care and cleaning services costs are a fraction of that in North America. The reasons to buy Nicaragua Real Estate are endless.
Nicaragua is located in the heart of Central America. Historically associated with civil war, it is now associated with charming villages and beautiful beaches. Direct flights into the capital Managua are now available from a number of U.S. airports. In the past five years, the tourism industry in Nicaragua has experienced impressive double digit growth.
Nicaragua has unsurpassed natural beauty and super exciting tourism related activities. Such attractions and activities include world class surfing and sport fishing, volcano snowboarding, exploring colorful colonial cities, relaxing on one of the beautiful beaches, golf, hiking along fresh water lakes and rivers, canopy tours, bird watching, turtle watching, exploring the local markets or visiting a coffee plantation in the mountainous regions.
Nicaragua has a fascinating cultural history and customs and boasts excellent world class hospitals. It is only logical that Nicaraguan real estate has become the hot buy amongst those looking for an affordable place to retire. As an investor you may also be eligible to receive some compelling tax incentives under Nicaragua Law 306. Law 306 allows an investor or developer tax incentives for 10 years.
Foreigner investors are entitled to hold fee simple title to Nicaragua property in their own names. Title insurance is also available from some of the most reputable American title insurers to further ensure your peace of mind. Nicaraguan real estate is a very safe investment.
The Nicaragua real estate market still remains untapped, compared to some other retirement places such as Costa Rica, Belize, Florida and Mexico, and therefore many great deals can still be found. It's only a matter of time before Nicaragua real estate becomes more expensive. Beachfront homes can still be a reasonable purchase here for the average person. Food and health care and cleaning services costs are a fraction of that in North America. The reasons to buy Nicaragua Real Estate are endless.
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