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How to Buy Property in Nicaragua – Guide and FAQ

With year-round warm weather and a friendly and vibrant culture, Nicaragua is an undiscovered gem, the perfect...

With year-round warm weather and a friendly and vibrant culture, Nicaragua is an undiscovered gem, the perfect vacation retreat, and for many the perfect place to invest or relocate.

If you’ve ever wondered about the possibility of investing in emerging markets or simply would like to have your own vacation home, we will break down the steps to becoming a property owner right here in Nicaragua.

How to buy property in Nicaragua?

When looking into investing in Real Estate in Nicaragua, it’s important to seek out a qualified Agent or Realtor. Here at The Ranch, we have an on-site team of certified Realtors who will be able to assist you in your quest for the perfect place to build your dream home.

The team is available to offer in-person showings, but for those who are not able to come down, we can arrange a call before to scout different locations via videoconference.

Once you’ve found a property or house, you’d like to place an offer on, you will need to come up with a formal offer with your realtor to submit to the seller. Our sales team has exclusive access to comparable sales data. This information is valuable for buyer to review prior to making an offer.

Once you set a price with the seller, you will sign a private agreement document outlining the terms and conditions of the sale. After which you will need to make a customary 10% deposit that will be held in escrow until the date of closing usually 30 – 120 days, during which time the buyers and the closing law firm will do their due diligence.

After closing the property’s title will be dully registered in the local municipality.

Rancho Santana also offers financing options for all the properties for sale and towards the cost of construction, either a new home or a home to be renovated. Making it easier than ever to take advantage of everything this beautiful coastal community has to offer.

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Investing in Nicaragua Real Estate

Set between the Pacific Ocean and the Caribbean Sea, Nicaragua offers a vast variety of landscapes with tropical warm weather. From the vast mountains in northern Nicaragua where coffee and tobacco are commonly grown, to the tropical wonders of the Caribbean in the Corn Islands and the world-famous waves in the South Pacific.

Nicaragua has no shortage of natural wonders to discover and destinations to explore, with the added advantage of not being overly saturated with tourists or overly commercial. In this current stage, the country is experiencing growth in relevance and recognition throughout the world but with a way to go, which translates to an authentic and rich culture as well as a reasonable cost of living.

Types of Land for Sale in Nicaragua

here are a vast variety of landscapes when you are buying land in Nicaragua, which results in many types of property that could potentially be of interest. Real Estate in Nicaragua ranges from suburban towns and cities and extends to the more scenic coastal locations like San Juan del Sur, and Costa Esmeralda, where beachfront property or ocean views are the ultimate goals.

How to Buy Property in Nicaragua FAQ

– Can foreigners buy property in Nicaragua?

Yes, in Nicaragua, foreigners are able to buy property without acquiring citizenship or residency. Many people from around the world have invested and owned property throughout the country.

– How would a foreigner buy property in Nicaragua?

In order to purchase a property, you will require a title, which can be acquired different ways: as an individual, as a Nicaraguan corporation, or as a foreign entity. Once you have acquired the title, you will enjoy the same property as any Nicaraguan citizen would.

– Is buying land in Nicaragua a mistake?

People mistakenly believe that buying land in Nicaragua can be a mistake because of the government. While there is occasional government instability, buying land in Nicaragua can be a great investment. It is cheaper than neighboring countries, like Costa Rica. Nicaraguans are rich and vibrant people who are welcoming to foreigners and expatriates regardless of who controls the government.  The safest land to buy is in a community like Rancho Santana.

– Can you buy a house in Nicaragua with financing?

Bank loans can be difficult to obtain in Nicaragua. However, residential communities like Rancho Santana offer financing options. Rancho Santana has attractive financing options with terms of up to 10 years, down payments as low as 20%, and rates that are only 2% above US prime.

Rancho Santana Beach Front Properties

Here at The Ranch, ocean views abound. In fact, with 2,700 acres and five beaches, you’d be hard-pressed to find a property that isn’t either a short distance from the beach or has a mesmerizing view of the Pacific. That’s one of the key features that pique the interest of so many of our guests and people who visit us. With a fraction of the cost of nearby destinations like Costa Rica that have already been saturated with tourists, The Ranch offers resort services and the comforts of home in a setting that’s equal to none.

For those looking to buy a house in Nicaragua with more privacy, ridged-lined lots and houses are available with majestic views of the rolling hills within the property and the ocean. Many, however, enjoy the convenience of being close to where everything is happening, turnkey units like The Residences, Puerta del Mar Villas, and our Casitas are all located right at Playa Santana, the main hub where our clubhouse resides. A great spot for afternoon walks, a sunset cocktail and even enjoying your morning coffee at El Café with other residents and guests.

For those wanting something grander, we have a rotating listing of Ocean View Homes scattered throughout the property, all with incredible views and unique features. These are some of the most luxurious beach houses for sale in Nicaragua.

Interested to learn more about Real Estate at Rancho Santana? Book a 15 minutes call with Chris Currey, Executive VP of Real Estate.

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