Property has Everything – Location, Privacy, Ocean Views, Profitable Coffee, Waterfalls, 20 Segregated and Titled Building Sites, Farm Manager.
Very Profitable, $100,000, Coffee Farm, 70 Acre: 30,000 new plants for a harvest of more than 100,000 pounds of coffee in just 2 years, 40,000 next year. RainForest Alliance Certified.
Plus MORE - 20 segregated, titled lots ready to sell or build.
Over two years have passed since criminal groups invaded productive land in Nicaragua, and although there have been promises to restore the rights of the owners, up to date 29 properties remain taken.
In the context of the political and social crisis that erupted in the country in 2018, at the end of June of that year it was reported that at least ten private properties in Rivas, Matagalpa, Chinandega and Managua had been taken over by criminals.
The growing tendency to lease rather than buy, not only real estate and cars, but also services and products, is forcing traditional companies to reinvent themselves completely, not to be left out of the new digital and collaborative economy.
Although in Central America this trend is not yet as marked as in other regions of the world, companies that want to prevail in the future must pre-empt it and begin to redefine their long-term strategies, considering these changes that while leading the new generations, are not alien to other age segments of the population.
A new law passed by the Assembly compiles all regulations concerning foreign and local investment in real estate, in order to provide legal certainty to investors.
From a statement from the National Assembly of Nicaragua:
The National Assembly has unanimously adopted in its entirety, this March 9, the Law on Nicaraguan Legal Digest of Property Matters, which will guarantee legal certainty to Nicaraguans and foreigners wishing to invest in the country, said Deputy Edwin Castro, Vice President of the Commission of Justice and Legal Affairs.
Reports of increases from $75 to $500 per square meter have been made in some areas south of Managua and values up to $580 per square meter in the coastal department of Rivas.
The tourism boom seen in the areas in Rivas, followed by Leon and Granada are responsible for the increase in the value of the properties, some of which sometimes sell for $580 per square meter."...In the case of Rivas the increases occurred between 1996 and 2007 when the construction of major tourism projects was announced."
The Superior Council of Private Enterprise in Nicaragua has denounced the apparent illegality of the arrest of a tourism entrepreneur and the demolition of a $7 million hotel under construction in Ometepe.
From a statement issued by the Superior Council of Private Enterprise (COSEP):
The right to private property is inviolable
The Superior Council of Private Enterprise (COSEP), has been made aware of acts of governmental force which led to the arrest of businessman Milton Arcia and the total demolition of his property on the island of Ometepe, which were executed in an "arbitrary and illegal" manner affecting constitutional rights which are fundamental to the legal certainty required for national and international investment; a situation that can not go unnoticed and about which we want to present our union's institutional position:
Although there are cases still pending, the resolution of 52 claims made by 28 Americans is the reason that the country has been granted with a Property waiver until July 2015.
The United States Embassy in Nicaragua reported that "... from July 2013 to July 2014, 52 cases related to 28 American citizens were resolved, and that despite the progress achieved, there are still 154 property claims by American citizens pending. "
The Attorney General has invited U.S. citizens with outstanding property claims, to present their cases to a process that it advertises as fast.
The Nicaraguan Government is seeking to resolve in the short term all cases or property disputes that exist with U.S. and in through this dispel the usual objections for it not being granted a Waiver of Property by the U.S. government.
The World Bank has approved a $40 million loan to Nicaragua, which will go to projects related to the management of property rights in the country.
From a press release issued by the World Bank (WB):
More than 90,000 families will benefit as a result of a $40 million project approved on Tuesday by the board of the World Bank (WB). This is the second stage of the Property Ordinance Project (PRODEP II) which regulates property rights and modernizes the institutions responsible for the administration of land in Nicaragua.