Frequently asked questions about Nicaragua real estate for sale
How much does 1 sq. m. of real estate in Nicaragua?
The average cost of real estate in Nicaragua is as follows: 1 sq. m. in the center of a large city will cost 760 US dollars, outside of it - 450 dollars.
What areas do foreign citizens choose to buy real estate in Nicaragua?
Housing in Nicaragua is most actively sold in the capital - Managua, in the resort of San Juan del Sur, as well as in the historical centers - the cities of Granada and Leon.
What is included in the package of documents required for buying property in Nicaragua?
To purchase housing, the following documents are required:
A valid passport;
Contrato de Compraventa - a purchase and sale agreement;
A copy of the tax return;
A document proving ownership.
Copies of municipal registration, a certificate of no tax liability, and copies of the cadastral certificate may also be required.
How much does it cost to maintain housing per year?
Taking into account municipal property taxes, the cost to maintain the house will range from $1,900 to $4,800 per year.