There has never been a better time to purchase real estate in Nicaragua. Currently the country boasts some of the best prices for the nicest plots of land in Central America. Dubbed “the new Costa Rica” by many, Nicaragua has been receiving more and more attention from foreign investors. There are, of course, a few things you need to watch out for when purchasing property.
When the Sandinista government was still in control the enacted a program called Agrarian Reform, where properties were 
unjustly taken from their rightful owners and redistributed. Now, the original owners are looking to get their land back, and there are still many unresolved property disputes.
That is why it is best to use a reputable real estate attorney before buying any property. Things they will look for include a proper title that is registered with the city’s Property Registry Office. All the documentation, include a 25 year history of the title, and property and municipal tax records should be given to you. Companies like Nicaragua Realty specialize in helping foreigners settle in Nicaragua.
Facebook
Twitter