LINK : http://www.nicabeachfront.com/cosi1.htm

Only 1 Large Beachfront for SALE - 19 beachfronts SOLD - Pacific Ocean, Nicaragua 

    11) Parcel 8N - 115 feet White Sand Beach, 8 acres, $50,000
50% owner financing- only need  $25,000  down !! 

Lot 8N- 4401.	Lot 8N- 4405.	Lot 8N- 4102.
Lot 8N- 4404.	Lot 8N- 3803.	0303.
0301.	4013.	Lot 8N- 4406.
Lot 8N- 4311	Lot 8N- 4313	Lot 8N- 4312.
4029.	3662.	4043.
4101.	Lot 8N- 4402.	Lot 8N- 4045.
3661.	Lot 8N- 4105.	Lot 7,8N- 3663.
Lot 8N- 4104.	3301.	4106.
3201.	4107.	3656.
4007.	Lot 8N- 4108.	3401.
1207.	Lot 8N, 8S- 4301.	4038.
Lot 8N- 4026.	4031.	4028.
4032.	1202.	4034.
3811.	4040.	Lot 8N,7,6,- 2901.
4035.	4037.	4042.
4016.	0402.	4041.
Lot 8N- 4109.	4039.	3804.
4120.	4036.	Lot 8N- 4103.

10) Lot 8 pics- 230 feet white sand beach,16 acres,House, $205K
50% owner financing- only need 100K down !!..Click to enlarge

4022.	3811.	4019.
1108.	0501.	4033.
0302.	4008.	4009.
4010.	4023.	1001.
3819.	4012.	4025.
Lot 8N- 4027.	4011.	4030.
4046.	Lot 8N- 4403.	4017.
Lot 8N- 4044.	4024.	3659.

     9) Pictures  Lots 14,15,16 ..Click to enlarge 

4201.	4208.	4203.
4207.	4205.	Lot 14- 4206.
4204.	Lot 15,16- 4310.	4202.

8) Pictures..Click to enlarge 

1201.	1002.	1203.
1206.	1109.	1208.
1209.	1210.	1211.

The Neighbouring  area
The area looks like San Juan del Sur before it was developed
The parcels are a rare opportunity since very few exist with that size (14.0 -37.0 acres) and they rarely come on sale especially at that price.

Price
Normally beachfronts in Nicaragua cost about $200,000 an acre or more on the beach
The price of $250,000 for 37 acres is more than an excellent deal.
Our parcels sell for less than $10,000 an acre beachfront !!
Owners are Nicaraguans not US or European expatriots. Americans and Europeans tend to ask higher prices for their beachfronts

Views This excelent beachfront has nice views of The Gulf of Fonseca . From the property you have views of various  islands and mainland that belong to neighbouring Honduras and El Salvador. Location This property is located  3 hours by car from the International Airport in Managua (the capital) 1.5 hours Managua to Chinandega 1.5 more hours Chinandega to the property

7) Latest pictures..Click to enlarge 

1215.	1216.	2201.
2801.	2802.	2805.
2806.	2807.	4020.
3001.	3101.	3103.
3402.	3403.	3405.

6) More pictures..Click to enlarge

3406.	3407.	3408.
3409.	3601.	3602.
3603.	3605.	3606.
3607.	3608.	3609.
3610.	3611.	3612.
3613.	3614.	3615.

5) Farm views pic's..Click to enlarge 

3616.	3618.	3620.
3621.	3622.	3623.
3625.	3626.	3627.
3629.	3630.	3631.
3633.	3634.	3635.
3636.	3637.	3641.

4) Newer pic's ..Click to enlarge 

3643.	3644.	3645.
3646.	3647.	3650.
3652.	3653.	3654.
3655.	3658.	3657.

3) Various pic's ..Click to enlarge 

3664.	4018.	3666.
3667.	3668.	3669.
3665.	3809.	4021.

2) More pic's ..Click to enlarge 

3705.	3706.	3707.
3708.	3709.	3710.
3711.	4014.	4015.
3810.	3660.	3805.
3806.	3807.	3808.

 1) Pic's ..Click to enlarge 

3812.	3813.	3814.
3815.	3816.	3817.

To see High Resolution pictures - 300 dpi, click the following link :
http://www.nicabeachfront.com/cosi1-300dpi.htm

Reason  for  Selling:
The Parcels belong to different owners. They had their parcels more than thirty years. They are selling for financial reasons.

Title
The property has a clear title. It is a fee simple title (like in the US) with no liens.
Title is registered in the Nicaraguan Land Registry in Chinandega.
Title is backed up by Title Insurance issued by "First American Title Insurance"    

Title Insurance Number : INT-0 300795

Site :  www.firstam.com

Recommendation Letters from our Buyers
 
1) Owner of Lot 0 - Corey S from Nebraska USA (A US attorney)


2) Owner of Lot 9 - Chris K from Ontario Canada


LINK :   http://www.nicabeachfront.com/cosi-recommend.htm

PRICE - Financing

Parcel	AREA	Beachfront	Price		AREA	Beachfront
No	Acres	feet  (linear)	US $		Manzanas	meters (linear)
Parcel  8N (North half Parcel)	8.0 acres	115 feet beachfront	50 K AVAILABLE		4.6	35.0 meter beachfront
0	3.4	471 feet beachfront	SOLD! Aug 2007, owner  Corey S, Nebraska, USA		2.0	142.7
1	17.7	537 feet beachfront	SOLD! Sept 2007, owner Charlie R, Arkansas, USA		10.3	162.6
2	13.4	410 feet beachfront	SOLD! Sept 2007, owner Charlie R, Arkansas, USA		7.8	124.2
3	14.3	421 feet beachfront	SOLD! Sept 2007, John P Margaret C Jeff S Shawn O Julian R CANADA		8.3	127.7
4	15.5	381 feet beachfront	SOLD! Oct 2007, owners Noe R NICARAGUA Kevin C California, USA,		9.0	115.5
5	17.0	499 feet beachfront	SOLD! Oct 2007, owners John F Karen O`C New York, USA,		9.9	151.3
6	18.6	256 feet beachfront	SOLD! Jan 2008, owner Skye R California, USA,		10.8	77.5
7	16.7	269 feet beachfront	SOLD!  Jan 2008,  owner  Skye R  California,  USA,		9.7	81.6
8S (South half Parcel)	8.0 acres	115 feet beachfront	Parcel & House SOLD!  April  2008,  owners  Stacey,Candace R  British Columbia,  CANADA		4.6	35.0
9	16.3	234 feet beachfront	SOLD! Feb 2008, owner Matt, Chris K Ontario CANADA,		9.5	70.8
10	15.8	261 feet beachfront	SOLD! Jan 2008, owner Skye R California, USA,		9.2	79.2
11	17.2	297 feet beachfront	SOLD! Nov 2007, owners Manny R Angela R Georgia, USA,		10.0	90.1
12	37.3	1246 feet beachfront	SOLD! Dec 2007, owner Patrick H British Columbia CANADA,		21.7	377.5
13	37.3	1256 feet beachfront	SOLD! Dec 2007, owner Patrick H British Columbia CANADA,		21.7	380.7
Parcel 14	2.2 acres	165 feet beachfront	SOLD! May 2008, owner Patrick H British Columbia CANADA,		1.3	50.0 meters beachfront
Parcel 15	2.2 acres	177 feet beachfront	SOLD! May 2008, owner Patrick H British Columbia CANADA,		1.3	53.5 meters beachfront
Parcel 16	3.3 acers	251 feet beachfront	SOLD! May 2008, owner Patrick H British Columbia CANADA,		1.9	76.0 meters beachfront
Parcel 17	3.4 acers	166 feet beachfront	SOLD! May 2008, owner Patrick H British Columbia CANADA,		2.0	50.2 meters beachfront
Parcel 18	3.4 acers	166 feet beachfront	SOLD! May 2008, owner Patrick H British Columbia CANADA,		2.0	50.2 meters beachfront

Owner financing up to 50% of the purchase price.
That means that the buyer pays only half ( 50%) of the asking price in cash,
and the rest 50% in affordable monthly payments at  9% annual  interest rate.
Example
if your parcel costs 100K you put only 50K down, rest  50K you make payments. You can pay in 3 years that is 36 monthly payments of $1600.
Broker participation welcome.

Closing - Fees
Closing, Legal, Land Transfer fees (to your name),  under $2K in Total.
Takes about 10 days (max) to close.
 

M1. Lots 14,15,16 Survey

M2.  Lot  17,18  Survey

M3.  Lot  8  Survey 8N - (Half North part) 8S - (Half South part)

 

M4. Lots 0,1,2,3,4,5 - Survey    ( To scale & PRECISE )
M5. Parcels  6,7,8,9,10,11 - Survey    ( To scale & PRECISE )
M6. Parcel 12 - Survey    ( To scale & PRECISE )	M7. Parcel 13 - Survey    ( To scale & PRECISE )

M8. Gulf of Fonseca

M9. Gulf of Fonseca El Salvador

M10. Geophysical Map

M11. Map - Nicaragua - Honduras - El Salvador

M12. Topographical  Map

Satelite Images

M13. Peninsula Cosiguina

M14. All Parcels

M15. Parcels 16,15,14,18,17 - 0,1,2 (South view)

M16. Parcels 14,18,17,0,1,2,3,4,5 (South view)

M17. Parcels 17 & 0-5 (West view)

M18. Parcels 14,15,16, 0 (West view)

Construction

Volcan Cosiguina - Surrounding area
A major tourist attraction this inactive volcano gets many visitors from US and Europe during the year. It is located at the back of the property about 10 miles away.
A wide variety of birds deer and other wildlife live in the area.

Chinandega
Right across from the property there are small shops to buy food supplies etc,
The closest big town is Chinandega about 1.5 hours from the property has restaurants  supermarkets,  schools and a population of about 300,000.

Highest point
Parcels 14,15,16,17,18, 0,1,2,3 are elevated above the sea level at about 6 feet (2 meters).
Parcels 4, 5 are elevated above the sea level at about 20 feet (6 meters).
Parcels 6,7,8,9,10,11,12,13 are elevated above the sea level at about 40 feet (12 meters).

Location - Coordinates
Latitude     13 deg 02'  North
Longitude  87 deg 37'  West

 Trip to the property - Potosi

          

Cool Climate
The properties get nice breeze from all directions, so it keeps the area cool.
The area has no mosquitos or insects because of the breeze

                   SUMMARY  
Laying on the Pacific Ocean beach front these properties are a enchanting combination of tropical climate, blue water, fresh breeze combined with 360 deg panoramic views, and a varierty of trees.

0. Property History
The property used to be a cattle farm and the previous owner also used to grow crops such as peanuts (mani)

1. ACTIVITIES  
The property offers excelent panoramic views of the neighbouring islands that belong to Honduras and Salvador inside the Gulf of Fonseca
The future owner can also enjoy  fishing on the Pacific ocean.
Volcan Cosiguina (inactive) that draws many international tourists can be visited. It is now a lake that many visitors hike to the top of it.
We have Two horses on the property, can also go horseback riding.

1A. VOLCANO COSIGUINA - CLIMBING
From the property in about 4 hours one can walk to what it used to be the crater.
It is now a  Lake.



1B. SPORTFISHING - MARINA PUESTA DEL SOL

The Yearly Game Fish Tournament was held Dec 5, 2008 at the Marina Puesta del Sol. The Resort offers a Marina has a nice Hotel and restaurant etc
See : www.marinapuestadelsol.com
Here is a 365 pound Marlin.

              

1C. VISIT THE ISLAND - Farallones de Cosuiguina
The neighbouring island is called Farallones de Cosiguina .It is about 2 miles from the property. Has plenty of fish, birds, pelicans and a nice reef to dive, It is still unexplored and untouched.
First       Pic is  taken from the top of the Volcano looking down.
Second Pic is  the Island



2. LEGAL  
This property is located in Chinandega, Nicaragua.
According to the Nicaraguan law, a Non-Nicaraguan:
   * can acquire property in Nicaragua, like a Nicaraguan citizen
   * can start a company and can acquire the property through that company.
In addition, for persons interested, it is very easy to become a permanent resident of Nicaragua. It takes approximately one year.
See abstracts from the US Embassy report at our site:
http://www.nicabeachfront.com/Embassy_report.htm

2a. Can I become PERMANENT RESIDENT of Nicaragua ? 
It is very easy to become a permanent resident of Nicaragua. It takes approximately one year.
After you buy a property that can be used as your investment and you become a resident as an investor.
For more info see :  http://www.nicabeachfront.com/cosi1Residency.htm
2b. Do I have to become RESIDENT to stay in Nicaragua ?
No. If you are not, or do not want to be, a Nicaraguan Permanent Resident :
All you do is to go to any Immigration office (there is one in Granada and in Managua) and extend your tourist visa for 3 or 6 months.
We have clients that live in Nicaragua that have been doing that for years.
Pay a small fee and get a tourist visa for six or three months in less than an hour...

3. Property tax or other yearly costs. 
Yearly property tax is $400 for each Parcel, no other fees exist..

4. ZONING
As discussed above, the area in not subject to any kind of zoning restriction. Properties can be used as private residences, resorts of any kind, or businesses. The local government is supportive of any kind of residential or commercial development.

5. TITLE INSURANCE - First American
For a one-time premium, an Owner's Policy of Title Insurance is your best protection against countless potential title defects that could deprive you of your ownership rights and the need for you to incur substantial legal expenses if a defect in your title arises

First American is one of the nation's leading, most experienced providers of title insurance, and number one in global title operations with nearly 1,200 offices and thousands of agents in the United States and abroad.This segment's businesses utilize information to protect real property buyers and lenders from problems that might affect title ownership.

          .
Site :  www.firstam.com

7. CLIMATE  
The climate is mild and dry similar to California
The properties cool down due to the nice breeze from the ocean

The rainy season is from June to August. During the rest of the year the climate is dry and comfortable.
For rainfall data see:
http://www.nicabeachfront.com/cosi1WeatherRainfall.htm

9. RELIGION  
In the area and most of Nicaragua the dominant church is the Roman Catholicism.

10. PEOPLE  and  POLITICAL  CLIMATE  
People from Nicaragua and Chinandega are very friendly and easy to talk to. The area is very safe due to its low population and absense of guns.
Pace of life is slow and relaxing. Many expatriots from diffenert countries already have invested and live in the area.

11. HOSPITALITY - CULTURE   
In the Cosiguina area of Nicaragua, visitors and investors receive "preferential treatment" by the local people. This happens because local people, not only welcome foreign investment but they are also very hospitable. This is a very open-minded society, culturally diverse that welcomes visitors and potential investors.

12. SURFING   
Most of the Pacific Ocean in Nicaragua has good surfing.
In front of Parcels 14,15,16, 17,18, 0,1,2, 3,4,5,6,7,8,9  the sea is calmer for swimming and has some surf waves.
At the Ocean in front of Parcels 10-13 you get good surf waves.
Also surfing is safe since the ocean has not any rocks just white sand beach.

         

13. What  about  Insects, mosquitos etc ?
The property has no stagnant water or mangroves so insects can not reproduce.
 The nice breeze that goes through the property keeps it free from insects.

15. MEDICAL  TREATMENT   
In case of emergencies there are small hospitals in  Potosi (20 min away) and several hospitals in Chinandega (2 hours away)hospital.
Also Managua is 3 hours away by car.

15A. Do I need any vaccinations to enter Nicaragua ?   
No vaccinations are required. If you like to vaccinate that is your choice.

16. What  about  HIGH - TIDE ?
The water high tide is 2 foot max.
The property has an altitude of 12 meters or 40 feet above the water level.
So you are well protected in case of waves, high wind etc

18. Has  the  property  been  SURVEYED ? 
Yes, all 20 Parcels  have been surveyed by a registered surveyor.
All Land Surveys are registered in the City Planning Department (Catastro) in Chinandega.

19. TELEPHONE  
Mobile phone service with CLARO and MOVISTAR both exist on the property.

 19A. INTERNET
Also Internet service is exists on the property
The same CLARO mobile phone gets conected to any Laptop or computer and you have fast internet.
Cost is $40 per month for the service
Of course many Internet cafes - with fast internet - are available in the area.

19B. Satelite TV
Can be installed anywhere in Nicaragua .Cost is from $20 to $35 a month depending on amount of Channels. Basic gets about 40 channels.
Site  www.skynicaragua.com  or  www.directv.com.ni

20. WATER 
We get our water from a well. By means of a water pump the water supplies are stored in a water tank on the top of a water tower. The well water is used for bathing, washing etc.
For drinking purposes we buy purified bottled water.
Well water can become drinkable if treated through chlorination and carbon filters.

21. ELECTRICITY - Generator  
Electricity can be generated through gas or diesel  generators, and solar or wind generators. Gas or diesel generators are inexpensive and can be bought  in Managua or Chinandega.
The property has electricity provided through a gasoline generator.Also we give you a second one for a spare.

21A. ELECTRICITY - SOLAR or  WIND POWER
If you need Wind or Solar system TECNOSOL or ECAMI (www.ecami.com) or any other company can come to your parcel give you the quote and install it all for you.
A mixed Wind -Solar System that can run a whole house about 6000W costs about $7-9000 installed. That includes Solar Panels, Solar Batteries, Wind turbines, Controller etc

22. COST OF LIVING  
Cost of living in Nicaragua is quite inexpensive. Salaries are also very low.
An average daily salary is about 200 Cordobas which is about US$10 per day. Food (for example beef, fish ,vegetables) and local material for construction, furniture etc, cost less in Nicaragua due to inexpensive labor.

23. IMPORTING Goods
These days you can find in Nicaragua almost everything that you can in the USA or Miami and at approximately the same prices. Nevertheless if you decide to import merchandise, there are several marine cargo shipping companies that ship to Nicaragua.
Smaller items you can send them via DHL .Fed Ex and UPS are also available.

24. Fresh Fruit / Vegetable, FOOD  deliveries 
There are several shops in the area so one can buy fresh fruits and vegetables.
One can arrange any kind of daily (or every 2-3 days) deliveries of fruits, vegetables or other items with the caretaker of the property. Fresh fish is abundant and inexpensive in the surrounding areas.

25. FLORA - What TREES can GROW there ? 
The soil is very fertile. Almost anything grows on it.
Previous owner used to put crops such as peanuts (mani).

26. Is it SAFE to TRAVEL & LIVE in Nicaragua ? 
The area of Cosiguina is designated as a tourist area is extremely safe.
The area is nice and quiet and very few people pass by.

27. Caretaker - Maid
We have a caretaker and his wife and their small child that stay on the property. He keeps the area clean, cut the weed etc. His wife works as a maid.
They are employees and have no squatter rights. The future owner decides if he wants to keep them, change them with others, or let them go.
The combined salary of the caretakers including their food is a total of only $200 per month.

27A. What about Squatters ? 
There are no squatters on the property. Also the caretaker is there to assure that no squatters can move in the property. If they do, you can move them out with the police since you have a Title and they do not. Also it takes the squaters several years - about 10 years - before they have any rights. In your case you have a title so you can not lose your property to squaters.  The caretaker has no squater rights since he is an employee and he receives a monthly salary.

28. INCOME  POTENTIAL - Vacation hideaway
Similar properties in the neighboring countries of Honduras Costa Rica and Belize sell for five or six times the price of this island. Accordingly, we predict that the appreciation over the next 5 years will be enormous due to the recent development progress in Nicaragua, also due to the recent improvement in the political stability.
The property can be used as a private vacation hideaway and has good rental potential.

29. Sportfishing  potential
The Pacific ocean offers a variety of species for sportfishing like tuna, marlin, rooster fish etc.

30. Resort - Renting out the property - potential
For example see : http://www.little-eden-cay.com a luxury island property that can be rented by week. We sold that island to the current owner 2 years ago.

31. TAX  INCENTIVES  
The Nicaraguan Government is very supportive of any  tourist activity in the area and gives the investor a 10 year 100% income tax exemption along with a permission to import free from taxes all goods related to your small or big tourist operation. For more info, see our page at:
http://www.nicabeachfront.com/cosi1TaxExemptions.htm

32. LAST MINUTE. . .DO NOT FORGET to Bring..
a) Pair of boots or at least close toe shoes, and a pair of Long Blue Jeans or other equivalent thick pants (trousers). This way you can hike away on the properties, over rocks etc.
b) Sunscreen and a cap or a hat for the sun.
c) Cash - US$ Many places in Nicaragua do not process - or delay a lot - with credit cards, same situation with travelers checques.
US Dollars are accepted in Nicaragua along with the national currency. 1 US$ is about 20 cordobas.

33. ACCESSIBILITY 
You first fly to Managua from the US. Managua is reached directly from Miami,  Houston, Los Angeles and Atlanta  by "American Airlines", "Continental",  "Taca" and "Delta".
The property can be reached from the Managua International airport in 3 hour drive.
All you have to do is fly to Managua the capital of Nicaragua. We can arrange the rest of your trip.

34. Who Flies to Managua ?
The following airlines all fly to Managua, Nicaragua

Also try  www.travelocity.com,  www.expedia.com  or  www.priceline.com

35. WHERE can I STAY if I decide to VISIT ?  

TYPICAL ITENERARY