Lot 27 in Prana del Sol Nicaragua

IMG_9927fxsLot 27 resides on the North side of Prana del Sol overlooking the primary school, lush valley and back road of Gigante.  Just a short walk will get you to Amarillo beach and the cool offshore breeze runs over this lot daily.  Prana del Sol is located on the North-East side of Playa Gigante, looking over Gigante’s bay.

NAME: Lot 27
SIZE:  1617.09 m2
PRICE:  $23,000 USD

CONTACT: daledagger@gmail.com

The Prana del Sol community is only a five minute walk from one of the most beautiful beaches in Nicaragua, as well as the charming village of Gigante that has more stores and restaurants than the surrounding developments on the Tola coast. This is a new development with very few houses and like-minded owners who have agreed on yearly maintenance fees to build initial infrastructure (roads, gutters, drains, etc.) and those maintenance fees will be applied to future services (garbage, security, street lights, etc.) as the community develops. The maintenance fees reside at $400 per year for 1-3 lots. The maintenance projects are decided by a steering committee driven by the majority of the owners in Prana del Sol and all projects are done for the benefit of the community as a whole.

All it takes to buy a lot is a copy of your passport, signature on the sales agreement, and a 15% deposit via wire transfer. The balance is usually due within the next two months, and is negotiable with the owner. If you plan on visiting Nicaragua, we can take you to the lawyers office to get all the paperwork in, and it is a very simple process that doesn’t take too much time. If not, a limited power of attorney can be made available and all documents can be sent to you via secure mail. Many people choose the power of attorney option as sometimes the Nicaraguan registry system can take months to complete.

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