5 Store Fronts and Home for Sale and Rent in Managua, Nicaragua

Huge Upside $$$ in This Great Commercial Center in Capital

This commercial center is in the "Zona Rosa" and it is a very well known area in the capitol of Nicaragua where one finds many restuarants banks and shopping places. This center would cost millions and millions of dollars in other cities. Naturally Nicaragua is not Miami but the real estate is on course to boom in the near future and all signs point to this fact. Most investment had been along the coast in San Juan Del Sur -fabulous for surfing and fishing and just gorgeous beach areas and fishing villages. But this center in the heart of Managua is a different kind of investment and many feel even better since there are way over a million people with a shortage of work spaces and commercial space in general-And this in Managua in Nicaragua's capitol.
This center has all the hallmarks of growth oriented fantasic upside potential. Indeed one would be hard pressed to ever unearth this kind of value elsewhere.

Right now I have a property manager and a lawyer running the center things are in good order from a less well organized past which I inherited as the "price of admission".

The potentinal here can easily become great. The house (presently being used as a house rental with much space) is on one level and could easily be turned into several stories. Advantageously for the developer and savvy investor- there are not height restrictions in Managua. Effectively this means one could double, triple or quadrupple the square footage by rennovating the structure adding more floors. Labor and materials is a fraction of what the costs are in the United States or other places. Don't pass this one up- you will be very sorry in the very near future.

This commercial center could be the key to your ultimate retirement. Essentially the project could be:

Phase 1. A set up similar to what is going on and with about 5 spaces rented
Phase 2.-fixing the house and renting in addition to the 5 office spaces ( This is presently being done and should be done in a few months.)
Phase 3. - adding a second story to the house and effectively doubling the capity to 6 to eight offices just for the house.
Phase 4. Add a second story to all of the center-effectively doubling all income . Construction costs in Nicaragua are quite cheap.
Phase 5. Build up on the entire space and go up several floors. The returns would be positvely huge. Rennovations work out to 40 to 60 dollars per square foot give or take some.

The seller may entertain trades with other similar valued properties but the absolute comparative value must be inherent in the trade. Act quickly before the price is raised much higher-take advantage now and move on this gold mine.

Think carefully about this one. Nicaragua has the potential here to be awesome-a fact so many Americans and Canadians and Euorpeans and Latin Americans have already discovered for themselves.