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| Viviun -> AD-96648 : Lowest Priced Caribbean Ocean View Lots On Growing Island - Ocean View Lots For Sale in Nicaragua | ||||||||
Ocean View Lots For Sale in Nicaragua Lowest Priced Caribbean Ocean View Lots On Growing IslandAsking Price: $45,000 - $65,000 USD (Financing Available) Big Corn Island was named the number one undiscovered island in the world by the L.A. Times. It was also Ranked as one of the top five caribbean islands to invest in by newire real estate investment magazine. This is an opportunity to get into a an investment grade caribbean island. The lots are 1/4 acre each with fantastic ocean views approximately 2 blocks from a beautiful white sand beach. Big Corn island offers world class reefs for snorkeling and scuba diving, their are sunken spanish ships offshore. There is power and several small hotels and restaurants and a bank. Big Corn island now has fiber optic installed for High speed internet and video Corn island is approximately four square miles and has a population of approximately 7000 people. The primary employment is lobster fishing. This is truly a Corona commercial location. The people are warm and friendly and there is no crime on the island to speak of. The investment opportunity is unbelievable. Corn Island has just announced the airport will be turned into an international airport next year. This will make it the second international airport ( Managua is the other) in the country. 2008 will also bring in the first cruise ships with three scheduled stops in 2008. Currently you can reach the island by air ( 6 flights daily from Managua) or boat from Bluefields. Do not miss out on this once in a lifetime chance to own a piece of paradise. We have an attorney in Managua who can handle the transaction for you if you do not wish to travel for the closing. He is an approved attorney by First American Title out of Miami Florida. Title insurance is available at buyers expense. A 4% transfer tax is due at closing. An annual property tax of 1% is based on the assessed value that typically is 50% or less than real market value. There is a road maintenance fee of $15.00 per month and a $15.00 per month fee to keep the lot cleared of vegetation, This fee goes away when you build a house on the property. Construction cost on the island average $45.00 to $65.00 per sq. ft. turnkey. We are Builders who can Handle all of your construction needs or we can refer you to a local builder. We can also assist you in renting your house out for vacation rentals. New homes on the island average $700.00 per week for vacation rentals. Nicaragua is only a three hour flight from Miami Fl. and Houston TX. Last year tourism replaced fishing as Nicaragua's leading industry. Financing is available.
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