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Investment Opportunities

A wonderful investment opportunity

Playa Pacifica Villas are located on 6 acres within the 2,500 acre master planned development of Gran Pacifica Golf and Beach Resort with 5.5 kilometers of beachfront on Nicaragua’s majestic Gold Coast just 45 minutes from the west side of Managua. The Villas will be the 62 individually-owned properties with access to delightful recreational amenities including golf, surfing, boogie boarding, horseback riding, swimming, bird watching, bicycling and sport fishing.

There will be professional management available to rent and manage your villa unit when you are away. This phase of the resort will include villa four-plex buildings, with two lock-off villas on the ground floor and two on the second floor. Nicaragua has been named the “new Costa Rica”, since the local government and businesses are banding together to attract the millions of people who seek owning a property in Central America. You do not need a time machine in order to capture pricing of a home that will, over time, reflect the growth that has been enjoyed by multitudes in other C.A. countries.

By owning now, before the next wave of investors arrive, you’ll be able to enjoy rental income and appreciation. Contact us for more specific details on these two bedroom villas. If you are a real estate agent, please go to our landing page for Realtors, and register to see how you can be included in our international business plan. The registration and continued information stream is provided at no cost to you, and NAR and CIPS members receive additional benefits.



Real Estate Investment in Gran Pacifica

Get Affordable Luxury with Beautiful Condos at Playa Pacifica Resort, Nicaragua

The increase of tourism and foreign investment has led to improvements in Nicaragua including the Coastal Highway, making Playa Pacifica Resort just north of the highway a quick drive to northern Costa Rica’s Guanacaste province. The pacific coast of Nicaragua is next in line for the Central America development and tourism boom. Playa Pacifica offers you condos, which you can buy as an investment to rent, or live in part of the year and rent for the rest. By developing this community with the infrastructure and resort amenities expected by North American and European consumers, we accelerate the return on investment to investors such as yourself. Once you buy a property to rent, you can relax and let the on-site rental management and concierge service handle all rental details for you. The rental pool at Playa Pacifica allows you to rent your condo without any worries. Simply sit back and enjoy the rental income available to you. In addition, Playa Pacifica is unique in the region in offering pre-approved financing through Caye International Bank.


Wonderful Investment Opportunity with Potential

Does the developer have full and clear title to the property?
Lion Shark Limited has free and clear title to the property and Alianza Abogados Law offices will provide your attorney with the Nicaragua condo title records at closing. Lion Shark Limited has established a trust account with our lending institution to receive payments from your local bank. It is not necessary for you to be in Nicaragua on the day of closing of your real estate transaction. If you don’t expect to be in Nicaragua on the day of closing, you will need to make sure that a valid Power of Attorney (POA) is in place, which once approved by our legal personnel allows your representative to sign on your behalf. The POA document must be notarized here in Nicaragua by a licensed Nicaraguan lawyer. You can own your purchase condo unit in your own name. You can also own the condo in the name of a Nicaraguan corporation, or in the name of a foreign corporation or trust. Owning in the name of a Nicaraguan corporation is common; however, it requires the creation of Nicaraguan corporation with a minimum of two shareholders. Owning Nicaraguan property in your own name is by far the easiest option. Playa Pacifica Resort Alianza Abogados Law Offices has been selected to close all condo sales of real estate transactions. Using Alianza Abogados Law Offices is done to simplify the closing process, ensure deed consistency and reduce costs.

How much should I budget for closing and annual property taxes and monthly owner’s association dues?
Annual Nicaraguan property taxes are 1% of the assessed value of the property. Playa Pacifica values are assessed annually on a per meter basis. Therefore, your land is worth the assessed square meter value for your property multiplied by the number of square meters you own. In most cases the assessed property value for tax purposes is lower than the purchase price of your property. Your property taxes are due by March 31 and are payable to the Villa el Carmen municipality. You should expect to pay approximately 4% of the purchase price in closing costs. The exact amount will depend on what is negotiated in the purchase and sale agreement. An approximate summary of typical closing costs for a Nicaragua real estate transaction is as follows:

  1. Land transfer tax (1% of purchase price or cadastral value—whichever is higher)
  2. IMI tax (1% of purchase price or cadastral value—whichever is higher) Please note: IMI tax is a municipal revenue tax and is really the responsibility of the seller; however, the responsibility of the IMI tax is typically negotiated between the buyer and seller. The IMI tax is currently only charged in certain municipalities (e.g. San Juan del Sur)
  3. Lawyers’ fees are generally 1% of the purchase price (typically with a minimum of $500). This fee percentage is negotiable for larger purchases (e.g. over $200K).
  4. Title registration taxes and fees. These costs are generally 1% for purchases under $100K, and otherwise vary.

Over the past few years, the country has been experiencing unprecedented growth in many sectors, such as tourism, textiles, services, and agribusiness. The government recognizes the value of foreign investment in furthering the country’s socioeconomic growth, and therefore offers many incentives to invest in Nicaragua.

Nicaragua has experienced sustained economic growth in recent years. In 2012, Foreign Direct Investment (FDI) inflows accounted for $1,284 million dollars (US), which represents a growth of 33% from the previous year. The FDI as a percentage of the total Nicaraguan GDP was 12.2%, which is well above the average of 5% for Central America.

The Foreign Investment Promotion Law (344) is the main legislation governing foreign investments in the country. This law guarantees the equal treatment of foreign and domestic investors. No restrictions are imposed on converting foreign currency in Nicaragua or transferring funds. All capital and profits can similarly be repatriated to a company’s home country without any restrictions. In terms of ownership, the law protects the right of foreign investors to own property in Nicaragua, and also protects any brands, patents and intellectual property rights.

One of the most attractive reasons for companies to invest in Nicaragua are the fiscal incentives offered by the government. These include many tax breaks which vary by sector, but most include a 100% tax-free incentive for the first ten years of investment on VAT, income tax and more. If the investment in Nicaragua continues beyond these first ten years, the tax-free incentives can often be extended for a further decade

Nicaragua has also signed free trade agreements with many countries, including the United States, Mexico, Panama, Taiwan, the Dominican Republic and Chile. An Association Agreement with the European Union came into effect on August 1, 2013. These free trade agreements lift the customs duty on the import and export of many goods and give Nicaragua preferential access to markets serving more than 1.5 billion people worldwide.

Nicaragua is characterized by its hardworking and capable labor force, which is known for having a fast learning curve and low rate of absenteeism and attrition. The Nicaraguan workforce is comprised of 2.99 million people, of which, according to figures released by the Central Bank of Nicaragua in 2011, approximately 6% are unemployed and nearly half are underemployed. This means there is a vast potential labor pool available, especially for labor-intensive industries. This country has the most competitive cost structure in the Central American region, with a average US$1 dollar per hour. This means that employing workers in Nicaragua can strengthen your company’s global competitiveness by significantly reducing human capital costs. The Tripartite Agreement, signed between the private sector, government and unions, has established the minimum wage for the next three years for manufacturing operations, which allows companies to plan ahead and project their labor costs for 2014-2017. Nicaragua’s workforce is also very young and qualified. 77% of the workforce is under the age of 39. Many Nicaraguans are bilingual and have completed a university degree in fields such as business administration, engineering and IT. At the moment, Nicaragua is experiencing a phenomenon of “reverse brain drain”, in which many qualified professionals are returning to their native country from overseas and enriching the Nicaraguan job market with the intercultural experience and business skills they acquired abroad.

Investors can leverage condominium ownership with special financing arranged by the developer. Terms can be for as long as 20 years, allowing for rental returns.

Receive pre-completion special

11 + 2 =

Investors can leverage condominium ownership with special financing arranged by the developer. Terms can be for as long as 20 years, allowing for rental returns.

Receive pre-completion special

3 + 11 =

Investors can leverage condominium ownership with special financing arranged by the developer. Terms can be for as long as 20 years, allowing for rental returns.

Receive pre-completion special

9 + 1 =