Paradise is epitomized by warm tropical breezes and swaying palm trees.
But for most, the ultimate in paradise is an beachfront home where the beach lies at one’s doorstep and the blue waves lap at the shore.
After all, what could be better than having a home right on the beach?
Lately, however, concerns about coastal laws have made this dream seem perhaps out of reach.
For those intrepid buyers who are steadfast about living the ultimate paradise, two questions are salient. One, are there restrictions on foreign ownership?
Two, how close to the shore can one build?
In Costa Rica the Maritime law applies to a full 200 meters from the high tide line, which by law belongs to the state.
In Mexico foreigners are not allowed direct ownership within 100 kilometers from the border and 50 kilometers from the ocean. Fifty kilometers!
Nicaragua, however, there are no restrictions on foreign ownership and you can build your home just 50 meters from the sea.
Step out your door and you’ll find yourself on a soft sand beach. It does not get any better than that. In Nicaragua, the ultimate paradise is alive and well.
Now with the passage of the coastal law things have never looked better.
As of June 5, 2009, the new coastal law establishes a clear and irrefutable set of rules that guarantee land ownership along Nicaragua’s sought-after lakes and coastlines.
The law states that oceanfront land within 50 meters of the high-tide line is public domain, as is land within five meters of lakes and lagoons. Rivers are exempt.
The coastal law provides a clear mandate that removes uncertainty.
The law ensures private property ownership that is just a short distance from the high tide line, giving buyers access to the sumptuous beaches that span the Nicaraguan coastline.
Furthermore, the law protects previous buyer who may have built even closer to the shoreline.
As stated, “All land legally acquired prior to the law will be respected, as will all pre-existing structures and permits for land use or development within the affected coastal zones.”
Prior to the passage of the new coastal law, investors were concerned that the coastal law could restrict access within 800 meters of the shoreline. Many projects were put on hold, estimated to be approximately $1 billion in tourism and residential property development projects.
The new law, which passed unanimously, features the kind of favorable conditions that are likely to spur a boom in building and development.
Ultimately the Nicaraguan economy will benefit, as will investors who were wise enough to get in early It is estimated by Nicaragua’s Construction Chamber that the passage of the new coastal law could create 10,000 new jobs in next ten years.
Building in Nicaragua is still significantly cheaper than Mexico, Costa Rica or Panama, which provides even more value to investors.
LAYA is anticipating the demand and is ready meet it with the finest beachfront properties available in the country offering investors an absolutely stunning island getaway at affordable prices.
LAYA will offer an unparalleled amount of beachfront real estate in the region.
In addition, Laya Boutique Hotel & SPA is currently in development at LAYA on the Pacific Coast of Nicaragua.
Soon, vacation travelers from around the world will be able to enjoy romantic beachfront bungalows and condominiums on the most beautiful beach in the country.
The bottom line for investors is when you own exclusive beachfront property the demand always follows.
Getting in now could be the best investment you have ever made.
For those buyers seeking the ultimate nothing-between-you-and-the-water paradise, the time has never been better.
Nicaragua’s pristine coastlines present an unsurpassed lifestyle and investment opportunity and no one is better equipped to bring it to you than Grupo Mariana.
When you’re interested in receive further details about an early investment opportunity in Nicaragua, we can give you even more excellent reasons to explore a new life in Nicaragua, whether you’re interested in vacationing, retiring, starting a new business or investing in the lucrative opportunities that abound.
We are very excited about the future of our growing resort and would love to help you learn more about LAYA and Nicaragua’s Pacific Coast.
Join fellow adventurers who have registered for more information today.
Don’t leave without becoming part of my Overseas Secrets Letter!
In this regular e-letter, you’ll get FREE lessons and strategies that will give you the courage and confidence to live, invest, retire, create a business and experience a life you love overseas. It’s free, it’s packed with information, and best of all, it’s short.
