$440,000
Location: Lake Nicaragua near Granada
Beds: -
Baths: -
Closed Area: -
Open Area: -
Total Area: 21 acres
PID: 16634640
Viewed (40171)
Extras:
21 acre Granada Island - Lake Nicaragua -
Price includes:
1) A furnished 40 ft by 40 ft - 2 bedroom wooden Guest House on cement foundation (North side) equipped with two electric power plants (Coleman generators 6250W each ), septic system, complete water system with four hp water pumps (two water wells, water tower etc). Has a refrigerator, gas for cooking, 2 double beds, tables, chairs, etc.
Two different mobile phones service exist on the island.
Also Internet with MOVISTAR mobile company (used to be BELLSOUTH)
2) A wooden/cement caretaker house (south side).
3) Three cement piers(docks) on the West & East side.
4) An infinite pool on the north side
5) A 23 feet visitor- fiberglass speed boat with a 75hp Yamaha
6) A 21 feet caretakers boat with a 6hp Suzuki
7) A 26 feet construction (cargo) boat with a 25hp Yamaha
8) Island comes with a caretaker and a maid (optional)
The Neighbouring ISLANDS
Most of the Granada islands are small around 1-5 acres.
This island is a rare opportunity since very few exist with that size (21.0 acres) and they rarely come on sale especially at that price.
Reason for Selling:
The owner had the island more than thirty years.
He is selling for financial reasons.
Title
Yes the island has a clear title,
registered in the Nicaraguan Land Registry.
It is a fee simple title (like in the US) with no liens.
PRICE
The total price for the 21.0 acres island is $ 540,000.
Owner financing up to 50% of the purchase price.
That means that the buyer pays only half ( $270K) of the asking price in cash,
and the rest $ 270K in affordable monthly payments at 9% annual interest rate.
Closing - Fees
Closing, Legal, Land Transfer fees (to your name), under $5K in Total.
Takes about 10 days (max) to close.
Description:
With an appearance of HAWAIAN island, but with a lot better price, this property is located 25 min East of Granada by boat, in the Lake of Nicaragua.
The Lake of Nicaragua connects to the Caribbean sea via the river Rio San Juan
The Island is located only 5 miles from the closest mainland.
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