Real Estate Law
Bendaña & Bendaña delivers quality real estate legal services in Nicaragua. We understand the unique issues that foreign investors face when purchasing real estate in Nicaragua.
When you work with our firm, you will have a team of experienced professionals on your side. Our goal is not only to help you get through the process as quickly and efficiently as possible, but to make sure that any property you ultimately decide to purchase is clear of any clouds on the title. Peace of mind is invaluable, and we will make sure that your property is the dream come true that you expect.
Nicaragua offers a diverse array of real estate opportunities, including city property in Managua and the colonial cities of Granada and Leon, beach front property in the paradisaical beaches of Nicaragua’s west coast to mountain property in Nicaragua’s central area. Safety, economic growth, and a growing tourist industry have fueled a property boom in Nicaragua; however, property prices are still a fraction of the cost of similar properties in neighboring countries such as Costa Rica.
At Bendaña & Bendaña we advise our clients in all stages of purchasing real estate. We will perform all the necessary due diligence to make sure that title is clear, as well as preparing intent to purchase agreements (promesa de venta), and purchase/sale deeds (escritura de compraventa), drafting of Mortgages. We will also request and review appraisals, surveys, and inspections, whenever required. We also handle the closing and provide you a summary of the deed in English that you can refer to.
Because there have been many property issues in Nicaragua’s past, due diligence to uncover potential liabilities is a crucial step in purchasing real estate, especially to avoid future litigation. Only a professional team knowledgeable of real estate law and related issues can provide legal advice to buyers to make sure their investment will be safe.