NicaPlaza Real Estate

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Title	City	Address	Department	Price
Eco Development Sales	Rivas	Iguana zone	Rivas	$65,000
This is a progressively designed Eco development looking for alternative minded environmentally positive people to purchase and enjoy a tranquil life. Lot sales and particulars are provided on request. Terms offered on cabin sales
Ometepe Madera view acreage	Altagracia	The side of Madera facing north	Rivas	$190,000
This is prime treed acreage next to an eco tourism resort with great mountain pure water and electricity close by. This is the preferred zone of the alternative ecotourism investors. It is land to be developed with ample water and with the elevation to grow fruit and vegetables which can not be grown in most of the country. The price is reasonable and offers accepted.
Home in Santo Domingo	Altagracia	Santo Domingo	Rivas	$50,000
This is a prime location next to a hotel and with beach front and a remodelable house. This zone is the preferred tourist zone on the island and the home is in good shape. It needs a kitchen and living room put in. It could be a short term rental for tourists.
Buenos Aires Home	Rivas	in town	Rivas	$55,000
PRICE REDUCED! Motivated seller! Make offer! This is a newer home in town and it is completely walled in with a nice interior courtyard. There are two bedrooms and a bathroom and internet is available. The home resides in a good neighborhood and this town is just 3 miles northeast of Rivas. The home has a backup water system to provide water at all times.
Hotel in Las Piñitas de Leon	Leon	on the water front	Leon	$290,000
Located in Las Peñitas, the beach town / fishing village just 20 km outside of León, this popular Hotel and Restaurant is the perfect location for travelers who want a tranquilo beach vacation. Situated on the tidal bay, it has a great view of the ocean and goings-on in the quaint beach town. This lovely boutique hotel (and the separate owner's house) was constructed in 2006 and has 4 rooms, each with a private bathroom. The bar/restaurant area is all open-air with great views of the bay and Isla Juan Venado. 'Highly Recommended' Footprint Travel
Panama Residential Development Project	David	20 minutes from CR border on Rio Gariche	Atlantico Sur	$425,000
This is 14 acres of river frontage with subdivide plans approved with 12 river front lots and 9 courtyard lots with 34 condominiums being built for a total of 55 dwellings. The sizes of the single family dwelling lots range from 800 square meters to 2000 square meters. Overview Our corporation is the owner and developer of the residential complex known as Villa Davina which is located approximately 20 minutes from the border of Costa Rica in the “price and retiree friendly” country of Panama. We sell, finance and manage the construction and rentals of quality built, realistically priced homes in the Villa Davina development. Our construction corporation, the exclusive builder of the Villa Davina project. Our goal is to capitalize upon the newest market in retirement. This very large market is comprised of retirees and “boomers” in search of a more effective method to “stretch” their incomes. The sudden and massive reduction in value of pension and retirement savings has created this latest market force. To meet the demands of this market we offer quality built, excellently priced villas, generous ownership programs and the benefits of living in the affordable, safe and very “retiree friendly” country of Panama. The Development The Villa Davina project is owned and operated by a Panamanian registered corporation. We are currently seeking a buyer for our development and corporations. A buyer shall receive both corporations and their assets. These assets include; 1) The debt free Panamanian corporation 2) The debt free Panamanian corporation Engineering and Construction Limited 3) All plans, approvals, drawings and building permits for the Villa Davina Project. 4) 5.65 hectares (approx. 14 acres) of riverfront property registered and subdivided for 21 single homes and 34 condominiums (55 units in total). 5) Existing infrastructure, and construction (condos etc.) to date. 6) All customer contracts to date. 7) All construction equipment, inventory and storage facilities. 8) Well trained and reliable employees. In addition, the current owner agrees to remain available in an advisory or managerial capacity should a buyer so desire. Sale Proposal June 27th, 2009 Note (1): Our approvals for Groups 2, 3 and 4 allows the construction of 14 two story buildings (28 units) but our 5 year plan is for the construction of 14 villas only. Hence, a buyer has the approvals to build an additional 14 villas when it suits their construction plan. The current per unit condominium value is $79,900.00 (2009) The current per unit villa value is $79,900.00 (2009) Project and Corporations = $425,000.00 Income from Sales (A) Vacant land available = $298,900.00 Vacant condominium available (lower unit, bldg. A, Group 1) = $79,900.00 Villa sales (14 x $79,900 ea.) = $1,118,600.00 (see note 1) Total sales = $1,497,400.00 Annual Recurring Income (B) Condominiums (6 units @ $80 per mo.) = $5,760.00 Electricity- cost plus 20% = as used! Water = 0.10 per gallon = as used! Internet = cost plus $15.00 per month. Rental management = $35.00 per rental term. Total Recurring Revenue from Condos = $5,760.00 Annual Recurring Revenue (Projected) Villas (14 units @ $100.00 per mo.) = $16,800.00 (not shown in calculations) Electricity cost plus 20% = as used! (not shown in calculations) Water = 0.10 per gallon = as used! (not shown in calculations) Internet = cost plus $15.00 per month. (not shown in calculations) Rental management = $35.00 per rental term. (not shown in calculations) Total Annual Recurring Revenue (Projected) = $000.00 Total Income = $1,503,160.00 (A+B) Expenses Villas = 14 units @ $40,000.00 ea. = $560,000.00 Infrastructure (roads etc.) = $200,000.00 Total expenses = ($760,000.00). Profit/ (loss) = $1,503,160.00 – (760,000.00) = $746,160.00 Return on investment including the purchase Profit = $746,160.00 - 425,000.00 (purchase price) = $318,160.00 Total = $318,160.00. Return on investment (after sales) $318,160.00 / 425,000.00 x100 = 74.86% It should be noted that the above development and the corporations are completely free of debt what so ever! All monies in U.S. dollars. PARTNERSHIP PROPOSAL The current owner will entertain proposals for a partnership
Lot close to the ocean in Popoyo	Tola	500 meters from the beach	Rivas	$26,000
This is a nice flat lot close to the ocean in Popoyo. It has a well and electricity and is next door to a surf resort and so has commercial potential. It lies close to the ocean.
lake front lot Ometepe	Altagracia	San Jose	Rivas	$10,000
This is a beautiful lake front lot on the north island with 100 feet of frontage and 100 feet of depth. It has a clear title and would be perfect as a building site.
Dountown Rivas Commercial location	Rivas	half block west of Texaco	Rivas	$50,000
The property is now in the process of being remodeled. This is a downtown Rivas commercial building which was used as a stationery store and also has a small house next to it which is included in the sale. It is on the main street entering Rivas and a half block from the PanAm hiway. This is a high volume location with much walk by traffic. All offers looked at.
small commercial lot central Rivas	Rivas	Behind main church	Rivas	$25,000
This is a small L shaped lot right behind the main church in Rivas and with partial construction for a second floor. It is ready to complete building and owner open to offers. It is commercially located.