Leasehold or concession properties in Nicaragua are properties owned by the government; you buy the right to rent or lease that land, paid in a small annual fee. About 60 percent of the coast of Nicaragua is comprised of leasehold land, due to a law passed in 1917 that stated that all land within 2km of the ocean that was not previously titled became national land.
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Nestled along the stunning Pacific coast of Nicaragua, the picturesque town of San Juan del Sur beckons travelers with its charm, natural beauty, and vibrant atmosphere. With its golden beaches, impressive waves, lush greenery, and welcoming local community, San Juan del Sur has emerged as a must-visit destination for both adventure seekers and those in search of relaxation. Let's embark on a journey to explore the captivating attractions that make San Juan del Sur a true gem of Central America.
If you're considering buying beachfront surf property in Nicaragua, there are a few things you should know before making the investment.