Buying Land in Nicaragua: What You Need to Know

Transfer Tax (Impuesto de Traslado de Dominio)

• In Nicaragua, every property purchase is subject to a one-time transfer tax, payable to the government at the time of title transfer.

• This tax is normally the buyer’s responsibility.

• At Cortez Estates, the developer is covering the transfer tax for the first 5 buyers, making it easier to secure your lot and saving you thousands of dollars at closing.

Other Steps in the Purchase Process

1. Offer to Purchase – Signed by buyer and seller, outlining terms.

2. Due Diligence – Title verification, survey, and municipal permits are confirmed.

3. Purchase & Sale Agreement – Legal contract, typically notarized.

4. Closing Costs – Besides the transfer tax, buyers should plan for:

   • Notary fees

   • Registration fees

   • Legal fees (buyer’s lawyer)

5. Title Registration – Once signed, the property is registered under the buyer’s name in the Public Registry.

Why Buy at Cortez

• Transfer Tax Incentive: Covered by the developer for the first 5 buyers.

• Legal Readiness: Surveys, permits, and documentation prepared.

• Infrastructure Delivered: Roads completed, water well drilled, power underway.

• Community Guidelines: Framework in place to protect your investment.