CENTRAL LAW Nicaragua provides legal support for Property Development Company Project

The legal service provided is divided into two phases. During the first phase, our support consisted of the property analysis, research, purchasing, feasibility study and legal opinion in order to complete the purchase of the Property by the client.  
In order to develop the urban project, our client, G & R Constructores, Guatemalan entrepreneurs investing in Nicaragua, invested $1.1 million USD to purchase a property with a 4.5-block surface area. The property is located in a high added value area of Managua. 

The project to be developed consists of 40 houses, a Club for the owners, and common green areas. Pricing will be in the $125,000.00 – $160,000.00 US dollar range. The prices will vary depending on the model selected by the buyer, who will have 3 options available. The project investment is valued at approximately $7,000,000.00 US dollars.