About www.nicainvest.com
Is it easy to get financing for real estate in Nicaragua? Although financing options are developing with more products on the market for investors, the majority of sales are still completed as cash transactions. It is possible to get financing from local banks such as BAC and Bancentro, at 75-85% loan to value. Although interest rates are becoming more competitive, the process can still be rather bureaucratic. Private lenders offer loans based on refinancing US assets. An ever increasing number of......