The following are answers to the most frequently asked
questions from our website. If we did not address your
question, please feel free to
contact us.


Legal ownership

Yes, you own the property outright in Las Fincas. There is no rental contract or lease
involved, your purchase is fee simple. You are the owner and will have a registered document
outlining this in the Catastral- Nicaragua’s land management office.

Title

Las Fincas carries a master policy from First American Title based in Miami. They require
extensive research on the land title before we get this policy. This is typically tracing ownership
for over 30 years to insure it is clean, legal and there are no pending disputes.
While we have this policy, you would have to get your own once the property is dismembered
from the master. We can help you though this process and have negotiated a terrific rate for
our clients.


LOA  (Land Owners Association)

Las Fincas is governed by the Land Owners Association (LOA). It is made up by all the land
owners in
Las Fincas and is self governed.
Each owner signs the contract and this contract is mentioned in your escritura or purchase
agreement.

There is a $500 annual fee related to maintaining roads, water systems and security.
We also ask for an equal voluntary-
not mandatory- contribution to the Nica Dev Fund.


Political situation

Much discussion is centered on Nicaragua’s government. Unfortunately, most of this is
incorrect and misconceived. The truth is that Nicaragua is a democracy and has been at peace
for over 20 years. The fact of the matter is that Nicaragua has been in fewer wars than the US!  
Nicaragua is a peaceful country and considered the safest in Central America and most likely
lower in crime than the city in which you currently live.

The recently elected administration has shown that they are committed to protecting land
ownership rights and will not tolerate abuses.
"Our goal is to fight poverty" the president said at a recent meeting. "I can't fight poverty
without the help of foreign investment".


Water

Water is supplied to Las Fincas through our own well system. At this time there is no charge for
the water. However, the Land Owners Association may decide in the future that monitoring
usage is appropriate and perhaps even implementing a charge for water.
As all changes in the CC&R’s, this change would have to be voted on by all owners.

Our well is 220' deep, past Nicaragua's famed "blue rock" and into the aquifer. This water is
free of all bacteria and is clean and pure for drinking. Currently, the well is supplying over 40
gallons of water per minute which is pumped to a holding tank or "pila" up on top of the
property. Water is then supplied to each lot line via gravity from that point.


House sizes

We have set up some requirements to allow every land owner to enjoy the natural tranquility of
the area. These are outlined in our CC&R’s.

We do not have a minimum that you must build, nor do we have a time in which you need to
start your construction. We ask only that once you begin, you complete the work in one
calendar year. This helps avoid the homes in perpetual construction so common in Central
America.

We have a limit on one story homes.
While you can have multiple levels of homes on a building site, no single building may exceed
one story in height. This allows us to maintain view corridor’s for all residences and does less
damage to the ambiance of the area.

Las Fincas has a limit to the total roof area you can build. The typical total roof square
footage on a lot under 3 acres is 3500 square feet of roof area (including covered patio’s,
garage, maid’s quarters and/or guest homes).


Building costs

Quality houses can be built for prices ranging from $60 per square foot upward. Much of this
depends on what style you choose to build and most importantly the details you want in your
house. A house built utilizing local materials would be less than one utilizing imported materials.

Through the
Nica Dev Fund, we have assembled a crew of local builders who live in our
community and are assisting them in forming their own construction company. We have several
samples of their work to show you and you have the added comfort of knowing you are
assisting our neighbors.

Nica Dev does not require you use  the builders we are familiar and we would be happy to
introduce you to a variety of outside builders we know and trust.

Subdivision

Sorry, in order to protect the natural ambiance and lower our human impact, we do not allow
subdivision
of any lot we sell.


Distance

Las Fincas is located about 2.5 hours south of Managua, 30 minutes or so north of the Costa
Rican border. We are about 15 minutes south of San Juan del Sur, Nicaragua’s favorite beach
destination. For maps, click
here.

Beaches

Las Fincas is located about 5 minutes from beautiful beaches. Closest are Escamequita the
local river from which we took our name
Las Fincas de Escamequita and Playa El Yankee
(correctly spelled El Yanqui), a world class surf spot that not so many people know about. Shhh.

The Reserve

Las Fincas is proud to have over 450 acres under protection in private ownership.

It is our intention to allow all
Las Fincas owners and the public access to our reserve area if
you are willing to follow our strict guidelines against hunting, taking specimen and/or disturbing
the animal life in any way.
We encourage you to explore and learn in our reserve but appreciate you doing so with a
qualified guide. It makes your experience much more rewarding.

Las Fincas will also offer guided horse back tours through the reserve in the near future.

Commercial

Las Fincas has strict regulations on commercial use. We have sold a few commercial parcels
that have separate regulation but most of what we offer is private use and therefore
commercial operations of any kid are not allowed.

Travel

The closest airports are Managua, Nicaragua and Liberia, Costa Rica. Managua allows you to
travel freely across the county while through Liberia the border crossing may present some
delays at times. You should research flights to both but we typically recommend Managua as
your first destination into the country.

American Airlines flies out of Miami twice daily.

Delta Airlines flies out of Atlanta daily and recently added direct from LAX flights twice a week.

Continental offers daily flights from Houston.

Taca Airlines offers twice daily flights from LAX and twice weekly non-stop flights from LAX.


Donations

The Las Fincas Reserve and Nica Dev Fund are both non-profit operations. We encourage
our homeowners to contribute a voluntary amount equal to the LOA each year ($500) but this
is not mandatory.

You and your like minded friends can contribute to our efforts directly through our website.

While we are not a 501 c3 recognized organization, I can assure you that 100% goes directly
into our local initiatives with no management fees taken. Ever.