While it’s technically possible for a foreigner to get a mortgage with a bank in Costa Rica, it is also almost impossible to go through the process without losing ones mind.
While it’s technically possible for a foreigner to get a mortgage with a bank in Costa Rica, it is also almost impossible to go through the process without losing ones mind.
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.