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Carretera a Masaya | Lot for real estate development - Road to Masaya

Price
$2,234,143
Lot Size in m²
96632

Carretera a Masaya | Lot for real estate development - Road to Masaya

Location

Carretera a Masaya

Published

09/05/2024

Price/m² of land

$23.12

Benefits

Near School
Near Transit
Plane
Water system
Electrïcity
Easy Acces

Details

This lot for real estate development in Carretera a Masaya, is located in the area of greatest development and high surplus value in Managua. It represents an excellent investment opportunity to build houses in a pleasant area, adjacent to several residential areas and just steps and minutes away from schools, hospitals, shopping centers, supermarkets, banks, gas stations and other commercial sites.

This property, with excellent land for the development of homes aimed at the middle class population, has a total area of 13.7 Mzs (96,632 mts2 or 137,064 vrs2), with easy access to the Highway and its main road is asphalted throughout its journey.

The topography is flat, with connection of drinking water and electricity, of very good weather and pleasant most of the time, located in a safe area and with legal documentation in order, which was recently updated.

This lot for real estate development has unique characteristics for the development of housing for the middle class population. Its privileged and total surface location generates a great value for real estate development with Condominium ( Horizontal Regimen) or Fruiting format, for both cases a closed community, with individual sales values in a range from $55,000 to $100,000 USD.

Additionally, its location is very convenient, as it is located near the Metropolitan Hospital Vivian Pellas (), Walmart (), Pricesmart (), the Catholic University (), commercial squares, among others.

Real estate investment opportunities do not occur frequently and the current value of this property and with high profitability in time, is one of those that is worth taking the right decision, as the investment by square rod is $16.30 (negotiable).