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BOCAL ISLAND -Caribbean Island for $350,000- Owner Financing
BOCAL ISLAND - Caribbean Island - $350,000- Financing
The original sales price was $560,000. Due to major Repairs needed, the owner is offering a major discount reducing the price to USD $350,000.The Island is Titled and developed.
The total price for the island with everything on it, houses etc is US$ 350,000. Owner financing is up to 80% of the purchase price. Broker participation is welcome.
Owner needs 70K down and the remaining balance of $280K in affordable monthly payments.
Name - Bocal Island, Nicaragua
Region - Caribbean Coast of Nicaragua, South of Bluefields
Development - Developed
Title - Freehold
Type - Private Island
Price - $ 350,000
Size 2.50 Acres
Lifestyles Ocean Island, Income Potential
1) A furnished 2 bedroom reinforced concrete Guest House (North side) equipped with an electric power plant (generator), a septic system, a water system (water well, water tower etc). Has a refrigerator, gas for cooking, 2 double beds, tables, chairs, etc. A GLOBALSTAR satellite phone service exists on the island. Internet service can be provided with that phone
2) A small concrete caretaker house (east side)
3) An Infinity pool with panoramic views
4) A cement pier (dock) on the West side
5) The Island has a nice white sand beach
With the appearance of a Hawaiian island, but with a lot better price, this property is located 1hr 20 min South of BLUEFIELDS by boat, on the Caribbean Coast of Nicaragua.
The island is located approximately 200 meters from the closest shore (mainland).
Island Coordinates: Lat 11deg 33' North, Long 83 deg 43' West Island is located about 25 miles South of Bluefields,
The town of Bluefields can be reached by air with LACOSTEÑA airline in about 50 min from Managua, the capital of Nicaragua. It has a population of 50,000 English speaking people and a very relaxed and easy way of life.
HOW TO GET THERE
The Island can be reached with a 1 hr 20 min boat ride from the local Airport of LA COSTENA in BLUEFIELDS, Nicaragua
All neighboring islands are sold!!!
This is a rare opportunity since all the private islands in the area have already been sold. In 2005 "Guano island" was sold to a couple from Texas. In 2004 "Frenchman island" was sold to a family from Washington DC. In 2003, "Pigeon" island was sold to 2 Americans from Oregon.
Both Frenchman (Frances) and Pigeon (Paloma) as well as Guano (Iguana) islands are shown on any Nicaraguan National Map. Bocal island is located 10 miles south of Frenchman island
REASON FOR SELLING
The owner has had the island more than ten years. He is selling for financial reasons.
Closing, Legal, Land Transfer fees (to your name), under $3K in total. It Takes about 10 days (max) to close.
Cement houses are at $50 per square foot or at $500 per square meter. Wooden Houses at about $40 per square foot or at $400 per square meter
Island highest point is 40 feet or 12 meters. Guest house is at the highest point at 40 feet or 12 meters.
The island offers crystal blue water for swimming or snorkeling. The future owner can enjoy world class fishing for tarpon, jack, snook, yellowtail snapper, kingfish, baracuda, go deeper for sportfishing (blue marlin) or simply relax under the shade and tranquility of the coconut trees. There is a lot of bird watching on the island!
Laying on the Caribbean Sea, Bocal island is an enchanting combination of tropical climate, blue crystal clear water, fresh breeze, and coconut trees.
Email : bertha183-at-yahoo.com