Huge wave of relief in Nicaragua property investment circles as new coastal law is less draconian th

[Nicholas Wallwork]

A new long awaited Coastal Law that clarifies how close to the beach properties can be built has been approved, much to the relief of the real estate sector.

Property investors, many of them from the US, had feared that a draconian new law would be introduced after the country's Attorney General Hernan Estrada suspended approvals for any property to be built within 800 meters of the sea earlier this year while the new regulations were drawn up.

Click Here to Read The Full Story and Add your Own Comments to Huge wave of relief in Nicaragua property investment circles as new coastal law is less draconian than feared