Lot for sale in Sábana Grande, Managua – 48,909 m²
Description
Land for sale in Sábana Grande, Managua, with natural shade from trees and space for investors looking to develop a large-scale project.The land measures 70,000 varas² (about 48,951 m²; 7 manzanas). It has cleared areas in several spots and thick-trunked trees spread out without crowding. With this size, the design can be done in phases.
A concrete wall runs along one side, marking part of the perimeter. The seller offers it for commercial or industrial developments, with room to place several areas within the lot.
It is located within the capital. Message us from this listing to schedule your visit.
Listed at US$ 2,240,000, above the US$ 10 per square vara average of the 17 comparable properties listed in this area on CasasEnNicaragua.com.
Is the price right? Compare it with the area
The data nobody else gives you: this property against the Sábana Grande average (13 listings published in the last year). How we calculate it ›
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In numbers: this lot asks US$ 32 per v² of land. Among the 13 lots for sale in Sábana Grande that declare surface area the average is US$ 10 per v². This lot is 220% above that average.
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About Sábana Grande
Sábana Grande is a neighborhood of Managua, in the department of the same name.
CasasEnNicaragua.com currently has 32 properties listed in Sábana Grande: 21 lots for sale, 5 warehouses for sale, 3 lots for rent, 1 homes for sale, 1 apartments for sale, 1 commercial premises for rent.
Among the 21 lots for sale in Sábana Grande, half have an asking price between US$ 80,000 and US$ 900,000, and the typical price is US$ 225,000. This lot, at US$ 2,240,000, is the most expensive of them all.
Measured per square vara of land, half of the 19 lots for sale in Sábana Grande that declare their size fall between US$ 9 and US$ 26 per v², and the typical is US$ 12 per v². This property is at US$ 32 per v². Note: built area is compared per square meter and land per square vara (1 m² equals 1.42 v²).
For reference, this is how lots for sale look in other areas of Managua: Santo Domingo has 135, with a typical price of US$ 182,094, Carretera Masaya has 131, with a typical price of US$ 161,358, Carretera Sur has 75, with a typical price of US$ 110,000. In Sábana Grande the typical price is US$ 225,000.
All these numbers come from the properties listed today on CasasEnNicaragua.com and change as the inventory changes. They are not an appraisal.
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Frequently asked questions about this property
How much does a square vara cost in Sábana Grande?
Among the 19 lots for sale in Sábana Grande that declare their size, half fall between US$ 9 and US$ 26 per v², and the typical is US$ 12 per v². These are the asking prices of today's listings, not an appraisal value.
What does this lot in Sábana Grande include?
The listing declares a lot of 49,351 m² (70,000 v²).
Is this price above or below the Sábana Grande average?
This lot asks US$ 32 per v². The average of the 13 lots for sale in Sábana Grande with a similar size is US$ 10 per v², so it is 220% above that average. The comparison is made only against similar-sized properties, because a whole-area average mixes very different sizes.
How many lots for sale are there in Sábana Grande?
There are currently 21 lots for sale listed in Sábana Grande, out of a total of 32 properties of all types in the area: there are also 5 warehouses for sale, 3 lots for rent, 1 homes for sale. The number moves every time a listing comes in or goes out.
What should you check before buying in Sábana Grande?
Before closing you should check the legal status of the property and understand how the transfer works. We explain it step by step in the guide to property deeds in Nicaragua and the guide to buying a home in Managua. CasasEnNicaragua.com publishes the listing; it does not give legal advice, so confirm each step with a professional.
How do I ask about this property?
Write directly to Quiero Casa, who publishes this listing, and mention code QC-7854. The contact buttons are beside the listing. You deal directly with the advertiser: CasasEnNicaragua.com provides the publishing service.