There are plenty of lifestyle options to choose from when considering Nicaragua as an investment destination. Perhaps you prefer the idea of life in the vibrant capital city or settling down in a quiet fishing village located on a sandy beach on the Pacific coast. Enjoy some altitude and cooler weather in the highlands surrounding Matagalpa and Jinotepe or discover the rich culture and colonial architecture of lowland towns such as Granada and Leon. Perhaps the most attractive thing about Nicaragua is the low cost of living and cheap real estate prices.
Nicaragua real estate for sale is often cheaper than similar real estate in Belize, Panama, or Costa Rica, according to online market research sites such as Reveal Real Estate. The gathered data is based on asking prices for available property in communities across the region.
Some locations in Nicaragua are best for bolder investors, as many deals are located in areas with little development. This can include unpaved roads, or hour-long drives to the nearest grocery store. Quite a few investors consider these types of ‘early in’ locations to be where the best deals are. The prices are low, of course. Once development arrives, infrastructure improves and tourism increases, there is the potential for significant capital upside.
More mature locations in Nicaragua are considered ‘middle market’ locations. The real estate prices in such places are naturally higher than in more remote locations, but the risks are often lower. In places such as San Juan del Sur and Granada, for example the investment momentum has already begun. Both towns draw a significant number of tourists each year, and they also have paved roads, good quality infrastructure, and all the amenities and services you might expect in an established vacation region. There are also strong rental markets in both locations, particularly during the busy season that runs from November to March.