Popular cities and towns in Nicaragua for Investing in Real Estate
Nicaragua, located in Central America has borders with Honduras to the north, Costa Rica to the south, and benefits from coastlines on both the Pacific Ocean and the Caribbean Sea.
Nicaragua's capital city is Managua, and overall the country is known for its volcanic landscapes, colonial cities, lakes, and a wide range of beautiful beaches.
In Nicaragua the locations that attract most international investors and private buyers include San Juan del Sur, Granada, León, and Corn Islands, which are the area that receive much of the tourism traffic that forms a key part of Nicaragua's economy.
Real estate in Nicaragua tends to be cheaper when comparing like-for-like properties in other Central American countries such as Costa Rica, Panama, and Belize.
Real estate investors and private use property buyers can purchase properties such as beachfront villas, condos, and luxury homes and capitalize on rental returns and potential capital appreciation through lower initial cost outlays.
Nicaragua is world-renowned as a Pacific surf town destination, with areas such as San Juan del Sur and Popoyo being very high on the list for sports tourism.
From an international or overseas real estate investment perspective there are large international communities in key locations in Nicaragua who support the growth in luxury real estate including large private estates, gated developments and eco-resort communities.
Area such as San Juan del Sur, Granada, Tola, Popoyo and Corn Islands figure high on the list for those looking for real estate opportunities in Nicaragua.
Large land plots suitable for development can be obtained with a focus on oceanfront, ranches and even farmland that can be used for a wide variety of developments.
Tourist destinations are a draw for visitors from the United States, Canada and many European countries who are attracted to the region due to the weather, oceans, scenery and lower costs.
The area that are of interest if looking for real estate investments or luxury property in Nicaragua include San Juan del Sur, Tola, Emerald Coast, Playa Colorado, Popoyo and Rancho Santana.
Plus Granada, Corn Islands and León should be included for buyers looking for luxury properties at lower prices than many other locations in Central and South America.