Nicaragua's Coastal Property the Best Latin American Real Estate Investment

With baby boomers on the verge of retirement, Forbes magazine estimates 80 million U.S. citizens will retire in the next 5 years. Approximately 10% of these retirees plan on relocating somewhere other than the U.S. with destinations including Mexico, Costa Rica, Panama, Brazil and Nicaragua. Baby boomers are looking at tropical locations where their money goes farther and life is easy. Of these five top destinations, Nicaragua’s coastal properties are gaining in popularity, yet remain affordable; a fraction of the cost of other nearby locations.

Only 2 hours by air from Miami, Nicaragua offers beautiful beaches at reasonable prices, the best Latin American tax incentives for both retirees and businesses, the second lowest crime rate in the western hemisphere and a low cost of living. Tourism has finally taken hold in the country and is now Nicaragua’s number one revenue source. These attributes are adding up to double digit returns for real estate investors as they feel more comfortable purchasing real estate in Nicaragua now that title insurance is available throughout the country.

The World Bank recently reported Nicaragua as the best investment climate in Central America. Other media sources including Forbes, The New York Times, The LA Times and Chicago Tribune are touting the benefits and opportunities Nicaragua offers. With all this media hype, it’s no wonder this small Latin American country is enjoying new found fame as retirees and investors are realizing what great investment opportunities are available. While some areas are booming, San Jaun del Sur has enjoyed recent gains of 30% to 50% annually; others like Nicaragua’s Southern Pacific region are enjoying slow but steady growth as the word gets out. For investors and retirees looking at Nicaragua as their next potential real estate investment these opportunities won’t last forever and Nicaragua may be the last chance to own affordable beachfront property.