Buying Real Estate Property in Nicaragua

As one of the most affordable, least touristy countries in Central America, Nicaragua real estate has and continues to grow in popularity.

Other Central American countries, such as Costa Rica and Panama, have become popular and expensive destinations while Nicaragua has remained a well-kept secret. With plenty of beach front property on the Pacific Coast, a bustling port city called Bluefields on the Caribbean coast, as well as beautiful, quaint lakeside towns and growing urban areas such as Managua, Granada and León, Nicaragua has a lot to offer those seeking to buy real estate, to invest in property or to retire.

In order to attract foreign investors, the government has passed laws and incentives aimed at making buying or renting property an easier process for foreigners. The laws and incentives include large tax exemptions for tourism-related businesses, great retirement benefits, free trade zones to encourage manufacturing and a decrease in bureaucracy. Due in part to the success of these laws and incentives, Nicaragua has enjoyed a greater growth in GDP than many other Central and South American countries.

Not only is Nicaragua a great place to buy real estate, it’s also a great place to explore. The varying landscape that includes rivers, beaches, volcanoes, freshwater lakes, islands and jungles, makes this an ideal country for adventure travelers. Publications such as Conde Nast Traveller, USA Today and The New York Times have identified Nicaragua as the next big hotspot for adventure tourism in Latin America. With a coastline similar to Costa Rica and even California, and real estate prices at fractions of the cost of those places, Nicaragua real estate is becoming an increasingly popular investment location.

The time is right to consider buying property or investing in real estate in dynamic, exciting and affordable Nicaragua.