A Gorgeous Location for Real Estate: San Juan del Sur
San Juan del Sur is a popular vacation spot on the Pacific coast of Nicaragua, and an ideal place to buy and rent real estate.
Located just sixty kilometers west of Granada and twenty-four kilometers from the Costa Rican border, San Juan del Sur is a quiet fishing village on a beautiful bay of the same name. The village attracts surfers, sport fishers, eco and adventure tourists and those just seeking a calm and scenic place to visit. Because of its popularity with tourists, San Juan del Sur is a great place to invest in real estate, including property and vacation rentals. It is also a superb place to retire, offering a low-key village lifestyle with accessibility to water sports and a larger city nearby.
The village of San Juan del Sur has a reputation for unbeatable white sand beaches. To add to its scenic charm, the city is surrounded by volcanic hills and has a near perfect climate all year. Real estate is a booming business in the area, with at least twenty new developments being built, catering to international travelers and businesses. This makes San Juan del Sur an excellent place to buy vacation rentals or to invest in commercial property. Because of the thriving real estate market in the region, there are quite a few local real estate agencies available. Many of them specialize in helping foreign investors buy and sell real estate.
Some analysts have estimated that close to one million people will visit San Juan del Sur each year, making it a great time to invest in condos, villas, vacation homes and other rental properties. The southern Pacific coast of Nicaragua is becoming more popular as a tourist destination and soon may rival Costa Rica and Panama in terms of tourism dollars. The Nicaraguan government has passed new laws making it easier for foreigners to invest in real estate and commercial property and to retire in the country.
There has never been a better time to invest in real estate in Nicaragua, and the most popular place to do so is idyllic San Juan del Sur.