by Rebecca Love & Mike Sabine

John-Marc and Janice Gallagher lived in Tamarindo, Costa Rica where they ran a successful real estate management business.  After five years running the business, they decided to sell up and come to Nicaragua.  Business in Tamarindo had become too much like life in the United States, something they had moved down here to get away from.  They set up Granada Property Services (GPS) two years ago.

I asked them exactly what the business involves.  The demand comes from people who buy properties here, but do not want to live here full-time.  Often, people remodel their homes here, and so renting the properties out is a great way of maximizing their investment. “Maintaining and renting properties is an excellent advantage when it comes to selling a house, as the buyer can see that it has been well-maintained and is turnkey ready,” said John-Marc.  The owner will state when they would like to use the house, and the rest of the time, the house is available for rent.  Every time GPS find a tenant for the house, the owner is informed.