by Charly McDougal

The endless stories of people making big money quickly buying and selling real estate in Nicaragua are almost becoming the stuff of legend. The stories evolved because so many of them were essentially true. It’s getting more difficult, but those days are not over. If that’s what you’re looking for, you might want to skip condominiums and other multi unit developments.

But if you are looking for the easiest purchase process of a vacation, secondary or retirement home, multi unit projects are the answer. Called the “turnkey solution,” because with many projects all the buyer has to do besides sign a check is turn the key in the door lock after they step off the plane. Many offer shared amenities such as pools and gardens that would be cost prohibitive for a single home owner to afford.

The common thread in the new wave of condo/townhouse/villa is common design, common management, ready to move in with immediate income potential. The developer builds, sells, maintains and fixes fees No searching for lots, no title worries, no code inspectors or construction headaches. Building standards- structural, plumbing, electrical etc.- are to North American standards.  Packages are available to furnish the unit with everything household need, from furniture to DVD players and spoons and pillowcases.