by Rebecca Love
Beautiful coastline for sale - $2 an acre. Give me $10,000 to invest and I’ll double it for you. Buy an Island for $3,000. Wow, real estate in Nicaragua is really cheap!!! And then, all of a sudden, “What’s his name just sold his house for $1 million.”
With so many stories and myths surrounding real estate in Nicaragua, it is often difficult to know what to believe. Here is what I found out.
Looking at the more mature property markets in Central America like Belize, Costa Rica, and the Bay Islands of Honduras, it certainly seems logical that Nicaragua’s market be equally as powerful. The coastline, cities, and flora and fauna are as, if not more beautiful than our neighbors. The commercial environment is still so young that surely a good deal must be up for grabs.
