Are you considering buying real estate in Nicaragua? Here are some comments about the experiences of people who have.
Q. What type of property purchase did you make, and why?
A1. The first property we purchased was on Mombacho, and we intended to eventually build and retire there. The next purchase was a colonial house we purchased in Granada with the idea of
remodeling it into a small hotel with living area for us when we were in town. Later we found a parcel on Apoyo Lagoon that we liked even more than the lot on Mombacho for our retirement. We will probably build on both lots and maybe sell one.
A2. I bought a large quiet lot about 3 blocks from the town square. It had several buildings on it. I bought it because it felt good the moment I stepped into it and the price was low.
A3. I bought a condominium near the beach, partly for investment, but also for a place to spend the winter. Someday I might retire here permanently, I don’t know yet.
