“Nicaragua is virtually unknown to most people and usually misunderstood, which is why forward-thinking investors can find some of the best real-estate deals on Earth in this country.” -MSN Money, 2009
Market Update
MSN Money’s 2009 headline still holds truth in todays’ market. Hit reality television shows such as Survivor and House Hunters International are gradually changing the nation’s international image, however property prices along the coast of Nicaragua are still a fraction of those found throughout Costa Rica, only 20 miles to the south. There are no restrictions on foreigners owning property in Nicaragua and title insurance is available by US backed companies.
Real Estate Tours
The best way to learn about Nicaragua real estate is visit the country and take a dedicated 3-day real estate tour with Coldwell Banker Nicaragua. These insider tours are specifically designed to educate investors and future residents considering relocation to the region. On the tour you will also have opportunities to meet local builders and developers, residents and legal experts. Everything from your airport pick-up to hotel accommodations during your visit to the country are completely covered to ensure that your first visit to Nicaragua is an educational and relaxing one. If you are interested in learning more information about Coldwell Banker Nicaragua’s dedicated investor tours, then please contact me.
Green Real Estate
From laundry lists of sustainable life-style suggestions to threats of global warming, we are inundated daily by the benefits of taking responsibility for our individual impact on the earth and the consequences of refusing to consider it. This global transition of environmental consciousness is transcending every industry and real estate is a front-runner.
There obviously exist varying degrees of sustainability within Nicaragua’s development community, however the standard to being green is rising and with it the number and quality of green real estate products available on the market is growing. Ultimately this transition in environmental consideration and sustainable living is surfacing at a preliminary stage in the development of the country’s coastline in contrast to the fate of its borderly neighbors. The end result for Nicaragua is that it will host greener and more sustainable development from inception. Responsible real estate development and sustainable tourism will preserve Nicaragua’s natural beauty in-spite of the forces of change that are inevitable. For additional information on sustainable development in Nicaragua, visit Coldwell Banker Nicaragua’s dedicated green property listings page.
