Nicaragua Real Estate: Reasons Why You Should Take A Closer Look

If you’re interested in ‘early in’ real estate destinations then Nicaragua could be worth a closer look.  The key is to watch for infrastructure improvements and upgrades and get a foot hold early in those locations.  Nicaragua offers classic ‘in the path of progress’ investing.  As the country is relatively unknown, you can still can get a position in the market before the rest of the world catches on.

Nicaragua is less than 3 hours flight from Miami.  You’ll also find direct flights to Nicaragua from Altanta, Houston and LA.  The country’s close proximity to the US has been an important contributor to the recent growth in interest among US buyers.

Nicaragua real estate is available at some of the lowest prices in the region.  For example it’s possible to purchase an ocean view single family house for less than $150,000.  The coastline on the southern Pacific coast is stunning with white sand beaches, sheltered covers and dramatic headlands.  Not to mention the world class surf breaks.  For many ocean lovers, prices in the US are out of reach, so moving to more affordable countries like Nicaragua, makes economic sense.

In this post crisis era, with incomes falling and next eggs contracting, more and more Americans are actively seeking to lower their lifestyle costs.  Some are realizing that the math works better overseas than it does at home.  Those that do not want to venture too far from home may turn their attention to Central America and many end up looking Nicaragua attracted by it’s remarkably low cost of living.  Many expatriates live very well in Nicaragua for under $1000 a month, and that includes a full time maid and a generous budget for eating out and entertainment.

Nicaragua is pulling out all the stops to attract retirees and overseas property investors to the country.  You do not have to pay taxes on foreign income and foreigners can own real estate and businesses in Nicaragua with out any resturctions.The benefits on offer under its retirement program were increased in the lastest revision to the program carried out in 2009.

And to top it off, Nicaragua is a beautiful country with warm and welcomi9ng people.  You owe it to yourself to pay the country a visit.  But watch out, you may never leave!

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