Nicaragua’s Booming Pacific Coast
Dec 11th, 2007 by Kevin
We all have thought this at one time or another: I should have invested in that 5/10/15 years ago! Hindsight is always 20/20, but the interesting thing is that often when you see an opportunity in front of you, most people dismiss it as to good to be true. By the time that everyone is on the bandwagon, and the mainstream media has picked it up, the opportunity is already gone. The entrepreneurial wizard Mark Cuban has said “If other people are coming to the same conclusion as I am, I think ‘This is a business I shouldn’t waste my time with’”. Although this is at an extreme end of the spectrum, the same can be said for investments.
Today, two different things crossed my email that are a signal that the tide is rising. First, I got an seminar invite from international Living that had the following information quoted.
- Santa Rosa, Nicaragua 50% ROI - in just two weeks!
- Los Pirules, Mexico 90% ROI - in just seven months!
- Nova Scotia, Canada 150% ROI - in just one year!
- Rancho Santana, Nicaragua 450% ROI - in just five years!
- Buenos Aires, Argentina 35% ROI - in just one year!
Notice that two of the 5 examples used are from none other than Nicaragua! The second thing that I saw through my news feeds was a great article on the booming real estate market on Nicaragua’s pacific coast. In this article the have a number of interesting statistics:
- Over the next 5 years 80 million Americans will retire.
- A recent article in Forbes found that some 10% of these individuals plan to retire overseas.
- The top 5 destinations for this some 8 million, to-be expatriates include Costa Rica, Panama, Mexico, Brazil, and NICARAGUA.
- The second lowest crime rate in the western hemisphere (second only to Canada)
- The best tax incentives for both retirees and business owners in all of Central America
- ranked in the top 5 Surfing destinations in the World by Surf Magazine
- Ocean Front and Large Acreage properties have seen the largest rate of inflation (San Juan Del Sur Beach front has increased at a rate of nearly 100% annually).
- San Juan Del Sur, which has already seen tremendous growth, still sits at approximately 30% of the property values of its near neighbor to the south, Costa Rica.
Investors - Meet your opportunity! Its staring you in the face.
