The impact of the financial crisis on Nicaragua has been steep and deep. They do not have a "bailout" program. Any business, any developer, or any individual who was not operating with integrity or financial stability became exposed to the elements. The Pelican Eyes resort in San Juan Del Sur is a prime example [...]
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The numbers of tourists visiting Nicaragua continues to grow each year. Since 2001 the number has multiplied 500% – with almost 900,000 tourists in 2009 and an expected 1.2 million by 2012. Nicaragua is being featured in multiple travel publications around the world as an affordable, adventure destination. While many vacation spots are experiencing lower [...]
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International Living lists its top 30 retirement destinations here. What’s important about this index for investors is that Nicaragua ties for 3rd place in the category of real estate! The real estate category is defined as:
Countries where real estate prices are low and the purchase of real estate is relatively easy receive the highest scores. [...]
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An inspiring article from Forbes on Carlos Pellas Chamorro and the empire that has been built by he and his family over the past 100 years.
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Part 3 in our series on Buy Low, Sell High.
Part 1 - Buy Low Sell High
Part 2 - Buy High Sell Low?
This could be a fantastic opportunity to buy low and sell high. This lender-owned property is ready for the smart investor. The lender needs to remove the asset off their books so they [...]
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Continuing our conversation about buy low/sell high started in our last post, here is an example of someone who bought high and sold low.
In this case the sale was a deed-in-lieu of foreclosure. The buyer (owner) could not afford the payments so the buyer gave the property back to the lender. This is still a [...]
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Recently I came across an article in Nuwire about a new Real Estate Investment site for Central America called RevealRealEstate.com. According to the article the content is managed by a set of former brokers who have worked in the region and after seeing the difficulty of finding reliable information built this application.
I decided [...]
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In 2009 if you have the cash you will find some amazing deals, and likely some quick and painless negotiations and closings. This article from NuWire talks about the power of cash buying in the domestic market, however the same is also very true in other areas also being affected by the economic downturn. Foreign [...]
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Recently we had one of our readers contact us. He is considering Nicaragua as an investment location but had some concerns about Daniel Ortega and all the recent media surrounding him. We really appreciated the message and thought we would share our response back with everyone. We share the concern that some [...]
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Playa Madera is a great sandy beach with easy access (assuming you are not traveling during the rainy season) only about 15 minutes by car north of San Juan Del Sur in South western Nicaragua. While considered one of the more popular beaches to the north of San Juan, it is still relatively quiet, and [...]
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