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Home | Caribbean Nicaragua | 6,208 Waterfront Acres | Maps and Price | Buying in Nicaragua | Whats Next? | Photos
CARIBBEAN NICARAGUA

volcanoNicaragua is the largest country in Central America, and has more than its fair share of natural beauty. It borders Honduras in the north and Costa Rica in the south and has two huge lakes: Lake Managua and Lake Nicaragua. Lake Nicaragua is the biggest lake in Central America and has the only fresh-water sharks in the world!

Nicaragua has a population of approx 5.5 million and is one of the few places on earth where one can really get away from it all. There are such things as miles of empty, undiscovered white sand beaches, lakes and lagoons, mountains and volcanoes, dry forests and wet forests and cloud forests.

A land of poetry and revolution, lakes and volcanoes, war and peace. To the new generation of travelers, Nicaragua represents booming beach breaks, volcano hiking, island paradises and laid-back colonial towns. It seems that the message - 'the civil war finished decades ago people!' - has finally gotten across to a world who had the country pegged as a troublespot. A place of artists and poets, the country's people are an even greater asset than its natural splendor. Lonely Planet

Nicaragua has one of the fastest real-GDP growth rates in Central America and has complied with prescribed IMF demands for cutting its deficit, implementing structural reforms, and maintaining overall monetary stability.

The Nicaraguan Government has participated in successful completion of negotiations of the Central American Free Trade Agreement, and is set to benefit from rapid and sustained economic growth in the years to come. The passage of several laws specifically designed to attract and protect foreign investors have opened an exciting window for investment in Nicaragua.

The in-flow of foreign direct investment is increasing rapidly. Since 2002, 10 major shopping centres have opened as well as numerous international hotels and restaurants. Toursim is booming and those arriving will have witnessed the massive upgrade taking place in roads and utilities, particularly in Granada, the capital Managua and the beach town San Juan del Sur.

capitalAlready investors have seen returns of upwards of 100% on purchases in key ‘hotspots’ since 2000. It takes little imagination to see where Nicaragua is heading.

Nicaragua boasts a rich cultural heritage, beautiful scenery, incredible biodiversity, lakes and volcanoes and an ever growing range of leisure activities. Tourism was a non existent industry not long ago but is now the country’s top earner. Visitor numbers are increasing dramatically and set to break the 1 million mark this year.

Tourism trends are useful predictors of real estate sales. First tourists came after political stability was achieved with focus on improving the economy and infrastructure. Then Nicaragua's wealth of spectacular beaches attracted tourists in record numbers followed by retirees and real estate developers.

"Nicaragua seems to be the next logical choice for adventurous travelers in Central America. Costa Rica is more crowded and more expensive than it used to be, and Guatemala is still suffering from the effects of a 36-year-old civil war...Even Panama, a relatively wealthier nation, is much more developed and expensive than Nicaragua." Conde Nast Traveler

nicaragua peopleNicaragua stands out as offering a unique combination of low cost of living, affordable properties as well as one of the most attractive retiree benefits package in Central America.

Investing in Nicaragua has few restrictions Nicaragua’s foreign investment law establishes equal treatment of foreign and domestic investment, eliminates restrictions on the way in which foreign capital can enter the country, and recognizes the foreign investor's right to own and use property without limitation.

There are no restrictive visa or work-permit requirements to inhibit investment.

Much of the property is held as freehold (fee simple) title and, as of 2006, three major international title insurance companies offer insurance on property in Nicaragua: First American, Stuart Title and Land America.

Without question, and at times contrary to popular belief, Nicaragua is a stable, safe, and peaceful country for investment. It is this misunderstanding that many investors work to their advantage.

The quality of the Nicaraguan road network varies widely, offering everything from superb highways to potholed dirt roads. Only 2,300 of the 19,000 kilometers of road are paved. The infrastructure is much better at the more densely populated Pacific side of the country than on the Atlantic (Caribbean) side where most transportation takes place over water.

Through a recently (2005) finished highway to El Rama the Atlantic Coast has become much more accessible. El Rama is located some 18 kilometers land inward, along the shore of the Escondido River, very close to the land for sale. The port at El Rama is being improved in order to be able to handle more and larger containers ships.

The most important road is the Pan American highway that runs from north to south. This highway is generally in great shape, but it passes by towns, villages, and larger cities like Managua where congestion significantly slows down traffic.

There are six ports in Nicaragua, most of which can not handle large-scale cargo. The most important port is located at El Corinto, Chinandega, on the Pacific coast and it processes bulk goods and raw materials like oil and sugar. The three seaports on the Caribbean Coast are Puerto Cabezas, El Bluff, and El Rama.

Nicaragua Bird

The international airport in Managua has small-scale but modern facilities, both for passenger and cargo transportation. A cold storage facility is available for foodstuff. Being located in the center of the Americas, many strategic places are located nearby. There are daily flights to several destinations in the United States, Panama, Costa Rica, and El Salvador.

Nicaragua is the second safest country in all of Latin America (behind Uruguay) and has a lower reported crime rate that than France, Germany and the United States, according to a United Nations/Interpol study.


Nicaragua
Land Of Paradise

Land Of Paradise



Nicaragua property development

Nicaragua property development
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Home | Caribbean Nicaragua | 6,208 Waterfront Acres | Maps and Price | Buying in Nicaragua | Whats Next? | Photos

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Last Updated On : 23 Jun 2008