In the past few years, the market has become more mature, the infrastructure is improving and the word is getting out that Nicaragua is "the next Costa Rica" but with prices still significantly lower than what you would find in our southern neighbor.

Best Place to Invest Money…

There are a whole range of property options to consider and much will depend on your investment goals and interests. Nicaraguan investment opportunities run the gamut from undeveloped beach front, to serviced lots in gated communities, to tourism related commercial ventures, to farm land, condominium projects and residential homes.

Many investors are seeing good returns from purchasing vacant land or lots along the pacific coast. Lots of acre and upwards start at $ 40,000.00 and can offer stunning views of the ocean. If your investment capital allows for construction of a home, your return in two years can double if not more – as you can expect a return of $2 for every $1 you spend on construction plus the market price of the lot at the time you sell. Current building costs range from $55/ ft2 to $80/ ft2 for high end quality construction with hardwoods, granite countertops, etc. There are more turnkey properties now available on the market, some of which are offered at healthy pre-construction discounts. Good rental returns can be earned in established locations. The once sleepy fishing village of San Juan del Sur has emerged as the pivotal Pacific Coast real estate hotspot.

How to Finance Investment Property…

Another property category which represents a popular investment in Nicaragua are colonial homes in Granada. We focus on historic property located in the 10 block area that comprises the historic and cultural centre of town. Many clients buy fixer- uppers and restore these following traditional Spanish colonial architectural styles. There are also some good value remodeled properties available on the market. Just moments from Granada is the stunning Crater Lake at Apoyo and we have recently listed a range of beautiful lake front and rim lots at a great price. The views are some of the best in the country.

For more information on real estate opportunities in Nicaragua please click on Nicaragua realty

Author: Jennifer A. Moore

Jennifer A. Moore has been an investor in Nicaraguan real estate since 2006.

Article Source: http://EzineArticles.com/?expert=Jennifer_A._Moore

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