The real estate boom in Nicaragua is similar to what took place in Costa Rica in the 1980s, when people took the opportunity to own a property in paradise for both pleasure and profit.

In Costa Rica, the course of events was much like what is happening today in Nicaragua: First, political stability was achieved with an eye on improving the economy and infrastructure. Then its wealth of spectacular beaches attracted tourists in record numbers...followed by retirees and real estate developers.

This process is exactly what is underway right now in Nicaragua, and as the nation develops, you can find excellent real estate bargains.

See Pathfinder’s real estate opportunities in Nicaragua here.

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Pacific-Coast Buys for a Fraction of the U.S. Price

Warm and sunny days…beautiful people lounging on the sand as surfers vie for choice waves… palm tree-lined boardwalks in picturesque beachside towns, dramatic craggy cliffs…the California coast has certainly captured the popular imagination. No wonder; it’s one of the most pleasant places in the world to live. But on the flip side, it also has some of the most expensive real estate in the world and a high cost of living.

It Costs as Little as $43 a Day to Live in Beautiful San Juan del Sur, Nicaragua

It Costs as Little as $43 a Day to Live in Beautiful San Juan del Sur, Nicaragua

I’m just a middle-class gal. There you can pay $1.5 million for something like that. Yet in San Juan del Sur, Nicaragua I own a small two-bedroom/two-bathroom house, on an acre with an ocean view, which cost just $132,000. I pay real estate taxes of just $151 a year. And in my backyard, in addition to what I mentioned before, I also grow mangos, papayas, citrus trees, a cinnamon tree, and even moringa, the tree of life.

FiveSpots

Five Spots Where You Can Find Premium Views for Less than $150,000

A great view usually translates into a premium price tag. But you can afford a home with stunning vistas if know the right place to look. For example, I know of one Pacific coast town where a beachfront condo with Californian-style ocean views and a similar lifestyle will only set you back $119,000. You’d need at least three times that to get close to the beach in California.

For the fifth year in a row, Ecuador has ranked number one for great value property.

The Best Places to Buy Real Estate When You Retire Overseas

Whether you are looking for a home on the coast, on an island or in a colonial city, these three countries have the best value real estate. If your dream home includes a pool, a big back yard in which to swing from a hammock in the sun, a place close to the beach where you can snorkel, relax with a good book or watch the sunset…rest assured, you can have it—because your real estate dollar stretches further overseas. You can buy a superior property in a better location for the same amount or less than you would spend on a home in the U.S.

Forbes has described Nicaragua's Pacific coast as “simply stunning.”

Buy on the World’s Last Great Frontier

In Nicaragua, you’ll find some of the most dramatically beautiful Pacific coastline…anywhere. And in one development I’ve visited, there are five beaches, 2,700 acres and more than two miles of coast.All of those beaches have their own unique character and appeal. Each has different colored sands: white, tan and even pink. Some have flat waters for swimming or waves for surfing.

Property is affordable in Ecuador compared to the U.S. and Europe.

The Top Three Best Places to Retire Overseas to Buy Real Estate

Buying real estate overseas is different in each country as they all have their own laws and rules to abide by. But once you have an in-country attorney the process should be straightforward. In International Living’s annual Global Retirement Index 2013 we took real estate into consideration when coming up with the best places to retire overseas.

UnderTheRadar

Under-the-Radar Trophy Properties

You’ve heard the economy is slow. You can see it for yourself just walking down main street. But one place you won’t find any sign of it is among the pages of luxury real estate listings. Floods of cheap money are working their way into the luxury real estate market at home and in world cities like London, Melbourne, Hong Kong and New York.

ChaseSummertime

Chase Summertime to These Snow-Bird Escapes

Winter is nigh in North America. Bitter cold, ice storms, flurries, and blizzards are on their way. These are the months spent indoors, staring out at grey skies, pining for spring. But there are places where the sun is shining right now, temperatures are going up, and it’s already beach season.

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The Decline of the West

There’s always room for wealth creation. Despite the world’s economic woes, the number of people with $30 million or more in net assets rose by 5% globally last year. And according to the Frank Knight Wealth Report 2013, over the next 10 years there’ll be a 50% rise in the number of people breaking that barrier.

CliffTopHomes

Cliff-Top Homes and Staggering Views

There’s no other view in the world like it. In a cliff-top home, there’s nothing between you and the beautiful vista but empty space. You never have to worry about a house going up in front of you or that your neighbor’s new satellite dish will block your line of sight. Badminton in the back yard may be out. But morning coffee and sunset drinks on the terrace are in. If you’re on the seaside, the rumbling waves pounding the rocks below will be your lullaby.

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A New Start in an Unusual Home in Nicaragua

Lee’s biggest business is advising people how to build eco-friendly homes out of shipping containers, throwing in alternative-energy systems, like solar panels, if they’re interested. He’s also the go-to guy in San Juan when expats and business owners have computer trouble. And he helps fellow expats transition to life in Nicaragua…

UncoveringNicaragua

Uncovering Nicaragua’s “Emerald Coast” and How to Play It

Four-and-a-half hours’ flight-time south of California are opportunities that feel a world away. This short plane ride from the snapped-up beachfront and million-dollar mansions of the Golden State brings you to deserted beaches, lush, jungle-clad hills, and low-cost real estate that has to be seen to be believed.

Colonial Homes from $50,000 in Granada, Nicaragua

Colonial Homes from $50,000 in Granada, Nicaragua

Nicaragua is now cool. And Granada is at ground zero of the new, cool Nicaragua. Yet there never has been a better time to buy a colonial home in Granada. I’ve followed the real-estate market here closely since my first visit in 2004. Through boom and bust I’ve watched prices fluctuate. And on this visit I saw a 900-square-foot home, a short stroll from the historic center, with an asking price of $39,000.

EverythingIsNegotiable

Everything is Negotiable: Colonial Homes from $50,000 in Granada

In the nine years I’ve been savoring her charms through regular visits, I have never seen Nicaragua’s colonial city of Granada look better. Cute bakeries and cafés are opening up in brightly-painted, tiled- floor colonial homes. Artists and art galleries are setting up shop. Italians have come to make great pizza. The terrace in front of the Irish bar, O’Shea’s, is buzzing by day. Inside it’s rocking at night. Nine years ago expats were mostly from the U.S. There was a real-estate agent on every corner of the main square, Parque Central.

NicaraguaGussied

Nicaragua: Gussied Up and Brimming with Opportunity

Nicaragua is going mainstream. A country that war and conspiracy made infamous in the Reagan years is today home to eco-lodges, spas, and restored colonials. It’s at the top of the New York Times’ list of places to see in 2013. Food and Wine has pronounced it “affordable, safe and undiscovered.” Outside magazine declares, “it feels like Nicaragua’s moment is now.”

Granada-Nicaragua

Buy a Colonial Property in Granada, Nicaragua

Granada is where Nicaragua puts on its best face for visitors. It sits on the shore of the vast Lake Nicaragua, just an hour’s drive from the country’s capital, Managua. Centuries-old colonial architecture fills the historic city center surrounding the neoclassical-style Cathedral of Granada and the Parque Central.

Outdoor Adventure Pads

Outdoor Adventure Pads

Your perfect oceanfront retreat is just a five-minute boat ride from one of the world’s premier diving destinations, the Belize Barrier Reef. It’s on Ambergris Caye, with the Caribbean spread out before you. Diving spots nearby include the Hol Chan Marine Reserve, known for its formations of elkhorn, brain, and staghorn corals. The coral is 20 to 40 feet tall, providing the perfect habitat for reef sharks, yellowtail snapper, lobster, grouper, sea turtles, and many other species.

Latin American Lake Homes

Latin American Lake Homes

Chile’s Lake District is all about spectacular scenery…forests, snowcapped volcanoes, the towering Andes, and hundreds of deep blue mountain lakes…German emigrants brought their distinctive traditions to the region and it’s been compared to Switzerland for its beauty and cosmopolitan resort towns…

Properties that Earn their Keep

Properties that Earn their Keep

Every month we take a look at some of the properties available around the world. This time out, we’re highlighting properties that not only provide you with a roof over your head, but an income to boot. Escape to Ecuador’s Yunguilla Valley and surround yourself with blossoming fruit trees and fresh fish on your own tropical property.

Bargain Hunting on Nicaragua’s Pacific Coast

Bargain Hunting on Nicaragua’s Pacific Coast

I first visited Nicaragua nearly a decade ago and fell in love with its rough-around-the-edges beauty and the genuine warmth of its people. In 2007, my husband and I lived for a while on this hilltop overlooking San Juan del Sur. We spent lazy days exploring hidden beaches and lively evenings with friends at the thatch-roofed seafood restaurants that line the beach.

Go Bargain Hunting Now on Nicaragua’s Pacific Coast

Go Bargain Hunting Now on Nicaragua’s Pacific Coast

I first visited Nicaragua nearly a decade ago and fell in love with its rough-around-the-edges beauty and the genuine warmth of its people. In 2007, my husband and I lived for a while on this hilltop overlooking San Juan del Sur. We spent lazy days exploring hidden beaches and lively evenings with friends at the thatch-roofed seafood restaurants that line the beach. Now we had returned to reacquaint ourselves…

Beach-living in Nicaragua

Beach-living in Nicaragua

With few exceptions, today’s Masachapa is not fancy…and generally not a place where you’d come to experience fine dining and high-end amenities. But it does offer authentic Nicaraguan charm, a fantastic beach, and reasonable property prices.

Colonial Property Bargains in Latin America

Colonial Property Bargains in Latin America

Whenever I travel to any of Latin America’s colonial cities, I can’t help but compare them to my home, the historic Casco Viejo district of Panama City. I’ve lived here for almost five years and I love this neighborhood’s friendly, bohemian vibe and beautiful buildings.

ColonialBargins

Colonial Bargains in Latin America — from $115,000

Whenever I travel to any of Latin America’s colonial cities, I can’t help but compare them to my home, the historic Casco Viejo district of Panama City. I’ve lived here for almost five years and I love this neighborhood’s friendly, bohemian vibe and beautiful buildings.

Where to Find Nicaragua’s Beach Bargains

Where to Find Nicaragua’s Beach Bargains

I came away from my first visit to Nicaragua, in 2004, with a lopsided image of the coastal lifestyle in Central America’s largest country. There’s another, far more “authentic” and affordable environment to explore along this country’s central and northern Pacific coast.

Nicaragua Better Than Ever: Colonial Homes from $145,000

Nicaragua Better Than Ever: Colonial Homes from $145,000

Imagine yourself awakening to a symphony of tropical birds and brilliant sunshine. You walk into the open-air, center courtyard of your colonial home and pour yourself a rich cup of locally grown coffee. The courtyard’s lush, tropical vegetation is the home’s centerpiece oasis… and almost hides the blue, shimmering pool, right in your “living room.”

Nicaragua: The Real Story

Nicaragua: The Real Story

Nicaragua gets a bad rap wherever you go. But when I crossed the border from Costa Rica to Nicaragua recently, I was quickly reminded why Nicaragua should be on your radar.

Colonial-living in Granada, Nicaragua

Colonial-living in Granada, Nicaragua

There’s something unique about the colonial city of Granada, Nicaragua. It’s a beautiful city…with brightly-painted colonial buildings, and plazas with lofty shade trees, framed by regal volcanoes, and sparkling lakes.

Nicaragua's Pacific Coast: On SaleNicaragua's Pacific Coast: On Sale

Nicaragua’s Pacific Coast: On Sale

This is a majestic land of smoking volcanoes, pounding surf, and freshwater lakes…and some of the most spectacular fiery sunsets we’ve ever seen. The Pacific coastline boasts miles of soft sand beaches, towering cliffs and incredible ocean views. Some compare it to Southern California—but we think it’s much more dramatically beautiful.

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