Investment Pros and Cons for Nicaraguan Real Estate

Investing in property in Nicaragua may not be quite as profitable as it used to be, but can still be a fantastic bargain, especially if you choose to eventually re-locate there to live. The country of Nicaragua is amazing, with its tropical climate, welcoming beaches, historic colonial cities, and lofty mountains and volcanoes. Tourism is alive and well in the area, crime is low, and flights to and from the US are numerous.

Nicaraguan land can be considered a good buy for many reasons. The Foreign Investment Law gives equal footing to domestic and foreign investors. There are unique benefits for retirees living there. Inflation is low, and the nation is investing in infrastructure, including the recent upgrade and modernization of the Managua International Airport. Plus, the splendor of the nation, combined with its colonial history and architecture, make it very alluring to investors.

Despite the benefits, there are still some potential cons to buying Nicaraguan land or real estate. Legally, owning property in your own name is the best bet, although allowances are made for businesses. Taxes are still paid, but primarily to the municipality in which the property is located. Many prestigious title insurance companies are now making their presence felt in the country. This, combined with easing restrictions on finance options, is making it simpler to buy and own land in Nicaragua, but it is still not an easy procedure.

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