Nicaragua is one of the most underrated countries in Central America. It's home to stunning natural landscapes, a rich culture, and a growing economy. It is similar to Costa Rica in terms of its development, but it's much cheaper to live in and there are still plenty of opportunities to invest. If you're looking for an affordable place to retire or invest, Nicaragua should be at the top of your list. Here are six reasons why you should consider investing in Nicaragua. So let us begin!

 

   1. Stunning Natural Landscapes

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     Nicaragua is home to many stunning natural landscapes including volcanoes, lakes, mountains, and rainforests. These natural landscapes make for beautiful tourist destinations, and they are also great for outdoor activities such as hiking, camping, fishing, and birdwatching. Naturally, these displays of nature fuel the tourism industry; most popular tourist destinations include San Juan del Sur, Granada and Managua. Each of these destinations has its own unique charms that make them worth visiting. San Juan del Sur is a hub for surfers, hosting international surfing competitions and even the popular TV series Survivor. Moreover, yoga and retreat lovers will enjoy spectacular sunsets and the beauty of mother nature.  

     

      Granada, on the other hand, is a reminder of the deep colonial roots of Nicaragua and a great location to rest before traveling to Mombacho, the nearby volcano. Did we mention that just a stone’s throw away Lake  Nicaragua is the largest Lake in Central America  and the largest drinking-water reservoir in the region? 

 

      So why not invest in a place so naturally blessed with captivating beauty? Nicaragua is a quality destination to invest in since it appeals to so many; nature lovers, adventurers, and people who are searching for an escape from their busy  lives! 

 

    2. A Rich Culture

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      Nicaragua is home to a rich and diverse culture that spans from its indigenous roots to its Spanish colonial history. Nicaragua has many cultural attractions, such as museums, art galleries, festivals, and traditional villages. The indigenous culture of Nicaragua is one of the most vibrant in Latin America. There are more than 30 different indigenous groups in Nicaragua, each with its own unique language, customs, and traditions. The most well-known indigenous group in Nicaragua is the Miskito. The Miskito are known for their woodcarving and basketry skills and for their traditional music and dance.

 

      The Spanish colonized Nicaragua in the 16th century. As a result, the country has a rich Spanish colonial culture that is evident in its architecture, art, food, and music. Two of Nicaragua's most popular tourist destinations include Granada, a colonial city founded by the Spanish in 1524, and San Juan del Sur, offering a contrasting atmosphere to Granada. Granada is home to many beautiful churches, colonial buildings, and  lively nightlife and is a mix of European and Nicaraguan culture. On the other hand, San Juan del Sur is a step into nature, beaches, and good vibes. This rich and vibrant mix of cultures so omnipresent in Nicaragua makes it an attractive place for people who want fun, colours, and a taste of something different!

 

    3. A Growing Economy

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      Nicaragua is one of the fastest-growing economies in Central America. Over the past few years, the country has seen steady economic growth due to its vital tourism, flourishing agriculture, and growing manufacturing sector. This growing economy has created opportunities for investors in Nicaragua. This is one of the biggest reasons why you should consider investing in Nicaragua; because its economy has massive potential for growth!

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      Managua is the capital of Nicaragua, where you can find modern shopping malls, and stores that are very similar to what we have in North America. Instead of Walmart and Costco,  Nicaragua  has a store similar to Costco named “PriceSmart”. 

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    4. Affordable Cost of Living

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      Nicaragua is a very affordable country to live in. The cost of living is much lower than in other countries in Central America, such as Costa Rica and Panama. You can also own beautiful beach houses at a low price, unlike in any other country! Hospitals with high worldwide standards of service are available for visitors with no charge. You can also find private hospitals with very affordable pricing. 

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      This makes Nicaragua an attractive destination for people who consider moving to Central America. Some of the costs that you can expect to pay in Nicaragua include:

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• Renting an apartment in the city will cost you around $400 per month. Housing is much cheaper in smaller towns and villages.

• An essential meal at a local restaurant will set you back about $3-5.

• Public transportation is very affordable, costing only a few cents per ride.

• There are a lot of taxis available around the city for a couple dollars per ride.

• Internet and phone service is also very cheap, with most providers offering packages for around $20 per month.

 

    5. Safe and Secure

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      Nicaragua is a safe and secure country to live in. The country has been rated the 2nd safest country in Central America by the Global Peace Index. 

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      The San Juan Del Sur area of Nicaragua has been enjoying a surge in tourism and development in recent years, making it one of the most popular places to visit in the country. The area is well known for its stunning beaches, lush vegetation, and friendly locals. San Juan Del Sur is also considered to be among the safest places in Nicaragua, making it a great place for families to live and invest.

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      For your own safety we recommend investing in gated communities, like “Valle De Samsara”, that provides security supervision 24/7.

 

    6. Investment Potential for New Investors

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      Nicaragua has a wonderful climate for potential investors. At the same time that Nicaragua’s neighbour, Costa Rica, experienced its economic boom in real estate and other sectors, Nicaragua actively developed its economy in Costa Rica’s shadow. Whereas now rental properties are becoming increasingly unaffordable for investors in Costa Rica, Nicaragua is a prime target for smaller budgets. Specifically, Nicaragua is a good focus because of its growth potential. On an economic scale, today, Nicaragua is at the same stages that Costa Rica was 10 years ago; this means that now is the perfect time to buy real estate in Nicaragua. For the last 3 years, Nicaragua has developed its industry and bloomed to be a contender in Central America for tourism and real-estate. Top experts on real estate investment from North America list Nicaragua as an attractive, affordable, and secure way of investing in recent times. In addition, popular media channels relating to investing confirm that San Juan Del Sur, Nicaragua is one of the top 10 cities where rich people are buying real-estate. The good thing is, you don't have to be rich to have property in Nicaragua, and investment is extremely profitable.

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      These are the main reasons why: 

• The price on an average property lot in San Juan Del Sur, approx. 4000 sq. ft. is $50 000 USD and up. But it is still possible to find lots in projects like “Valle De Samsara” with a lot size of 6727 sq.ft for only $30 500 USD with water and electricity included!

• The price on average 2/3-bedroom houses today in San Juan Del Sur is from $160 000 USD depending on location, view and condition. However, new real estate projects in the “Valle De Samsara” project are starting from $90 000 USD for a 2-bedroom house or from $160 000 USD for a 3-bedroom house.

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   Conclusion:

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      Nicaragua is a country on the rise. The country has so much to offer investors with its stable government, favorable investment environment, and growing economy. This Central American country offers beautiful scenery and rich culture, making it an excellent tourist destination. In addition, its location provides access to both U.S. and Latin American markets, making it an ideal hub for business operations. Nicaragua is quickly becoming a top destination for entrepreneurs and businesses alike!