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Recessionís Impact on Nicaraguan Real Estate and Retirement


Despite the gloom on Wall Street, for sage retirees, there remain fewer places†more attractive than Nicaraguan real estate. Safety, good health options, stable government, low cost of living and innovative development such as El Encanto del Sur, make†Nicaragua a place to keep on your short list.

Fred Goldfarb from El Encanto Del Sur states: "Nicaragua grows on you. It has had a volatile past but now offers people a slower pace of life, a beautiful culture and warm people, with the necessities that retirees want. Choose carefully, look for quality Nicaraguan real estate whether in developments like El Encanto del Sur, quiet traditional hotels in town or even in non-profits that you choose to volunteer for. After a while, you may understand what I mean and why I call Nicaragua home.Ē

Los Suenos recently sold 4 lots of Nicaraguan real estate in the last 45 days, and at competitive prices, reflecting peopleís retirement budgets. Two other lots in La Mesas, Nicaragua sold as well and the large 1.5 acre lots, The Cascada, are perfect for those wanting more land and forested privacy. Nicaraguan real estate is booming now because it offers relatively cheap prices and many views of the ocean.

El Encanto, Nicaragua also offers traditional Bali styled homes, with ocean view for under†$180,000.00 Ė even closer to town.

Only a few of the best Nicaragua real estate dealers have remained. El Encanto del Sur in San Juan del Sur has been here since 2006 and has been steadily improving itís Nicaraguan real estate, recession or not. Phase one sold out in record time,†now Los Suenos, with its beautiful lots with 180-degree ocean views and only†10 minutes from San Juan, are selling quickly. They are employing a modular solar micro-grid for energy. Is it more expensive to install? Yes. But is it more important to be aware of the global environmental problems? Absolutely! Is anyone else in the Nicaragua real estate industry doing the same? No. †

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 Nicaragua Real Estate
 Nicaraguan Real Estate

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