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Tips for Buying Propery in Jinotepe and Diriamba, state of Carazo, Nicaragua
By waltermboyleses
An expat talks about buying property in Nicaragua. He covers the good areas to buy property -- and advises others to rent for a year before you buy so that you're sure you like living in Nicaragua.
Popular Areas in Jinotepe and Diriamba, state of Carazo, Nicaragua for Expats
Nicaragua is basically hot, so cool is the goal. Carazo is the 2nd smallest state & varies from the Diriamba Highlands, 900 meters altitude only 25 km from Managua, to ocean frontage.
Villas de San Sabastian is 35 km from MGA, 10 km from a good supermarket, US$500/mo rent, & is very modern - too much like living in the USA for me.
At km 48 Residencial El Carmen is still a work in progress, 3 km from the center of JinoTEPE, very safe, great for walking our dogs; US$400/mo rent, next door to a hospital - we prefer it.
Rent in centro is US$300/mo. Outages of water, electricity, I-net are common in the 3rd world. Water meters lack covers - watch your step. Princesses need not apply.
Searching for a Property in Jinotepe and Diriamba, state of Carazo, Nicaragua
No MLS, of course. Visit the town, talk to the folks for info about everything. Search websites.
What Your Budget Will Buy You in Jinotepe and Diriamba, state of Carazo, Nicaragua
After the April Problem (do your due deligence, folks) vacant lots are half price. The developer paid US$5k for the lot, wanted to sell it for 20k, but 10k is OK because they want to build your house on it. We rent 4 beds, 4 baths (kitchen adequate, but not modern - no granite) for US$425/mo, & the house is worth US$65k.
Before You Buy a Property in Jinotepe and Diriamba, state of Carazo, Nicaragua
EVERYWHERE: rent for a year, be sure you are in the right country, the right state, the right city, &, most importantly, the right state of mind. This is not Las Vegas. Princesses need not apply.
Legal Assistance
Good title is hard to get. Bilingual lawyers are necessary unless your Spanish is great.
5 Best Places to Buy Real Estate in Jinotepe and Diriamba, state of Carazo, Nicaragua
For me it is ON THE BEACH or IN THE HILLS. Managua & Leon & Granada & Rivas are hot climates. JinoTEGA is cool & looks nice, but it is 3 hrs from MGA, & all roads lead to Rome = MGA. JinoTEPE is 45 km from MGA & cool. We have not found a better place.
Moving to Nicaragua
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Talk with Expats in Nicaragua
If you're not involved in our Nicaragua Forum, it's a great place to meet others in your area, get answers to questions about moving to Nicaragua or offer advice to a newcomer.
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Expatriate Health Insurance
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Get a quote for expat health insurance in Nicaragua from our partner, GeoBlue.
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Nicaragua Forum
Join our Nicaragua forum to meet other expats and talk about living in Nicaragua.
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Help other expats and newcomers by answering questions about the challenges and adventures of living in Nicaragua.
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