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.
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.
No MLS, of course. Visit the town, talk to the folks for info about everything. Search websites.
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.
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.
Good title is hard to get. Bilingual lawyers are necessary unless your Spanish is great.
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.
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Expats discuss the best places to retire in Nicaragua. From upscale communities on the Emerald Coast to the beautiful city of Granada, Nicaragua is no longer just a haven for surfers.
Central America is an increasingly popular retirement destination. Retirees love it's proximity to the United States, lower cost of living, beautiful cities, amazing beaches, healthy lifestyle and friendly people.
Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE
Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE
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Help others in Nicaragua by answering questions about the challenges and adventures of living in Nicaragua.
Expats in Nicaragua offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Nicaragua.
Expats in Nicaragua offer advice about healthcare in Nicaragua.
Expats discuss the best places to retire in Nicaragua. From upscale communities on the Emerald Coast to the beautiful city of Granada, Nicaragua is no longer just a haven for surfers.
Take off your rose-colored glasses and learn what digital nomads & expats have to say about the biggest challenges and the greatest rewards of living in Nicaragua.
Digital Nomads & Expats offer insight into the cost of living in Nicaragua.
Expats living in Nicaragua discuss health insurance and quality of medical care in Nicaragua. Additional topics include health insurance for 65+, in-home nursing care, prescription medicines and more.
If you're thinking about moving to Nicaragua, you must read these 13 things to know before moving to Nicaragua. Expats offer realistic and honest advice about cost of living, learning the language, poverty, renting vs. buying and much more.
Expats discuss the best places to retire in Nicaragua. From upscale communities on the Emerald Coast to the beautiful city of Granada, Nicaragua is no longer just a haven for surfers.
Central America is an increasingly popular retirement destination. Retirees love it's proximity to the United States, lower cost of living, beautiful cities, amazing beaches, healthy lifestyle and friendly people.
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