Real Estate in Nicaragua

Last updated on Jan 02, 2024

Summary: An expat looking to buy a home in Nicaragua should begin by researching the local real estate market. It is important to understand the local laws and regulations regarding foreign ownership of property. Expats should also consider the type of amenities they are looking for in a home, such as access to public transportation, proximity to schools and shopping, and the availability of recreational activities. Foreigners are allowed to own property in Nicaragua, but there are certain restrictions. For example, foreigners are not allowed to own land within 50 kilometers of the coast or within 50 kilometers of the borders with Costa Rica and Honduras. Additionally, foreigners are not allowed to own more than one hectare of land in the country. Homes in Nicaragua typically include basic amenities such as running water, electricity, and sewage systems. Many homes also have access to public transportation, schools, and shopping centers. Additionally, many homes have access to recreational activities such as swimming pools, tennis courts, and golf courses.

How do I find a place to live in Nicaragua?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One way to find a place to live in Nicaragua is by researching online. There are several websites dedicated to helping people find accommodation in Nicaragua, such as Encuentra24, Encuentra Viviendas and CercaCasa. These websites allow you to search for properties in different cities and regions in Nicaragua. Additionally, you can use websites like Airbnb where you can find apartments, houses, and villas for rent in Nicaragua. If you prefer to look for an accommodation in person, the best way to do so is to ask around in the city or towns you are interested in; many people rent or let out rooms or apartments through word-of-mouth. Facebook groups can also be a great way to find a place to live; many Nicaraguans join such groups in order to list properties for sale or rent," said one person in Nicaragua.

"I would stay in different parts of the town each time I came to get a feel for the different sights, sounds etc," remarked one foreigner who made the move to San Juan del Sur.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.