Real Estate in Managua, Nicaragua

Last updated on Jun 07, 2023

Summary: The most desirable neighborhoods in Managua, Nicaragua are Las Colinas, Altamira, and Los Robles. The average cost to buy a nice 2 bedroom home in Managua is around $100,000 USD, while a nice 3 bedroom home can cost around $150,000 USD. These properties typically include modern amenities such as air conditioning, hot water, and a kitchen. There are no restrictions on foreign ownership for properties in Managua. Expats should search for a home to buy in Managua by researching the different neighborhoods, looking at listings online, and visiting the area to get a better feel for the area. It is also recommended to hire a local real estate agent to help with the process.

How do I find a place to live in Managua?

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

"One option for finding a place to live in Managua is to search online for rental listings. Websites such as Encuentra24.com, Vivanuncios.com, and Encuentra24.ni are popular sites for finding rental properties in Managua. Additionally, there are many real estate agents in Managua who can help you find a place to live. You can also look for rental listings in local newspapers or ask around in the community for recommendations," explained one expat living in Managua, Nicaragua.

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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.