Thursday, January 29, 2009

Nicaragua Real Estate

The Nicaragua real estate market has been maturing over the last decade and it is ready to explode into the sights of savvy investors and retiring baby boomers. Nicaragua is located in the heart of Central America and direct flights into the capital city of Managua are available from a number of U.S. airports.

The tourism industry in Nicaragua has experienced impressive double digit growth in the past 5 or 6 years. Nicaragua's unsurpassed natural beauty and exciting tourism related activities are just two factors contributing to the boom. Such attractions and activities include world class surfing and sport fishing, golf, volcano snowboarding, exploring enchanting colonial cities, relaxing on one of the a gorgeous and pristine beaches, bird watching, turtle watching, shopping for handicrafts in the local markets or visiting a coffee plantation in the cooler northern mountainous regions.

Nicaragua's rich and compelling cultural history and an incredibly friendly population only make things better. It is no surprise that Nicaraguan property has become wildly popular amongst baby boomers looking for retirement homes or vacation homes, or to those seeking to diversify a real estate investment portfolio.

Foreigner investors are entitled to hold fee simple title to Nicaragua property in their own names. You may also be eligible to receive some compelling tax incentives as an investor or developer under Nicaragua Law 306. To further ensure your peace of mind, title insurance is also available from some of the most reputable American names.

Because the Nicaragua real estate market remains relatively untapped, compared to other Latin American markets, many great opportunities still exist. As an example here are a handful of opportunities to purchase complete vacations homes for less than $150,000.00US. The cost of living in Nicaragua is roughly 50% less than the cost of living in North America. With all factors in mind the case for buying Nicaraguan Real Estate is very compelling.

For more information please visit Nicaragua Real Estate .