Baby boomers are starting to look at Central American real estate and in particular Nicaragua Real Estate as a desirable place to retire. And why not? Nicaragua, once riddled with civil unrest, has transformed into a beautiful, tranquil and affordable place to relax and enjoy life. There is quite literally something for everyone in beautiful Nicaragua
The cost of living in Nicaragua is probably one of the biggest benefits for many of the current ex pat residents. Food costs are extremely low compared to typical first world markets. Seasonal produce, fruits and vegetables, dairy, poultry and beef can all be obtained from local markets, as well as well stocked modern grocery stores. Basic food costs are typically a half to a third of the price in the US.
Nicaragua really does offer something for everyone. There are sleepy little fishing villages that dot the majestic Pacific Coast. You can spend the afternoon watching children play amongst the waves or watching fishing boats return with their harvest. There are a few wonderfully preserved colonial towns. Take a horse and buggy taxi while admiring the awesome architecture.
The climate in Nicaragua is almost always beautiful with the heaviest rains of the green season generally limited to the month of October. The skies are blue and the air is fresh. The temperatures hover around a warm 88 degrees Fahrenheit and most days enjoy a refreshing off shore breeze. If you prefer a more temperate climate then you might prefer the mountainous regions of northern Nicaragua. The coffee growing areas are a very beautiful luch green and enjoy year round temperate climates.
It has only been quite recently that the already value priced Nicaragua became even more attractive, as world economic conditions led to a slow down in almost every real estate market. Nicaragua had recently enjoyed a mini real estate boom, but still managed to remain relatively inexpensive compared to other Central American investment and retirement locations. Now with the economic slowdown, a number of previously unavailable opportunities are presenting themselves. For example, a North American style vacation home with ocean views can be found for under $200,000, whereas the equivalent property may sell for two to three times that amount in Costa Rica.
Keep Nicaragua in mind when you are doing your tropical retirement destination research. Whether you choose volcano views with a temperate climate, or sunny warm weather and ocean breezes, you will more than likely be surprised at the options available to you, and the cost of investment and living. Visit for yourself, and you won’t take very long to add Nicaragua to your list of retirement possibilities.