| US$1 equals 11.7 Nicaraguan cordobas |
|
| “Why Granada?”
I had been traveling in Nicaragua for a
week, with David and Lydia Dell, scouting out a site for our new International
Living office. That morning, we had decided that Granada would be
the place. Thus the question, posed by the gentleman having lunch with
us, an American who moved to Managua from Pittsburgh four years ago.
We’ve chosen Granada as the location for
our new office, I explained, because Granada is the most agreeable city
in this country. A city with history and charm and a large central plaza
surrounded by old Spanish colonial buildings. A city with little streets
for meandering, neighborhoods for exploring, and style.
The people dress better here than in Managua
or elsewhere. The buildings are painted bright blues and greens and reds.
The women walk proudly to and from the market balancing baskets on their
heads, smiling, and holding hands with each other. The children ride bicycles
in the main square. |
This article is reprinted from
a recent editon of the International Living Magazine. If you intend
to move overseas and restart your life abroad we can think of no magazine
that is more suited to your needs. As Kathleen says, "Granada is
a place where you can settle in...on one of the long, breezy porches running
along the main square. Settle into a white wicker rocking chair and soak
up the scenery." This kind of information, geared to improve your international
lifestyle, are the de regor in each issue of International Living - If
you haven't subscribed we recommend that you do.
SUBSCRIPTION
INFORMATION
|
|
|
Rocking chair
reveries
Granada is a place where you can settle
in...on one of the long, breezy porches running along the main square.
Settle into a white wicker rocking chair and soak up the scenery.
It’s 6 a.m. as I write this. I’m sitting
on one of those long porches in one of those rocking chairs. Beside me,
two gentlemen are doing the same thing. They’re Americans. Texans from
their accents.
They’re talking about the e-mails they
received last night. Talking business…as they rock slowly and watch the
square wake up.
Already young women in pretty skirts are
crossing the square on their way to work. The tiled porch where I’m sitting
is being mopped. The streets and the square are being cleaned. (The square
was filled with people, even young children, until at least midnight when
I finally went to bed.) They sweep up every morning, I understand.
As we drove in, I saw that some of these
grand old buildings are covered with scaffolding. They’re being renovated
and painted. This sleepy, once-grand city is regenerating itself. I hope
it doesn’t move too quickly.
Right now, Granada is still a good place
for escape. This time of year, there’s nary a tourist in sight. The only
ones I’ve seen are the gentlemen rocking beside me.
Yesterday was market day. Vendors at makeshift
wooden stalls offered everything from watermelon to papaya...from ladies
lingerie to children’s toys. One of the gentlemen next to me is boasting
to his buddy about the leather belt he bought for $4 and the red polo shirt
he got for $12.
A new point on
the world map?
Word on the street is that Granada is on
its way...a major international destination in the making.
I’ve heard this before. Mostly from real
estate agents in beach towns where they were trying hard to sell beachfront
property. Here, the claim is more credible because it’s not coming from
the guys hustling property (at least not only from them).
You hear this from everyone you speak with…the
Granadians, the tourists from Costa Rica and Guatemala, and the expatriates
who’ve already made Nicaragua their home. They’ve been watching the transformation
for the past few years. They say the changes are noticeable month by month.
Granada by horse-drawn carriage
One
evening in Granada we asked one of the carriage drivers to give us a tour
of the city. For two hours, his team of well-underfed horses pulled us
from sight to sight. We saw the old fort outside town (built in 1754 and
restored in 1996). We climbed to the top of one of the lookouts for a grand
view of the city behind us. We saw the development along the lake. Playgrounds,
picnic areas, bike trails, and kiosks line one long stretch that serves
as the local beach. Dozens of people were swimming as we trod by. The driver
waited for us as we stopped to inquire at houses with se vende signs on
their doors. One little house, several streets off the square, is advertising
“Se Vende $15,000.” Our driver also waited while we looked around in an
appliance store. (Refrigerators sell for $600, stoves for $200 to $300,
and a double bed for $200.) And he took us to see all three of the Streets
of the Millionaires. Our customized tour cost $25. |
|
|
Granada is unique in this country. It’s
the only city of any size where you could live and be comfortable. Managua
is bigger, of course, and offers more amenities and infrastructure. But
it’s not a place most people would want to live. It’s dirty and crowded
and otherwise nondescript. The residents of Granada look down their noses
at Managua.
Their city offers good restaurants, good
hotels, a movie theater, four internet cafés, and decent shopping
(there’s a big computer supply store, for example).
Managua has these things, in greater abundance
(and many Granadians make monthly trips to the capital to stock up on things
they can’t buy locally). But what Granada has that Managua doesn’t is something
that’s hard to pin down and impossible to manufacture. Granada has character. |
Granada feels like a small town…friendly and
safe. And, yes, like it’s on its way to becoming a point of distinction
on the world map. Some say it’ll become Nicaragua’s San Miguel de Allende,
the artists’ community in Mexico.
Wandering the neighborhoods, passing the
houses with their balconies and ornate ironwork, you begin to believe these
prophecies. There’s already an art school and a small art gallery. Last
night at our hotel I met an American artist from Los Angeles. He’s thinking
he’d like to spend time here painting the old buildings and the park. He’s
traveling with a friend, another artist, an American now living in Costa
Rica where he has started an artists’ colony. Maybe, they explain, they’ll
try the same thing in Granada.
Of course, there’s a long road from here
to there. Right now, this is a Third-World city. In some areas, sewage
still runs through the gutters.
A taste for free
markets
There’s worry that next year’s election
may interfere with the country’s (and this city’s) progress. Right now,
there’s a lot of posturing, especially by the current president who is
very unhappy he can’t run for another term. However, everyone we’ve spoken
with agrees that the Nicaraguans won’t tolerate any serious troubles. The
current battles being waged in the press are one thing. Real battles that
might interrupt the flow of revenues or aid…these won’t be allowed. Nicaraguans
(and Granadians) have gotten a taste of what capitalism can mean. And they
seem to like the flavor.
| The concern over the approaching election
could work to your advantage as a would-be investor. Prices are holding
steady right now. But the (reasonable) expectation is that after the election,
assuming all goes peacefully, prices will jump and then continue to appreciate.
Right now could be the time to buy.
We’ve invested ourselves, as you know.
About four years ago, we purchased, with friends and colleagues, a tract
of land along the southern Pacific coast. Now we’re opening an office here
in Granada. We’re committed to Nicaragua. We think with good reason. |
City of las madres Granada
is a city run by its women. Its past two mayors have been women, and its
next mayor will be a woman again. (Both primary candidates are female.)
When you buy or rent property, you’ll deal with the woman of the house.
She’ll take your money. In the center of the plaza is a statue of La Madre.
The city was largely spared any fighting during the war, because all the
country’s important women, the mothers and the grandmothers, were hidden
away here and protected. |
|
|
Colonial mansions
from $80,000
One more thing: If the old Spanish colonial
structures in Granada appeal to you as much as they appeal to me…you can
buy one for $80,000 to $100,000 (it’ll need a lot of work)…or you can spend
as much as $200,000. A few years ago, these places sold for $40,000 or
$50,000, or less. The trouble is there aren’t many of them. The city burned
in 1856 and was rebuilt according to the same plan. Most of the colonial-style
houses are 150 years old. You can count on your fingers those that date
back more than 400 years.
Next time I visit I’m going to travel to
the little towns just outside Granada. These are built according to the
same plan as Granada, with a central plaza surrounded by colonial buildings
with long, open porches. And in these towns, I’m told, you can buy these
grand old houses for $50,000 or less. I’m interested to know more.
Una casa for rent?
The Dells and I came to Granada with the
intention of finding a place to rent for the new IL office. Westarted by
visiting the real-estate agents in town. One of them stood us up. Another
had only his own house available for rent.
We had much better luck asking around in
the local restaurants and hotels. In each case, someone knew someone who
might know of a house for rent. Most rentals are never advertised as such
and certainly never make it to the real estate agents’ books. The Nicaraguans
are proud and private. Typically, if they want to rent or to sell a property,
they tell a handful of people and rely on word-of-mouth to find a renter
or a buyer.
To give yourself a chance to get to know
the neighborhoods it’s advisable to rent before you buy. Three hundred
dollars a month is a typical rent in the center of town. The locals may
quote higher rents to you, a gringo.
The nicest streets in Granada, outside
the central downtown area, are Calle Calzada, Calle Atraezada, and Calle
Galdeva, known as “The Streets of the Millionaires.” These days, though,
there aren’t any millionaires living along these broad, tree-lined avenues.
The once-grand houses still standing are nearly dilapidated.
At points, near-shacks have been erected
in between. Still, the prices can be right. We saw one colonial-style house
with a gated entrance, a large front veranda, and some nice features inside,
available for $400 a month. This place, though, like the others, needs
serious renovation.
To rent in Nicaragua you need a standard
rental agreement drawn up and notarized by an attorney and then filed with
the proper government agency. Our attorney in Managua can help with this.
Contact Dr. Modesto Emilio Barrios at barrios@ibw.com.ni
-
The easiest, safest way to rent, though,
is with the help of David and Lydia Dell. They are packing as I write this,
preparing for their move, and will be in residence in Granada by the end
of September. They’re there on your behalf.
Let them help. Visit them at 140 Arsenal,
Granada, Nicaragua. Or send them an
e-mail at Nicaragua@InternationalLiving.com
-
Where to stay…where
to eat
Granada is moving up-market.
New restaurants and hotels are being opened, mostly by foreign investors,
every month.
Etienne Vanoye, from
Lilles, France, opened the Hotel Colonial one month ago. Located
a half-block off the main square, this is a beautifully designed and decorated
place with 26 rooms, including suites and condos for longer-term stays.
For as little as $50 a night (for a single room), you can enjoy relative
luxury and a prime location. The large, comfortable suites go for $100
a night. I wish we’d known about this place before booking at the Alhambra
around the corner. For reservations at the Colonial, tel. (505)552-7581,
fax 7299, e-mail: hotelcolonialgra@nicanet.com.ni
-
Herm Hamhuis, a friend
living in San Juan del Sur, makes two other hotel recommendations for Granada:
the Hotel Italiano, also new and only $35 per night...and also for
sale...and the upscale and beautiful La Casona de los Estrada, a
small luxury hotel just off the main square. This is one of the nicest
hotels in Nicaragua, Herm says. It has a big, well-planted, interior courtyard,
and large, well-decorated rooms. They want $115 a night.
The best restaurant in town
is the Mediterraneo, on Calle el Caimito. It has a good menu, with
daily seafood specials. But the best part is the proprietress, who speaks
good English and who has a special interest in helping foreigners adjust
to life in Granada. She has been a great source of information and contacts
for the Dells and me. The real estate agents in town told us they had no
rentals on their books. Enriqueta introduced us to a local gentleman who
knew of four houses for rent in and around town.
Also good is the Restaurante
Dona
Conchi’s, on Calle Caimito de la Alcadia. Dona Conchi moved to Granada
with Enriqueta (the woman from the Restaurante Mediterraneo) and Enriqueta’s
daughter in the early 1990s. The three opened The Mediterraneo together.
About a year-and-a-half ago, Dona struck out on her own and opened what
is the second best restaurant in the city. The menus are very different.
Mediterraneo, despite the name, features more typical Nicaraguan specialties.
Dona’s restaurant specializes in Mediterranean fare.
Conchi’s is distinguished,
though, primarily by the bullet holes in its walls. Legend has it that
William Walker was captured here and stood up against these walls for execution.
He stood just 5'2" tall. The marksmen ordered to carry out his execution,
evidently, didn’t allow for this fact. Or maybe they were just very bad
shots. The holes their bullets left are all at the six-foot mark or higher.
William handily escaped and fled. We sat the table just beneath the bullet
holes and the plaque that tells the story. |
|
.
.
. |