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Nicaragua.
Some of the smartest investors I know have recently bought real estate
in Nicaragua. Those seeking to double or triple their money in offshore
real estate look to nations that are recovering from years of mismanagement.
Places with excellent real estate and rock bottom prices. Nicaragua
fits neatly inside that category. As my friend Doug Casey always says,
‘wait until they run the tires off the car before you buy into a nation,
that's when it’s time to buy.’ It’s time to buy. (Doug owns real
estate in Nicaragua.)
The Nicaragua Report written by Christopher
Howard is a seventy-five page report on everything you'll need to know
about moving to Nicaragua. As stated, Nicaragua currently has an excellent
real estate market and has much lower prices than Panama. In addition
to low prices, it also has some excellent real estate, pristine beaches,
ranches, colonial buildings and numerous islands that are for sale at bargain
basement prices. The Nicaragua Report covers everything you want to know;
investing, residency, entertainment, real estate, travel, medical facilities,
business opportunities, meeting people, history, future prospects, tour
information and much more. We have a Table of Contents for the Nicaragua
Report in PDF which gives you a clear indication of the breadth of this
report. (To view the Table of Contents in PDF click on the link at the
base of the page.) It is an excellent report and is priced at only $20. |
Nicaragua is a country unlike any
other. Its simplicity of character, yesteryear charm and colonial cities
are strong and persistent invitations to linger. The urge to remain
in Nicaragua can become obsessive. I am constantly renovating 200 year
old buildings in my head every time I walk the streets of Granada.
Granada has cafes where expatriates gather and sidewalks filled with European
backpackers. It is a remembrance of finer things, a slower more protein
world and no one can look at it without a sense of physical connection.
Real estate in Nicaragua can be a
amazing bargain. As I write this I see in the EscapeArtist Real Estate
Marketplace listings for:
•a small island with a house, fruit
and coconut trees, ten minutes from Granada priced at $70,000,
•a 1,210 acre coffee farm with 120,000
coffee trees, 660 acres of hardwood trees, a hacienda, a lagoon and some
waterfalls. The price is $349,690 Negotiable.
•Compare the above with a 927 sq.
ft condo in Miami for $257,000.
"Land prices [in Nicaragua] are
ridiculously inexpensive."
February 2002 issue of Conde
Nast Traveler - -
The Caribbean Property List website
shows a 274 acre working cattle ranch for $270,000 - and some quarter-acre
building lots on Lake Apoyo for $9,000. I’ve hiked around Lake Apoyo,
and it is lovely wooded country. Lief Simon and Kathleen Petticord of International
Living Magazine led me in pursuit of a pack of howler monkeys in the hills
above Lake Apoyo. We had a difficult time getting close to them as
they move from tree to tree very rapidly and with total impunity, they
are extremely interesting animals whose howl is unique and unforgettable.
As an alarm clock they exceed anything you'll find in digital.
.
The Nicaragua Report
is the only report that I know of providing information on moving to, investing
in and/or buying real estate in this Central American sleeper.
Christopher Howard has done a through
job with The Nicaragua Report. There is more than enough here to
get you started, tell you where to look, understand the process of residency
and find those services that are crucial to establishing ones self in a
new nation. Howard has written several books on relocation, including one
on Cuba and one on Costa Rica. I consulted his book ‘The Golden Door
to Retirement and Living in Costa Rica’ when I was doing research on the
book version of Escape From America. I recommended the book at that
time as one of the two best resources on moving to Costa Rica. A
recommendation I’ll stand by. There are resources on the author in the
online resource section, including how to find his other books, his tour
groups to Costa Rica and Nicaragua and related topics. |
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