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In order to provide an analysis of property prices in Nicaragua we follow over 70 real estate developments across the country. These vary from large master planned communities offering a wide range of amenities to condo projects and small-scale lot subdivisions. To increase the comparability of our data set, we split out the prices for condos, lots and single family homes and take into account whether these are beach-front properties, ocean view, tropical view and so on.
The charts below break up the data for Nicaragua real estate. Not surprisingly in all three property categories (condos, lots and homes) it's the beachfront, ocean view and golf properties that have the highest asking price. The data analyses median price and median price per square foot. Click on the labels above the chart to reveal the real estate price information for the different property categories.
If you are interested in reviewing Nicaragua property prices by the main property purchasing destinations in the country then head on over to our property hotspot section. Click through on areas that you are interested in for a breakdown of properties compared against Nicaragua as a whole and the Reveal Real Estate average (which includes Costa Rica, Panama and Belize). The main property hotspots in Nicaragua are San Juan del Sur, Tola Riveria, Central Pacific Coast, Granada and Laguna de Apoyo.
Our current real estate price rank looking at condos and single family homes, shows that developments in Nicaragua make up 4 of the 10 cheapest options. And when looking at the 10 most expensive real estate developments, these comprise projects located in Costa Rica, Belize and Panama only. The relative affordability of property for sale in Nicaragua is also evident in our serviced lot price rank. Nicaragua property developments selling serviced lots cluster at the lower end of the ranking table.
Our database allows for a development-by-development analysis. This is important as much of the variation in property prices depends on the level of completion of the project, its location and accessibility. For each real estate development we track the driving time from the international airport, whether the road is paved, the driving time to the closest town with a decent size grocery store and indicate whether or not the amenities are completed and planned. These are the additional layers of information to help you with your research into property in Nicaragua.
Data relates to the period 2009/2010
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