Real estate property hotspots
San Juan del Sur
San Juan del Sur
San Juan del Sur is a small port town located on a crescent shaped bay on Nicaragua’s southern Pacific coast. What started as a low-key tourist destination has evolved in recent years to become a hub of real estate activity with investors attracted by the enticing coastline, pink sunsets and dramatic ocean views. Dotted across the landscape are real estate projects of all shapes and sizes catering to a range of investment goals.
Visitors soak up the laid back coastal charm and enjoy the local surfing. Numerous beaches await exploration, there’s a local canopy tour, and the sport fishing and turtle watching (particularly at La Flor to the south) are world class. Fishing is still a mainstay of the economy although more and more San Juaneños are finding ways to get involved in the growing tourism and construction activity in the region.
Getting to San Juan del Sur, Nicaragua
Following a spate of road work in August and September 2008, you can now drive the 2 hours from Managua to San Juan del Sur without hitting a pothole. Local residents, hotel operators and developers heaved a sigh of relief as work started in on a particularly difficult patch of road after the turnoff from the Pan-American Highway. Although most visitors fly into Managua and drive south, others arrive across the border from Costa Rica’s Liberia’s international airport.
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Overview of the Area
Real estate market information
Data relates to the period July to September 2009
Recent reviews
Learn from other investors
10.12.2008,
Henkel Smith
A common question these days is Are real estate developers in Nicaragua dropping their prices due to the global economy?. The answer is yes, in certain cases...and here is a quick update to let you know what is going on.
Over the past 5 years there has been an enormous influx of foreign investment in real estate development. We put together some helpful a Nicaragua Real Estate maps that you can view on our website www.realtornicaragua.com so you can see how many real estate developments have popped up along the southern Pacific coast. These are high resolution, and you can download them to print as a reference while doing your research. While many developers have surveyed their property in order to sell lots, the biggest differentiator you will find is the state of infrastructure that has been promised to buyers. The slowdown in the global economy has put some developers in a tight spot, specifically those who did not have their infrastructure installed and paid for before the slow down. This has forced some to lower their prices in an effort to maintain cash flow, and hopefully to complete the promised infrastructure. This brings up an important point. If you are looking to purchase within a development that still lacks infrastructure, and the pricing is being discounted because of this...make sure to consider how long it may take for that infrastructure to actually be delivered. Building your home, and seeing your equity increase will depend on infrastructure.
I hope this was helpful. We try our best to provide the most helpful Nicaragua real estate information and best options for vacation rentals in Nicaragua. Henkel Waters Edge Nicaragua Realty San Juan del Sur
Reviewer has visited the hotspot: Yes
Reviewer has invested in the hotspot: Yes
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International real estate
December 2008 – Road paves the way for progress on Belize peninsula
Work is progressing on several projects on the Belize peninsula of Placencia, long-touted as one of the Caribbean’s next hot spots. After years of delays, the government is finally paving the lone road that runs the length of the peninsula, home to one of the few stretches of white sandy beaches on the Belize mainland. Source: Kevin Brass, International Herald Tribune, Properties Blog
November 2008 – Panama Sept economic activity up 8.24 pct yr/y
Panama's economic activity increased by 8.24 percent in September compared with the same month a year earlier, the government said on Monday. Source: Reuters
November 2008 – Is Latin America really a property hotspot?
If ever there was a time to invest in an exotic home in Latin America, this is it - or so the sales pitch would have it. The region is being touted as the one most likely to emerge unscathed from the current economic turbulence, with luxury new developments aimed at foreign buyers in the most unlikely locations under the sun. Source: Susan Emmett, The Times
Latest articles
International real estate
Comparison shopping: An analysis of purchasing destinations for Nicaragua real estate
The Nicaragua real estate market is hard to generalize on a national level. It's made up of many micro or sub-markets. In this article we deep-dive into some of...