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Thursday, January 12, 2012 12:13:44 PM
The consolidation of the coastline in the south west of the country between El Transito and Costa Rica as the prime real estate zone, with San Juan del Sur as a pivotal center, is underway. Over 80% of Nicaragua real estate projects in our survey fall within this zone which takes in the Central Pacific (due west of Managua and closest to the international airport), the Tola Riviera, the town of San Juan del Sur, the Maderas/Marsella area and the coastline south of San Juan del Sur to the border with Costa Rica. On offer are dramatic ocean vistas, secluded beaches and famed surfing waves.
An important property hotspot away from the Pacific is the colonial town of Granada. For the most part, the Granada market comprises individual colonial homes (both restored and un-restored) for sale rather then property within planned developments.
Our Nicaragua property page provides more information on price points for real estate across different categories. Subscribe to the Reveal Real Estate newsletter for more analysis of real estate in Nicaragua comparisons of property prices across Central America.
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