Can somebody give Nicaragua a break? This country, known for its political instability and internal conflict is desperately trying to change its image from a war torn nation to an attractive foreign investment opportunity. And in all reality, Nicaragua is the latter rather than the former.

Nicaragua’s real estate market is still in its developing stages, due largely in part to the fact that it is frequently overshadowed by other Central and South American countries. Henkel Smith, the president of Water’s Edge International Realty said, “Because Nicaragua has historically been overlooked by travelers and real estate investors [in comparison] to Costa Rica, Panama, and Mexico, prices have remained extremely affordable.”

The most popular places to invest are Granada, on the bank of Lake Nicaragua, and San Juan Del Sur, on the Pacific Ocean, just north of Costa Rica.

Recently, President Daniel Ortega has made personal investments in business and tourism projects around the country, showing his enthusiasm for an increased market.

At this point Nicaragua appears to be an investors dream. Its beautiful landscapes and abundant natural resources, coupled by a government that seems to be quite keen on attracting foreign investors and tourists make it the ideal vacation and retirement destination for Americans.

Read more about investing in and navigating the Nicaraguan real estate market here.

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