Tourism trends are useful predictors of real estate sales. You know how it goes. You go on holiday, you find a charming little fishing village and spend two glorious weeks relaxing and enjoying the lifestyle. On one of your last days you glance in a real estate agent’s window and start looking at property. Looking back at trends, in Costa Rica the course of events was much like what is happening today in Nicaragua. First, political stability was achieved with focus on improving the economy and infrastructure. Then its wealth of spectacular beaches attracted tourists in record numbers, followed by retirees, investors and real estate developers.
The positive image and perception of Nicaragua continues to increase around the world, as evidenced by the continuing rise in tourism. In fact, the number of foreign visitors to Nicaragua topped one million in 2011.
NBC’s today show aired a segment on the 10 best travel bets this year and of course guess which country made it to the list? In the past few months, Nicaragua has made U.S. News & World Report’s lists of top colonial retirement destinations and Best Overseas Retirement Options, was named the No. 1 “Emerging Destination” by Wanderlust Travel, and ranked No. 3 on the New York Times’ list of 46 places to visit this year.
One of the things we still often hear are the outdated perceptions that remain regarding travel to Nicaragua. It is a case where the country’s past, now more than thirty years ago, continues to color its awareness and, in particular, how Nicaragua is perceived as a place to visit and invest. , To many the only things this country brings to mind are Sandinistas, Oliver North and the Iran-Contra Affair Times have changed. Certainly, we believe without a doubt that Nicaragua is now beginning to command the positive attention it deserves, which we are hoping will help more and more people understand the opportunities and promise here.
For those of us that have already committed to Nicaragua and its future—or considering the country as a place to visit, retire or invest—the increase in tourism is a significant sign that a bright future here is unfolding. But you should also do the take time to do your research and make an investment decision since the more visibility Nicaragua receives will translate into more people seeking opportunities. Costa Rica when it was “discovered” by outsiders over 20 years ago, resulted in a boom of real estate investment that paid huge dividends to those with the vision and courage to push ahead. Speaking of Costa Rica, there is a growing number of Ticos crossing over to spend their holiday weekend in neighboring Nicaragua because of its affordability. Even they too, have realized that your dollars stretches a lot further here.
In 2013 you will discover a Nicaragua that boasts a rich cultural heritage, beautiful scenery, incredible biodiversity, lakes and volcanoes and an ever growing range of leisure activities. Tourism was a non- existent industry not long ago but is now one of the country’s top income producers. If by chance you are considering retirement destinations, then it may be helpful to know that Nicaragua offers an attractive retirement program designed to encourage retirees and pensioners to move here.
Recent changes to residency laws have made Nicaragua’s retirement program one of the most benefit-laden in the region.
If you are just looking for a great place to enjoy a vacation, You can find beautiful sunsets, warm and inviting people, great fishing, world-class surfing waves, interesting things to do for all ages, turtle sanctuaries and rich biodiversity. Many compare the coastline with parts of California or Costa Rica.
If you never thought that 10 bucks could provide a great lunch for 4 people, then you haven’t been to the New Nicaragua, and you are not living the Nicaraguan Dream!