May 31, 2009

Nicaragua Real Estate

Things have changed so much in respect to Nicaragua real estate since last year. The first and most obvious change is a significant decrease in demand. The second and slightly less obvious change is that there are so many great deals to choose from. I am in the middle of preparing to take some clients out tomorrow and I'm having to skip some places because there is just so much to choose from. I am able to show them a half dozen properties that suit their needs and all are 30-40% less expensive than what they are willing to pay. I know they will be very pleased.

The rains have started and now San Juan del Sur is becoming a vibrant collage of different shades and textures of green. The air is still generally hot and heavy but there is often an evening breeze to keep things cooler and bearable. The wet season is a beautiful time to be here. Actually the rainy season or wet season in Nicaragua is a bit of a misnomer. When it rains, it generally only rains for an hour or two and often the rains come at night. October is the exception to this rule. In October it can rain a lot.

In a few short weeks we will be heading back to Canada for a few months. Although we are visiting Canada in the heat of the summer it will still be cooler than May in Nicaragua. We will return to Nicaragua later in the year when the Nicaragua real estate season picks up some steam.

2 comments:

  1. Have things begun to pick up yet? In the US we seem to be at the beginning of some positive movement.

    -- Dan
    Outer Banks Revealed

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