Questions to Ask Before Buying Real Estate in Nicaragua

Posted by Gran Pacifica on Jul 9, 2013 8:33:08 AM

Real Estate in NicaraguaOver the past few years, there has been an obvious increase in the amount of publicity, tourism and investment that Nicaragua has attracted from around the world. You may be serious about purchasing a vacation home in the country, or you might even be planning to retire there.

Either way, it is important to ask the key questions before you invest. Here are the top five things to ask before you buy real estate in Nicaragua.

Are Amenities Already in Place?

If you are thinking about buying real estate in a community, you might be drawn in by computer-generated graphics of golf courses and pools. Before you invest, however, make sure that these amenities are truly in the works or are already in place, like they are at the Gran Pacific Beach & Golf Resort.

What are the Zoning Regulations in the Area?

Whether or not your home is still in the building phase, it is worth asking whether there are any zoning regulations in place. The peaceful area by the beach might soon be covered in homes, or the promise of a blossoming community could remain a ghost town if investors aren't required to build.

Where are the Nearest Medical Facilities?

This is a smart question for anyone to ask before investing in real estate. Thankfully, the nation of Nicaragua offers exceptional medical care, and it costs far less than the same treatment in the United States. Just ensure that you can access a hospital and physician nearby.

Who Lives in the Surrounding Area?

Whether you want to make an investment, retire or move with your whole family, your real estate will be more valuable when it is part of a community like the homes at Gran Pacifica. Find out who lives nearby and ensure that they are welcoming, friendly and excited about the idea of new neighbors.

Is There Sufficient Infrastructure in the Area?

A home will be much more valuable in the future, as well as more enjoyable to live in today, if the surrounding area boasts the necessary infrastructure. Things to look for include electricity, phone lines, Internet connectivity and paved roads.

Buying real estate in Nicaragua can be a smart move, and it might be ideal for your future home. Click here if you are interested in learning more about some of the available properties in Nicaragua.

Gran Pacifica

Written by Gran Pacifica

Gran Pacifica is a master planned community of over 2500 acres and 3.5 miles of Pacific coast line an hour west of Managua in Nicaragua. The company focuses on providing their international and domestic clientele with communities that feature first-rate amenities and infrastructure including underground utilities, paved streets and sidewalks. Gran Pacifica's primary demographic is North American Retirees and vacation homes in Nicaragua owners who enjoy living in a robust beach and golf community.

Topics: Real Estate in Nicaragua