Enjoy a Life of Luxury by Lowering Your Cost of Living

Posted by Mike Cobb on Jan 27, 2016 12:11:17 PM


If you're ready to improve the current quality of your life or have a more luxurious lifestyle, you essentially have two options. The first is to earn more money so that you can afford all these upgrades. The second option is to relocate to a place where the luxuries you want most are more affordable. Gran Pacifica, located on the beach in Nicaragua, is one development designed with comfort, luxury and affordability in mind.

Discover some of the ways that a lower cost of living can upgrade your lifestyle.

Cost of Real Estate

What's the biggest expense that comes to mind as you plan out your budget? In most cases, it will be the cost of your home. Whether that is rent or a mortgage and homeowner's insurance, this can be a huge part of your budget.

Rather than moving to a place you can better afford in an undesirable location, consider that you can relocate to Nicaragua and live more affordablly in a great condo only steps from the ocean.

Making your money stretch further overseas on the real estate market is a smart way to have more space, enjoy a better location and all the amenities of home in a tropical setting.

Cost of Labor and Services

Depending on your lifestyle, you might already be paying individuals in your area to help with a range of tasks. You could be paying a housekeeper to clean a few hours a week, a gardener to take care of your lawn or plumber to handle leaking issues that periodically crop up.

All of these types of services are standard, but their costs can vary wildly depending on where you call home. In Nicaragua, where the overall cost of living is so much lower, the hourly labor costs are also lower.

This can mean an increase in the amount of personal services you will be able to enjoy without overspending.

Cost of Recreation

Having a good time can be expensive. Ideally, you would live in a location where the best things in life truly can be free. In Nicaragua, that might mean the beach. Living at Gran Pacifica means kicking back on the beach, strolling along the sand or fishing right from the shore.

If you're lucky enough to live in a community where great amenities and facilities are available, you can also cut costs by having free access to swimming pools, fitness facilities, golf courses and tennis courts.

Cost of Healthcare

Medical insurance is a huge concern for plenty of people, particularly those living in the United States. Moving overseas is the obvious answer for more affordable healthcare, but the key is to find a place that offers affordability without sacrificing quality.

In Nicaragua the cost of medical attention is inexpensive and the quality of care you'll receive is world-class. Freeing up money in your healthcare budget means having more to spend on the finer things in life.

Cost of Dining and Entertainment

Many people sticking to a budget have to skip dining out, drinks at local bars and live entertainment. When you live in a destination with a lower cost of living, you won't have to miss out any longer. In Nicaragua, expect affordable restaurants serving incredible fare and lower prices than you're used to back home.

If you want to live a life of luxury, the answer is clear: move to a more affordable location! Then you can enjoy dining out, live entertainment, a bigger home and more perks, and you can do it all without going into debt or blowing your budget.

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Mike Cobb

Written by Mike Cobb

In 1996, Michael K. Cobb and his business partner formed a company, Exotic Caye International, to provide loans to North Americans purchasing properties in Belize, Honduras, Costa Rica, and throughout the region. With a strong focus on consumer need, Mr. Cobb accurately predicted the growing demand for high quality, residential product for North American "baby boomer" retirees in the region. He led the group into real estate development and created a holding company called ECI Development for several properties, including a resort on Ambergris Caye, Belize. Michael speaks at dozens of international conferences annually about offshore real estate finance, development, and ownership. He was a consultant to The Oxford Club, hosted a weekly radio program, contributes regularly to overseas publications, sits on the board of several international companies, gives counsel to various real estate projects throughout Central America, and serves on the Board of Directors and the President’s Advisory Group for the National Association of Realtors, NAR.

Topics: Living In Nicaragua