Natural Beauty Meets Real Estate in Nicaragua

Posted by Mike Cobb on May 13, 2015 3:44:02 PM


How many of you have said, “I just want my own private island.”  It’s a dream that so many have, but are often unable to achieve.  In fact, most probably don’t even start looking into the possibility, as they fear the inevitably enormous price tag.  When it comes to island real estate in Nicaragua, that dream is far closer than you could have imagined. 

In Lake Nicaragua just outside Granada, you will find Las Isletas, islands formed from volcanic rock hundreds of years ago.  Over those many years, flora and fauna have established themselves on the small islands, and seawalls have been built around most of them.  Even more attractive are the utilities that have already been extended to many of the islands. 


Many who have gone searching for real estate in Nicaragua have taken the unbelievable opportunity to buy a private island at a very reasonable price.  One island complete with stone steps, seawall and electricity is currently selling for $340,000.  This is a price point that can be hard to find even for a small house in many US markets.  In today’s North American real estate market, it can be hard to even get a decent yard, let alone an island to explore at will. 

Imagine your neighbor being a boat ride away, knowing that you won’t be faced with traffic, nosy neighbors or any of the daily peeves that populate the landlocked life.  While location is a huge factor in the value of real estate, (and who wouldn’t want that location to be a private island?) price is also a big consideration.  Real estate in Nicaragua is diverse and undervalued enough that you are given a huge range of choices, so many of which could be perfect for a wide variety of people. 


Not only can Las Isletas offer you your own island getaway; they are also gorgeous natural formations.  If you have some free time, take a boat over to Monkey Island and see wild monkeys in all their glory, then swing over to a lakefront restaurant.  Does this sound too good to be true? It might, but once you see Las Isletas you’ll believe that an island paradise is truly within your reach. 

Of course, the isolated island life isn’t for everyone. Nicaragua’s real estate market really has something to offer everyone. Whether it’s the master-planned community of Gran Pacifica, or the hillside homes of San Juan del Sur, or a home in downtown Granada complete with Spanish courtyard, North Americans are sure to find real estate options in Nicaragua that strike their fancy.

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: Real Estate in Nicaragua