Nicaragua–CNBC’s#1 Choice for a Value Vacation

Posted by Mike Cobb on May 28, 2012 4:43:51 PM

CNBC ran an article last week naming Nicaragua as one of 5 great locations for a value vacation. In good company with Argentina, Poland, Iceland and Indonesia, Nicaragua continues to impress those folks willing to set aside preconceived notions and hit the ground with fresh eyes and an open mind.

Story after story in magazines and newspapers, positive reports from NGO's, governments, and the World Bank continue to show Nicaragua as a safe, warm and welcoming country for visitors and investors alike. And as far as value for the dollar goes, Nicaragua is a real winner as this article in CNBC states.

Real Estate in Nicaragua – An Exceptional Value Too

If you are thinking about real estate in Nicaragua, do so soon. As perceptions change prices will move up to close the artificial gap caused by an information arbitrage. Right now ocean front properties are selling for half of Costa Rican prices, or even less in many cases. This pricing gap will continue to close as perception and reality converge.

Take a look at the CNBC article and be in touch if visiting Nicaragua or owning property in Nicaragua is of interest. The country continues to impress visitors and investors alike and if you’ll give it a chance too, you’ll be glad you did.

 

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: Tourism in Nicaragua