The best real estate decisions are based on a combination of hard data (the prices, the trends, the infrastructure and so on) and softer, more emotional factors like the way a place makes you feel. Granada stands out from other options for real estate in Nicaragua by delivering on both. Visitors first connect emotionally with the city and it’s lifestyle and then, once they run the numbers, many uncover the logical case for investing as well.

500 year old Granada is a beautiful town with a very coherent historic center. Investors fall in love with the Spanish colonial architecture, the tall adobe walls, terracotta tiles, wooden pillars, open courtyards and rich colors. The municipal council is doing a good job in ensuring that all restoration work preserves the colonial architecture and design detail. For example builders are not allowed to change the facade of any of the historic homes and have to maintain the central courtyard and any existing adobe walls.

Granada is located in Nicaragua’s tourism heartland. It receives more international visitors than any other destination in the country and the interest does much to support the value of the Granada Nicaragua real estate. At only 45 minutes from the capital city, Managua (on a double lane highway), 7 minutes from the famous Apoyo crater lake and just steps from Lake Nicaragua and it’s hundreds of isletas (tiny islands), the town has a very strategic location. And we know that location is everything in real estate.

The town has seen a range of infrastructure upgrades and more and more services are available. Recent examples include the improvements to Calle Calzada the prime street running from the central park to the lake and a brand new shopping mall to the north of town. The widened sidewalks on Calzada are now home to cute cafes, trendy restaurants, art galleries, handicraft outlets and boutique hotels.

It’s easy to make the case for property investment in Granada. After all it’s the only place where you can buy a historic colonial property in the oldest city in the Americas. Then, once you study the cost of living numbers, you’ll also find that you’ll be able to enjoy a rewarding lifestyl

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