For too long, Northern Nicaragua has been misunderstood. It’s been painted as a poor, war-torn region.
But what you’ll find is a stunning coastline and dramatic lakes and volcanoes. Vibrant, safe, and historic towns and cities. Smooth highways and start-of-the-art energy plants. A robust agricultural sector. As real estate investors, these misconceptions are good news because we can get in ahead of the pack to pick up bargains.
Now is the time to book your place on the members-only scouting trip this May 26–29.
Real estate is still at war-torn prices. But this area is on the up and big things are coming for Northern Nicaragua.
This is a definite Path of Progress story. For years, Nicaragua’s tourism industry has focused on the Pacific Coast in the south of the country. The north has been almost entirely overlooked.
Now, tourists and local government are starting to realize the potential of the north. The government is investing in infrastructure. New roads are being put in place. And more adventurous tourists are spending time here.
That’s how tourism development usually plays out. First, the in-the-know vacationers come. Then, as word gets out, more and more come. The economy starts to grow…and real estate values start to rise.
We’re ahead of the curve here. I see big opportunity to buy for pricing far below what you’d pay in the south. But as word gets out, those opportunities will get rarer.
Our Plays in Northern Nicaragua
The colonial city of Leon is an attractive place. It’s bright, colorful, and friendly. It’s Nicaragua’s second city and has a long history. The city, as it stands now, has been here since the 1800s. It has a big university population and is the center for government in the area.
Leon reminds me of the city of Granada, which I visited a decade ago. Back then, tourists were just starting to come to Granada. Now, it’s a major destination.
Right now, Leon is on the path to becoming as popular with tourists as Granada is. But it’s still an up-and-coming location, even without the tourism angle. The middle class is growing. Gentrification is happening—new cafes and international restaurants.
At the moment, you can buy a colonial home in Leon for a steal—at 30% less than what you’d pay in Granada. That’s a pricing anomaly that just reflects where Leon is on the development curve. Medium term Leon has the potential to far outstrip Granada. Granada is a tourist town. Leon is this…and a major administrative center, and a university town…and a commercial center.
Right now you could lock down a colonial fixer upper from $60,000. As word about Northern Nicaragua gets out these colonial homes will become a scare commodity. Figure on entry price points north of $120,000 as tourists and expats catch on.
Locking Down Farmland Cheap
Drive 35 minutes north of Leon and you’ll reach the city of Chinandega. It’s the center of commerce of the north and Nicaragua’s only Pacific port is here. Here foreign goods are imported. And the region’s cotton and food produce exported.
Outside this prosperous farm town, you’ll find some top-quality farmland that’s going cheap. Some of the land is farmed for peanuts. Other land parcels are in pastureland. That pastureland—unplanted farmland—can be bought for less than planted land.
Farmland here sells for $3,000 to $5,000 per acre. That’s low by international standards for farmland of this quality. But there’s added value to this land. You see, because it’s on Northern Nicaragua’s Pacific Coast, your farmland could come with beach or ocean frontage.
You’ll pay a little premium for the highly development potential of the beachfront and ocean view land—from 10% to 60% to what the land would sell for without the views. But that’s still a killer deal. You’re buying at a little over those bargain farmland prices and getting beachfront development potential included.
Buying Smaller Land Parcels
Northern Nicaragua’s Pacific beaches are a big part of this Path of Progress story. Which brings me on to the third opportunity I see for Real Estate Trend Alertreaders.
Those pioneering tourists I mentioned earlier have already started to come to Northern Nicaragua and already they’ve locked down property by some of the best beaches. They’re an eclectic group—a mix of Europeans and North Americans. They stumbled upon this stunning coastline a few years back and decided to stay.
A number of gated communities are at various stages of development and planning. But, in the early days of a frontier market like this you need to tread very carefully. I don’t recommend any as a buy yet.
But outside those gated communities is where the opportunity is for us now: raw beachfront and ocean-view land.
Let me give you a few examples I saw on one of my scouting trips…
A stunning elevated ocean-view estate lot of three acres. It has a drilled well and electricity already in place. It lists for $85,000. There’s a public road right up to the lot. Down the road an empty beach runs north for miles.
Pay more and you’ll get big bang for your bucks. Like a nine-acre ocean-view farm, close to a marina, for $165,000.
Or right now you could lock down the 13.5 acres of stunning ocean view land—that I told you all about yesterday—for as little as $300,000. Best of all it even comes with its own beachfront area.
Or, if you want something already built, $155,000 buys a cute little bungalow on four-and-a-half acres in the same area. It comes with planted avocado trees and a drilled well.
Or…go big…and you could lock down large track of excellent farmland with beach or oceanfront from $5,000 per acre.
As I said, I see big opportunity here for those who get in first. Â That’s why I’m inviting Real Estate Trend Alert readers to come down to see it for themselves, and see why this place is set to take off—and how you can get in first.
You can visit this May 26-29. You’ll get the chance to walk the stunning beaches, Â be awed by the Pacific coastline, visit those colonial homes in Leon (the best properties available to buy), and you’ll get to run the rule over the opportunity here.
Book your spot on this trip here now.
The trip is being put together by my contact, Jordan Clark. He has a great trip planned. He’s packed a lot into three days. You’ll come down and check into El Convento. It’s an interesting place…my favorite hotel in Leon. Dating back to the 17th century, this former convent is a great place to start yourself on this trip.
You’ll go to Chinandega and see and drive the beaches I mentioned. You’ll have lunch, shoot the breeze with your fellow Real Estate Trend Alert members and Jordan, and then see the best farmland and beach-front properties to buy.
For this whole members-only scouting trip, you’ll pay $455. Bring another person with you and it costs $570 in total. That covers your luxury accommodation, all lunches, dinners, and transportation costs.
Lock down your place now—space is strictly limited to 12 members. Seats on the bus are allocated on a strictly first-come, first-served basis.
Wishing you good real estate investing,
Ronan McMahon