san juan del sur real estate

Nicaragua Real Estate-- Brisas del Pacifico




Taking San Juan del Sur for example, we compared the median price for condos, lots and houses against the country medians between 2008 and 2009.  In all three categories the relative prices have fallen. So, for example, the median price for single family homes in San Juan del Sur was 30% greater than the overall country median in 2009.  But in 2009 San Juan del Sur was only 15% more expensive.  

Savvy investors would be wise to triangulate this data with broader trends such as infrastructure developments, tourism rates as well as the progress of individual real estate developments in San Juan del Sur to determine if this data reveals a buying opportunity.

Determining opportunity

New data on International real estate international real estate just out by Reveal Real estate shows a drop in median prices for real estate developments in Nicaragua between 2008 and 2009. Serviced lots registered a fall of 10.54%, condos 7.43% and single family houses 9.57%

But in which areas where have these falls been the greatest?  And can this data help investors focus in on destinations where there may be bargains to be had?  

First lets consider the main purchasing destinations for Nicaragua real estate.  Over 80% of international real estate developments lie in the following four areas:  San Juan del Sur, Tola Riviera & Popyo, the Pacfic Central Coast and the area South of San Juan del Sur to the border with Costa Rica.  These represent Nicaragua's hotspots: Areas that are undergoing infrastructure improvements, have inherent appeal, offer 'lifestyle activities' such as surfing and water sprots, and those that attract the highest numbers of tourists.

Why Did Jeff Probst of <em>Survivor: Nicaragua</em> Email Me? - Huffington Post (blog)
Why Did Jeff Probst of <em>Survivor: Nicaragua</em> Email Me?Huffington Post (blog)In 2006, while living in Nicaragua, I learned that my ex-girlfriend had been found dead in her clothing boutique in the same San Juan del Sur -- brutally ...and more »

Nicaragua good choice if traveling on a budget — for now - Palm Beach Post (blog)
Palm Beach Post (blog)Nicaragua good choice if traveling on a budget — for nowPalm Beach Post (blog)Nicaragua's west coast boasts top surfing and other sea sports, which have turned the aforementioned San Juan del Sur into a more developed but still rustic ...

A Full Serving of Crime Fighters and Comedies - New York Times
New York TimesA Full Serving of Crime Fighters and ComediesNew York Times... but it welcomed the 21st season of “Survivor” and the free publicity for the nascent tourism-real estate boomtown of San Juan del Sur. ...and more »

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