With a friend who goes all over the world picking up land as a long term investment, I get to know his latest purchases and the hot spots when it comes to real estate.
What surprised me was that he is currently eyeing Nicaragua land. HHmm I have not heard of people investing in Nicaragua land but I guess my friend is right in the sense that we have to pick up the land first before the prices are pushed up due to demand. This does not apply to Nicaragua real estate only but to all properties.
I asked my friend the kind of land that he is interested in and he told me that he only wants seaside land because he intends to build his holiday home. I am not sure if Nicaragua beach property would be more expensive that land in the capital city, Managua.
Whatever it is, as an experienced international real estate investor, I believe he will make the right decisions when it comes to Nicaragua property buying!
What surprised me was that he is currently eyeing Nicaragua land. HHmm I have not heard of people investing in Nicaragua land but I guess my friend is right in the sense that we have to pick up the land first before the prices are pushed up due to demand. This does not apply to Nicaragua real estate only but to all properties.
I asked my friend the kind of land that he is interested in and he told me that he only wants seaside land because he intends to build his holiday home. I am not sure if Nicaragua beach property would be more expensive that land in the capital city, Managua.
Whatever it is, as an experienced international real estate investor, I believe he will make the right decisions when it comes to Nicaragua property buying!
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