Vacation home in Nicaragua or Costa Rica?

Question

I am looking to buy a beachfront vacation home / investment property in Central America. I just went to Costa Rica and it's great, but have heard that Nicaragua is still undervalued.

Does anyone have experience with buying beachfront vacation homes in either country?

Answer 1

Neither... head to Punta del Este... Uruguay... You'll fall in love!!! with that place....

Answer 2

Definatly Nicaragua. Its has the best homes at the lowest prices. You can buy one and even sell it for more, making you a good chunk of money. In Costa Rica, homes sell for roughlt a bit less than those in the United States, not cheap at all.

Answer 3

Nicaragua!!!

Answer 4

costa rica you get quality and beauty. it maybe more expensive but you have so much guaranteed already you house will go sky high in value where in nicaragua its cheap and you will most likely loose your money and end up leaving that country cant give you the lifestyle you want costa rica can in nicaragua if you want to live like an extremely poor person then that is the place for you if you want absolute beauty and a wonderful house in an amzing country and want your propertys value to go up costa rica is where you want to invest. costa rica is the japan of central america and nicaragua is like china cheap wich means not good quality.

Answer 5

If you want a beach front home at a cheap price then choose Nicaragua. Ocean View Properties in Nicaragua start from as low as $25,000, Costa Rica has extremely expensive beach front homes compared to Nicaragua and Honduras. If you want a suggestion on an area to look into, i suggest the department of Rivas on the Pacific coast (especially the town of San Juan del Sur). There is a very diverse ex-pat community there. People from all over the world (U.S., China, Europe, and Palestine).

Nicaragua has beachfront properties at 1/3 the price in Costa Rica. Also, if you decide to but in San Juan del Sur you can head to Costa Rica which is only 14 miles away by car. You mentioned you wanted a vacation home, when your not there you can rent it out. I have a cousin who bought a house there (overlooks the bay) and rents it out. He bought from RE/MAX and had no problem whatsoever.