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Why Nicaragua Real Estate Is Top of Mind (or maybe not)
What have you heard lately about Nicaragua real estate opportunities? Can you imagine what it would be like to retire there?
Just close your eyes and see what you can remotely picture in your mind. Certainly you can picture warm water, tropical winds, and sunny ocean beaches; most definitely fishing and surfing, and all that comes with laid-back island life. These images so far may remind you of SoCal or Hawaii.
But then your mind wonders. Who really lives in Nicaragua? Is it safe? How remote or accessible is it? What about the economy? How politically stable is it? What would it be like to live there?
What you probably didn’t imagine are pristine coastal properties surrounded by untouched lush jungle that some Nicaragua real estate investors predict will increase in value up to five hundred percent in the next few years. The country remains approximately eighty percent undeveloped.
What’s New in Nicaragua
Nicaragua is Central America’s largest country, but one of the least populated. Why? Because few people are lucky enough (or brave enough) to have discovered it. This wild tropical paradise with a very stormy, dark history now sees a peaceful and bright green future. Inspired by its two neighboring tourist and retirement destinations – Panama and the “Oh-so-hot” Costa Rica – Nicaragua is finally getting it right.
The Nicaraguan government is heavily invested in targeting foreign investors, namely North Americans. Interior road construction projects, shopping malls, improved water and sewer systems, hospitals, and new transportation initiatives are all underway.
Nicaragua’s good news is spreading quickly. Conde Nast Traveler calls it an “exciting emerging destination” and names Nicaragua a top ten destination to watch in 2014. Nicaragua’s new safe and friendly appeal, unspoiled quiet beaches, lush tropical rain forests, exotic wildlife – and of course, lovely Lake Nicaragua – are all good reasons to visit. Did I mention you can get there in about three hours from the southern U.S.?
But there’s more you should know about investing in Nicaragua.
Why You Should Buy Real Estate in Nicaragua
Living Costs Are Low
Can you live on social security alone? You can in Nicaragua! In 2010 AARP named Nicaragua one of the best places to retire abroad, largely due to the low costs associated with housing and food. Now, with the government’s dramatic infrastructure improvements and Nicaragua’s Retiree Benefit Program, you get even more for your buck today.
Nicaragua’s retirement benefits for expats are the most favorable in Central America. It’s no longer a secret that Nicaragua is poised for strong economic growth as a top retirement destination and expat mecca.
Timing Is Right and Real Estate Is Still Affordable
Nicaragua’s tourism is steadily on the rise, and so follows the demand for Nicaragua real estate. If you’re looking for an “early-in” investment opportunity, your timing couldn’t be more right. Modern infrastructure and political stability are accomplished. New resorts and eco-lodges are popping up throughout the country. The economy is thriving.
And, yes, the opportunity still exists to purchase your dream at an affordable price. The “mango on top” – Nicaragua has few restrictions on the purchase of real estate relating to foreign investment. According to the Bomchil Group (an Association of Latin American Law Firms), foreign investors have the same property rights as local investors.
Jason Wesley Upton
Culture and Lifestyle Is a Bit Hard to Beat
Nicaragua is known as both the “land of poets,” and the “land of lakes and volcanoes.” The name means “here united with the water.” Nicaraguans thrive on freedom and independence. They’re a creative, vibrant, and happy culture bound by religious freedom, tolerance, and community.
Religious celebrations and cultural festivals draw huge crowds and can last for days. In a “coconut shell,” life in Nicaragua is as simple as you want it to be. The best part is, you choose it.
You can catch a Tarpon, hike a volcano, surf The Boom, or lounge on the beach. Relax in your hammock and read a book, go to a baseball game, or learn to play the marimba and dance The Mestizaje.
If you long for something more than recreation, fiestas, and quiet time, you can always volunteer in your community or start your own business.
Nicaragua’s Best Real Estate Options
The hottest Nicaraguan retirement destinations right now are the colonial cities of Granada and Leon, the capital of Managua, and most notably the southwestern corner of the Pacific coast around San Juan del Sur, where beachfront property options abound.
Craig James
Granada
Situated just 27 miles from Managua on the shores of Lake Nicaragua, Granada is the oldest city in the country. Picture a lazy day in a Spanish colonial town, cooling Lake Nicaragua breezes, historic buildings with red tile roofs, 17th century cathedrals, and treasure-filled museums.
You can smell the aroma of your favorite European dish. You’re preparing to go kayaking and volcano hiking. This could be why Granada is one of the fastest-growing tourism areas in Nicaragua.
Ben Beiske
Leon
The primary northwest city and agricultural capital of Nicaragua, Leon is also a colonial town filled with historic architecture, ruins, ancient cathedrals, and eclectic museums. But what makes it most unique for Nicaragua is, it’s a thriving university town full of cafes, shops, and students.
Property here treats you to impressive views of Momotombo and Momotombito volcanoes. You will get to know Cerro Negro, the youngest volcano in Central America.
Managua
Managua is the spot for you if you enjoy the convenience of big city life. It is the nation’s hub for residents and visitors alike. You can easily take excursions from here to any destination in the country.
Aside from city life, you’ll enjoy your frequent visits to Masaya Volcanic National Park and the Masaya craft markets, beach resorts, and Montibellli Nature Reserve.
Jivika
San Juan del Sur
Think sand and surf on the Pacific coast near Costa Rica’s border. San Juan del Sur is Nicaragua’s most popular surfing destination and beach town. If you love fishing, fresh seafood, and surf, you’ll be in good company.
San Juan del Sur is the country’s most famous tourism destination and has already attracted its fair share of foreign investment. Kick your shoes off and slow down. There’s no “hurry” here.
What makes a destination a great place to live? Is it the place with the most pleasant surroundings? The lowest cost of living? Or even the healthiest and happiest people?
In compiling my list of the best places to live in the world, I took into consideration all of those factors. Plus some others I’ll mention as we go. And the common denominator among all ten of my top destinations is that they’re all in Latin America.
liveandinvest
Why? Because the countries just south of the U.S. border have so much to offer in terms of natural beauty, authentic culture, unrivaled quality of life, and a heck of a lot of bang for your buck.
That’s why these ten best places to live in the world are becoming home to an increasing number of North American expats each year. Because when it comes down to choosing a place to actually settle down and dive into the local culture and become a part of the expat community, you just can’t beat these ten destinations.
Boquete, Panama
Panama consistently ranks among the top retirement destinations in the world, taking top billing again in 2014. And Boquete is its crown jewel, claiming more North American expats than anywhere else in the country, with the exception of the capital of Panama City.
Yet even with its status as a top expat hotspot, it still maintains a small-town feel, due in part to its quaint mountain setting and friendly locals. It’s also home to pretty much any type of business or service you could ever need, thanks to a long-standing expat presence.
Surrounding Boquete are cloud forests, coffee farms, rivers, and numerous other natural landscapes that offer a wealth of activities for the adventurous expat. The area enjoys spring-like temperatures all year, with frequent showers that produce almost daily rainbows.
The cost of living is low, although it’s slowly climbing as more and more expats settle in the area. With fantastic infrastructure and a lot of modern developments, it’s still a great value. Panama is also a favorite destination due to its attractive retirement program benefits for those who qualify.
Cuenca, Ecuador
Cuenca is another mountain town with a large expat community, and for good reason. It’s known for its rich culture, which includes its colonial architecture and a lively art and music scene.
Ecuador also boasts one of the lowest costs of living in the Americas. You can plan to spend less on everything from fresh produce to a renovated condo in the bustling downtown area.
Cuenca is home to a number of universities, making it a hub for international students. It’s also a great, safe place for families with its excellent education and health care options.
There are also plenty of great restaurants, bars, shopping centers, and all of the other creature comforts you’d expect to find in a metropolitan city. Yet it enjoys the same slow pace of life you’ll find throughout Latin America. It’s the best of both worlds.
Though it’s recognized for the terra cotta roofs and blue church domes that dots its city skyline, the area around Cuenca is equally breathtaking. It sits at the convergence of four rivers and is surrounded by mountains, offering plenty of opportunities for outdoor adventure.
Tierra Magica
Nosara, Costa Rica
Nosara is the perfect example of what happens when a city is founded with a plan and the residents remain committed to that vision for decades running. Once used for grazing cattle, the land in and around Nosara has been developed very intentionally, and the results are really remarkable.
No high rise condos block your view of the beautiful sunsets on Nosara’s pristine beaches. Numerous conservation efforts and organizations work to maintain the area’s natural surroundings.
Nosara is known for its surfing, yoga, and healthy lifestyle options. It’s also a great place for families. It’s safe and has several really good schools.
And Costa Rica’s laid-back lifestyle easily adds to the reasons Nosara is one of the best places to live in the world. The locals are incredibly welcoming, greeting residents and visitors alike with the phrase “pura vida” (pure life) that’s become a motto of sorts for the country.
Nosara has a good-sized expat community, as well as the established infrastructure and development you’d expect from such a world-class destination.
Steve D.
Roatan, Honduras
The largest of the Bay Islands, Roatan is a great choice if island living is what you’re after. With plenty of development and consumer options, as well as an airport with direct flights from the U.S., there’s little need to ever leave the island.
There you can enjoy every imaginable aquatic adventure. From sailing to sport fishing to kayaking through the mangroves, it’s all possible in Roatan. Just off the coast you’ll also find access to the world’s second largest reef system, which makes for some incredible snorkeling and scuba diving.
Because it hasn’t quite yet reached the popularity of some of its Latin island counterparts, Roatan is still a bit more affordable. However with its growing tourism industry, including frequent visits from cruise ship passengers, Roatan’s appeal is being discovered by more and more would-be expats each year.
Despite its growing population Roatan still offers some off-the-beaten path areas that offer plenty of solitude, including a few villages that still don’t have electricity.
VivaTropical
Boca Chica, Panama
Another Panama destination has made the list, thanks to its attractive retirement benefits and amazing investment opportunities. Boca Chica is an island destination that’s still relatively unknown but has the potential for tremendous growth in the coming years.
Located in the Gulf of Chiriqui, it consists of a mainland city and an archipelago of over 50 islands, many of which are completely uninhabited. Residents of Boca Chica can spend their days exploring otherworldly islands covered in rainforests, mangroves, and even white sand beaches.
And because of its convenient location, those same adventurous expats can then take a quick shower and drive 45 minutes to enjoy a first-rate steak dinner in a world-class restaurant in the nearby city of David.
It’s this strategic location, combined with a whole host of ongoing infrastructure improvements, that makes Boca Chica real estate such a great investment.
An airport expansion that’s now bringing in direct international flights is among one of the biggest value-adds the area has seen. Folks can now fly in to David from anywhere in the world and find themselves in Boca Chica in under an hour.
P. Schenll
Granada, Nicaragua
Granada is another colonial city that’s absolutely brimming with culture and charm. Horse-drawn carriages still dot the cobblestone streets. If it weren’t for the freshly-painted tropical colors on the historic buildings, you might think you’d stepped back in time.
Well, that and the modern amenities available in the city, a stark contrast from the wilderness that occupies most of the rest of the country. In what’s a mostly underdeveloped country, Granada offers things like reliable utilities, four-star restaurants, and state-of-the-art fitness centers.
It’s located on Lake Nicaragua, one of the largest freshwater lakes in the world. It’s also surrounded by several volcanoes, so plenty of opportunities for exploration abound.
Granada is a town that fought its way back from near demise due to bankruptcy and other issues, but you’d never know it today. Instead, modern-day Granada is abuzz with construction projects and up-and-coming developments.
Granada real estate is extremely affordable, as is the cost of living in the country. It’s home to a number of expats, many of whom are involved in humanitarian efforts in the surrounding impoverished areas.
Ambergris Caye, Belize
If you want to feel like you’re on vacation 24/7 then look no further than the island of Ambergris Caye. Due to its status as a tourist mecca, it’s ripe with all kinds of activities and attractions.
There are surf shops and scuba schools, beach-side restaurants and bars, and plenty of flip flops and floral shirts. In fact, most of the island’s inhabitants are foreigners, particularly those who operate enterprises geared towards other expats and visitors.
The large expat community isn’t the only thing that makes Ambergris Caye feel familiar. Because Belize was originally a British colony, it’s the only Central American nation whose residents rely on the British legal system and speak English as their official language.
Among the biggest perks of the island are that it’s an ocean lover’s dream. Thanks to its proximity to the Belize Barrier Reef, the second largest in the world, it’s the perfect place to enjoy scuba diving, sailing, and sport fishing. You can also explore the more than 450 other islands that lie off the coast.
Antigua, Guatemala
If you’re looking for a place that’s a little less popular among expats and tourists, then you should definitely check out Antigua. It’s a well-preserved colonial city nestled in between some amazing mountains and volcanoes, which make for an impressive skyline.
Because it’s not as highly sought after as some of the other destinations on the list, the cost of living in Antigua is probably a little less than in some of its Latin competitors. Real estate is a great bargain, as are essentials like fresh fruits and veggies and utilities.
With the low cost of living, it’s also possible to splurge on luxuries such as domestic help, which at only $2 or $3 per hour is something many expats are thrilled to find that they can afford when they relocate to the tropics.
In addition to the mountainscapes, Antigua is also decorated with beautiful flora and fauna, as well as the cobblestone streets and other charming touches you’d expect in an ancient destination.
Equipped with just the right amount of infrastructure, Antigua is also known for its Spanish language schools.
Phil
Placencia, Belize
If you like Belize but aren’t crazy about the gringo-saturated island culture then the mainland city of Placencia is another place worth the title of best places to live in the world. If the islands are like living on a resort, then Placencia is like relaxing on a postcard.
The beaches are wider, whiter, and less crowded than in places like Ambergris Caye. There are still plenty of activities to enjoy, but there are also more places to spread out or even find a secluded spot all to yourself.
There’s also a more authentic Caribbean vibe on the mainland, which many expats prefer. It has an even more laid-back atmosphere (if that’s possible), with not even so much as a paved road anywhere in town.
As opposed to the expat-run businesses on the island, the locals are very involved in commerce in Placencia. They even offer guided diving and fishing excursions to visiting foreigners.
Plus, since Placencia is on the mainland, it’s also close to a number of activities suited for the land lover, like jungle exploration and archaeological sites.
Alex Torres
Lake Chapala, Mexico
Understandably Mexico is home to more U.S. expats than any other country. And, other than the border town of Tijuana, the majority of those live in the Lake Chapala area. So suffice it to say that 40,000 U.S. expats would agree that this city is one of the best places to live in the world.
Mexico’s largest freshwater lake, Chapala was once planned as a luxury resort town. It serves as a weekend getaway for locals from Guadalajara and has attracted expats for decades, including Tennessee Williams who chose it as the site from which to write A Streetcar Named Desire.
In addition to the beauty of the lake and surrounding mountains, Lake Chapala offers an ideal climate year-round. It’s also famous for its mariachi music.
Which of the best places to live in the world is right for you?
So if stunning scenery and adrenaline-pumping adventure are your thing, there’s a place on this list that’s right for you. If sustainable living and a relaxed vibe are what you’re into, there’s a destination where you can find those as well.
I’ve done the hard part by laying out the ten best places to live in the world. Now all you have to do is narrow it down.
You may think that owning island property in the Latin tropics isn’t possible within the budget you’ve set for your expat home abroad.
Prepare to be pleasantly surprised.
It’s true that, due to its high demand, island property may tend to run a little on the pricey side. (After all, there is only a finite amount of it available.) But, depending on the level of development and the number of amenities you’re seeking, it’s entirely possible to find remote real estate to fit any budget.
In fact, check out these 10 places you can own an island, or at least a nice-sized chunk of one, for $500,000 or less.
Alligator Caye, Belize: $99,000
Just reduced from $169,000, this property includes 10.7 acres on the southern end of Alligator Caye. It’s off the coast of Belize, slightly north of the town of Dangriga. The Belize Barrier Reef, the second largest in the world, lies just a few hundred yards in front of the property.
It can be reached by boat in 30 minutes from Dangriga or just 45 minutes from Belize City. A lagoon on the back of the island, to which the property has access, offers sheltered boat mooring.
This completely undeveloped island is a blank canvas in a popular area near the country’s largest tourist attraction, the reef. The area has been designated as a World Heritage Site due to its ecological importance. It’s also a great spot for fishing.
Boca Chica, Panama: $199,000 – $449,000
Video of a Glass House for Sale on Boca Chica Island
Boca Chica Island is a gem of a destination located just off Panama’s Pacific Coast in the Gulf of Chiriqui. Surrounded by over 50 mostly uninhabited islands, as well as some of the world’s best sport fishing, it’s currently one of the hottest places in the country to buy property. And it’s our only island project.
This is due largely in part to the newly expanded international airport in David, a number of other large infrastructure projects, and some really incredible scenery. It’s a beautiful place to call home, and it’s an even better place to invest in real estate.
There aren’t a ton of lots still available in the island’s Adventure Colony development, but what’s left is still a great bargain. You can get three acres full of old growth coconut trees, with a level spot that’s already been cleared for a home site, for only $199,000. It sits at the corner of a sandy beach and offers access to a private dock, as well as its own fresh water well.
Also on the island is a contemporary home with three bedrooms and two baths that comes complete with a fully modern kitchen, a solar power system, premium finishes, custom furniture, and air conditioning throughout. Its private dock is right in front of the home, which sits on .75 acres.
It also has a freshwater spring, a large storage bodega, and mature fruit trees. There’s even a caretaker who can continue to provide service to the property if you so choose. All this can be yours for only $449,000.
Belize Tropical Caye
South Saddle Caye, Belize: $300,000
Located off the southern tip of larger Saddle Caye, this island property offers a whopping 2.3 acres, making it a steal of a deal. The island has tons of coral along its southern and eastern shore lines.
On the eastern side, there’s a steep drop-off to over 50 feet, making it great for snorkeling. The western side has a shallow entrance that slopes quite gradually and is perfect for swimming in the beautiful water that’s characteristic of the area.
The western shore also has a great sandy area that would make a great beach after a bit of much-needed clearing. There are large black mangroves in many spots across the island, indicating a solid footing for building.
View from Cay, Satanoid
Secret Island, Belize: $350,000
Located just seven miles off the coast of Belize, Secret Island is a Caribbean getaway that offers loads of potential. At 2.5 acres, it offers plenty of room to build a few houses. There’s also a great beach and a deep cove to allow for a dock.
You would likely need to sand fill the island, in order to have a solid base for construction. Since it’s close to the mainland (roughly a 20-minute boat ride), the transport of building materials would be relatively simple.
The island’s landscape is remarkable with red and black mangroves surrounding it. The water is shallow, only knee deep at 30 yards out in some places. The island offers views of the mainland, as well as several other islands that are within a mile away, and the entire area is a UNESCO World Heritage Site.
Island in Lake Nicaragua, Kristian Golding
Granada, Nicaragua: $350,000
This small island is located in Lake Nicaragua, the largest freshwater lake in Central America. At just under a quarter of an acre, it has just enough space to hold a large three-bedroom, four-bath home and gardens with mature coconut trees.
The home has several terraces and a system for heating water from the fresh water well. There’s also a caretaker already on staff. The home is just five minutes from the nearest dock and 45 minutes from the capital of Managua.
Turneffe Point Caye, Serge Melki
Turneffe Point Caye, Belize: $350,000
With a whole acre to develop as you choose, this island on the north tip of Turneffe Atoll is a real bargain. It’s protected by the Belize Barrier Reef, which lies just 500 yards away. As a result, the water around the island is calm, even on the windiest of Caribbean days.
For access, the island is 28 miles away from Belize City, making it the perfect secluded destination. In addition to exploring the reef, it’s also a great spot to enjoy flats fishing.
Isla Paloma
Isla Paloma, Panama: $400,000
This .25 acre island is located in the peaceful Isla Paloma off Panama’s Caribbean coast, near Bocas del Toro. It has a white sand beach and too many varieties of fruit trees to name. It’s surrounded by a shallow lagoon and mangroves that help protect the island from erosion.
There’s little tide fluctuation and no history of hurricanes in this area. The island enjoys a mild tropical climate (averaging around 80 degrees). It’s also fully self-powered with its own water source, allowing for the possibility of year-round living or use as an income property.
The home itself has two bedrooms and one bath, plus a loft space. It’s fully furnished and includes all kitchen equipment, electronics, linens, and decor. Outside there’s a beautiful garden, party shack, and swim dock for entertaining.
The boathouse has five boat slips (two covered) and includes a 26′ panga style boat with an 85 hp Yamaha engine. There are also water sport toys and equipment, such as skiis, snorkel gear, ropes, life jackets, and a canoe. The separate workshop also comes with all the hand and power tools you’ll need to keep up the property.
Supplies can be obtained from the local town of Loma Partida, which has groceries, hardware stores, restaurants, and some activities. The nearest regional airport is 25 minutes away.
Roatan, Honduras: $469,000
Located on the popular island of Roatan, this property includes a well-constructed two-bedroom home, plus a separate apartment, that’s the perfect place to launch your very own sport fishing or aquatic excursion company. In fact, the current owners have already laid all the groundwork for a successful tourism operation.
The home includes high end finishes and an updated kitchen with modern appliances. There are two more bedrooms in the lower level apartment that has its own private entrance and patio.
As if this weren’t enough, the home also includes a tricked out boathouse, complete with a full kitchen and barbecue area, four private docks, and plenty of areas for lounging. There are two boat lifts, an overhead deck, and tons of storage.
If a tourism business is in your plans, the owners have their successful charter business for sale. Other income options include rental of one of several boat slips or of the downstairs apartment. The possibilities with this property are literally endless.
Bocas del Toro, Jacob Kirkland
Isle of Navarro, Panama: $500,000
This island is located out from Dolphin Bay near beautiful Bocas del Toro. In addition to the generous nine acres of dry island, there’s also a 2800 square foot house that’s built out over the water in the popular style of the area. There’s also a separate residence that can be used for guests or a caretaker.
The island is covered in lush vegetation, which includes pineapple plants, coconut palms, orchids, and banana and papaya trees. It also comes with a 26′ boat with 40 hp motor as well as two generators for power.
Among its other amenities include the island’s proximity (only five minutes by boat) from Bocas del Toro, the country’s top tourist destination.
Nicaragua Island, Steve Summers
Pink Pearl Island, Nicaragua: $500,000
One of the Pearl Cays, this two acre island is only three miles off Nicaragua’s Caribbean coast. Although it could also work as a private personal retreat, the property is currently being used as a tourist business, making it the perfect turnkey property for the entrepreneurial expat.
The options are endless, as the area is great for both sport fishing and scuba diving. It’s a beautiful piece of property with turquoise waters and white sand beaches. It’s protected by the surrounding reefs and other islands and covered in lush flora and fauna.
Structures on the island include three cabanas, each with two double beds and a private bath, an eight-person bunk house with shower room, and a circular main house with a downstairs kitchen and living area and an upstairs master suite with a balcony that offers 360 degree views of the island. There’s also a restaurant/bar with bamboo tables and chairs and a workers’ cabin with kitchen and bedroom space.
The island is easily accessible by boat, but you can also charter a helicopter from Managua or the nearby Bluefields or Corn Islands. There’s a pier on the front of the island, and the purchase includes a 25′, 150 hp speedboat, “The Black Pearl.”
Other features include a heart-shaped swimming pool and a small bamboo beach shower. The property is powered by a 5500-watt generator and is wired for cable and phone service.
So, don’t give upon your dream of owning an island just yet. Check out our island real estate listings to see what’s available, or ask us how we can help.
In the waters of Lake Nicaragua lie over 400 islands. The largest of these, Ometepe, is also its most frequently visited. Spanning 16 miles long by 8 miles wide, it was formed by the lava from years of eruptions by the two volcanoes, Madera and Concepcion, which earned it its name (Ometepe comes from Nahuatl words meaning “two mountains”).
Not only is the island itself quite the sight to behold (picture two volcanoes rising up out of a lake), it also offers opportunities for exploration, relaxation, or a quick history lesson. Home to just a few small settlements and coffee plantations, it also contains some of the only cloud forests in the Pacific region of the country.
Here are a few things you should be sure not to miss on your next trip to Lake Nicaragua:
Kristian Golding
1. Moyogalpa
Your boat or ferry from the mainland will likely bring you to the island’s main port of Moyogalpa, which means “Place of Mosquitoes.” The city itself offers a few hotels and restaurants, as well as places where you can rent a vehicle or book a tour. It’s also the place to access the Concepcion volcano.
As you hike to its 5,280 foot peak, you’ll pass through forests full of exotic birds, insects, and several species of monkeys. At the top, you’ll enjoy great views of the lake and surrounding islands, provided that the clouds don’t block your view. Although the volcano is an active one, it hasn’t erupted since 1957. Don’t be alarmed by the tremors or occasional expulsions of gases. The locals will reassure you that they’re quite common.
B. Faucet
2. Charco Verde
In the shadow of Concepcion sits the Charco Verde area with its shady beaches and tranquil lagoon. The sand is dark with volcanic matter, and the lagoon is emerald green due to an abundance of algae. The waters are great for swimming, and the ecological reserve is home to many rare species.
The area is rich in history, including myths about the lagoon itself. Locals tell of the demonic Chico Largo who lives beneath its waters and materializes on the local paths, where he lures visitors into making an evil pact. Charco Verde is also home to the La Ceiba Museum, which contains many pre-Columbian artifacts that are native to the island.
Céline Colin
3. Altagracia
Second in size to Moyogalpa is the town of Altagracia, which lies on the northeastern slope of the volcano Concepcion. More authentic than its larger counterpart, Altagracia has a central park with a historic church and a wooden bell tower. The church’s grounds contain stone idols that have been found throughout the island.
Altagracia also gives access to Playa Santo Domingo, one of the island’s top vacation destinations. Located on the northeastern side of the island, the beach enjoys a constant breeze. The water, while generally choppy, is warm and shallow. There are established hotels and restaurants, and the beaches are home to over 40 species of birds.
MalmBerrys
4. Maderas
Unlike nearby Concepcion, the volcano Maderas is not active. Its base has coffee plantations, which give way to a thick cloud forest at its higher elevations. At its 4,573 foot peak, you’ll have a view of the lagoon that has formed inside the volcano’s crater. Its still waters and the mysterious mist that hangs over them make for a swimming experience like no other.
Due to the plant and animal life, as well as some ancient petroglyphs carved into its rock formations, much of the area around Maderas is designated as a nature reserve. Howler and capuchin monkeys, butterflies, orchids, and ferns grace its slopes. The volcano and its surrounding areas also sparked the formation of the Maderas Rainforest Conservancy, which works to preserve Mesoamerican forests.
Lee Hamilton
5. Merida and San Ramon
The cities of Merida and San Ramon lie just to the south of volcano Maderas. Merida is a small fishing and farming community that also offers a few rustic lodging facilities and kayak tours to the Rio Istian, an aquatic habitat on the island’s isthmus, and the Monkey Islands, which are home to troops of capuchin and spider monkeys. Beware the capuchins, which can bite.
Nearby San Ramon is home to a large waterfall that cascades down from the southern slope of the volcano. A 1.5 to 2 hour hike leads to the 164-foot waterfall, which fuels a hydro-electric plant before ultimately being collected and bottled as pure “Maderas Volcano Water.” Both Merida and San Ramon also have a number of petroglyphs.
Make sure your next trip to Lake Nicaragua includes a visit to Ometepe Island, where you can enjoy these and other sites full of nature, history, and mystery.
The calm blue waters of Lake Nicaragua have made it a favorite destination for nature lovers across the world. Spanning 110 miles in length, it’s the largest freshwater lake in Central America.
In fact, the lake is so large that it actually has many ocean characteristics. The lake is tidal, and the area often experiences storms of the kind you’d find on the coast. The area around the lake is beautiful, and it’s not surprising that many expats set their heart on moving here.
If you are thinking of making Lake Nicaragua your home, you have the choice of five main areas. They are Granada, San Carlos, San Jorge, Ometepe Island and San Miguelito.
These five port towns all have a lot to offer. Around the banks of the lake you will find historical architecture, churches, markets, and nightspots waiting for you to discover them.
Which area you choose depends on your personal preference. Here is some guidance to help you make the right decision.
Granada
Granada is a very popular choice. It is a beautiful colonial city, with stunning Spanish-inspired architecture and a lot of cultural experiences to offer. As it is a comparatively wealthy area, Granada offers much more in the way of luxurious living than the other four port cities. A lot of money was spent on restoring the city in the 1990s, and the city now has amenities like:
- cable and cell phone service
- four star hotels and restaurants
- a brand new supermarket and a selection of health food stores
- libraries
- gyms
- Internet cafes
Because of this, Granada offers a high quality of life for expats. Not only does it enable you to get closer to nature and enjoy the fantastic landscapes and still waters of the surrounding area, it also lets you do it with all the comforts of a modern city! However, though the real estate in Granada still offers strong investment opportunities, it is more expensive than it is in other parts of the tropics.
San Carlos
Like Granada, San Carlos is a big city with a good selection of facilities and amenities. It is the capital of Rio San Juan, and here you’ll find doctors, lawyers, and most other professional services. The town also has its own small airport, which makes for very convenient travel.
One of the main benefits of San Carlos is that it sits right on the bank of the lake and offers beautiful views across the water. The city also has idyllic features such as a tropical atmosphere, friendly people, and a very low volume of traffic. Many of the people who live in San Carlos are fishermen by trade, which means that it’s a great place to eat!
The downside of San Carlos is that it is not as picturesque as other places in the area. The natural rainforest around the town is being threatened by slash-and-burn timber techniques, and the town’s accommodation is characterized by corrugated iron.
San Jorge
San Jorge is a small village on the western side of the lake. It’s best known for its ferry links, as it’s here that people go to to catch the boat to Ometepe Island. Though small, the village does have some popular restaurants.
This rural area is rich with vegetation and wildlife. If you’re looking for a truly rural retreat, San Jorge might be the right choice for you. If you’re looking for a new home base with a bit more life, you might want to look elsewhere.
Ometepe Island
Speaking of rural living, could island life be what you’re looking for? Ometepe Island sits right in the middle of Lake Nicaragua, measures 276 square kilometers and is home to two volcanoes. The island has fertile soil, lovely beaches, and rich biodiversity. In fact, Ometepe has long been described as a paradise.
Unlike Granada and San Carlos, Ometepe Island has little to offer in the way of facilities or luxuries. It is, however, a beautiful spot.
San Miguelito
San Miguelito is a mountainous municipality that looks out over the lake. In addition to gorgeous lake views, it is also home to two rivers and numerous waterfalls. The real beauty of this area is the sandy beaches that line the edge of the lake.
The town of San Miguelito is small but well formed. Between March 8th and 14th each year the town lights up to celebrate the traditional festival of San Miguel de Arcangel.
There are some travel links to the town, but it doesn’t have much to offer in terms of restaurants or nightlife.
Wherever you choose to live on Lake Nicaragua, you can be sure of two things; beautiful lake views and friendly locals.
With stunning volcanoes, wildlife-covered islands, diverse inhabitants, and mystical rivers, Lake Nicaragua’s expansive waters offer endless exploration for nature and adventure lovers. The unusual history and geography of this lake as well as its plentiful and often endangered wildlife makes it a fascinating place to explore.
History
Patrick Smith
Lake Nicaragua likely played an integral role in Nicaraguan society in previous centuries. It is predicted that indigenous tribes caught fish in the lake and used its freshwater for cleaning and drinking. For centuries this lake has been an important connection between the Caribbean Sea and inland Nicaragua as well as its colonial city of Granada. In fact it is precisely the geography of this lake that led Granada to first be conquered and developed.
However, as transportation transitioned to modern forms, the lake no longer became necessary as a mode of transport. Today the lake maintains its value through its absolute beauty and environmental importance.
Many years ago it is supposed that Lake Nicaragua and Lake Managua formed an ocean bay that eventually became two lakes due to a volcanic eruption. The ocean fish that were trapped in these lakes adapted to freshwater, evidenced by the fact that this lake is the only freshwater lake in the world that contains oceanic animal life.
Geography
The largest freshwater lake in Central America and one of the largest in the world, Lake Nicaragua spans 110 miles in length and an average width of 36 miles with an area of 3,149 square miles. At its deepest points the lake plunges for 200 feet. The water level is at its lowest in the country’s dry season between December and April, and highest during the rainier months of May through October.
The lake feeds over 40 rivers, the largest is the Tipitapa River and the most famous being the San Juan River. The San Juan River connects Lake Nicaragua to the Caribbean Sea along a 112 mile course through dense forest. It also connects Nicaragua with Costa Rica and is separated from the Pacific Ocean to the west by a narrow corridor of only 12 miles.
More than 400 islands dot the lake and 300 sit just beyond Granada. These islands are covered in vegetation and wildlife and some are inhabited and somewhat developed with homes and restaurants.
The largest and most frequented island is Ometepe, which is 16 miles long and 8 miles wide. It was formed by two volcanoes, Concepcion and Madera, which are connected by the lava from numerous eruptions.
Vegetation and Wildlife
Sean Taylor
Lake Nicaragua plays a key role in the ecology of Nicaragua. It houses a vast spectrum of aquatic wildlife and also provides hydration for vegetation located in and around the lake.
The large perimeter supports a variety of climates including moist tropical forest to the south and dry forest to the east, north, and west. Most of the islands and islets are covered in dense vegetation which consists of tropical dry forest.
The tops of Maderas on Ometepe Island and Mombacho which border the lake on land have a highly unique ecosystem. They are the only places in the Pacific region of Nicaragua where cloud forests are present and consequently support impressive flora and fauna.
Thousands of species of wildlife live in and around the lake including birds, plants, and aquatic life. Birds are particularly abundant around the islands and islets but can be found all over the lake. Egrets and herons tend to stay on the waterside while flocks of cormorants can be spotted hunting for fish. Hawks and kites also hunt on the lake.
Over 40 species of fish live in Lake Nicaragua which includes 16 species of cichlids, or angelfish as many of us know them. It was estimated in 1994 that over half of the biomass of the lake consists of angelfish, which are the most popular fish purchased for home aquariums. This species is the most exploited in the lake and their prevalence has dropped significantly.
The most famous marine creature in the lake is the Caribbean bull shark, considered a freshwater shark. Its tolerance for freshwater has enabled it to survive in the San Juan River and travel into Lake Nicaragua. In past centuries the sharks would venture back and forth from the Caribbean sea into the lake however with each generation comes greater adaptation and these sharks began reproducing in the freshwater. They became permanent inhabitants in the San Juan River and in Lake Nicaragua. These sharks are aggressive predators and were feared by local fisherman and lake inhabitants. In response a shark-fin processing plant was built on the San Juan River killing thousands of shark every year. Today few remain, they are considered essentially wiped out, and have become somewhat legendary figures.
Other endangered fish that live in the lake include the big sawfish and the fine-toothed sawfish.
How to Enjoy the Lake
There are many ways to enjoy the splendor of Lake Nicaragua, including checking out the views from nearby volcanic craters, touring the many islands, and sailing down the Rio San Juan.
Marvel at the views at the top of Mombacho
The Mombacho volcano, located less than 10 miles from Granada, offers stunning views of Lake Nicaragua and its many islets. The volcano itself has four craters which are covered with cloud forest. Once atop the volcano it is possible to hike on and around the craters for views and wildlife spotting.
There are many types of trees and plants that are supported by the cloud forest’s humidity as well as howler and white face monkeys, snakes, deer, reptiles, birds, and insects. The volcano also has several endemic species including the Mombacho salamander which can only be found here.
To reach the volcano, one must take a grueling hike or a steep and adventurous jeep ride up to the top. Here you will find a tourist center where maps, photos, and information on the flora and fauna is available. It’s also possible to hire a private guide. The entrance fee and ride to the top costs $15 round trip.
Tour the Islets of Lake Nicaragua
Formed by volcanic activity, the 365 islets of Lake Nicaragua are one of Granada’s main attractions. Views of nearby Mombacho create a dramatic backdrop while exploring the lake.
The islets support an entire community with homes, schools, shops, hotels, and restaurants, using boats as their principal form of transportation. The most famous island is called Monkey Island, covered in indigenous monkeys.
The best way to explore the islands is through private boat tours, which can be arranged at the docks along the lake near Granada. Many private boat operators will take groups on hour-long tours for $15.
It’s also possible to take kayaking excursions for $25 where tour guides lead kayakers past many islets, stopping occasionally to swim, explore islands, and witness wildlife.
Stay on Isla de Ometepe
Frank McMains
Ometepe is one of the top destinations in Nicaragua and for good reason. If the majestic site of two volcanoes in water formed by an isthmus is not enough to entice travelers, it is the largest volcanic island in a freshwater lake in the world, is teeming with wildlife, and is rich in fascinating history.
This island is often called the “Oasis of Peace” and was regarded by ancient indigenous inhabitants as the promised land and a sacred island. Pre-Columbian artifacts cover the island and it is considered one of the great rock art areas in the world with its many petroglyphs and stone idols carved into its basalt boulders. With its ancient Mayan, Nahuatl, and Chorotega roots the island celebrates more religious and folk festivals than anywhere else in Nicaragua.
The volcanic ash yields extremely fertile soil so the land produces abundant crops which is why many sustainable farms, eco hotels, and organic restaurants grace the island.
Ferries leave the mainland from Granada and Rivas to reach Ometepe where one can stay in the many towns and arrange epic volcano hikes, biking excursions, and nature tours.
Boat down the Rio San Juan
Nature and adventure lovers will be enchanted by the epic journey down the San Juan River. Both sides of the river teem with wildlife and nature and hundreds of birds live along the river.
The boat excursion travels the entire length of the river out to the Caribbean into the Indio-Maiz Biological Reserve with its plentiful rainforest and wildlife. It is home to many endangered species including howler, white faced, and spider monkeys, jaguars, giant anteaters, crocodiles, toucans, scarlet macaws, and orchids and butterflies.
You can also take shorter trips to the many port towns along the way. Most boats begin in San Carlos which is accessed by plane or a rather bumpy boat ride from Granada.
Short tours take a few hours and cost around $20 while 12-hour tours that take you to the Indio-Maiz cost $70. Custom multi-day trips can also be designed and are best done with larger groups to lower costs.