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Property for sale in Granada, Nicaragua

Demand for property in Granada is increasing as property prices grow 20% year on year and a bouyant rental market continues to provide high net yields.
 
Key Reasons to Consider a Property Investment in Granada

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Granada Colonial House
Traditional Colonial Verandah

Located inland from the Pacific Coast close to the shores of Lake Nicaragua, Granada is growing into an important tourism and real estate investment destination for a number of interrelated reasons:

  • Oldest city in the continent
  • Coherent colonial centre with impressive architecture
  • Strategic location close to the capital and the southern Pacific beaches
  • Buoyant rental market
  • Vibrant culture and heritage

Investors are attracted by the availability of historic colonial properties characterized by 12 foot high adobe walls, wooden beams and pillars, internal courtyards, terracotta tiles and expansive proportions.

Colonials are characterised according to the number and type of courtyard they have as well as the number of doors onto the street. More and more of these 17th century adobe structures are being remodelled remaining true to traditional Spanish colonial architecture as a result of strict planning regulations.

Restaurants and bars are plentiful with ever increasing numbers of specialty shops.

The key areas where buying interest is being focuses is around the central park (parque central); the San Francisco church and on “millionaires row” one of Granada’s premier streets. Colonial architecture is attracting investors.

Climate

Average daytime temperatures throughout the year range from 26-29ºC (79-85ºF) peaking in April and May.

How to Get There

Daily non-stop flights are available to Managua International Airport from Miami via American, TACA and SANSA and from Houston via Continental. Direct connections to Los Angeles also available. The airport is circa 40 km from Granada.

Flights from the United Kingdom must be made via one-stop, typically Miami or Houston.

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