Expat Community > Nicaragua

Quai
Joined 2020
Posts: 3

Real estate price drops

4 years ago

Our original plan was to move to New Zealand and we are supposed to be there now having sold our house a few weeks ago with a fast 3 week closing but cannot travel anywhere. I have looked at SJDS in the past, maybe 3-4 years ago. And we are actively relooking at Nicaragua for various reasons but are a bit concerned with the huge drop in some prices of properties and are curious to know the reason why. It's great for buying of course but is it due to political unrest? Is this something that happens periodically? Are people selling due to the worldwide economic problems with closing everything? It takes a long time to sell a property there and people just want to get it sold? Or some other reasons?

Our only other concern are the amount of mosquitos (allergic person and horse, and diseases) and wondering about the humidity level being very high, it isn't today at 47%-59% humidity with 31C and the range is 50-60s% for the next while seems like it wouldn't be too bad - we would be looking at slightly up the hillside, a 20 minute drive from SJDS on the north side off the main 'Chocolata' road. Is there a distinct temperature change at that level or would that only be farther and higher up? We would be there right now to check it out if we could!

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