More tourists came to Nicaragua in 2010 than ever before, and the country continues to gain in status as an outstanding place to visit, retire and live. These developments are supported by Nicaragua’s growing economy and increasing international investment in the country.
The Nicaragua Tourism Institute (INTUR) reported that 1.01 million foreign visitors came to Nicaragua during 2010, an increase of 8.4 percent over the previous year in which a gain of over 8.6 percent was recorded. The average stay was 7.3 days, and income generated from tourism was expected to rise nearly 5 percent to $360 million. According to INTUR president Mario Salinas, these increases reflect the growing awareness of Nicaragua and demonstrate the country is perceived as an interesting destination on an international level. Approximately 60 percent of tourists came from Central and South America in 2010, with the remainder from the United States, Canada and Europe.
“We’re very pleased that more and more people are discovering the excitement, culture, natural beauty and opportunity found in Nicaragua,” says Kevin Fleming, chairman of Grupo Mariana, a multifaceted development company specializing in real estate development in Nicaragua. “As this awareness continues to expand, we expect to see this trend continue, which will be very beneficial for the country and its people.”
Further solidifying this image, well-regarded Kensington Tours, which offers travel in more than 80 countries, cited Nicaragua as an outstanding place to visit in 2011. The report stated, “For clients who enjoy tropical weather and exotic surroundings, Nicaragua may be the next best, if not more authentic, alternative to travel to Costa Rica.”
Nicaragua also was proclaimed as one of the “world’s top retirement havens for 2011” in a report by Kathleen Peddicord in U.S. News & World Report’s Money section. She cites the country’s very low cost of living, combined with realistic pricing for real estate, including for beachfront property along the Pacific Ocean. Peddicord also noted that Nicaragua has established a new and improved foreign retiree residency program.
“As Ms. Peddicord points out, the pricing of real estate and welcoming programs for retirees is making Nicaragua a top choice among people looking for a haven outside of North America,” Fleming says. “This positive atmosphere also is providing promising opportunities for savvy investors.”
Grupo Mariana is building on these trends with a range of residential products on Nicaragua’s Pacific Coast and realistic pricing that reflects current market conditions. The organization’s centerpiece is Seaside Mariana, a community comprised of six individual neighborhoods on a 923-acre oceanfront site that includes a Jack Nicklaus Signature golf course. Grupo Mariana also is committed to reinvesting five percent of each real estate transaction at Seaside Mariana back into the economic development of the surrounding area under its 5% for Futures program.
When you’re interested in receive further details about an early investment opportunity in Nicaragua, we can give you even more excellent reasons to explore a new life in Nicaragua, whether you’re interested in vacationing, retiring, starting a new business or investing in the lucrative opportunities that abound.
We are very excited about the future of our growing resort and would love to help you learn more about LAYA and Nicaragua’s Pacific Coast.
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