Up-and-Coming León, Nicaragua Offers Expats Big Bargains and Great Lifestyle Choices—InternationalLiving.com

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A new report from InternationalLiving.com examines the lifestyle and cost-of-living benefits for expat retirees in little-known León, Nicaragua. Founded by the Spanish and once the country’s capital, León is today on the cusp of a property boom, offering some of the best-value city, beach, and farm properties in the Americas.

Church in Leon, Nicaragua

Though little-known, León is one of the best-value retirement destinations in the Americas today, the report argues, providing not only remarkable property deals, but a great variety of lifestyle options, too, with city, beach, and farm opportunities.

Expats in the market for great bargains and comfortable living close to the United States would do well to consider up-and-coming León, Nicaragua, according to a new report from the editors of InternationalLiving.com.

Though little-known, León is one of the best-value retirement destinations in the Americas today, the report argues, providing not only remarkable property deals, but a great variety of lifestyle options, too, with city, beach, and farm opportunities.

Turnkey colonial homes right in the heart of the city are on offer for as little as $90,000. A 30-minute drive west of the city, Pacific beachfront homes start at a modest $139,000. And some of Nicaragua’s best and most affordable farmland lies in between.

León is one of Nicaragua’s most beautiful cities and a vibrant university town. Foreign tourists and expats are discovering it in increasing numbers and a growing middle class is emerging there, too—both trends that are helping to push up demand for rentals locally.

As a result, investors interested in owning overseas are finding it easy to rent homes out to expats moving there or to young Nicaraguans relocating to León for work. International Living Nicaragua correspondent Bonnie Hayman reports that in Cova de Iria, for example, a luxury development five minutes from the city center, an unfurnished two-bedroom, two-bathroom house on a 1,937-square-foot lot sells for $68,500. As a rental it could earn $5,000 a year. A three-bedroom, two-bathroom unit goes for $76,000, and a four-bedroom, three-bathroom unit is only $86,000.

Another residential development, Fátima de Jesús, offers houses from $60,000. A 1,668-square-foot, three-bedroom, two-bathroom home with a parking area and ample garden goes for $120,000 and could gross at least $5,000 a year as a rental.

The latest International Living report on León contains more prices and information on city, beach, and farm properties in this booming part of Nicaragua. Find the latest International Living report at: Bargain Colonial and Beach Homes from $90,000 in Northern Nicaragua.

Members of the media have permission to reproduce the article linked above once credit is given to InternationalLiving.com. For information about InternationalLiving.com content republishing, source material or to book an interview with one of our experts, contact Associate Editor Carol Barron, 772-678-0287 (US), CBarron@InternationalLiving.com or visit the Media Center.

For more than 36 years, InternationalLiving.com has been the leading authority for anyone looking for global retirement or relocation opportunities. Through its monthly magazine and related e-letters, extensive website, podcasts, online bookstore, and events held around the world, InternationalLiving.com provides information and services to help its readers live better, travel farther, have more fun, save more money, and find better business opportunities when they expand their world beyond their own shores. InternationalLiving.com has more than 200 correspondents traveling the globe, investigating the best opportunities for travel, retirement, real estate, and investment.

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