Real Estate in San Juan del Sur, Nicaragua
Last updated on Mar 03, 2024
Summary: The most desirable neighborhoods in San Juan del Sur, Nicaragua are Playa Maderas, Playa Marsella, and Playa Remanso. On average, a nice 2 bedroom home in San Juan del Sur costs around $150,000 USD, while a nice 3 bedroom home costs around $200,000 USD. These properties typically include modern amenities such as air conditioning, a fully equipped kitchen, and a private pool. Foreigners are allowed to own property in San Juan del Sur, but there are certain restrictions. For example, foreigners are not allowed to own beachfront property. The best way for an expat to search for a home to buy in San Juan del Sur is to use a local real estate agent. A local real estate agent will be able to provide the most up-to-date information on available properties and can help guide the expat through the process of purchasing a home.
How do I find a place to live in San Juan del Sur?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in San Juan del Sur is to ask around. Talk to locals, expats, and other travelers who have been to the area. They may be able to provide you with information about the best neighborhoods, rental prices, and availability. Additionally, you can search online for rental listings in the area. There are a variety of websites that offer listings for apartments, houses, and other types of accommodations. You can also check out local newspapers and bulletin boards for rental listings. Finally, you can contact local real estate agents who can help you find the perfect place to live in San Juan del Sur," said one expat in San Juan del Sur.
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What is a typical expat home or apartment like in San Juan del Sur?
"Expat homes and apartments in San Juan del Sur typically feature bright, airy interiors with high ceilings and large windows that let in plenty of natural light. Many homes and apartments have balconies or terraces that offer stunning views of the surrounding landscape. The homes and apartments are typically furnished with comfortable, modern furniture and equipped with all the necessary amenities, such as air conditioning, Wi-Fi, and cable TV. Expats in San Juan del Sur can also enjoy access to a variety of outdoor activities, such as swimming, surfing, and fishing," said one person in San Juan del Sur.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
What is the average cost of housing in San Juan del Sur?
If you are thinking about moving to San Juan del Sur, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in San Juan del Sur varies depending on the type of accommodation and location. Generally, the cost of renting a one-bedroom apartment in the city center is around $200 to $400 per month, while a two-bedroom apartment can cost up to $500 per month. Outside of the city center, the cost of renting a one-bedroom apartment can range from $150 to $250 per month, while a two-bedroom apartment can cost up to $350 per month," said one person in San Juan del Sur.
Should I buy or rent a home in San Juan del Sur?
If you have not spent a lot of time in San Juan del Sur, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in San Juan del Sur can be a great investment, as the area is growing in popularity and real estate prices are still relatively low. However, it is important to consider the cost of living in the area, as well as the availability of amenities and services. Renting a home in San Juan del Sur can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and the ability to move if needed. Additionally, renting can be a great way to get to know the area before making a long-term commitment," remarked one foreigner who made the move to San Juan del Sur.
What do I need to know when buying property in San Juan del Sur?
When we asked expats what advice they would give a foreigner before buying a property in San Juan del Sur, they said:
"When buying property in San Juan del Sur, it is important to research the local laws and regulations regarding real estate transactions. It is also important to understand the local market and the current prices of properties in the area. It is also important to hire a local lawyer to help with the transaction and to ensure that all paperwork is in order. Additionally, it is important to be aware of any potential risks associated with the property, such as environmental hazards or political instability. Finally, it is important to be aware of the local infrastructure and services available in the area, such as access to water, electricity, and other amenities," remarked one foreigner who made the move to San Juan del Sur.
Are foreigners allowed to own property in San Juan del Sur?
When we asked expats what advice they would give a foreigner before buying a property in San Juan del Sur, they said...
"Yes, foreigners are allowed to own property in San Juan del Sur. The country has a friendly policy towards foreign property ownership, allowing non-Nicaraguan citizens to purchase and own land without any major restrictions. However, it is essential for foreigners to work with a reputable real estate agent and a local attorney to ensure a smooth and legal transaction. Additionally, foreigners should be aware of the local laws and regulations, as well as the potential risks associated with property ownership in Nicaragua," explained one person living in San Juan del Sur, Nicaragua.
What appliances are typically included in a rental?
We asked foreigners in San Juan del Sur what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in San Juan del Sur typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a microwave, dishwasher, and air conditioning. Depending on the property, other amenities such as a hot water heater, water filter, and security system may also be included," explained one expat in San Juan del Sur.
Additional Information about Searching for a Home in San Juan del Sur:
We asked foreigners in San Juan del Sur what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in San Juan del Sur often start by browsing online real estate websites and local classifieds to get an idea of the housing market. They may also join expat forums and social media groups to ask for recommendations and advice from fellow expats who have already gone through the process. Another common approach is to visit San Juan del Sur in person and explore the different neighborhoods to get a feel for the area. While there, expats can connect with local real estate agents who specialize in helping foreigners find suitable homes. These agents can provide valuable insights into the local market and help navigate the buying or renting process. Additionally, expats may seek out property management companies that offer rental properties specifically catered to foreigners. These companies can provide a range of options, from short-term vacation rentals to long-term leases. Word of mouth is also a valuable resource when searching for a home in San Juan del Sur. Expats can ask friends, colleagues, or acquaintances who have lived in the area for recommendations on where to find housing. Lastly, attending local events and networking with other expats can also lead to potential housing opportunities. By building connections within the community, expats may come across homes that are not yet listed on the market or learn about upcoming developments that could be of interest," explained one person living in San Juan del Sur, Nicaragua.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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