The Republic of Nicaragua is poised to become the must-visit tourism destination of 2017.
Nicaragua Tourism Growth Outpacing Central & South America
So far this year, overseas visitor arrivals to the land of lakes and volcanoes has grown at a faster rate than any other country in Central America or South America, according to the World Tourism Barometer 2017 published by the UNWTO (United Nations World Tourism Organization).
No wonder then that the country was included in The Telegraph’s list of “10 surprising destinations where tourism is booming in 2017.”
Nicaragua Tourist Arrivals Up 28.4%
Tourist arrivals to Nicaragua have surged by 28.4% in 2017, far surpassing the regional average growth rates of +7% for the Central America region and +2% for the Caribbean region.
Tourists are drawn to the country’s palm fringed beaches, tropical rainforest, world class surfing in San Juan del Sur and the Emerald Coast and unique history and culture of Granada – all offered at relatively affordable prices.
Investors Eyeing Up Real Estate in Nicaragua
This growth in tourism is welcome news for investors eyeing up Nicaragua real estate as an investment.
Homes and condos in popular tourist destinations such as San Juan del Sur and Rancho Santana on the Emerald Coast and houses in the most sought after parts of the capital Managua can generate significant returns from short term rentals.
As a result interest in real estate in Nicaragua has grown tremendously as international property buyers look to tap into the tourism boom.