At Last! A House Price Snapshot To Help Investors In Central America Make Better Decisions | Reveal Real Estate.
Today’s qualified real estate investors are used to having data about house prices and sales trends just a few keystrokes away. Yet if they explore options in overseas markets such as Nicaragua, Belize, Costa Rica or Panama, they’ll find getting hold of reliable real estate data much harder. This is because official statistics are not published in Central America and there are no central databases that record transactions and prices.
To start to fill this vacuum of reliable information we’ve launched the 2012 Central America House Price Snapshot together with the Global Property Guide. The study provides an apples to apples comparison of the sales price of a “Typical 3 Bed House” across 12 different property hotspots in Central America. The results are generated by a special Benchmarking Group of recognized real estate experts with in-depth knowledge of their local market.
This is a laudable effort to get some reliable data around the question of real estate values in Central America. As compared to Belize, Costa Rica and Panama, Nicaragua real estate is the least expensive. That should be no surprise.
In Nicaragua they obtained data from the following sources: