Real Estate: Nicaragua Optimism Despite Ortega
We were quoted in a recent article on the real estate market in Nicaragua by the Latin American Business Chroncile. Along with other commentators, we set out our perspective of the real estate market following Daniel Ortega’s recent return to power.
Despite a new, leftist government led by President Daniel Ortega, executives in Nicaragua’s growing real estate industry remain bullish. The real estate market outlook continues to be positive, says Claudia Gonella, director of the Nicaragua offices of U.S.-based real estate agency Coldwell Banker. We are selling well out of both of our real estate offices, at approximately the same rate as this time last year.
