Located
inland from the Pacific Coast
close to the shores of Lake
Nicaragua [view
map], Granada
is growing into an important
tourism and real estate investment
destination for a number
of interrelated reasons:
- Oldest city in the continent
- Coherent colonial centre with
impressive architecture
- Strategic location close to
the capital and the southern
Pacific beaches
- Buoyant rental market
- Vibrant culture and heritage
Investors are attracted by the
availability of historic
colonial properties characterized
by 12 foot high adobe walls, wooden
beams and pillars, internal courtyards,
terracotta tiles and expansive
proportions. Colonials are
characterised according to the
number and type of courtyard they
have as well as the number of doors
onto the street.
More and more of these 17th century
adobe structures are being remodelled
remaining true to traditional Spanish
colonial architecture as a result
of strict planning regulations.
Restaurants and bars are plentiful
with ever increasing numbers of
specialty shops.
The key areas where buying interest
is being focuses is around the
central park (parque central);
the San Francisco church and on “millionaires
row” one of Granada’s
premier streets. Colonial architecture
is attracting investors.
Average daytime temperatures throughout
the year range from 26-29ºC
(79-85ºF) peaking in April
and May. |
