Imagine you have been eyeing your dream property for months. You have figured out how you will finance your purchase and have investigated each and every step of buying real estate in Nicaragua. But one big question remains: who will take care of your dream home after you buy it?
If you are interested in investing in the real estate markets of San Juan Del Sur & Tola and searching for property, it is likely at some point you will see the term “Owner Financing” mentioned in listings. Given the limited financing options in the real estate market and high interest rates from local banks, Owner Financing is a popular method for purchasing property in Nicaragua.
But what exactly is Owner Financing?
We sat down with Juan at one his projects, El Romance, and discussed his real estate ventures over the last 15+ years – lessons learned as well as his vision of real estate in San Juan Del Sur and Nicaragua in the future. We speak about integrating sustainability into development, on both an ecological and community level, preservation of one of the most biologically diverse countries in the world, and our roles in this process.