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Nicaraguan Real Estate Market Matures |
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Written by Randall Wood
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Monday, 30 June 2008 |
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This just in from the International Herald Tribune: "The days when a visiting surfer would impulsively stop by a real estate office and buy a plot of land or a small beach house for $20,000 are gone. The area around this once sleepy fishing town of about 10,000 is the hub for foreign investors looking for luxury real estate along the Pacific coast of Nicaragua. But the credit crunch and subsequent real estate slowdown playing out across the globe have slowed foreign buyers, just as prices in the area have been rising."
Read the full article here. |
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Last Updated ( Sunday, 06 July 2008 )
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