Your ability to buy property in Nicaragua is directly related to your ability to tolerate and withstand some gut-wrenching anxiety attacks. Every major news outlet is shouting &quot"Nicaragua is the next Costa Rica! but clearly there is more to the story than just that, and living in Nicaragua you will learn to live with some risks - financial, political, and other - to which you are not exposed elsewhere.

Have a look at Moon Living Abroad in Nicaragua for some strategies for coping, and more information about how to minimize your exposure to risk in a volatile Nicaraguan market.

Nuwire investor has just published an article dealing specifically with how to mitigate risk while investing in Nicaragua. We cover a lot of the same material in our book, but here is an exerpt from an article very much worth reading:

Property purchase agreements (promesa de ventas) can be drafted to include conditions mutually acceptable to the buyer and seller such as due-diligence periods of up to 6 months. You could theoretically include conditions tied to the outcome of the upcoming November elections. Besides banks, many sellers are open to seller financing or installment payments that can stretch out your commitment and minimize your risk. First American Title insurance can be obtained to ensure your title and bolster your legal claim to the property in the event of a legal challenge. It also helps to use a full-service agency that offers before and after-market services extending beyond conventional realty, including title research, orientation and settlement services, project monitoring and assistance with accessing government tax incentives.

Read the rest of it at Nuwire Investor.