This Guy is ridding a scooter trying to sell me a $65000 usd lot. Che Guevarra Nicaragua Version

This is a SCAM Nicaragua is a dictatorship. Buyer Beware

You'll own nothing and be happy 😂 you sure its not owned by the USA 😅 Nicaragua needs to bring in Laws to protect Nicaraguan from housing becoming unaffordable like it already is In the region of SAN JUAN DEL SUR.

Nice video! Nicaragua is a very interesting country.

How do you figure Nicaragua is higher risk? And how do you get that $65k is a deal. That's a TERRIBLE PRICE for Nicaraguan beach front.

Love this type of high risk high reward portfolio showcase. Seems a bit rare for my blood but absolutely somewhere that I’ll keep a closer eye on in the future. Thanks for the vid

This was brilliant :) Thank you. . .

Did you buy it?

What would be the cost to build something simple and small, say 1000 sqft there.

For 65k, I love it. I’m thinking a small retreat center..

Great video! Love your detailed questions of all the moving parts and most likely scenarios for us

What is 65,000 in USD?

Any other expedited paths to permanent residency or citizenship?

😄😄 So why is it then that most or certainly many Chinese would still prefer to move and put their money in the West, especially to Canada, U.S.A., Germany, Britain, etc.

There is so much wrong about this video, I don't even know where to start. First of all, the Chinese don't improve countries, their mega-projects are always in their own interest and they never hire or employ the locals. It's very likely that none of the "projects underway" will ever come to fruition. In Nicaragua, it's always just talk. Inside the development shown, my house has not increased in value in 15 years. Yes, it was fun and enjoyable, but there was zero return on investment, especially after paying housekeepers and gardeners for 12 years. Property taxes, HOA dues, maintenance and bats in your roof are all costly. The moderator of the video uses phrases like "high net worth individuals" while showing the tiny Eco homes that are largely purchased by people fleeing their home country with the entirety of their life savings in an attempt to start over. I know because I was one of those. Lawyers in Nicaragua work for themselves and not you. What should take weeks will take years, if ever. The reality is that lately the dictator doesn't want you there. The cops will stop you, they will take your license, you will pay to get it back. And customs will grab whatever they want whether you are arriving or departing. The video moderator says he made a "lowball offer" on a property. That's the problem. If you are a property owner, all you will ever get is lowball offers, whether you are renting or selling. The golf community featured in this video has been advertised as a "5 Star Golf Resort" since its inception in the early 2000s. It has never been more than a 3 star surf destination. Yes, it's nice, yes, it's fun, yes it's beautiful. But you will never get your money back. That's just reality. As for the undeveloped surfer lot featured, you would do better to go up the coast to Pochomil and Masachapa. $60,000 is out of the question for that lot. Don't be a sucker people. If anyone is interested, I own a rural lot that, as an American, I paid a whopping $1600 for. The intercoastal highway will never happen, and neither will the "new" Panama Canal. I'm not saying don't live in Nicaragua. The local folks are awesome and I had 8 good years. Just don't be naive. My house inside the featured community is for sale for exactly the cost of construction 15 years ago. $143,000. Every person I know who has sold, did so at a loss, as will I. When you watch videos like this, especially when it's wide-eyed young folks thinking they've found the next best thing, take it for what it's worth, speculation.

It’s a shithole. I used to live there. We were planning on developing a resort there but the government is incredibly corrupt and could take your property whenever.

I am shocked at how expensive El Salvador has become. Beautiful people and country. I am grateful I purchased property there over 20 years ago. It’s worth a small fortune now.

No one in his right mind would even ask this question lol

How can I help? I used to live in Costa Rica and have done international real estate. And looking for places to live that are low EMF.

just few question: can the Mexican government give Mexican citizenship to the child even if the girl and guy are just live-in partner and not married? what is months of the baby in the mothers womb before travelling safely to Mexico to give birth? how many months can the baby and parents allow to travel back to their home country thru normal travel by plane instead of a private jet?

I love your video, but I'd like to bring more information since I have invested myself in Nicaragua, know the country reasonably well, and think there is some missing information. A beach from the property is fantastic, but the coast is on the Pacific side. It is a strong, wavy coast perfect for surfers but also at risk if you decide to build a property or a business there. Why? The high tide is consistent for the most part but could be inconsistent and damage your property, the road, and anything around it (I experienced it myself). The second point is that once you purchase your property, you have two components to look at. The water and the power. There is no need to talk about power since it could be installed later, but the water in Nicaragua comes from a well that you need to dig yourself. 99% of the time, when the property is that close to the ocean, you will not have clean water (salt water), which is a big problem. Just imagine having to shower, brush your teeth, or clean your laundry or dishes, which is salty ocean water. Purchasing a property further away from the ocean maximizes your chance of clean water. This part has not been discussed in the video, and I suspect that the host does not know about it. I support this channel, but I also want to ensure we are all on the same page regarding knowledge. Nicaragua is amazing, and the community seems to be great.

what about squatter rights?

Congratulations Mexican Dad!

I am a foreigner who has owned land and lived in Nicaragua for many years. Believe me, once you realized how screwed the country is you will definitely want to pack your bags. Police, judiciary system and every other state institution is corrupt not to mention the slowness in their processes. I would never invest again in Nicaragua. Did I mention Nicaraguans will never miss an opportunity to rip you off?

When you talked about 2nd and 3rd line, what is the access to the beach like for those lots? Is the the beach zoned as public, and would you say there is public walking access every 3rd or 4th lot, perhaps?

After getting PR, it is not necessary to be one more day in mexiko? (Other like Panama every 2 yrs, paraguay every 3 yrs) True?

Very interesting

Los dos chicos me hacen acordar a personajes a la pelicula "full Monti"

Bro your lying about the movement it's a disaster there it's dictatorship. How many locals have left the country over 500k i know your trying to sell lots but come on. Also the Chinese are going to own Nicaragua

Yankees go home!

Adorable cat !

So an investment play, not a Plan-B option? How easy is it to get residency for a foreigner relative to say Paraguay or Panama?

Estimated cost (and time) to build an average house? Thanks!

Great research and beautiful landscape. Good to see the wandering investor on a motorbike looking for good deals 😀 Thank you for the great job

Eventually Trump isn't going to allow the Chinese to work in Nicaragua, especially with his complaints about the Panama Canal.

Frankly I have heard zero news about Nicaragua here in Canada it isn't even on the map. The lot is a lot g term lease, correct so you wouldn't actually own it in a traditional sense. I was there in the 90's I really enjoyed it, except Managua was kind of a dump. SJDS was really nice.

So did you buy the deal or not? Looks like a great location and you got a foundation ready to build.

Her with us in South America, in Brazil for example, a certain distance from the ocean belongs to the government. People build houses in this area, but these houses could always be confiscated in case someone in the government feels like it. What is the law regarding that in Nicaragua? The property you showed here seems very close to the water, I assume in Brazil this would be government shared land. How about Nicaragua? How far away do you have to be from the ocean to really own the land, only yourself, without government influence?

No people any where?😮

Yearly taxes seem quite high if you don't intend to use it, returns are very uncertain on this one, for me it would be a pass. The big lakes in Nicaragua look very beautiful too to have a property around! Maybe taxes are lower there (because they seem to be municipal?).

Thanks

Hey Ladislas! Can you buy the rural beach for the surf and also buy access or membership to the country club for the golf?

🇳🇮 Get in touch with Diego: [email protected]. Make sure to add your Whatsapp number if you use it. 🇳🇮 Get in touch with the gated community: info.granpacifica.com/eva-info-packet/The-Wandering-Investor 🇳🇮 Full analysis of the San Juan Del Sur real estate market: thewanderinginvestor.com/international-real-estate/san-juan-del-sur-real-estate-market-nicaragua/

Interesting

can you buy multiple properties for US$ 400k to get the citizenship or it has to be only 1 property?

Do you still feel this way? I did a survey on both the PDC and the Cancun expat groups on FB. Lots of enthusiasm for Cancun as expats

What is Patrick email? I am interested in investing in Real Estate

All good and well,but its only a matter of tine till the goverment is squeezed into setting restriction as the locals are getting priced out of housing due to incline of forigneres (Ukrian and Russian) mainly and skilled youth leaving abroud to seek better opportunities. So theres your biggest RISK.

What about be in your opinion the range for property management fees in the city of Santa Marta for short-term rental?

Great video, thanks!