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Cost of living
The low cost of living, among the lowest in Central America, will maintain or even increase your quality of life in almost every aspect of their life. Today, Nicaragua offers retirees the lowest cost of living in Central America—even lower than Panama with prices 20-60% cheaper than prices in the United States. Quite frankly, outside of Nicaragua’s vibrant culture, friendly people, spectacular beaches, amazing early-in real estate investment opportunity—its low cost of living may be what is most attractive to retirees. However, a lower cost of living does not mean you have to sacrifice the quality of life you have been accustomed to in the United States or Canada.
Let’s take a detailed look at life in Nicaragua after an initial “turn-key” (waterfront) real estate investment on Laguna de Apoyo—the premier retirement destination in Nicaragua today. Of course, you monthly budget will depend ultimately on the lifestyle that you lead.
Note: This sample monthly budget does not include any financing on turn-key purchase
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Turn-Key Real Estate Investment on Laguna de Apoyo
Utilities
Household Help - Maid- 5 days/week for 6 hours per day
Entertainment - Dining out 4x/month & night at the movies
Health insurance - (offered through HTH)
Communication
phone (Vonage Broadband Service)
Internet (High Speed Service)
Cell Phone
Cable TV
Groceries
Car- Fuel (for one month)
Total: |
$200,000/one time
$200/month
$100/month
$80/month
$50/month
$135/month
$25/month
$50/month
$50/month
$15/month
$200/month
$550/month
$ 1315/month |
High Quality, Specialized CHEAP Healthcare
With the addition of the Vivian Pellas Metropolitan Hospital, Managua is now home is on the most highly specialized healthcare centers in Central America. In addition to Pellas Metropolitan, several hospitals and private clinics in Managua and Granada provide high-quality healthcare at a very affordable prices. Generally speaking, all of your more serious healthcare needs will require attention in Managua, although there are several clinics available for retirees throughout the country which would tend to you more basic needs. Although comprehensive health care coverage in available in Nicaragua for retirees at incredible prices, take a look at the astoundingly low cost of highly specialized, high-quality medical care in Nicaragua. |