Today Managua is returning to the vibrant city it once was. It is the center of entertainment for the country, with many great restaurants and attractions from which to choose. Many of the best places to live in Managua are within 10 minutes from the center of town.
Leading up to the earthquake in 1972, Managua was the most important and beautiful city in Central America. The earthquake damage followed by the civil war in the 1980’s set the city back decades. Many of the ruins of the earthquake remained in the city until the 1990’s. You can learn more about Nicaraguan history over the last one hundred years here.
Most of these great neighborhoods are located just off of the Masaya highway. The Masaya highway begins by the Metrocentro mall. From Metrocentro mall up to the Galerias mall there is a large number of great restaurants from which to choose. Further up the highway there is the high-rent district with the best neighborhoods in which to live. Here is the list of best places to live in the area
1) Las Colinas
2) Santo Domingo
3) Las Cumbres
In these neighborhoods there are homes with lots of great amenities including pools, beautiful yards and fully-equipped kitchens. You should expect to pay, at the very least, $1500 per month in rent. To purchase a home in these neighborhoods the price range can range from a couple hundred thousand dollars to over a million. For those that cannot afford to rent or purchase a home in these neighborhoods there are still a lot of great places to live.
If you are looking to live a little outside of town you may want to consider living along the Carretera Sur (South Highway). Along the south highway you can find a wide range of homes to rent or purchase. One advantage of living in this area is that its elevation is higher than Managua and as result has a slightly cooler climate which can make a huge difference. Depending on the condition of the home and what it offers you can find decent homes for under $1000 to rent. There are a couple of high-rent neighborhoods in the area including Los Altos de Ticomo. This neighborhood has the advantage of being a gated community. This gives the residents the peace of knowing their homes are safe when they are away.
Lastly, there are also options for those looking for something smaller. The Quinta Allison apartments on the Carretera Vieja a León (Old Highway to Leon) are a great alternative. It is a lot more inexpensive than renting a home. The advantage of these apartments is that is a gated complex with a pool, a tennis court and a courtyard. Rent is usually a few hundred dollars a month. High speed internet is also an option if you need it. This is a great option for those single people or couples moving down to Nicaragua.
For those interested in purchasing land consider working with Alvarado y Asociados (Alvarado & Associates). One of their areas of expertise is in real estate law. They can help guide you through the process of buying property in Nicaragua. This will help ensure that all the paperwork and title is correct. Their contact info is as follows:
Alvarado y Asociados
Address: Planes de Altamira III Etapa, Semáforos ENTEL Villa Fontana 2 C. Este y 2½ C. Norte, Managua, Nicaragua – P.O. Box 5983
Phone: (505) 2278-7708/ 2277-2308/ 2277-2417
E-mail: firstname.lastname@example.org – email@example.com
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