Nicaragua - The Undiscovered Country

"Nicaragua? Why Nicaragua?" The question's beenlandscape that an hour before was imperceptible. It
asked by everyone I've come in contact with sincewas a breeding ground for natural resource with an
my return from investigating investment opportunitiesendless landmass lent to a wealth of agriculture. Save
in this economically down-trodden Central Americanfor the occasional industrial uprising, it was absolute
country. A year earlier, I'd have asked myself thebeauty in its purest form, from symmetrical volcanic
same question. Now, my response would readmounds to lush foliage. It was not difficult to see the
something like this: "Because I see a goodpotential for growth in this country, both agriculturally
opportunity there, and a country abundant withand economically. Once the governmental
untapped natural resources and beautiful coastlineinfrastructure and Central American unionizing takes
that's been compared to the likes of California in itsfull effect, a thriving exportation and the realization
infancy or more recently, an up and coming Costaof a tourism industry could insure not only the
Rica." And still they would ask, "But what is it about"discovery" of Nicaragua, but for its many inhabitants,
Nicaragua? Isn't it dangerous?" The worst appearsthe necessary jobs and potential for much needed
over; there's a conscientious new government inimprovements in their immediate surroundings.
place determined to rebuild and restructure; there'sRancho Santana was still a relatively new
an economic upswing on the horizon; there isdevelopment that occupied 1,700 acres in and around
neighboring country support; there's a great potentialthe Pacific shoreline of Tola, Nicaragua, not far from
for a boost in tourism; and above all, Nicaragua stillthe town of Rivas--a spec of dirt-sized marking on
offers one of the few commercially unspoiledthe map yet one of the area's largest. We had to
locations that's reasonably affordable for new peopleput the four wheel drive to the test to get there
interested in buying or living overseas.from the main road as we turned and entered some
For all of those reasons visiting Nicaragua made sensetwelve miles of dirt paths and slippery puddles
to me. Certainly I did my homework before bookingcaused from the current rainy season. Bo and Luke
the flight for a three-day weekend to personallyDuke themselves might've thought twice about
explore the possibilities of what could be my firstdriving this path had their on-camera exploits not
ever home purchase or summer vacation site. Idemanded it. We went up, down, left and right,
needed to see this new development called Ranchododging farm animals and fellow four-wheelers,
Santana first hand and reassure myself that mybefore turning in a majestic-looking entryway that led
money was not needlessly flung on a far-fetcheda mile stretch of flat road directly toward a low lying
whim located some 2,000 miles to the south andbeach front that was otherwise impenetrable five
west of my residence in New York. What I cameminutes and a mountainous region earlier. It was like
away with was the personal satisfaction that thegoing from night to day in a matter of
investment risk was minimal, and in addition, to seeseconds--Hazzard County to Hilton Head, and a
another side of life I did not expect, which allowedpotential home buying opportunity only minutes by
me to explore my own life and learn to appreciatefoot from the beach. We had finally arrived to the
what I have and worry less about what I do not.still semi-private owners- and renters-only beachfront
A long shot investment? Maybe. Ultimately, I saw ancommunity piercing through rolling hills with cliffside
opportunity in Nicaragua where the not so mightyviews. Rancho Santana was an oasis in the middle of
dollar still wields enough purchasing power fornowhere that demanded discovery... and luckily for
long-term profit. At the very worst, I could own myme, I was still among the earliest surveyors.
own home, insured against earthquakes, hurricaneUpon arriving at the guest clubhouse, making my
damage and mudslides, practically on the Pacific, thatgreetings and later unpacking my bags, I was ready
serves as a comfortable vacation getaway... and atto be sold on the benefits of becoming a
best, a potential rental income producer in myhomeowner there. Of course the culture shock was
absence with a value that grows 50-100% or more instill fresh in my mind from the drive out, but another
the next several years.surprise was in store upon entering my guest room.
Managua, the capitol city of Nicaragua, is six hoursStill smarting from the appalling living conditions I
away by plane from New York, and another hundredwitnessed since leaving Managua, I was none too
light years from anything I had expected to see of aquick to process the fact that we had moved into a
major city outside of maybe a place like Ghana. Thetropical jungle-like setting and all of the life forms that
airport reminded me of my grandparents' mustygo with it. Such involves the appearance of
basement. Upon arriving, this would arouse the initialpinky-sized four-legged gremlins that chirp and hide
questions of judgment my mind hindered me withbehind wall-mounted air conditioning units when weary
time and again throughout my stay there. Thetravelers arrive to unpack their bags and downshift
weather was extremely hot and humid and thetheir thought-process for a moment. I was in no
abundance of insects were apparently not of the shymood for sharing space with wall-crawling creeps and
variety. So there I was waiting on line at customs,flying pests, but I will admit, though it took awhile,
stone cold sober, silly with self-doubt and two hoursthese lizard-like creatures known, as Geckos, were
younger visiting Central America for the first time insomewhat bearable... even cute. Though neither of
my life wondering where I was headed and whatthe two I spotted on my wall had any real intention
could I hope to accomplish from it.of establishing dialogue or selling auto insurance, I
I had never traveled solo before to a foreign countrysatisfied myself to try to catch one for an up close
and knew very little of the Spanish language, yetexamination. No chance. They're too fast and flexible
what I did learn all those years ago living in L.A. wasand have little interest in human interaction.
quickly dispelled by my having just finishing fourThe clubhouse stood in a central location at RS
semesters of French, and the certain Latin-basedwhere I would meet the property manager with
similarities that go with it. I was excited and nervouswhom I had corresponded a number of times
at the same time... and my overnight stay lie justpreviously, and an all-Nicaraguan house staff greeted
across the street at the Best Western Lasme and made me feel welcome. The layout of the
Mercedes, reminiscent of an oversized miniature golfclubhouse was spacious and well decorated with
course with log cabin style accommodations.beautiful art and furnishings of the tropics. This was
The local real estate agent who I had conversedcertainly no Marriott, but it more than served the
with previously, and the gentleman partly responsiblepurpose for the private community it was meant to
for my committing to this journey, picked me up thecenter. It was a beautifully crafted building with an
next morning, and it only took a few minutes tooutdoor patio, pool and strategically planted palms
realize why he opted not to drive the night before.preceding the rocky beach. The weather was rainy,
We were two and a half hours away from ourhot and humid, which I later learned was consistent
destination bordering the Pacific Ocean in a little townwith their "winter" season following May.
called Tola, but nothing could have prepared me forWe privately toured the upcoming new beach homes
what lie ahead. "Where is the big city," I inquired, asknown as "casitas" as well as the surrounding areas
we headed down this long, thin stretch of road thatwhere other people had already purchased plots of
was nothing short of dilapidated at every angle. I feltland or built palatial houses overlooking the Pacific. I
like a billiard ball bouncing from one cushion to thehad my doubts about the location at first, and the
next as my well adjusted chauffer navigated throughfact that most of the area was still relatively
bumps, potholes, mud slicks, and various assorteddeserted, but they would soon subside along with
pedal pushers and pedestrians who knew nothing ofthe culture shock I felt as I pondered the future for
the dangers of a Toyota Four-Runner bearing downthis slowly developing beachfront paradise. I needed
on the open road. If it weren't for the patches ofa little time to soak it all in and gain firsthand
green pasture that occasionally popped up, I couldknowledge from those who've been there, done
have closed my eyes and knew no different fromthat, still live there, and have invested hundreds of
traversing the jagged edge of the moon itself. Mythousands more than I was even hinting at.
ensuing headache wouldn't allow it, however, norThis was definitely not Cancun, but was never
could I suppress the suspense of what I thought Iprojected to be. The future plans, as outlined by
would find... bustling city streets with themanagement and provided by the developers,
cosmopolitan feel of the capitol district. There wouldshowed a number of other lots being plotted and
be none of that on this path.sold, and a number of new amenities planned for the
For what seemed like hours we cruised down endlessfuture, including a golf course, bar and medical center.
roadways surrounded by squalor on either side,The hurdle for me was to step away from the
passing dusty, rural towns that were an eye blink"there and then" impulse and reaffirm my initial
long and absolutely depressing to someone whointentions of buying for the long term investment
thought they knew poverty yet never came thispotential. Rancho Santana was not somewhere I
close. The driver was a terrific tour guide. Awanted to live today, but my projected goals for
well-spoken expatriate who adopted Nicaragua as hisproperty ownership remained unchanged: an
home and place of business many years before, heappreciable annual return on investment, potential for
was quick to point out the resiliency of the populace;rental income and at the least, a charming villa-like
how they'd survived many a natural disaster,two-bedroom home for holiday trips and off-peak
revolutionary uprisings and an extreme classgetaways in a serene location where people were
distinction weighted heavily on the poor. I gazed onfriendly, family oriented and pleasant.
either side at young mothers and children, maybeI came away with a good feeling from my short, but
complete families, existing in the doorways of theirinformative trip to Nicaragua. Yes, I was sold on the
one story, one-room homes; I say "existing" becausepotential of Rancho Santana, but felt ashamed that I
I honestly have no idea what they did; where werecould feel pity for the many poor people on the one
the businesses? What did they do for work? Washand, while on the other, worry about my own
there even any to be had? I saw old men withself-gain as an actual foreigner in their country.
pushcarts peddling ice cream products and drinks I'dHowever, there is the necessity and government's
never even heard of; bony stray dogs near death onencouragement for foreign investment for the
legs aimlessly groped for a scrap somewhere alongbetterment of Nicaraguan economy, and this helps
the way. As dismayed as I became with what I sawme rationalize what I would be getting involved with.
for how these people lived, I learned that their newTo what extent this holds true is something I aim to
government was focused on reversing the fortunesexplore further on future visits.
of this troubled country. I certainly hoped so.Though my interaction with the locals was limited, I
Off the beaten path were attractive yet small townslearned from the RS staff members and expatriates
with actual consumer-driven businesses, likethat Nicaraguans are proud and family oriented. Do
restaurants, bars and gift shops. I saw a small seapeople mind being poor? Do they even realize what
town some twelve blocks off the main road withthey're missing comparative to the big name capitalist
pleasant gathering places; in the distance there werecountries? Probably not. They seemed to be at
magnificent volcanoes, some still active, whichpeace with their simple lives and put more emphasis
provided the base for nutrient-rich soil for growingon familial, if old fashioned, values than any
plentiful crops, and when we got out to snag picturesAmerican-born like myself could conceive of.
overlooking Central America's second biggest lakeI was pleased with my Nicaraguan experience and
(Lake Nicaragua), I momentarily interacted with asatisfied with my decision to buy. I will plan to return
few locals, including a little kid trying to pawn offin another year to close on my new casita. There is
handmade jewelry I might find for a buck at the localplenty more to explore throughout the entire
flea market in NY. It didn't matter, I bought itcountry. For this trip, I barely scratched the surface.
anyway... cost me ten bucks for two... and directionsSo why Nicaragua? Because the people are
to the rest room.welcoming of Americans and seem to remain as
Our trip toward Tola was eventful in that the agentunspoiled as the landscape they inhabit. That's a
knew the most scenic routes to take the further werefreshing change from the bustle of the big city's
moved from Managua and the outstretched fingersdaily grind. It's a nice place to invest, whether such
for towns that extended southward. Long stretchesincludes free time or extra funds, and even nicer to
of country accompanied our journey through thevisit. It will be very interesting to watch the
jungle toward the shore. On either side the proximitydevelopments unfold in this yet to be discovered
of poverty was replaced by endless tropicalcountry.