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Friday, September 22, 2006

The Nicaraguan tourism industry has been growing by leaps and bounds. During the high season in the popular tourist areas it is difficult to find hotels unless reservations are made in advance. Many new hotels and developments are being constructed to accommodate the large growth in tourism. Real estate in Granada and San Juan del Sur has seen tremendous growth in value but is still way below what property would cost in the U.S. or Costa Rica. A development on the Laguna de Apoyo called Los Congos is in pre-development has seen price increases. Their website is available at www.loscongos.com. There are several developments that are sprouting up in Granada as well. Laguna SA provides information on buying and investing in Nicaragua at www.lagunasa.com.

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