Because of the difficult political and economic situation that Nicaragua is going through, it is estimated that with respect to 2017, sales in Managua declined more than 50% during 2018.
According to the firm Keller Williams (KW Nicaragua), which brings together nearly 200 real estate agents throughout the country, sales have fallen because of uncertainty in the country, coupled with job losses in the local economy.
Real estate agents have reported an increase in the number of properties available for purchase or rent.
Most houses being put up for sale have prices between $50.000 and $150.000, commented Alejandro Castillo, from Auxiliadora Kelly Real Estate.
"As for rent, the increase has been more visible in houses and office space, specially for homes with monthly rents between $500 and $1.500", told Castillo to Laprensa.com.ni.
The Bank said that it will not stop injecting capital, especially capital that is used for micro, small and medium companies.
Roberto Serrano, vice president of the Central American Bank for Economic Integration (BCIE), said in an article published on LA PRENSA GRAFICA.com: “Although the international economic environment is tough and funds are not flow as much as before, we have the ability to continue capturing money as well as to continue injecting resources toward the micro, small and medium companies sector."