25/06/2024
My dad taught us that beach property appreciates faster. He invested in La Jolla in the 60s and Malibu in the 70s. Unfortunately, he couldn't hold on to those places long enough to make a killing. I followed his advice and of the fourteen properties I've acquired, thirteen of them were on or close to the ocean. I've held onto six of them.
Today, I came across an article written by a real estate agent I know in Nicaragua, which perfectly describes the concept of "surfonomics."
https://www.lifeinnica.com/blog/surfonomics
How proximity to surfing and beaches affects property markets and real estate valuations over time. A general overview and market specifics relative to Nicaragua in general and San Juan Del Sur in particular
