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Carlos Roman Gutierrez Solis of Casa Granada Properties – Best Places In The World To Retire User Account
The city of Granada is like the country of Nicaragua—it’s growing and could use lots of businesses to serve its growth and opportunities, in tourism-related areas, as well as in other areas.
 
In the capital city of Managua, there are lots of new companies starting.  People are experimenting, bringing ideas, to build businesses here.  The opportunities are here; we just need people who have the money to come here to Granada and do it.
Miguel Moran – Best Places In The World To Retire User Account
Hotel in Granada, Nicaragua – Best Places In The World To Retire – International LivingThe economy of Granada, Nicaragua is mainly driven by tourism. There are hotels, small restaurants, and small shops. There are a lot of tourists coming in for the historical value that the city has, including cathedrals, the design of the houses, and the lifestyle.

There are a lot of foreigners that go to La Calzada, which is one of the main pedestrian streets in Granada. There are restaurants with different types of foods on this street. This is the place in Nicaragua where you would have the most variety of food selections. There's Indian, Italian, Irish, and even Greek food. There are also steaks and burgers. It's a nice place to go in the evening. There are small boutique hotels and backpacker hostels on this street. 

The economy of Granada is growing. Tourism, which is the main driver of Granada's economy, is growing at a fast pace. There are now a lot of people attracted to the city. About 80% of visitors to Nicaragua spend a day or more in Granada.  
 
(Hotel in Granada, Nicaragua, pictured.)
John-Marc Gallagher of Granada Property Services – Best Places In The World To Retire User Account
There is only one word that describes the  economy in Granada, Nicaragua... BOOMING!
 
I can't say it is like the crazy boom years from 2000-2007.  Those days saw the boom from speculators.  Buy it all, buy  it cheap and resell within 6 months to double your money.  I was here during those days and part of the feeding frenzy as well. But the crazy days are over. We hit rock bottom 2008  and came back stronger and smarter.
 
We are seeing more retirees, more tourists, many more  restaurants opening their doors, dozens of small hostiles, hotels and guest houses popping up all over Granada.  The list goes on.  
 
We have seen an influx of younger couples with school-aged children thanks to the fact that there is now a bilingual, international school in Granada.  Sacuanjoche International School has been a key player in allowing younger couples to move to Granada.  This in turn has boosted the economy since these young families are starting businesses, buying homes or renting,  and adding to the lively atmosphere.
 
We haven't stopped growing.  We look forward to the next decade of retirees and tourists who   become our clients, neighbors and  friends and who eventually  add their two cents to the equation.
 
 
 
 
 

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