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Nicaragua Real Estate
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Information about Nicaragua
Country
Nicaragua
Nicaragua is a representative democratic republic. It is the largest country in Central America with an area of 130,000 km2, and the second poorest in the Western Hemisphere. The country is bordered by Honduras to the north and Costa Rica to the south. The Pacific Ocean lies to the west of the country, the Caribbean Sea to the east. Falling within the tropics, Nicaragua sits between 11 degrees and 14 degrees north of the Equator, in the Northern Hemis...phere. Nicaragua's capital city is Managua, with approximately one-fifth of Nicaraguans living there.

The origin of the name "Nicaragua" is unclear; one theory is that it was coined by Spanish colonists based upon the name of the local chief at that time, Nicarao; another is that it may have meant "surrounded by water" in an indigenous language (this could either be a reference to its two large freshwater lakes, Lake Nicaragua and Lake Managua, or to the fact that it is bounded on the east and the west by oceans).

 
Capital
Managua
Managua is the capital city of Nicaragua as well as the department and municipality by the same name. It is also the largest city in Nicaragua. It is located on the southwestern shore of Lake Managua. The city was declared the national capital in 1852. Previously, the capital had alternated between the cities of León and Granada. The city has a population of about 1,680,100; composed predominantly of mestizos and whites. The city has been witness to the rise and fall of political powers throughout Nicaragua's history and suffered two devastating earthquakes over the course of the 20th century. Managua is the economic, political, cultural, commercial and industrial center of Nicaragua. In 2007, after a successful literacy campaign, Managua was declared the first capital city in Central America to be rid of illiteracy.
Biggest cities
León
León is the second largest city in Nicaragua, after Managua. It was founded by the Spaniards as Santiago de los Caballeros de León and rivals Granada, Nicaragua, in the number of historic Spanish colonial homes and churches. As of 2005, the city had an estimated population of about 175,000 people which increases sharply during university season with many students coming from other Nicaraguan provinces. It is the capital and municipality of the León department. León is located along the Río Chiquito (Chiquito River), some 50 miles northwest of Managua, and some 11 miles east of the Pacific Ocean coast. The drive from Managua takes less than 90 minutes. Although less populous than Managua, León has long been the intellectual center of the nation, with its university founded in 1813. León is also an important industrial, agricultural (sugar cane, cattle, peanut, plantane, sorghum) and commercial center for Nicaragua.
Chinandega
Chinandega is a town and the departmental seat of Chinandega department in Nicaragua. It is also the administrative centre of the surrounding municipality of the same name. The city has a population of 121,793 inhabitants (2006) with 151,000 in the municipality. It is located about 80 miles (134 km) northwest of Managua and about 43 miles (72 km) southwest of El Guausaule, on the border with Honduras. The region around Chinandega produces mostly agricultural products, particularly oils, flour, peanuts, shrimp, sugarcane, with sugar mills in Chichigalpa and El Viejo, and the production of liquors with an international reputation. The weather is humid and hot because of the tropical climate. Chinandega is about 12 miles (20 kilometers) from the Pacific Ocean.
Granada
Granada, with an estimated population of 110,326 (2003), is Nicaragua's fourth most populous city and capital of the Granada Department. Granada is historically one of Nicaragua's most important cities both economically and politically. It is situated on the northwestern shore of Lake Cocibolca and was founded by Francisco Hernández de Córdoba on December 8, 1524. It has a rich colonial heritage, seen in its architecture and layout. Granada is commonly nicknamed the "Gran Sultana del Gran Lago" - the Great Sultan of the Great Lake.
Masaya
Masaya, called the City of Flowers, is the capital city of the Masaya department of Nicaragua. It is situated approximately 14 km north of Granada and 17 km south from Managua. The town of Masaya is situated just South of the Masaya Volcano (Volcan de Masaya), an active Volcano from which the city takes its name. The 2005 population estimate was 146,000.
Currency
Cordoba (NIO)
Language
Spanish
Area
129495 km2
Population
5891199
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Area: 150 m2
Price: 6400000 GBP
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