Construction costs: Prices in Nicaragua have increased by 8%. The costs of metals and electricity and lighting, during the fifth month of the year explained the 8% year-on-year rise in prices for construction materials.
We also have seen personally that the cost of cement went from C$168 to C$310 or approx $5 to $10 dollars a bag of 50lbs of cement. For additional info see https://www.centralamericadata.com/en/article/main/Construction_Prices_in_Nicaragua_Increase_8?u=438f2c572b18c58adfe8f3675ed1a0c3&s=n&e=3&mid=[MESSAGEID]
So the question is why build when you can buy at brand new home?
