Latest listing added: August, 2026
1. Zopango Island ($1,500,000)
- Location: Lake Cocibolca, Asese Bay
- Size: 1.98 acres, 0.8 hectares
- Description: 65m from shore, 7km SE of Granada, 39km SE of Managua
- Ownership: Freehold
- Development: Developed
- Map: See on Google Earth
An off-grid sanctuary among the Isletas de Granada – 365 small islands scattered throughout the Asese peninsula.
Located just 30 minutes by car from the city of Granada itself, this three-island archipelago spans approximately two acres and has been lovingly developed into a sustainable retreat by its long-term owner.
Together, the three spaces feature a family home, a guest house, a traditional palapa with an outdoor kitchen, four docks, three boats, and comprehensive off-grid utilities. Furthermore, there is additional construction space for additional guest housing.
Zopango’s natural allures include a warm climate, direct access to pristine swimming waters, and an ecosystem rich with native flora and fauna.
The sellers invite interested investors to stay on the island briefly to understand its value.
2. Grape Cay Island ($900,000)
- Location: Pearl Islands, Bluefields, Caribbean Sea
- Size: ~2.5 acres, ~1 hectares
- Description: 3 miles from shore, 50 miles NE of Bluefields
- Ownership: Leasehold
- Development: Developed
- Map: See on Google Earth
Grape Cay is a 2.5-acre private island situated in the Pearl Cays island group off the Caribbean Coast of Nicaragua. With white sand beaches, turquoise water, and lush coconut palm trees, this stunning island is a tropical paradise offering endless potential.
Protected by surrounding reefs and outlying islands, Grape Cay is an ideal location for eco-tourism, sports fishing, diving, and snorkelling. The island is also a popular nesting and hatching site for turtles during their season.
Offered for sale as a turnkey business, Grape Cay is a fully operational tourism destination. Accessible within two hours by boat from Bluefields, the owner has done extensive remodelling in the past seven months on the island that features a “Fisherman’s style” zinc and leaf-roofed shack, three round-thatched cabanas, and a circular cement main house with an open-plan living area and fully equipped kitchen. The island also includes a bar/restaurant, a workers’ cabin, all furnishings, and a boat.
Whether seeking a private tropical retreat or an investment in Nicaragua’s thriving eco-tourism industry, Grape Cay presents an unparalleled opportunity. Don’t miss your chance to own a piece of paradise.
3. Isleta El Recedo ($549,000)
- Location: Isletas de Granada, Lake Cocibolca
- Size: ~0.13 acres (0.05 hectares)
- Description: 12 min by boat from Marina Cocibolca, 8km SE of Granada, 41km SE of Managua
- Ownership: Title not stated
- Development: Developed
- Map: See on Google Earth
A four-bedroom island home with a swimming pool, finished to North American standards in 2017—and the island it sits on comes with it.
Isleta El Recedo is a compact 521-square-metre islet in the Isletas de Granada, reached only by water, around twelve minutes by boat from Marina Cocibolca. The two-storey house occupies the island: four bedrooms, each with a private balcony, two full bathrooms plus two guest baths, and a pool set at the water’s edge.
Everything needed to live independently is already installed: a fifteen-panel solar array with lithium battery storage, on-island water processing, high-speed internet, and a resident caretaker with his own quarters. A boat is included in the sale.
The property currently operates as a rental, giving an incoming owner the option of income from day one rather than a construction schedule. For buyers who want the island experience without the island project, El Recedo is as close to move-in ready as Nicaragua gets.
4. Isleta La Vaca ($470,000)
- Location: Las Isletas de Granada, Lake Cocibolca
- Size: ~4.82 acres (1.95 hectares)
- Description: 10 min by boat from Astillero El Diamante, 8km SE of Granada, 41km SE of Managua
- Ownership: Freehold
- Development: Partially developed
- Map: See on Google Earth
At 4.82 acres, Isleta La Vaca is among the largest islands in Las Isletas de Granada—a scale that opens options most of the archipelago’s islets simply cannot support.
The groundwork is in place without committing the land to any one use. A dock with steps leads up from the water, a paved path runs the full perimeter, and there is a caretaker’s area with storage and kitchen. Grid electricity is connected and internet is stable. No permanent residence has been built, which leaves every principal site still open.
The terrain varies between high ground and flat, ready building platforms, and a mature orchard is already producing: three varieties of mango, lime, dragon fruit, coconut, avocado, and banana.
Access is ten minutes by boat from the Astillero El Diamante launch, itself a short drive from Granada. Marketed for a boutique hotel, an eco-community, or a luxury subdivision, La Vaca is one of the few Nicaraguan islands with room for a plan of real ambition.
5. Isla El Arenal ($190,000)
- Location: Isletas de Granada, Lake Cocibolca
- Size: ~2.27 acres (0.92 hectares)
- Description: ~200m from shore, 7km SE of Granada, 40km SE of Managua
- Ownership: Freehold
- Development: Undeveloped
- Map: See on Google Earth
Three minutes by rowboat from the mainland—that is the entire commute to this 2.27-acre private island in the Isletas de Granada, and the shortest crossing of any island on the Nicaraguan market today.
Isla El Arenal is undeveloped and unusually workable: flat, usable terrain across its full 9,188 square metres, wrapped in lush tropical vegetation with open water views on every side. There is no clearing or levelling to undo before building begins.
The setting is Lake Cocibolca’s most celebrated archipelago—365 islets scattered off the Asese Peninsula, formed when Mombacho Volcano collapsed into the lake. Granada, one of the oldest colonial cities in the Americas, is a short drive from the launch point, with Managua’s international airport under an hour beyond it.
For a buyer weighing a luxury residence, a small eco-lodge, or a hospitality project, El Arenal offers the rarest combination in island ownership: genuine seclusion with a mainland shoreline you can reach without an engine.
6. Isla del Sol ($190,000)
- Location: Asese Peninsula, Isletas de Granada, Lake Cocibolca
- Size: ~0.22 acres (0.09 hectares)
- Description: 5 min by boat from the mainland pier, 6km SE of Granada, 39km SE of Managua
- Ownership: Freehold
- Development: Developed
- Map: See on Google Earth
Four guest cabins built into the canopy of Poponjoché trees, three metres above the water—Isla del Sol is not a plot of land but a working eco-lodge, sold complete.
The 900-square-metre island sits off the Asese Peninsula in the Isletas de Granada: ten minutes by car from Granada, then five minutes by boat from the mainland pier. The cabins sleep eight between them, with four full bathrooms and two outdoor showers, served by a central building housing reception, a bar, and a full kitchen. The restaurant runs three meals a day.
The island operates entirely off-grid—one hundred per cent solar with battery backup, pumped and filtered water, and an ecological septic system that recycles all wastewater.
The sale includes the fleet: a restored 35-foot vintage wooden boat, a fishing boat, two kayaks, and two Yamaha outboards. Reduced from $290,000, this is a rare chance to buy a private island and a running hospitality business in a single transaction.
7. Private Isleta, El Rayo ($125,000)
- Location: Isletas de Granada, Lake Cocibolca (El Rayo sector)
- Size: ~0.48 acres (0.20 hectares)
- Description: 5 min by boat from El Rayo port, 10km SE of Granada, 43km SE of Managua
- Ownership: Freehold
- Development: Developed
- Map: See on Google Earth
A three-bedroom house on your own island in the Isletas de Granada, for $125,000—a price that puts private island ownership within reach of a straightforward family purchase.
The islet covers 1,954 square metres of rocky terrain and native vegetation, with mango, guava, and hicaco trees established across it. The house is practical rather than luxurious: three bedrooms, a bathroom, living and dining space, kitchen, and service area, built in confined masonry with a wood frame and zinc roof.
Services are already sorted. Water comes from wells on the property, electricity from a generator, and connectivity from either mobile signal or satellite internet.
Access is unusually well documented for this market. A paved and dirt road runs from Granada past the El Diamante shipyard, continues 3.4 kilometres toward El Rayo port, and the crossing takes five minutes by boat. For a buyer wanting a usable lake retreat now rather than a building project later, this is the most direct route in.
8. Isleta El Coyol ($74,000)
- Location: Isletas de Granada, Lake Cocibolca
- Size: ~0.30 acres (0.12 hectares)
- Description: 10 min by boat from Marina Cocibolca, 7km SE of Granada, 40km SE of Managua
- Ownership: Freehold
- Development: Undeveloped
- Map: See on Google Earth
At $74,000, Isleta El Coyol is the most affordable whole island for sale in Nicaragua—and one of very few anywhere in Central America priced within reach of an ordinary buyer.
The islet covers 1,224 square metres in the Isletas de Granada, roughly ten minutes by boat from Marina Cocibolca. It is relatively flat and largely untouched, though the groundwork has begun: a boat docking area is already cut in, mango trees are established, and both off-grid solar and internet service are available.
Mombacho Volcano rises across the water to the south, and the lake’s sheltered inner channels keep the crossing easy in most conditions.
Reduced from $89,000, El Coyol suits a single lakeside home or a compact cluster of eco-resort cabins—the kind of project where the island itself is the amenity and the build stays deliberately light.
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