There are a few local real estate agencies that can help facilitate a purchase on Lake Nicaragua, based in the city of Granada. For example, Casa Granada Properties offers a few private islands for sale, from an average of $100K to $500K.
The dual Icacal Islands that neighbor one another are on sale for $225,000, offering raw land with lush vegetation. The islands reach 65 feet in height and span 9,186 square feet. The one and half-acre El Manguito Island is on sale for $180,000 and has a one-bedroom property already built on island, which features a small pool and an outdoor terrace. Another real estate agency, Discover Real Estate, offers island land for sale or an island with a home on it, as well as groups of islands for purchase within Lake Nicaragua, ranging from $100K for land to $1.1M for the bulk island purchase.