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Outdoor, Boulders, Stone Patio, Porch, Deck, Small Patio, Porch, Deck, Walkways, and Trees "I happened to go out on a guided excursion from Granada to the islands on Lake Nicaragua, and I noticed many of them had For Sale postings with phone numbers. There was a good mix of locals and fisherman on the islands, and there were a few luxury homes," Andrew says, "but there were no accommodations. So I saw an opportunity, and given Granada’s growing development, the trajectory seemed positive."  Photo 3 of 12 in Isleta El Espino: A Three-Room Eco Hotel on Lake Nicaragua