With hotels averaging less than $50 a night, this Central American colonial town has cobblestone streets, brightly-colored houses with red tile roofs, and views of Lake Nicaragua. It didn’t take long after the Spanish found it for Granda to become a major trading hub. The French, English, Dutch, and some pirates all tried to claim it as their own, so there is plenty of history and culture to explore. For outdoor enthusiasts, there are nearby volcanoes, lakes, lagoons, and cloud forests to explore. Lake Nicaragua is home to hundreds of small islands where a boat or kayak gives you the opportunity to see a variety of wildlife, including monkeys.