Las Isletas

One of the most enjoyable ways to pass the time is touring this miniature archipelago of 365 (OK, maybe fewer) tiny tropical islands, topped with rare birds, colorful flowers, mansions hung with hammocks, and a few hotels and restaurants where you're welcome to sit back and enjoy it all for a while. Catch a ride with a tour company or hire a boat yourself.

There's even a Spanish fortress, the 1784 Castillo San Pablo, with great views of Granada and Volcán Mombacho, plus a fine swimming hole nearby. The residents of Isla de los Monos (Monkey Island) are friendly, but may run off with your picnic lunch!

Formed 10,000 years ago when Volcán Mombacho exploded into its current ragged silhouette, the neighborhoods on these islands were once among the poorest in Granada - some are still home to impoverished families who, in general, have no official property rights. Gradually, they're being supplanted by the beautiful homes of folks like the Pellas (Flor de Caña, Credomatic) family, former President Chamorro, and lots of expats in paradise. Want to join them? There are plenty of 'For Sale' signs, and your guide will know all the prices...