On the western side of town, seven blocks from the Parque Central, Laguna de Masaya beckons. Despite its crystalline appearance and appealing, forested slopes, the lake is heavily polluted with sewage effluent from the town. It’s still worth the walk, though, as the waterfront malecón has stunning views of the smoking cone of Volcán Masaya and most of the town’s late-night bars and clubs.

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