It has now won the No. 1 spot in the top ten islands in the world for two consecutive years, according to Trip Advisor’s Travelers’ Choice Award. The currency is pegged to the U.S. dollar, so investors don’t have the currency risk inherent in many foreign investments or moves. This island is essentially a sandbar on a limestone plank. It is a popular tourist destination with a shallow lagoon that meets the Belize Barrier Reef.
Cordage Cottage is highly sought after as a first class investment as it is perfect for family holidays in Belize. Both high net worth individuals looking for a place to escape with their loved ones, and investors who want to earn fantastic ROI and rental income, see it as an excellent asset. Our partners have a wide range of different properties. We have homes ranging from three bedrooms to larger multi-family homes and one-bedroom units for those looking for larger investment projects, and even townhomes. Most lots start at $150,000, plus construction costs, which start at about $40,000.
The negative is that supply and demand will eventually push prices higher. Now, if you’re a wealthy tourist, you’ll REALLY like that. Whether you’re interested in Belize or not, this episode has a good insight into what moves markets. And except in very rare circumstances, they are PEOPLE.
Sometimes shoppers just want to have their own piece of paradise. You can invest in a holiday home or apartment in Belize so that you can spend time there all year round or to have a place to retire in the future. Investing in and buying the best foreign property can be overwhelming. After all, there are countless destinations where you can invest, and it’s hard to know which places have already peaked and which are on the rise. When investing in real estate in Belize, it is important to do your research and work with a reputable agent or company. RE/MAX is the most trusted name in real estate and Will Mitchell &Dustin Rennie are 2 of the leading real estate experts in the region.
Belize also has a very stable political and economic environment, making it an ideal place to invest in real estate. Placencia has maintained its popularity as a favorite destination for tourists, adventurous travelers and retirees. Investment properties are regularly rented out in all seasons. More than 1 million people visited Belize last year, and the numbers are increasing every year as people discover the many delights of our small country.
There are many American expats who live and work in Belize and who can help as experienced real estate agents and lawyers. Choose your support team through client recommendations to ensure you get help Ambergris Caye Real Estate from professionals who are truly based in the Belize real estate market. The preferred way to own real estate is through Title Free and Clear, either as an individual or through a legal entity.