No one will deny that Belize has so many beautiful locations and picturesque places to visit. So much so that it makes deciding which area is best for you a bit more difficult.
What most whom invest in real estate will tell you is that you can’t make a choice with your heart. At least not when it comes to investing. Sometimes the property that you fall in love with is perfect for fulltime living, vacation or retirement. But it won’t always make for the best investment.
The Good News
The good news is that with most properties in Belize you don’t have to compromise. Property in Belize is gorgeous and continues to climb in value. Market trends show that two areas stand out from the pack. Yes with a bit of research you’ll find that both Ambergris Caye and Caye Caulker Belize are not only stable places to invest, but are huge part of a lucrative Belize real estate market.
Why are Ambergris Caye and Caye Caulker Attractive Places to Invest?
Well put simply Ambergris Caye and Caye caulker make up for over 67% of the country’s tourism. That’s a big number for just two areas. This impacts vacation rentals returns, housing development and ultimately housing and land prices. Every year the country of Belize has seen an increase in the number of visitors of more than 14%. What does this mean for an investor? That things will be looking up for a good while to come.
A Few Areas to Consider
An area that is getting allot of attention these days is the “Secret beach” area of Ambergris Caye. This area has exploded in it’s popularity and prices are quickly on the rise. Has it reached it’s peak though, many would ask. The answer is emphatic no. While it has indeed gotten pricier than years past, there are still plenty of great deals to be found.
Also not to be overlooked area areas just outside of the Secret beach area. Areas like Caribbean Coves and Ambergris Bay North. Those areas are still priced well and make for very sound investments. Want the east coast and quick reef access instead? Then check out the areas of North and South Ambergris caye. Those areas are ripe with great deals and opportunities.
Caye Caulker has the motto GO SLOW. Due to this for years you couldn’t find a condo for sale. Fortunately, that has changed and there are amazing developments where prices are still in favor of a buyer.
Where to Start
All that said, you still need someone who is knowledgeable to the current market trends and property values. Since Belize doesn’t have a comp system like in the US and other countries this is an integral part of the process. Also noteworthy is the fact that many of the best deals won’t make it to post online. Therefore you’ll need a savvy agent who is willing to put in the time and effort to find you the best deal possible. We have those agents at RE/MAX Island Real Estate. Contact us and have one of our dedicated Belize Real Estate professionals get to work in your behalf!