Discover How To Find The Best Investment Property For Sale In Belize
Each year more than 300,000 tourists find paradise in Ambergris Caye and San Pedro, Belize. These two popular areas of Belize are highly sought-after destinations for both the casual and serious Real Estate investor. Whether you are interested in owning your own slice of paradise to use as a vacation get-away, want to rent out your property during the peak tourist season, or are interested in diving into the world of commercial Real Estate investment, the following tips will help you to find the ideal investment property for sale on this beautiful place in the world.
What should investors consider when looking for residential properties in Belize?
Ambergris Caye is a profoundly beautiful area of Belize. In fact, it is so beautiful that over 70 percent of the annual visitors find themselves touring around Ambergris Caye. As a residential Real Estate investor or interested vacation homeowner, location is one of the most important factors to consider. Additionally, you should consider the following when you are looking at a property for sale in Belize.
- Is the property located directly in the popular areas of Ambergris Caye or San Pedro?
- Do I want to lease out my property or am I only interested in owning it for its resale value?
- Can I wait to live in Belize or do I need to find a property for sale that is move-in ready?
- Do I want to avoid the hassle of finding local craftsman to conduct repairs and renovations? If so, should I purchase an ocean front condominium unit?
- Do I want to be close to the National Marine Park or have direct access to the stunning barrier reef that is known to be a diver’s dream?
By answering these types of questions, you can more easily narrow down your search for the ideal Belize property. Keep in mind, that while you might be tempted to buy a lot of land, construction time can take longer than expected. If you want to expedite construction, you will need to work directly with local Real Estate experts to ensure that deadlines are met while you are off island. Finally, no matter whether you choose to buy a condominium, lot of land, or a house, you will receive the same rights as a Belizean citizen. This means that you will be able to live in, lease out, possess, or bequeath your property within Belize laws, which means that you will be making a Real Estate investment that you can enjoy for life.
What should investors consider when looking for commercial properties in Belize?
The strong tourist market is the top reasons that Commercial Real Estate investors flock to Ambergris Caye and San Pedro, Belize. A few factors to consider before you purchase a commercial property in Belize, include:
- The stability of the tourist market for your chosen commercial industry.
- The profitability margin for your commercial property.
- The livability of the surrounding area, so that you can cater to local and tourist businesses.
With these factors in mind, purchasing a commercial property for sale in Belize is best done with the help of a trusted local Real Estate professional.
Purchase Investment Properties In Belize
When you are ready to own a piece of paradise in Ambergris Caye or San Pedro, Belize be sure to contact a member of the RE/MAX Island Real Estate team. RE/MAX Island Real Estate proudly helps foreign buyers purchase residential and commercial investment and vacation properties in Belize. Contact us today, so that we can help you purchase the perfect home or commercial building.