Saturday, August 21, 2010

Timing Your Investment in Belize

Timing the purchase of international property is critical. To get the most from your investment you need to identify the path of progress and catch a destination on its way to becoming hot, but before prices escalate.

In the Caribbean most locations have already been discovered. Cancun, St. Bart's, and Cayman Islands have peaked in price; however Belize is relatively undiscovered even though it has advantages over all these well know locations.

Real Estate in Belize sells for half the Caribbean average and that will likely change. Property values in Belize are low for the wrong reason – because the country has not been marketed. Belize has the smallest population in Central America (not a bad thing) and therefore a small tax basis for its marketing budget. Belize prides itself as "Mother Nature's Best Kept Secret" but this secret is too good to keep. Today Belize is affordable, its oceanfront is still available, and the environment is pristine with virgin rainforests and the world's second largest reef.

Belize has many advantages over its Latin and Caribbean neighbors. Once this tiny country is discovered your Caribbean dream may suddenly be out of reach. Some of Belize’s advantages include:

- English-Speaking – Only English-speaking country in Central America
- Green – Longest living reef in the world & world’s second longest reef overall
- Accessible – Only 2 hours from U.S. and new flights and airports in progress
- Path of Progress – Billions invested in Mayan Riviera from Cancun to Belize
- Peaceful – No war in over 200 years
- Banking – Strong privacy rights and no capital gains taxes

Within Belize, the Corozal district in Northern Belize has additional advantages. Corozal rests serenely along the Bay of Chetumal, safe from the harsh saltwater air of the islands and protected from tropical storms. Because Corozal is on the mainland the total cost of ownership is lower than the even the Belizean islands. Corozal is the sister city to Mexico’s capital of Cancun’s state. This affords access to excellent healthcare, restaurants, and shopping.

Word of mouth travels exponentially and Belize will soon be a well known destination. The best properties in Belize are still affordable but that will quickly change.

1 comment:

  1. Hi friends,

    Interesting blog! Belize offers a vastly surprising list of experiences dependent on which part of Belize you happen to visit. Belize is also blessed with true tropical weather. It also offers many exciting activities that you will love including: zip-lining, cave tubing, canoeing, horseback riding, parasailing, diving, and snorkeling, and sport fishing to name just a few. Thanks...

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