Property Purchase in Ambergris Caye

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Written By NewtonPatterson

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There are many great choices for Central American real property when you are looking to buy a second home or retire abroad. Although Guatemala and Costa Rica have many charms, it’s worth considering the benefits of Belize’s growing expat community, Ambergris Caye. While real estate prices in Belize are on the rise, they still remain significantly lower than in Mexico and other parts of the eastern Caribbean. It is also very easy to transact in Belize because there are no property taxes and no capital gains nor estate taxes.

RE/MAX is not only the biggest real estate firm worldwide, but it is also the largest network of offices and agents in Belize. With offices in every corner of Belize, RE/MAX has the biggest market share. This network is important in the analysis of Belize real estate as we don’t have a traditional MLS.

RE/MAX Ambergris Caye Real Estate Belize agents are well-versed in market and property knowledge. With more than 100 agents across the country their collective knowledge of RE/MAX agents in Belize exceeds that of just one agent. RE/MAX Belize is more than simply finding a house in the Caribbean, the services extend to investment as well as land banking, market information rental, location and much many more.

Ambergris Caye realty is highly regarded as one of the best investment, retirement, and real estate markets around the globe. The market is booming, so it would make sense to invest in property here. Homes on the eastern coast of the island sold for $10,000-$15,000 USD at one time. The island is now more popular with expats from Canada and the United States, and property prices are in the $400,000 to $400,000 range. The pleasure of seeing Belize’s value increase is what anyone who purchases a property here will be able to enjoy. People are beginning to notice that this island of 24 miles has much to offer.

Because Ambergris Caye is growing rapidly, most of the real estate for sale here are priced in U.S. Dollars. The barrier reef off the east coast of Belize is second in size in the world. It attracts people from all walks of life to go snorkeling, scuba diving, and fishing. This charming island is a world apart thanks to the fact that English is the official language of Belize. You can still communicate with the rest of the country if English is your only language.

Over 60% of visitors to the island will tell us that they want to be close to the water when they make a decision to invest in property. As an old friend once said, there are many ways to ensure you get the best bang for your buck.

Will the property be used to generate income? Is it for your personal use, as a second home or income producing? I ask because it is important to understand your goals and make a decision before making any decisions. If it’s going to be income-producing properties, let me know so i can get in touch with friends who have managed properties on the island since before i was born. They are experts in their field.

If the property is to be used as a residential home, it would be a great idea to choose a beachfront property. You can then design and build the home you desire on the island of San Pedro. It’s not every day that you have the opportunity to make a decision that will last for as long as your life and possibly be passed on to your children. You’d be happier if you made it with your own hands. I don’t necessarily mean that you have to use a hammer or chip away at your house with your bare hands. You’ll be able to keep track of everything that is happening. There are a few well-known builders and contractors on the island who would be happy to answer any questions regarding building costs or types of material.

After you’ve made your decision, whether you’re alone or with your family, San Pedro is where you want to retire, make a home for the winter, or just escape your job place for a few weeks each year. If you feel that your home can earn some income while you are away, then you might consider asking me where I would recommend you invest your money. You will be able to look back many years later and be happy you made the right choice.

I will not only be happy to assist you in finding the perfect place for you, but I will also feel the joy of making new friends along the journey. Relationships can last long after transactions are completed. You will always remember how they made your feel, whether it’s in a store or by walking down the street to meet the friendly realtor.