Belize is lined with the most amazing beaches as well as private islands with perfect weather and views. Even though the real estate markets in America change drastically this is the case for some areas of the world. Investing in Belize allows you to avoid many of the same general hassles that are involved in American real estate investing.
Everyone loves to purchase real estate near the ocean, but Belize offers great properties that are more inland and include ranches, citrus groves, and raw land for either residential or commercial property. When you invest in real estate that is more inland you will be assured much better waste management and accessibility to utilities.
Those who want to invest in property in Belize that is near the water and sand that is so popular than you will want to check out the Hopkins/Sittee Point or Sarteneja which are located on the southern coast. However you will want to stay away from the Placencia Peninsula. The area has been known to have a market that is on its way down which is not somewhere you would want to invest your time and money. One of the most popular and expensive areas to live is Ambergris Caye. The Remote Cayes have more than two hundred private islands to offer for investors to purchase. Keep in mind that there is always the chance of hurricanes so keep the proper insurance.
Hurricanes are actually one of the main disadvantages to the real estate investing market in Belize. Residents from the area will tell you that it isn't the wind that causes as much damage as the six foot talk tidal surges which totally devastate local properties and businesses. The costs of reconstruction is fairly inexpensive but you need to make sure that you hire the most qualified supervisors that live in the area and can pay the workers for you.
Written by Geoff Amerson. Find the latest information on Belize Real Estate for Sale as well as Belize Real Estate
Source: www.articledashboard.com
