It hasn’t been many years since Belize has been making news in the real estate industry. Ever since the global economic crunch in 2008, this Central American country has seen a boom; the tourism and real estate business have flourished well. Even today, there is no looking back for Belize.
The country’s real estate business and tourism businesses are booming as there has been an influx of foreign retirees moving to Belize from North America and Europe to build an affordable home. It’s not just that the property rates in Belize are affordable, it’s the climate that attracts the retired lot too. The tropical climate of Belize is just right for aging bones; it’s neither too cold, nor too unbearably hot. Just perfect.
As compared to the Americas, this country is economically stable, is bursting with nature and offers everyone, especially retirees opportunities to find a home in a nice location at rock bottom prices. While ocean properties for sale in Belize may be a little expensive, a comfortable lot for a small family is pretty reasonable, starting from around $12,500 USD and up.
Find an Affordable Home at a Safe and Serene Location
Since this Caribbean country has seen an influx of businesses, the need for housing projects and real estate properties have gone up. However property rates remain extremely affordable due to low government taxes. According to a Cost of Living Index for Country for the year 2015 by Numbeo, the Rent Index for Belize is 11.44, which is extremely low as compared to 36.17 for USA and 39.19 for UK. The CPI plus rent index for Belize is 40.74, whereas it is 56.81 and 66.29 for USA and UK respectively.
The huge difference in the rent indices of the countries mentioned above are a huge indicator of cheap property rates in Belize. Also, the government regulations regarding property ownership are lenient today and this trend is likely to continue in the future.
There are great many lots up for sale in Belize, some are ocean frontage properties, while others are at a close distance from the bay and other amenities like restaurants, hospitals, malls, etc. The housing projects here are under development and open to foreign investors at amazing rates, it’s just important to know how to get access to properties for sale through a reputed dealers.
I say this, because there are many con estate agents who mint money from you and disappear, leaving you empty handed. So it’s important to make sure you do your research, especially on foot. This will not only keep you away from getting in touch with con agents, but also get you a better buying price since many properties do not advertise listings. More importantly, it is recommended to get in touch with a licensed agent who knows the real estate market in Belize and can find you property in a secure and safe location within your budget.
From government taxes, to friendly people, cheap living and natural beauty, the benefits of moving to Belize are endless. If you’re planning to retire and build a home in Belize, invest in properties in Corozal, that close to the beach and offers conveniences of an urban city life.
If you're looking for Belize Land for Sale visit www.serenityparadise.com
