Discover the Best Places to Buy Property in Belize
Are you considering buying property in Belize and wondering where to buy? With stunning white sand beaches, verdant rainforest, Mayan ruins and proximity to the world’s second-longest barrier reef, Belize has recently emerged as one of the most exciting tourist destinations in the world. In 2018, overnight visitor arrivals surged by 14.6% to a record-breaking 489,261 visitors. The phenomenal growth in tourism has been accompanied by a dramatic rise in interest in real estate in Belize. The country has become one of the hottest places to invest, with demand for homes for sale in Belize and condos for sale in Belize rapidly rising.
Where to Buy Property in Belize?
If you are thinking about investing in real estate in this spectacular Central American country, be sure to carefully consider where to buy property in Belize. The country is large and varies significantly from its plethora of islands, long coasts and lush interior. As you might expect in such a diverse country, each district differs considerably from the next. To help get you started, here’s our pick of some of the best places to buy property in Belize.
1. Ambergris Caye
Located on the northeastern coast of the country, the large island of Ambergris Caye is the most popular tourism destination in Belize. In 2018, 41.5% of all overseas visitors stayed here, most of whom stayed in or around San Pedro, its largest town. The island, which is the largest in the country, spans 25 miles in length from north to south and just 1 mile from east to west. Serving as the inspiration for Madonna’s “La Isla Bonita” in her 1987 hit song, Ambergris Caye is loved for its long sandy beaches, laidback island lifestyle and its proximity to reefs of the Belize Barrier Reef. Much of the island has been set aside as a nature preserve which adds to its appeal as the most popular destination for international buyers in search of second homes in the tropical sunshine. Property for sale in Ambergris Caye ranges from beachfront condos in new condo hotel developments with access to hotel-style amenities through to charming beach houses just steps from the warm Caribbean Sea or the lagoon. As the most developed real estate investment location in Belize, property prices for vacation homes tend to be higher than other parts of the country but are still relatively affordable when compared to many other destinations in the Caribbean and Central America. As construction and development bring new real estate products to the market and the profile of the island continues to rise, the value of property is expected to continue to appreciate at an equally rapid pace.
Quieter and less developed than Ambergris Caye, the Placencia Peninsula is, nevertheless, a significant tourist destination with a rapidly developing real estate market. In 2018, the area attracted 13.4% of all overseas visitors to the country. Jutting out from the southeastern coast of the Belize mainland, the narrow peninsula offers quiet beaches and easy access to reefs, fishing waters and idyllic small islands off the country’s Caribbean coast. The largest settlement is Placencia Village which is home to almost half of the peninsula’s 3,500 permanent residents. There are several resorts in Placencia offering real estate for sale which tend to be smaller in scale than the resorts in development in Ambergris Caye – ideal for buyers looking to enjoy a tranquil lifestyle by the beach. Both condos and detached homes are available to purchase in popular areas such as around Placencia Village, Maya Beach, Cocoplum and Plantation – often at prices considerably lower than Ambergris Caye.
Discover: Property for sale in Placencia, Belize
While many international visitors head to the beautiful white sand beaches on Belize’s Caribbean coast, for others, nothing quite compares its rainforest-covered interior. Rural Cayo District is particularly popular, welcoming 28% of all overseas visitors to Belize. Located in western Belize, Cayo is a sharp contrast to Ambergris Caye and the Placencia Peninsula. Here, wild rivers flow through rolling hills and dense jungle into beautiful waterfalls. The jungle also hides the ruins of some of Belize’s most impressive Mayan temples. The pristine natural beauty and fascinating historical legacy combine to make an intoxicating tourism product. Cayo District – including the capital San Ignacio – can therefore offer tremendous potential for commercial real estate investors with an eye on the flourishing cultural and eco-tourism sectors. Buyers can find small hotels and resorts for sale set in spectacular locations with views to die for. Property prices also tend to be much lower than on the coast offering a bargain for astute investors.
Discover: Property for sale in Cayo, Belize
Finding Your Perfect Property in Belize
So, where exactly is the best place to buy property in Belize? Well, that depends on which part of the country you personally prefer. Whether you are thinking about buying a condo in Belize along the beach in Placencia for vacations, a villa in Ambergris Caye to retire in Belize or a hotel in the jungles of Cayo as an investment, there is a wide variety of options to take a look at from across Belize.
To find out more and to begin your search for property for sale in Belize, contact 7th Heaven Properties, the Luxury Caribbean Property Specialist.
To discover more, explore Belize real estate on our website and find your perfect property in Belize with 7th Heaven Properties.