Top 5 Reasons to Invest in Belize Real Estate in 2020
A recent New York Times article pointed out that Belize remains a strong favorite among retirees, expatriates and those looking for a smart investment property.
At Boris Mannsfeld & Associates, they have long known that Belize offers unique opportunities for those who want to put down roots in paradise. That’s especially true of the uniquely beautiful Placencia Peninsula in southern Belize.
Top 5 Reasons to Invest in Real Estate in the Placencia Peninsula
1. Placencia offers quick access to everything Belize has to offer.
The Placencia Peninsula boasts thebest beaches in Belize. With 16 miles of pristine beachfront, the peninsula offers an amazingly affordable way to live in a tropical paradise. The peninsula is surrounded by protected wildlife areas, marine reserves and small, charming communities. The Maya Mountain are just a few miles away so access to ziplining, hiking, waterfalls, cave tubing, birding and much more are easily reachable. And two of the best Maya ruins in Belize are just a short drive away. Chocolate farms are also worth a visit. And lets not forget about the stunning islands and the annual migration of the whale sharks.
Placencia has maintained its rustic, pristine charm in spite of its growing tourism industry. Placencia doesn’t have any chain hotels, chain restaurants or fast-food places. Most hotels are locally owned and environmentally responsible. About half of the country is protected by a sanctuary or preserve. You never have to worry about your property being surrounded by crowded, overbuilt developments.
2. Timing is perfect to Purchase property in Placencia.
Placencia has rapidly become a favorite destination for tourists and retirees. In particular, it has become a popular place for travelers who want eco-tourism and nature-themed excursions. Belize is well-positioned to provide that type of travel, and the Belize government is committed to keeping the country clean and green. Placencia is all becoming very popular due to its pristine authentic Caribbean character verses just another rapidly developing tourism trap on the beach.
The local economy has benefited from this increase in tourism, and the peninsula has developed businesses geared toward these visitors and new residents. More award-winning restaurants, professional dive centers, plenty of grocery stores, a new micro-brewery and a golf course is also in the works. That in turn presents great investment opportunities. Demand for property continues to grow yet prices are still very reasonable which is all beneficial to the savvy buyer that makes a purchase today.
3. Properties Will Increase in Value
There’s no question that properties in Belize will increase in value. Belize has recently been making a splash in major travel magazines and “Best Destination” top-10 lists. Opportunities keep looking up, especially in the desirable Placencia Peninsula. Tourism to Belize accounted for only 12% of the country’s economy five years ago. Today, Belize greets over a million visitors each year, and tourism is almost 40% of the economy.
4. It’s Close for Family to Visit
Getting in and out of Belize from the U.S. and Canada is fast and easy. It’s only an average of three hours’ flying time from most major cities, and airlines are adding direct flights daily to Belize City. And Placencia is accessible by its own local airport (30 minutes) or a stunning drive through the Maya Mountains on a fully paved highway (3 hours). English is the official language of Belize, and your family will find it a familiar, welcoming place to visit.
5. Belize Is Still Affordable
Compared to other retiree and expatriate havens, Belize is still an affordable option. While an influx of U.S. businesses have seen prices in Mexico, Costa Rica, Guatemala and Panama rise significantly, Belize still offers reasonably priced homes, oceanfront condominiums and business opportunities.
Get Expert, Experienced Help With Belize Real Estate
If you’ve decided that Placencia is an ideal place to invest in real estate, make another good decision to work with the experienced team at Boris Mannsfeld & Associates. They specialize in commercial, residential and investment properties in the desirable, rapidly growing Placencia Peninsula. They are also the #1 Island broker in all of Belize. If you’re looking for a vacation condo, an undeveloped lot, a private island, a beach resort, an income-producing apartment property or a great investment property of any kind, contact them today.