Does it make more sense to buy a retirement home in Belize now rather than purchasing the land for building down the road? That depends upon your time frame, of course. Experts opining on both options agree that the sooner one buys land, the sooner it starts to appreciate.
Further, if retirement isn’t currently on your horizon, you might not know how much room you’ll need – nor whether future health issues could call for architectural modifications. What you do know is that Belize is the hottest retirement spot in Central America, so you’ve already made the best decision of all!
Why purchasing a lot may make more sense than building right away
If you decide to buy a lot and build later, you may even be able to afford to buy a larger parcel on a more desirable site, in addition to gaining these benefits:
-If you build a house, you’ll be immediately responsible for maintenance and upkeep
-A lot allows you to enjoy a “hands-off” investment for as long as you care to wait
-You may spend less on property taxes if there’s no building on the parcel
-You won’t have to make extra trips to Belize to check on the house’s condition
-Pay the lot off and use the equity to underwrite construction of your home.
Where to find the ideal parcel of land
At Carmelita Gardens, situated in Cayo, you won’t have to reinvent the wheel. Everything you require, including infrastructure, has already been developed. Founded a decade ago for investors, retirees, second home buyers and folks who love the idea of sustainable living practices, this unique development has been growing at a brisk rate.
Parcels of land are varied, plentiful and you would be hard-pressed to find better pricing as described on the Carmelita Gardens website menu of currently available lot options. Invest in the land and you can build later – in the style and size you need at the time you formally retire.
Onsite staff can help you pick out a floor plan that meets your requirements once you’re ready to build and personnel is happy to introduce you to resources that include everything from architectural and legal advice to financing. Once you’ve got all of that sorted, you’ll be ready to make the big move.
What you gain by moving to Belize
1. Belize’s economy is stable and inflation rates are low
2. Everyone speaks English so sale details are easy to understand
3. Belize real estate taxes are unbelievably low for ex-pats
4. Flights home to see friends and family take just a few hours
5. You retain ownership of your title once it’s filed with the government
6. Rest assured, you will make lots of friends from the moment you arrive
7. Need we say more about affordability after browsing lot prices at Carmelita Gardens?
Tour dates have been set up for folks who want to see Carmelita Gardens for themselves. If you’d like to see the parcel that caught your eye when you browsed that web page, come for a visit. Find tour details and dates here. Space is limited. Reserve now to get your first choice of tour dates!
