How RE/MAX Belize Can Help You Succeed in the Belize Real Estate Market
How RE/MAX Belize Can Help
The Caribbean nation of Belize offers many benefits for real estate investors. It is a place where one can buy a home in the sun and enjoy tropical beaches. Belize is also a safe haven for those who want to protect themselves from market swings. Whether you’re an experienced investor or looking to get into the market for the first time, Belize is a great place to start.
Remax Belize real estate market is booming. With interest from a growing number of foreign buyers, house prices are rising in the country. As the tourism industry continues to grow, more visitors will mean higher demand for rental properties. Rental vacancies in the country were at their lowest point during the Great Recession. And if this trend continues, property values are expected to grow by 30 percent a year.
Real estate in Belize is a good investment option because of the low cost of ownership. Most properties are purchased outright with cash. Property taxes are very low, making Belize real estate affordable. However, in an unstable economy, it’s always a wise idea to diversify your portfolio. By investing in emerging markets, you can access more opportunities and discover diamonds in the rough.
How RE/MAX Belize Can Help You Succeed in the Belize Real Estate Market
RE/MAX Belize is a leading brokerage in Central America. They work with hundreds of investors each year. This company is particularly adept at handling Ambergris Caye real estate. Their goal is to educate investors about the economy of the Caribbean nation. In addition, they provide regular updates and research about the Belize market.
Dustin Rennie and Will Mitchell of RE/MAX are real estate brokers who are enthusiastic about helping other investors succeed in Belize. Having spent time in the country, they have found that there are a lot of opportunities to be had. Whether you’re interested in renting a condo, purchasing a villa, or buying an off-grid lot, the team at RE/MAX Belize can help you find success.
The best part about Belize real estate is that it’s not overdeveloped. You can purchase a beachfront home for around US$150,000, a fraction of what you’d pay in the United States. On the other hand, if you are a long-term investor, you may reap the rewards of a 10- or 20-year investment.
In addition to their expertise in Ambergris Caye real estate, the team at RE/MAX is also experienced in the inland areas of the country. Coastal areas have seen the greatest increase in value, with an average annual increase of 30%. Meanwhile, the rural areas have seen an average annual increase of 5% to 7%.
Belize is an emerging market with an abundance of potential. Property owners can expect to see steady growth in their investments over the years, as well as capital gains. If you’re not already invested in Belize, you should consider investing now. Buying a property here could be a great way to make an exit from the volatile North American market.
When considering Belize, it’s important to know that the country’s legal system is based on English Common Law. Belize’s government is relatively stable, so foreigners can own property with ease. Furthermore, the currency is tied to the U.S. dollar at a fixed exchange rate, which helps the Belizean dollar to remain competitive.