Are you considering moving offshore for your retirement or as a lifestyle change? If so, Belize should definitely be on top of the list of your preferred locations! Why? Well, Belize as a country is believed to be one of the most desirable places in the Caribbean. It is a country with amazing white sand beaches and rainforests and is home to the second-longest barrier reef in the world. The other thing about this country, which is probably of significant importance to property investors, is that it is the only country where foreigners have the same rights as citizens when it comes to buying land. Now, when moving here, you need to figure out where to settle, given that the country is vast, with a total of 450 islands. In making this decision, of course, you need to understand what’s really important to you, given that every part of the country offers something different. We have made things a little easier for you by listing the top locations in the country that you may want to consider. They are as follows;
It is undoubtedly one of the most popular destinations for anyone visiting Belize, either as a tourist or a property investor. In this area, there are beautiful beaches where a wide range of water sports takes place. If you like to scuba dive, snorkel, or fish, then this is the place to be. Getting around Ambergris Caye is quite easy, as the area is bike-friendly and walking around is also very common. You can also use a golf cart to get around the island at times, as they are pretty common here. The island is about 40 miles long and 1 mile wide, and it hosts a multitude of entertainment options, favourite pubs, and fantastic restaurants. Also, there are secluded locations where you can relax and just enjoy the island’s beauty and amazing sunshine. With regards to the properties available, there are many! There is the Ambergris Bay Beachfront Land and the Secret Beach Beachfront Land, which, if you buy, could be the perfect location for a dream home or any other business in the entertainment industry. You can also look at the Mayan Princess Beachfront Condo located right in the middle of San Pedro Town centre. We can’t forget Habitat Belize, an eco-community situated on the West Coast of Ambergris Caye. The homes in Habitat Belize are entirely self-sustaining, and have modern architectural designs, making them favourites among property investors.
Are you looking to live in a place in Belize that has a slower pace but quick access to a big city? This is the place to be! It is the country’s capital, financial and industrial hub, and it’s where you will find the main airport and the ship dock. There is a multitude of cultural attraction sites, hotels, trendy boutiques, and all other elements associated with a large city. The city has plenty of other amenities, such as medical facilities, shopping malls, schools, and recreational places. It is culturally diverse, and the people here are very friendly. Property here might be a little expensive compared to other parts of the country, but plenty exists. Get a local realtor to show you property around the city when you decide to invest here.
Cayo in San Ignacio
For those who like living close to nature, this is the place they need to look for property. Much of Cayo comprises lush forests, several rivers, and beautiful waterfalls. So, if you love hiking or horseback riding, a property investment here could be your best investment decision yet. The hallmark in place is affordability. The cost of living is among the lowest in the country. And if you want a sustainable lifestyle with little to no dependency on the grid, you can get it here in Cayo and its surrounding areas.
Just like in Ambergris Caye, you will have access to beautiful beaches and an amazing view of the ocean in Placencia. However, few people reside here, which means that housing options might be fewer. If you are looking for land to develop and settle in a quiet place with a gorgeous view of the ocean, a more laidback lifestyle, and an area with plenty of room for some peace and quiet, and for a relatively low overall cost, then you definitely need to consider this place. And if at some point you would like to enjoy the nightlife and other entertainment joints, you won’t be far away from areas with such.
Corozal District is located near the Mexican border and is the most ideal location for individuals with a fixed income. The reason being that you can easily cross the border for some shopping if you choose to and when you want to stretch your financial resources. There is a sizeable ex-pat community living here, and housing is very affordable. So, if you are looking to settle in an area where you will be able to live cheaply and comfortably while still maintaining close proximity to crucial amenities in larger towns, this is the place to be.
For those looking for an authentic laidback lifestyle with a slower pace, peace, and quiet, this is definitely where you need to be. The motto of Caye Caulker is ‘go slow,’ and indeed, it is a place that lives up to its slogan. The views are stunning, the cost of living is very affordable, and with few people living here, the atmosphere is just peaceful. Even though the basic amenities aren’t at par with those in Ambergris Caye or Belize City, it doesn’t take away anything from it. After all, Belize City and Ambergris Caye are only 45 minutes and 20 minutes boat ride away, respectively.
Top tips on getting a house in any of these locations
- Always be very keen! Whenever you come across anything that looks too good to be true, it probably is, so you should be very careful.
- Look at different properties! Don’t just settle for the first house you find. And also, be sure to check in as many locations as you possibly can.
- Talk to locals in your chosen neighbourhood to find out more about the area before you even pay for your property
- Hire an experienced realtor and attorney to guide you through the entire process.
- Don’t rush the process! Take your time to gather as much information as you possibly can about the property and the location.
- Due diligence checks are a must, including property inspection, to understand the property’s condition and ensure that the property doesn’t have any legal dispute attached to it.
- Before you sign any contract, check keenly. In fact, have your attorney peruse page by page, word-for-word, to ensure that nothing fishy is hidden there.
Buying property in Belize will never be a mistake! It’s not only a solid investment, but also a dream destination for many people looking for a laidback life away from home. The fact that there are no restrictions on property investment, even for foreign buyers, makes this country a true top destination for property investments. Get a realtor and commence your investment journey. We wish you the best of luck!