All lots are canal houses in the first gated community of Ambergris Caye. It comes with some of the best investment returns you’ll find on the market and especially in the Caribbean. You won’t find many of these kinds of opportunities.
Your dollar is also pegged to the U.S. dollar, so you don’t have to worry about wild swings simply because this country is still developing. If you’re looking for a place to invest where you don’t have to learn a new language to communicate, Belize should be your first choice. Sign up for email newsletters in Belize and be the first to learn about off-market offers, open houses, exclusive events, research and market reports, and more.
Not only in the United States, but around the world, the baby boom generation is fast approaching retirement. This generation in the United States controls most of the wealth in the country and accounts for 40% of total consumer demand. According to some estimates, they will also inherit $7.6 trillion in their lifetime. As they begin to reduce their work lives, many will travel more with their families and many will seek a second and third home. Others, who may not be doing so well, will also look for places where their dollars stretch to accommodate their longer life expectancy. The tourist market is still considered “emerging” in Belize by travel and tourism companies.
Ambergris Caye has often been named the world’s premier island destination. Ambergris Caye is fast becoming one of the world’s most sought-after destinations for retirement, investment and vacation. Belize is one of the few countries in the world that is a tax “safe haven”, and even offers tax-free living to qualified retirees from any country in the world. There are no capital gains taxes and property taxes range from 1% to 1.5%. Closing fees are usually about 1% and transfer taxes are usually about 8%, but if you’re a Belizean citizen, you can omit some of that. Long considered a smart asset protection and tax relief strategy, investing in Belize Real Estate is a viable solution to long-term tax and portfolio planning goals.
Mahogany Bay Village is located on Ambergris Caye, home to most expats in Belize and just a mile south of San Pedro Town, the most famous tourist destination in all of Belize. With luxurious design, vibrant local culture and the unforgettable beauty and comfort of Ambergris Caye, Mahogany Bay is an extraordinary combination of art and functionality. As the only gated and planned community in Belize, the development honors Caribbean charm and flair, while featuring an integrated canal system. The stylish accommodations at Mahogany Bay feature unparalleled design and a spectacular range of amenities, just a 10-minute drive from San Pedro Airport.
I recently went on an exploration trip to see the area and site of the resort. But I managed to stretch the review in four days, while enjoying the local waterfront restaurants, beaches, and great reef dives. The name of the project is Grand Baymen Oceanside… A luxury oceanfront resort, condo hotel and conference Belize Real Estate center, with net sales forecasts of US$3.86 million per year. The project is now open for presale and currently the offer is exclusive to Live and Invest Overseas, publisher of Overseas Property Alert. As a reader of Overseas Property Alert, you will see this before it is released to general readers.
Tourism rates in Belize have already increased compared to the previous year in a month-to-month comparison. There are more visitors in general, both through the airport and cruise ships. Some of this can be attributed to the heavy investments that the Belize government and the private sector have made in infrastructure development projects in the region. I am a California real estate agent with over 40 years of experience selling, financing real estate and over 50 years in owning income producing real estate. In Belize I currently own a commercial building with 4 units and a villa that we use as a holiday home.