There are many reasons why buying an island in Belize is a worthwhile investment. The country is renowned for its natural beauty, with its pristine beaches, lush rainforests and clear turquoise waters. It is also a relatively safe and stable country, making it an appealing destination for those looking for a second home or investment property. However, before investing your money on any island, you must have an expert view of how to navigate the market. Here are the top considerations when buying an Island in Belize:
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The Market Price of the Island
One of the main considerations for anyone thinking of buying an island in Belize is the cost. The islands in Belize can vary greatly in price, depending on their size, location and amenities. It is important to work with a reputable real estate agent to get an accurate idea of what an island is worth. One of the best real estate agents you should work with in Belize is Vista Real Estate. The agency deals with commercial, private islands and land, with an ever-expanding portfolio if you are looking to invest in Belize.
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The Purpose of the Island
Another important factor to consider is what you want to do with the island. Are you looking for a place to build a vacation home? Or are you interested in developing the island into a resort? There are a number of factors to consider when making this decision, including the island’s infrastructure and zoning regulations. If you are serious about buying an island in Belize, it is important to do your homework and research the country thoroughly. Working with Vista Real Estate will be a good start. They can help you navigate the different options and find the perfect island for your needs.
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Living in Belize
If you are going to invest in Belize, then you ought to have an idea of what living in this country looks like. Belize is close to the US and it’s a small country with less than half-a-million people and a huge coastline. It’s a great destination for divers and snorkelers since the residents have prioritized preserving the environment. Thankfully, Belize is an English-speaking nation, with all legal documents being in English. The country also experiences great political stability, meaning you won’t experience wild fluctuations in the currency.
So, Is It Worth Investing in Belize?
Yes, buying an island in Belize for investment is a good idea. Belize real estate can be a good investment for those looking to diversify their portfolio, generate rental income, or enjoy a vacation home in a beautiful country. For starters, Belize has made it easy for foreigners to buy property there. There are no restrictions on foreigners buying property. Note that there is a 5% transfer or stamp tax for property purchases. However, this is over-shadowed by the low property taxes. Belize offers viable alternatives to the US since it has so many investment advantages and a lower cost of living.
Invest in a Beautiful Island of Your Dream
Buying an island in Belize will be one of the best investment choices you’ll ever make. Vista Real Estate offers you the best island deals in the country. If you’re looking to buy an island, the Funk Caye should be your goal right now! The 2.89 Acre island is located near Gladden Spit.
Funk Caye is home to some of the quality private islands for developments in the region. Filled with tropical fish and lobster, the water here surrounds the 2.89-acre private island, offering perfect snorkeling spots on the western shoreline. You’ll find great scuba sites on the eastern side. You can access the reef on the north side via a beach and here, there is a natural white sand swimming pool. The area also attracts tons of fly fishing aficionados.
The Funk Caye island is ideal for construction, with about 5,000 cubic yards of sand and a 35-ft area at the center for a helipad. Already, there are numerous palms, fruit trees and beautiful gardens planted to aesthetically match the future building sites.
So, if you’re interested in investing in this island, get in touch with Vista Real Estate for the best deal!
All Images Courtesy Vista Real Estate
