“Secondary Homes Driving 2023 Luxury Landscape,” With Destinations Like Belize

by Carolee Chanona

Secondary homes are predicted to be market drivers in the 2023 luxury landscape, and more opportunities in the English-speaking country of Belize are popping up in up-and-coming destinations, like Placencia’s Villas at Coco Plum. Data from Coldwell Banker’s Fall 2022 Trend Report backs this claim: 72% of wealthy buyers noted that their future home purchase would be a second residence, vacation home, or rental property. Gen-X and millennials are seeming to lead the way with their desire to own multiple homes, seeking out hybrid properties as part-time getaways and rentals. “Property location, home condition, and amenities are the highest priorities for the affluent when looking to purchase primary and secondary residences,” shares Coldwell Banker Global Luxury Property Specialists. Directly on the beach as move-in-ready inside a gated master-planned community, the Villas at Coco Plum in Belize is the perfect option for those looking to invest abroad. 

What Expat Living Could Look Like Inside The Coco Plum Community

Now in its second phase of construction, the Villas at CocoPlum hosts 13 completed units on the Placencia Peninsula at Mile 17 and a half, just South of Maya Beach in Southern Belize. Privacy is paramount with over 50% of the 224 acres as green space, owners are already living in the existing units which means you’re automatically gaining a primary expat community. Not to mention, the master-planned neighborhood shares boundaries and amenities with Naia Resort & Spa; that’s a floating spa, restaurants, yoga, and fitness studio right in the backyard of your 2-, 3- or 4-bedroom fully furnished villa. 

Coupled with 500 feet of private beachfront access and a private 200-foot pier, the 11-acre Villas at CocoPlum plans to offer a total finished 100 units across a slew of villas, pricing 2-, 3-, and 4-bedroom units starting at $660,000 USD to $1.4 million USD for a penthouse.

In the current phase, 4-bedroom and 3-bedroom units on the water’s edge are set to debut next among the 83 elements on their way.

Just one mile south of Maya Beach and 10 mins north of the Placencia airport, accessibility is also a major pull as one of the amenities at the Villas at Coco Plum. Nicknamed “the caye you can drive to,” the Placencia Peninsula boasts the Caribbean Sea on one side and the Placencia Lagoon on the other; a drive inland is only 40 minutes away to eco-adventures, including the world’s first jaguar preserve. Although, it’s not actually a caye—meaning island—which means access to amenities (and even healthcare) is also not a prolonged boat ride away. Either way, Belize is the perfect destination to break into hybrid properties as part-time getaways and rentals, with a destination like the Villas at Coco Plum

All images via The Villas at Coco Plum.

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