|
Below, you'll find extensive information
on leading Belize vacation articles and products to
help you find and plan your perfect vacation.
Why is a Belize vacation the "next big thing" in Caribbean real estate?
By Claudia Gonella
A Belize vacation
is quintessentially Caribbean. The , the palm trees sway on the gentle breeze and the aquamarine water is so clear that you can see the coral below. Belize, known in travel circles as "Mother Nature's Best Kept Secret", is truly a naturalist's paradise. This tiny country squeezes a tremendous diversity between its borders - not only is a Belize
vacation the diving and of the western hemisphere but it also boasts incredible old growth rain forests, rushing rivers, majestic mountains, intricate cave systems and ancient Mayan pyramids. To top it off it is the only English speaking democratic country in Central America, has a benefit-laden retirement program as well as a broad array of tax incentives
for property investors.
Timing is everything ... and now is an intelligent time to choose Belize
vacation real estate.
Right now a Belize vacation is an increasingly popular destination for tourists, and this trend bodes well for investors who acquire a foothold now. Belize
vacation is the only Central American country to enjoy consistent increases in tourist arrivals since 1998 including over the post 9/11 period. Cruise visits to the country increased by over 50% between 2003 and 2004. Some commentators are predicting that this tiny tropical paradise is destined to be the next Cancun or Costa Maya. Real estate dollars tend to follow leisure and tourism dollars and with tourism growth rates surpassing other counties in the region, the market for Belize vacation property is set to boom.
Belize vacation real estate has flown under the radar for some time being a small country, the word is now getting out but its not too late to make your claim. The opportunities are proven as the early risks have been taken. Furthermore, with baby boomers turning 50 at a rate of three to four million a year, the demographics are set for growth.
Belize vacation and Baby Boomers
Time Magazine recently reported: "Many of the 76 million American boomers are more likely than their parents to consider retiring to a foreign land, because they have traveled more, have higher hopes for retirement, and tend to be more active and adventuresome." The Baby Boomers are looking beyond Florida and the southern states to countries such as Costa Rica, Mexico and Belize. stands out as offering a unique combination of affordable properties and world-class amenities
Cadillac Jack's Gaming Resort Offers Biggest Single Cash Giveaway in Deadwood History
Cadillac Jack's Gaming Resort announces an enterprising decision to offer up the single largest cash giveaway in Deadwood's renowned history of $100,000.00. (PRWeb Dec 5, 2008)
Read the full story at http://www.prweb.com/releases/2008/12/prweb1700394.htm ]]>
Cotton Club Gala Raises Funds for Local Children's Hospital
The 2nd Annual Cotton Club Gala was a huge success, raising invaluable funds for the Alberta Children's Hospital Foundation through the Children's Miracle Network, thanks to the support of the Calgary Marriott Hotel and RE/MAX. (PRWeb Dec 5, 2008)
Read the full story at http://www.prweb.com/releases/2008/12/prweb1701694.htm ]]>
not to mention one of the most attractive retiree benefits package in all of Central America.
What are real estate investors buying?
Although vacant property makes up a large proportion of real estate sales in , recent years have seen a growth in turnkey products for sale. This is particularly the case with condominium units in Ambergris Caye where an increase in construction and sales has been evident for 24 months and is accelerating. In general terms, the real estate on offer is evolving as end user investors become more sophisticated and expect a higher real estate standard. For example, we are seeing an increase in brand name offerings; franchise products in different locations; amenity
based products; products being marketed as ecologically sound ("eco-sell") and technology supported real estate ensuring full connectivity with the internet.
The buyers for turnkey product (as opposed to raw land parcels) in tend to be motivated by the potential for rental income; the attraction of a maintenance free lifestyle (particularly when it comes to condo units) and are drawn to the local cultural infrastructure. Belize also offers real estate investors the affordability factor when compared with turnkey homes and condos in North American, Canadian and European
settings as well as elsewhere in the Caribbean. The link with tourism is particularly strong for turnkey product in areas attracting most visitor numbers.
It takes little imagination to see where Belize vacation is heading.
With a stable political democracy, consistent increases in tourist arrivals since 1998, a currency pegged to the US dollar, miles and miles of sandy beaches and the largest barrier reef in the Western hemisphere, Belize vacation promises to be one of the strongest emerging markets in which to invest. The timing is right and Belize is beginning to attract real estate investors attracted by the potential for capital appreciation in the "New Caribbean".
There are no barriers to foreign investment and, as a member of the British Commonwealth, Belize has a legal system based on British law and is the only English speaking country in Central America. In addition, Belize has no capital gains or inheritance taxes and a growing private offshore banking sector. It takes little imagination to see where Belize is heading.
Claudia Gonella, is director of Coldwell Banker Belize Real Estate http://www.coldwellbankerbelize.com She works in both commercial and residential real estate across Central America and has co-authored a number of "Market Analysis Reports" for investors and property owners charting latest real estate trends. She co-authors a monthly "investor briefing" charting real estate trends in the property market in Belize.
|
|
We strive to provide only quality articles, so
if there is a specific topic related to vacation
that you would like us to cover, please contact
us at any time.
You can contact us at
support@my-vacation-ideas.com.
And again, thank you to those contributing daily
to our Belize vacation website.
|