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Oceanfront Belize Condos Make Smart Choice for the Global Investors
The dwindling real estate market in the USA has encouraged smart investors to seek opportunities outside the country and Belize condo markets can be the good option for them. With wonderful sunny climate, lush nature, gorgeous beaches and historical sites, Belize is a tropical paradise in true sense. An affordable price makes the Belize condo market highly desirable among the savvy investors. For global real estate investors Belize condo market provides an ideal condition in which properties have just started appreciating in a steady rate. According to an estimate of Belize National Association of Realtors, real estate in Belize has appreciated by 55% over past five years.
As compared to other Caribbean countries, Belize condo prices are lower. From the aspect of asset value and appreciation, oceanfront Belize condos make the most profitable choice. The oceanfront units consistently held their values throughout the recession and Belize condos in such areas as Ambergris Caye, give you the complete value for your dollars.
In recent times a number of 5-star Luxury Beachfront condominiums came up in various parts of Belize. These are mostly low rise condos with two/three/four bedroom units. Many Belize condos offer duplex units and penthouses. The resort style Belize condo offers all kinds of resort amenities including spa, cabana, fitness center and many more. These high end Belize condos are typically priced between $250,000 and more. The prices of two bedroom units in the popular islands such as Ambergris Caye or Placencia can be anywhere between US$350,000 and US$385,000, and prices of three bedroom units are more than US$450,000.
These are certain things which you can expect from luxury and ocean front Belize condos: plush interior décor with terracotta flooring, handcrafted Belizean hardwoods furniture, exclusive rugs and original artwork by the Belizean artists.
At present, Belize condos make the most popular type of vacation rental among the foreign tourists and the reason is: each unit is self sufficient with a well appointed kitchen. From 4 burner stove, microwave, refrigerator to tiled countertops, splashes and cabinets, everything is available in the kitchen to make your stay comfortable and convenient. Most importantly round the clock security is guaranteed in these Belize condos.
The growing tourism has pushed up property prices in Belize. Given the rate of economic growth in the country, the future of oceanfront Belize condos look very promising. Low annual real estate tax and absence of capital gains tax, inheritance or estate taxes further add to the attraction of Belize condos
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