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| Ambergris Caye as an Investment Choice? | |||
| We are often asked what we think of Belize as an investment choice, and specifically how Ambergris Caye compares to some of the other areas that Belize has to offer. The short answer is that we believe purchasing real estate on Ambergris Caye can be an excellent investment decision, assuming you apply common sense and aren’t looking to flip properties or do some other sort of short-term speculative plan. The Belize Tourism Board (BTB) has recently released figures on Overnight Tourist Visits to Belize, from 2007 through June 2016 and the year-over-year increases are very impressive, especially in the last few years. According to the BTB, “For the first time in history, overnight arrivals exceeded 30,000 guests in the month of June (2016.) In fact, overnight arrivals in June 2016 were 34,268 people, which represents an increase of 17.4% over June 2015. Furthermore, from January to June 2016, there has been an overall increase of 16.5% arrivals over the same time period last year.” Additional data indicates that Ambergris Caye comprises the largest overnight destination by far; approximately 45% of the total, and has for many years. By comparison, Caye Caulker averages around 25% of the total and Placencia only 15%. We also notice that the visitors to Ambergris Caye show much more stable trends than do those to other destinations, whose history appears more volatile. See charts below for more information, and please do not hesitate to contact us with any questions. In short, given the steady increase in tourism, the stability of Ambergris Caye as the leading destination in Belize, the investment by the Government in Belize on Ambergris Caye (paved road north, new soccer stadium, etc.) and the investment by major airlines offering new routes into Belize (Southwest, Copa, WestJet), we believe that an investment in real estate on Ambergris Caye is an excellent choice for many people.
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| Did You Know? | Featured Listing: Condo | ||
| · WestJet has just announced that they will begin offering direct flights from Toronto to Belize City, effective October 26, 2016. That’s great news for our Canadian friends, as you’ll no longer need to clear U.S. Customs before arriving in Belize. And prices aren’t bad, either – we saw one-way fares in November for as low as $221 CAD. · Southwest Airlines is also increasing its direct flights to Belize City. You can currently catch a direct flight from Houston Hobby airport, but beginning in March 2017, they will add direct flights from Denver. · Busy season will soon be upon us, and if you are planning a trip down from U.S. Thanksgiving or later, we recommend you make your flight, cart, hotel and even restaurant reservations very soon. They fill up quite quickly and it can be quite difficult to find last-minute availability. And don’t forget that we can help you get discounts on Tropic Air flights and golf cart rentals, so feel free to contact us. | This 3 BR/ 3 BA beachfront condo has just come on the market and is being offered fully furnished and equipped at $549,000. It is located at Pelican Reef Resort, one of the premiere resorts on the island, approximately 3 miles south of San Pedro Town. Pelican Reef is a highly desirable, full-service resort featuring a white sand beach, pier with palapa, swim-up pool bar, restaurant, tour desk, and much more. Unit 12 is a two story unit on the 3rd and 4th floors of a beachfront building that provides amazing views of the Barrier Reef and Caribbean Sea. The main floor of the unit (3rd floor) offers an open floor plan with living/dining/kitchen and a verandah overlooking the beach. There are also 2 BRs with attached baths, as well as W/D on this level. Upstairs (4th floor), there is a large master suite with sitting area that provides amazing views of the sea, plus jetted tub, granite shower, and walk-in closet. If you are looking for a very reasonably priced unit in a prime resort location and a consistently profitable, well-managed rental program, this is an excellent investment. Please click here for more information on this condominium. Click here for all of our available condos. | ||
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| Featured Listing: Private Home | Featured Listing: Beachfront Land | ||
| **JUST REDUCED** Casa Tulipan, located 2.5 miles south of San Pedro Town and just off the paved road, has just been reduced to an asking price of $164,900 and comes fully furnished and move-in ready. The charming home is currently being operated as a vacation rental, the revenue from which easily covers all costs of ownership and maintenance. The home is located in the Holiday Lands area, a highly desirable neighborhood featuring city water, electricity, cable TV, high speed internet access, telephone, garbage pickup, and the courtesy patrol service for security and peace of mind. Beach access, shopping, restaurants, dive shop, and beach bars are all within walking distance. The house has an open floor plan, with a large kitchen/dining/living area, along with a bathroom, laundry/storage area and a separate bedroom. The lot has plenty of room and would allow for easy expansion of a 2nd bedroom/bath and back deck. Click here for more information on Casa Tulipan. Click here to see all of our available homes for sale. | This featured vacant beachfront lot is located in the Basil Jones area, approximately 14 miles north of San Pedro Town, where the reef comes very close to shore. Basil Jones offers stunning, crystal clear turquoise waters and is one of the most peaceful areas on the island. It is also one of the only areas where you can hear the waves crashing over the reef from shore. This huge lot (approximately 1.3 acres) has over 145 ft of beachfront and is approximately 400 feet deep, all on high ground. Covered in lush tropical vegetation, it really is a special idyllic property and is offered at $320,000. It would make an excellent secluded off-the-grid eco boutique resort or a peaceful setting for a large private home. There is no electricity to the area, but solar, wind, rain catchment, and generator hook-ups could be established. Phone service and internet access are already currently available. The north road does not reach this part of the island, but many people access it by driving along the beach. Of course, the preferred mode of transportation for residents is via boat. Please click here for more information. Click here to see all of our available vacant lots for sale. | ||
| Visit www.ambergrisrealestate.com for information about us or to see all MLS listings in Belize. | |||
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