Why This Might Be the

Belize Real Estate market

Ambergris Caye, Belize; image courtesy SANCAS RealtyBelize is home to some of the best-value luxury homes in the world, according to new report by SANCAS Realty, the exclusive Christie’s International Real Estate affiliate for Belize.

Royal Palm IslandGlobally, the average price for a luxury home is million, but in Belize that number is less than half. Steady growth in recent years as well as other economic and lifestyle advantages position the market as an emerging luxury hub, enticing consumers to enter the market while it is still a bargain.

“The mid-term potential of the Belize real estate market is absolutely phenomenal, ” according to Christopher Todd, vice president of global marketing, SANCAS Realty and lead author of the report. “The consensus opinions from our experts all paint a promising picture for those seeking to invest in Belize over the near-term.”

Un-Belize-able
SANCAS Realty’ report notes that besides having luxury homes far less expensive than average, Belize is an English-speaking country with a currency pegged to the United States dollar. Whether the dollar continues to soar in the international marketplace or suddenly went into free-fall, it would still be worth two Belize dollars.

Unlike some other countries in the Caribbean or Central America, Belize also has a very stable government and low property taxes, both of which further position it for a luxury real estate boom.

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Placencia Peninsula listing Placencia, Belize

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Source: www.luxurydaily.com
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