Full Service San Pedro Belize Real Estate
San Pedro Belize Real Estate
Belize has a wide range of real estate offerings to suit your lifestyle. Whether you are looking for a beachfront home or condo, an investment property or a second home, there is something to fit your needs. If you are thinking of buying property in Belize, there are some important things to keep in mind.
The San Pedro Belize Real Estate country has English as its official language, and contracts are made in English. There are no capital gains or inheritance taxes, and property taxes are low. This makes Belize a great option for long-term investment.
There are many developments to choose from, including beach clubs, gyms, water sports centers, and restaurants. There are also villa homes, which can be rented out for extra income. A one-bedroom condo starts at $200 thousand and a two-bedroom villa can be found for as little as $400 thousand.
Full Service San Pedro Belize Real Estate
Waterfront properties are more expensive, ranging from $600 thousand for a single family home to $1 million for an ocean front condo. Land north of the reef meets the shore is very attractive, but it is expensive to develop. Therefore, if you are interested in buying land, you will need to hire an attorney to conduct a title search.
Real estate in San Pedro, Belize, is growing in popularity. It is becoming a popular place for those interested in a laid-back life. Because of its location on the Caribbean Sea, there are a variety of water activities to enjoy. Many residents get around the town by bike or golf cart.
San Pedro is known for its great nightlife. There are several bars, restaurants, and shops. Some of the most popular spots are the Sandbar, Carlo and Ernie’s Runway Bar, and Crazy Canuck’s Beach Bar. However, the town is also quiet and peaceful, making it a perfect place to settle down.
With a high volume of tourists visiting, there are also many new condominiums and beachfront homes being built. The Phoenix Belize, Costa Blu, and Grand Caribe Belize are all opening new condominiums. Another new development is Alaia, part of the Marriott Autograph Collection.
Buying property in Belize is a good option for foreigners, who can purchase a second home, a vacation house, or a condominium. The country has a high standard of living, which is a plus. Since there are no racial tensions, Belizeans are relaxed and have no problems with crime.
Belize has a long tradition of private property rights. Although the economy is primarily fishing, the tourism industry has spurred development. There is a large expat community, which includes entrepreneurs, families with school-aged children, and East Indian and Chinese business owners. Property values continue to rise steadily, and the inventory of available properties is shrinking.
If you are planning to buy property in Belize, it’s a good idea to contact an experienced agent who can help you find the perfect home or condominium. In addition, you can get the assistance of a real estate attorney to make sure everything is legal and in accordance with the law.