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Belize A Belter For The Tight Belter
November 20, 2009Article by Ray Withers
Belize property is the perfect choice for the risk-averse investor who wants to make the gains found in emerging markets. This is because Belize offers the growth potential of an emerging market, with the safety and stability usually found in an established market.
Belize has massive potential for tourism growth, which makes Belize property perfect for those investors who want to see some solid cash-flow from the rental of their investment property. Let’s face it that describes just about everyone, after the crunch knocked millions off the value of properties around the world.
Since the advent of the budget flight tourism in places like Belize has enjoyed phenomenal growth, as people make the most of the low cost airlines to try something out of the ordinary. But Belize, with its tropical rainforests, and one of the world’s largest coral reefs has enjoyed among the best growth of all. The fact that it is outside the hurricane zone, and the fact that English is very widely spoken in the country have also been beneficial in growing the tourism sector.
Last but by absolutely no means least is the fact that Belize has a world class healthcare system, which has also seen the country become one of the favourite destinations for medical tourism — the fastest growing sector of the travel and tourism industry worldwide.
Like Latin America’s other popular medical tourism hot-spots, Belize is most popular with American medical tourists. It just so happens that American’s are the most prolific flyers according to a recent poll, which gives Belize’s medical tourism sector massive scope for growth.
Another feather in the cap for Belize property in terms of investment potential in today’s risk-averse climate is the fact that English is the main language in the country, according to Ben Jeffries, a sourcing manager for international property investment consultancy Property Frontiers.
“Today’s property investor is no longer buying property based on someone else’s word for its investment potential; they are doing their own research. The fact that English is the main language makes researching a Belize property investment a lot easier than in countries with hardly any English use,” he said.
Property Frontiers are currently market an excellent new build property in Belize. Buyers can choose to buy 1/2 acre land plots as pure investments for £20k, or have a 1, 2 or 3 bedroom villa built at prices starting from £72,400.
The properties are in the Cayo District nature reserve, which is obviously protected against overdevelopment. Property like this does not come along often, especially at such low prices.