Prior to the pandemic, Belize was gaining popularity not only as a vacation spot but also as a potential retirement destination or second home for Americans. When Covid hit, the Belizean economy was impacted. Tourism, in particular, was affected.
As the pandemic fades, the worst seems to be over. Belize has weathered the storm and is now reopened for visitors who are once again flocking to this tropical paradise. In addition to tourists, those seeking to relocate to a warm location are also once again showing an interest in Belize.
There are many reasons Belize is so popular.
One of the main ones is that the locals are so genuinely warm and friendly. There are also many things to do and see in Belize. You can try adventures such as a zip line tour of the rainforest canopy or deep-sea fishing.
Best of all, since English is the official language, you will find it easy to get around. You can navigate the streets, read menus and chat with locals.
You’ll also be able to read contracts if you decide you’d like to buy real estate here and you’ll be able to manage the applications for residency without an interpreter.
Prior to the pandemic, Belizean real estate was a great investment. There are still potential gains to be made in the commercial real estate market, but you will have to be more careful in vetting prospective properties.
If you are thinking of moving to Belize, you are probably hoping that now is a great time to find a good bargain on a residential property.
While this is true in some parts of the country, you will find if you hanker to live on Ambergris Caye, you will not find any bargains. Prices at other popular destinations such as San Ignacio, Placencia and Caye Caulker may also be tricky.
To help you navigate the post-pandemic real estate climate, it makes sense to work with experts who have decades of experience in the local area. Therefore it makes sense to give Hesed Realty a call.
We can help you find the best place that will suit your needs and that will meet your goals. To facilitate this process, ask yourself what your highest priority is when buying real estate. Is your main goal to maximize potential profit? Or, is your main goal to find a place you’ll enjoy living in, with capital gains an incidental benefit?
Once you clarify your goals, you can work with the experts at Hesed Reality to turn your dreams into a reality.