As Commercial Real Estate Brokers we also deal with a lot of professional investors. The common thread of most of these conversations deals with "why are properties so expensive in Belize?"
The most important answer to this question is; "Belize property owners, as a general rule, are not leveraged like commercial owners in the US". Most of the commercial properties in Belize are owned by individuals. These individuals built their businesses through sweat equity, not large bank loans. Yes, we have very large resorts (on a Belize scale) that are in trouble with the banks, but as a general rule they are the exception.
When a developer leverages a property with large bank loans, counting on the income to pay the note, and a recession hits like in recent history; it is understandable what has happened to properties in the US. With the bank looming overhead they will sell for whatever they can in order to get out from under the bank, sometimes losing hundreds of thousands of dollars in the process.
The resorts that Belize Shores Realty has on their website, www.belizeshoresrealty.com are all valued based on profitability and land value. Yes you can buy cheaper properties in the US right now, but look what has happened to those investments in the past. Belize property values have been on a yearly climb for the past 20+ years, and will continue to do so. The traveling public has just discovered the lure of this virtually undiscovered Central American paradise and will continue to do so for years to come.
If you want a true adventure, or just relax in a hammock, the people of Belize welcome you with open arms, and even open doors for dinner!
Article Source: http://www.articlesbase.com/exotic-locations-articles/investor-comments-and-belize-answers-3753009.html
About the AuthorCommercial real estate broker for the entire country of Belize. Our company takes pride in specializing on only Commercial properties, properties that have income potential. We have been operating on site in Belize for almost 5 years and enjoyed every moment.
Contact us for your Belize Investment needs.