If you’re considering moving to Ambergris Caye, you’re not alone. This small island off the coast of Belize has been gaining popularity in recent years as a top destination for retirees and ex-pats. And it’s not hard to see why. Ambergris Caye offers a laid-back lifestyle, beautiful beaches, and a wide variety of real estate options to choose from.
Whether you’re looking for a beachfront condo, a luxurious villa, or a more affordable option off the water, Ambergris Caye has something for everyone. In this guide, we’ll give you an overview of the real estate market on Ambergris Caye and what you can expect to find in terms of prices, property types, and amenities. Here we will tell you about Ambergris Caye Real Estate.
About Ambergris Caye Real Estate
The real estate market on Ambergris Caye contains two main areas: San Pedro Town and the rest of the island. San Pedro Town is the island’s largest town and the main hub of activity. It’s home to various shops, restaurants, businesses, and the only airport on the island. Most tourists stay in San Pedro Town, meaning that prices for vacation rentals and hotels are generally higher here than in other parts of the island.
If you’re looking for a more laid-back atmosphere, there are plenty of options outside San Pedro Town. The North Ambergris Caye area is popular with retirees and ex-pats. In contrast, the South Ambergris Caye area is known for its fishing villages and quieter lifestyle. Prices for vacation rentals and hotels are generally lower in these areas, making them a more affordable option for long-term stays.
The Benefits of Owning Ambergris Caye Real Estate
When people think about investing in Ambergris Caye real estate, they often think about the profit-making potential. But there are other benefits to owning this real estate as well.
This real estate has appreciated at a rate of 5-10% per year over the past few years. This appreciation is expected to continue as Ambergris Caye becomes increasingly popular with tourists and retirees.
Rental Income.
Ambergris Caye is a popular vacation destination, meaning there is a high demand for vacation rentals. If you own Ambergris Caye real estate, you can generate significant rental income.
Tax Benefits.
This real estate is exempt from capital gains taxes. Any profit you make from selling your Ambergris Caye property will not be subject to taxes.
Lifestyle
Ambergris Caye is a beautiful and relaxed place to live. You can enjoy the island lifestyle without having to worry about the hassles and stresses of city life.
Conclusion
The real estate market on Ambergris Caye is booming due to the island’s increasing popularity as a tourist destination. The island has various properties, ranging from small beachfront bungalows to large luxury homes. Prices for real estate on Ambergris Caye vary depending on the size and location of the property but are generally quite expensive.
Ambergris Caye is a beautiful and popular destination, and purchasing real estate on the island can be a great investment. If you’re considering purchasing property on Ambergris Caye, be sure to research and consult a qualified real estate agent to find the perfect property for you. You can also learn about the benefits of the property in this area from the above post.
