Real estate property hotspots
Ambergris Caye
Ambergris Caye
Ambergris Caye is the most popular destination in Belize. Tourists come for the classic Caribbean experience: soft white sand, swaying palm trees and aquamarine water so clear that you can see the coral below. The great barrier reef runs the entire length of the caye making for spectacular, easily accessible diving and snorkeling. And, when on-shore, visitors can choose from an ever widening choice of cafés, restaurants and boutique shops.
Recent years have seen tremendous growth in the number of real estate developments and hospitality projects on the island. Every year the zone of development spreads further north and south from San Pedro, the main town on the island with around 7,000 inhabitants. The streets downtown have recently been paved and many of the existing buildings are being re-modeled. Some residents miss the old sandy streets but the paved streets are definitely more comfortable on a golf cart – the main mode of travel on the island.
Getting to Ambergris Caye, Belize
The island is 35 miles north east of Belize City and can be reached either by a 20 minute flight to San Pedro (domestic carriers Maya and Tropic Air offer many flights daily) or a 1.5 hour boar ride.
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Overview of the Area
Real estate market information
Data relates to the period July to September 2009
Recent reviews
Learn from other investors
22.12.2008,
Samantha Gibson
I was on Ambergris Caye in September 2008 and noticed some work being done to the Tropic air side of the airstrip. Great to see this improvement being done. Ive uploaded a photo that I took.
I bought in Ambergris Caye in 2007 and am pleased with the income I am receiving from renting out the property. Infrastructure improvements such as this can only help.
Reviewer has visited the hotspot: Yes
Reviewer has invested in the hotspot: Yes
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Ambergris Caye, Bocas del Toro, Boquete, Central Pacific Nicaragua, Coco, Hermosa and Papagayo, Coronado & San Carlos, Corozal, Flamingo, Granada, Jaco, Panama City, Placencia, San Juan del Sur, Tamarindo, Tola Riviera & Popoyo,In the news
International real estate
December 2008 – Road paves the way for progress on Belize peninsula
Work is progressing on several projects on the Belize peninsula of Placencia, long-touted as one of the Caribbean’s next hot spots. After years of delays, the government is finally paving the lone road that runs the length of the peninsula, home to one of the few stretches of white sandy beaches on the Belize mainland. Source: Kevin Brass, International Herald Tribune, Properties Blog
November 2008 – Panama Sept economic activity up 8.24 pct yr/y
Panama's economic activity increased by 8.24 percent in September compared with the same month a year earlier, the government said on Monday. Source: Reuters
November 2008 – Is Latin America really a property hotspot?
If ever there was a time to invest in an exotic home in Latin America, this is it - or so the sales pitch would have it. The region is being touted as the one most likely to emerge unscathed from the current economic turbulence, with luxury new developments aimed at foreign buyers in the most unlikely locations under the sun. Source: Susan Emmett, The Times
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