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How to Select a Suitable Neighborhood When Purchasing a Belize Condo

Posted by Valeria Espinoza on Jun 29, 2012 6:34:12 PM
Valeria Espinoza

San Pedro is the only town on Ambergris Caye, the biggest island in Belize. With its clear turquoise sea, sandy streets and colorfully painted houses, the settlement looks picture perfect. Once a fishing village, today tourism is the main source of income here. Belize Condos are in high demand as vacation or retirement homes.

Away from the town center, most of the island forested. The forest houses a wide variety of birds and mammals. The sea promises many adventures for divers, sailors, snorkellers and fishermen, while the tropical flora and fauna is sure to delight nature lovers. If you love sun, sand, surf and nature, investing in island property is a great option. To make the most of your investment, you need to choose the right neighborhood. Here are a few tips to help you make the right choice.

Make a List of the Things You Want and Don’t Want in the Neighborhood

Many people dream of a beachfront property. If the price range of such properties is out of your budget, you need not worry as there are many other options. You can consider lagoon side condos. Such properties offer great views of sunset over calm water without the disturbance of tourist traffic.

You also need to consider factors like children, price and distance for the town center. If you have children or plan to have in future, a neighborhood that is close to a good school and has other kids is a good option. Additionally, you need to consider things you don’t want, for instance, traffic and late night noise. If you prefer the quiet, San Pedro Belize condos located away from the town center are a good option.

Compare Different Neighborhoods Against Your Requirements

Each area of the island is unique and you need to choose a neighborhood that best suits your requirements. The northern side is more touristy. The area is witnessing significant development and you are likely to find condos here easily. But the prices in the area are on the steeper side. Past Pelican Reef, the southern part of the island has a more homely feel. The cost of building or purchasing condos is also lower.

Select the Right Property in the Chosen Neighborhood

Once you have selected a neighborhood, the next step is choosing a suitable property. The budget plays an important role in the decision. Some individuals offer owner financing. If you are short on funds, you may consider this option. No matter what, you need to pick the best option among Belize condos that make you feel good and suit your lifestyle.

Topics: Real Estate in Belize

Valeria Espinoza

Written by Valeria Espinoza