A short trip to the island of Ambergris Caye will reveal why so many travelers come back time after time on their vacations. Eventually, it might be a logical step to consider moving to the island itself. Unlike many tropical destinations, property on Ambergris Caye can actually be affordable. Whether you are looking for a condominium for retirement, a vacation condo to use for your family or a rental income opportunity, Ambergris Caye properties can fit into your budget.
Lower Overall Property Costs
The first and most obvious reason that Ambergris Caye property can even be a possibility is thanks to the overall low costs. Compared to tropical island real estate almost anywhere else on the planet, Ambergris Caye is inexpensive. This applies to new construction, short-term rentals and even the condominiums for sale at inviting communities like Grand Baymen. Even if you never dreamed that you could own a slice of beachfront property in paradise, it can actually be a realistic idea if you want to live on Ambergris Caye in Belize.
Affordable Cost of Living on the Island
Along with real estate on Ambergris Caye being more affordable than you might expect, the overall cost of living is also inexpensive. This means that using public transportation, dining at local restaurants and shopping for groceries could all be more affordable than wherever you currently call home.
Potential For Rental Income Over Time
Many investors from around the world are able to make their dream a reality by choosing to rent out their Ambergris Caye property when it is not in use. A furnished condominium, for example, can be the perfect place for you, your friends and your family to call home on frequent trips to Ambergris Caye. When you don't need the condo, however, you can easily rent it to one of the many tourists visiting Belize.
Opportunities for Resale in the Future
It is important to think about the future when investing in real estate anywhere. Thanks to the government investment in the infrastructure of Belize as well as the increasing numbers of tourists coming to Ambergris Caye, property prices will likely continue to rise over the coming years.
Even if you never thought that you could fit property on Ambergris Caye into your budget, it may be a reality. Click here to learn more about the various types of properties available on the island.