Posted: Tuesday, January 19, 2021. 11:02 am CST.
Paid contribution: Belize has a plethora of islands off of its shore that are small and can give you the ultimate privacy you need. Many of these islands (or cayes as they are locally known in Belize) are available as investment opportunities so that you can build the home of your dreams or even a resort on your real estate. Continue reading below for why you should consider buying an island in Belize.
Why Buy an Island?
Belize is one of the most popular locations in Central America and the Caribbean for individuals and families to visit and vacation. It is a tropical paradise along the turquoise Caribbean Sea, and your personal island can give you private access to beaches and the Belize Barrier Reef, the second largest in the world. In addition, prices on an island purchase are relatively low when compared the region.
Prices of Belize Islands
Though prices are low, the end price does depend on location and size. You can expect to pay around $500,000 for an island that is less than an acre large. For island resorts that are for sale, you can pay upwards of $10 million.
What if You are not from Belize?
You can buy an island in Belize even if you are not a local or native to the country. You do not even have to purchase some type of license before your purchase. All you literally need is the title of your property in order to be a proud owner!
Best Places to Buy an Island in Belize
Placencia, Belize is a beach destination that has many islands off of its shore. There are many ways to access these islands from Placencia, including by helicopter or by boat. There are also many opportunities throughout the country though for you to find the perfect piece of land for your needs.
How to Buy an Island
Once you find an island that will meet your needs, you have to make an offer to the seller. A purchase agreement is made just like any other piece of real estate where the price is determined. Make sure you complete your title and all documentation and pay your deposit to begin your ownership!
If you purchase an island in Belize, you have a great investment opportunity for a resort or for a vacation home or fishing spot. Be sure to contact Boris Mannsfeld & Associates to help you find the perfect piece of property. The agents have the experience you need to help you feel confident in your purchase.
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