You’ll also find sunshine, moving palms, white-sand beaches, world-class snorkeling, diving, and other amenities. All this attracts people from all over the globe. Ambergris Caye (pronounced “key”) is a 26-mile-long, narrow island off the coast of Belize. I have negotiated a deal for studio apartments with an established developer I have known for many years. The price starts at US$110k.
This is your chance to purchase an exclusive community off the beach, just five minutes from a Caribbean white-sand beach. It is close to bars and restaurants and in the middle of a bustling tourist area. Yes, off-beach was what I meant, but it’s not what Ambergris Caye is commonly associated with…However, condos on the beach are difficult to find in today’s market. They start at US$200,000, and off-beach condos can be located for as low as US$100,000.
They don’t have the same amenities or location as the studios we are looking at…Our US$110k studios require a low capital investment Ambergris Caye Real Estate. This makes it affordable for investors, retirees, and everyone in between. This development is not only notable for its proximity to San Pedro (the only town on Ambergris Caye) but also because of the…
It also offers a variety of on-site amenities, such as a gym, tennis courts, and a rooftop deck. There is also a large pool with a swim-up bar, the largest on the island. It includes everything you need to keep your clients returning time and again. Renting the studio will generate more cash than the mortgage payments. This gives you net profits that exceed any appreciation.
This is a bigger deal than the typical bargain deal. This developer has partnered up with Best Western. Best Western is the seventh-largest hotel chain in the United States. They will bring their experience, spending power, and name to this project. They’ll also manage the rental process, giving you a solid ROI of 7% to 12%.
Financing is also available. Belize is a mature and booming tourist market, so investors aren’t gambling on unproven ideas. The World Travel Awards named Belize the top destination in Central America for two consecutive years. In 2019, Belize hosted a record half-million overnight tourists, continuing a long-standing upward trend.
These studio rentals are ideal for tourists, snowbirds, and ex-pats. Tourists who don’t want to spend US$200 per night to stay at a hotel can easily rent your unit. Belize is known for its tourist potential. It has a friendly QRP residency program and a laid-back population. Expat retirees also flock to Belize from all over the globe.
This deal is worth your consideration, whether you are looking for a Caribbean vacation that’s affordable or a cash-flow investment that’s constantly increasing in value. These studios will be sold pre-construction. The earlier phase of this project is already sold. A US$2,500 refundable deposit can be used to secure your unit. Before you reserve, the developer will walk you through the development and show you the amenities.
These low-capital rental investments are decreasing in number. This opportunity is worth your consideration. Only two units of the US$109.900 are left. This studio is 349 square feet and has a large balcony measuring 68 square feet. This design makes the most of every square inch of space and provides a king-sized bedroom, bathroom, kitchenette, washer/dryer, and an outdoor balcony to enjoy the sun of tropical Belize.