Feb. 11, 2019 / PRZen
/ PLACENCIA, Belize -- The international real estate market flits around like a curious butterfly, landing in one place until prices start to rise and once-affordable properties are beyond reach for many retirees. Fortunately, Belize has just begun to see its star rise amid Caribbean nations, so timing couldn't be better for buying a beachfront home in Belize.
"We watched the market as Costa Rica, Mexico and Panama rose and declined and saw how once-thriving markets became too expensive for ordinary people," noted Richard Villaneuva, Engel and Volkers Real Estate Advisor
. "Unlike other firms, we serve an international base, so when we came to Belize, we used our expertise to make sure we didn't follow in the footsteps of nations whose markets grew so expansive, only the rich could afford to buy property."
Belize's newfound place on the international real estate
scene is no accident. Major airlines used a meteoric increase in traffic as reasons to add regular flights and home values have remained strong yet affordable for those on retirement budgets.
Word of Belize's Qualified Retirement Program
(QRP) has spread fast, carried by people who can't believe that the Belize government gives people living on budgets a lifestyle that's closer to that of the rich and famous.
"The Qualified Retirement Program has no equal," Villaneuva explains. "People as young as 45 can move to Belize and enjoy retirement living while meeting very few requirements. They need only prove that they have a reliable income from retirement benefits or savings. In return, couples purchase homes on Belize's coastline, bring personal possessions like cars and boats to their new home that are duty exempt, and tax breaks tend to leave retirees speechless."
"Typical property available to retirees is prime beachfront in Placencia where a 100-foot, coastal parcel of land within walking distance to a marina, restaurants and other amenities offer retirees the perfect balance of solitude and proximity to town (https://belize.evfinehomes.com/en/listing/cms/exquisite-beachfront-parcel-casita/
). Ready for commercial or residential use, a 1-bedroom, concrete casita on the property is ready for immediate move-in and this 0.76-acre parcel is a wonderland of fruit trees, vegetation, flowers and the biggest prize of all: that private beachfront."
"When I suggest that retirees interested in prime oceanfront property think about renting rooms via AIRBNB when they're not in residence to make extra cash, I can see their eyes light up," says Villaneuva. "With each benefit, excitement builds as potential buyers realize that what they thought was impossible is doable. I get lots of bottles of champagne from grateful clients."
"Helping northerners realize their dreams of retirement—-and in some cases, finding property so desirable, they start businesses here—-is more than a job to me," says Villaneuva. "I feel like a lifestyle counselor, showing newcomers that their biggest concerns about retiring to Belize are baseless. I tell them that they can return home to see family and friends often because flights are affordable and frequent. I don't have to work very hard to convince them."
For more information about Belize
, Engel and Volkers property listings
, Belize's QRP advantages or this particular Placencia beachfront property, contact Richard Villaneuva via email
or at 1-800-808-8577 (toll free).
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