Belize Property: Great Holiday Home or Investment

An industry expert has stated that properties in Belize -- like several other Latin American countries -- continued to grow in value rapidly through the beginning of the credit-crunch, and are holding their value now as the credit-crunch continues to become more severe.

Hartlepool, United Kingdom, January 29, 2009 --(PR.com)-- Les Calvert, director of overseas property portal Property Abroad said:

"While Belize never really became massive news as an emerging market, its emergence, if largely silent was one of the quickest and most profitable of all overseas property markets. A luxury 2 bedroom apartment in Belize is now almost £200,000 to buy. We are advertising several 1 bedroom houses, none of them under £200,000 -- in fact one of them is over half a million pounds. But I certainly wouldn't advise anyone to wait and see if prices drop; they won't! And before you know it prices will begin rising rapidly again."

The luxury apartments Les referred to are in the Bella Maya Resort apartments. Bella Maya is 6 acres of beautifully landscaped beach and lagoon-front land; a luxury hideaway with over 400 feet of private Caribbean beachfront on the Placentia Peninsula. Belize is home to the world’s second largest barrier reef and a lush tropical rainforest. It also has a rich diversity of wildlife and a large concentration of Mayan ruins, all of which are making Belize increasingly popular with international tourists.

The apartments won the Home Overseas award of best Caribbean apartments in 2007. On top of that there is significant national & local investment in tourism; the international airport has been upgraded to receive flights from Europe & the main Placentia road is being re-built.

All in all Belize is a fantastic place to buy a property, whether you are buying a holiday home or an investment property. Holiday home buyers will love diving from a cliff astride a waterfall into a tropical ocean before snorkelling the reefs. While investors will enjoy the moderate rental yields made possible by Belize's rising tourism, while they wait for prices to begin their rapid growth anew.

About Property Abroad

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

Media enquiries should be directed to Liam Bailey of Write About Property on liamb@write-about-property.com

Property Abroad LTD
182 York Road
Hartlepool
TS26 9EA
www.property-abroad.com

Chief Marketing Analyst
Liam Bailey
liam@property-abroad.com

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Property Abroad LTD
Les Calvert
0845 2000 467
www.property-abroad.com
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