Tuesday, January 22, 2008

Why Belize is a solid investment bet

Hello and welcome to the Someplace Else blog.

Someplace Else has been selling in Belize since 2004 and our resorts and offplan developments have been hugely popular with clients, with the Belize Reserve easily being our most popular project to date. The purpose of this blog entry to remind Irish clients why we feel Belize still has enormous untapped investment potential.

Belize, formerly known as British Honduras, was the UK's last colony on the American mainland, gaining independence in 1981. Nestled between Mexico and Guatemala on the Caribbean coast, it is an adventurer's paradise and as far as Europeans are concerned, it is possibly Central America’s best-kept secret.

The coastline comprises many salt and freshwater lagoons, palm-fringed white sandy beaches and idyllic small islands, all surrounded and immersed in the crystal clear waters of the Caribbean. Rare and exotic species abound in Belize's fertile ecosystems; birds, mammals, fish - they all thrive in this pristine environment. And they will continue to thrive, as almost 42% of Belize's land is under protected status. Among some of these guarded treasures is the world’s only jaguar reserve (Cockscomb Basin Wildlife Sanctuary), the Hol Chan Marine Reserve, the Community Baboon Sanctuary and dozens of ancient Maya sites.

The sub-tropical climate in Belize is like a doctor's prescription: lots of sunshine and fresh air - no smog and no stress. The average annual temperature is 26° C. It is a democratic, stable, English speaking country, with a small population of 291,800, a booming tourist industry, good standard of heath care and a legal system based on British common law. Foreign tourism is booming (25% increase in just four years) and Belize is receiving huge interest from both foreign and local investors, with the real estate market rocketing over the past 12 to 18 months and annual capital appreciation upwards of 20% per year.

If you'd like to learn more about Belize, please feel free to email me or visit our website.

Kind Regards

Colin Murphy
Director
Someplace Else Ireland Ltd

No comments: