Real Estate in Belize has been gaining popularity recently, especially in Secret Beach. Located on the island of Ambergris Caye, Secret Beach is a secluded and tranquil area with crystal-clear waters and stunning white sand beaches. This article will discuss everything you need to know about real estate Belize secret beach.
Location And Accessibility
Secret Beach is on the western side of Ambergris Caye, the largest island in Belize. The area is accessible by boat or golf cart, which is the primary mode of transportation on the island. It takes around 30 minutes from San Pedro Town to reach Secret Beach by golf cart. Although it is far from the town, Secret Beach has amenities like restaurants, bars, and shops.
Climate
Belize enjoys a tropical climate with warm temperatures year-round. The average temperature ranges from 75°F to 85°F (24°C to 29°C). The rainy season starts from June to November, but even during this time, the weather is pleasant, and rainfall is mainly short, heavy showers.
Real Estate Market
The Real Estate market in Belize is still relatively affordable compared to other Caribbean destinations. However, the prices in Secret Beach have been increasing due to its high demand. Remax Belize offers a variety of properties like beachfront homes, villas, and condos. The cost of properties in Secret Beach starts from $300,000 and can go up to $2 million.
Property Ownership
The Belizean government allows foreigners to own property without restrictions. Buying a property is straightforward and requires a local attorney to conduct the transaction. The title transfer fee is approximately 5% of the purchase price.
Investment Opportunities
Secret Beach is an ideal location for real estate investment due to its high rental demand. The area attracts tourists from all over the world who are looking for a peaceful and serene vacation. Rental properties in Secret Beach can generate a significant return on investment, with rental yields ranging from 7% to 10%.
Lifestyle And Activities
Secret Beach is a haven for water sports enthusiasts. The crystal-clear waters are perfect for swimming, snorkeling, and scuba diving. The area is also known for its stunning sunsets, making it a perfect spot for a romantic evening stroll. Many bars and restaurants in the area serve local delicacies and international cuisines. The town of San Pedro also offers a variety of activities like fishing, zip-lining, and cave tubing.
Infrastructure And Development
The Belizean government invests heavily in infrastructure development on Ambergris Caye, including the Secret Beach area. The government has constructed a new road that connects Secret Beach to San Pedro, making transportation more accessible. Additionally, there are plans to develop a new airport in San Pedro, increasing the island’s connectivity.
Safety And Security
Belize is a safe country with a low crime rate, and Secret Beach is no exception. The area has a small population and is mostly frequented by tourists. However, taking precautions like locking doors and windows and keeping valuable items in a safe is always advisable.
Conclusion
Belize Secret Beach is ideal for real estate investment, offering stunning natural beauty, a tropical climate, and a peaceful lifestyle. The area’s increasing popularity and high rental demand makes it an attractive option for those looking for a sound investment opportunity. With the Belizean government’s focus on infrastructure development and the island’s growing tourism industry, the Real Estate market in Secret Beach is poised for continued growth in the coming years.