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You are at:Home»Real Estate»All About The Ambergris Caye Real Estate Market

All About The Ambergris Caye Real Estate Market

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By James William on December 3, 2022 Real Estate

Whether you’re looking for a house in Belize or just a place to spend your retirement, the Ambergris Caye real estate market is growing by the day. This article looks at the history of the place, the lifestyle options available, and the property prices. It will help you decide whether Belize is the right place for you.

Table of Contents

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  • History
  • Lifestyle Choices For Retired Expats
  • Property Prices Have Come A Long Way
  • Belize’s Most Sophisticated Lifestyle

History

Located in Belize, Ambergris Caye is a Caribbean island known for its turquoise seascapes, beaches, and fishing. It is located inside the Belize Barrier Reef, the second largest barrier reef in the world, after the Great Barrier Reef of Australia. It is considered to be the most popular tourist destination in Belize. The history of Ambergris Caye began in the 1600s when British pirates found the island. Eventually, the island became settled by the Maya. The early inhabitants of Ambergris dug a canal to connect the interior lagoon to the Atlantic Ocean.

The Ambergris Caye economy was based on trading and exploitation of marine resources based on Ambergris Caye real estate. The mainstay of the economy was the coconut industry. The coconut industry flourished during the 1880s through the 1930s. It was a business that relied heavily on the villagers. They harvested the coconuts and shipped them to Belize City. The coconut industry was destroyed by hurricanes in the 1950s. During this period, the demand for lobster was not high. Instead, conch and other fish were exported.

Lifestyle Choices For Retired Expats

Several expats have chosen Ambergris Caye as a retirement destination. Although the area is not cheap, it offers a sophisticated and laid back lifestyle. Ambergris Caye is a popular tropical island. It is one of the largest islands in Belize. It has beautiful beaches, coral reefs, and aquamarine water. This island is also known for its vibrant nightlife. The island also hosts several fundraising events for various organizations. Ambergris Caye has a number of health oriented facilities. There are several yoga studios and fitness centers. It has 24-hour clinics and on-call doctors. There are also plenty of masseuses and yoga instructors. Ambergris Caye is also home to a variety of volunteer opportunities. Many expats are involved in various church activities. It is also known for its beer-friendly culture.

A growing number of expats are focusing on their health and well-being. There are several health clubs and a Pilates instructor. Ambergris Caye also has a 24-hour clinic and on-call doctors.

Property Prices Have Come A Long Way

During the past few years, property prices on Ambergris Caye have seen a steady increase. This is a great opportunity to buy real estate on this gorgeous Caribbean island. You can purchase property Belize in a variety of locations on Ambergris Caye, depending on your budget. In addition to beautiful beaches and fantastic food, Ambergris Caye offers a laid-back Caribbean lifestyle and easy access to the mainland. While Ambergris Caye is known for its laid back beach life and partying at night, the real estate market has seen a lot of growth. The economy is growing and property prices are rising faster than they have in the past. In fact, property prices on Ambergris Caye are expected to continue increasing.

Ambergris Caye offers a variety of options for expats. Some choose to retire and relax on the beach, while others are interested in volunteering or health care. Other expats start businesses to support their lifestyle in paradise.

Belize’s Most Sophisticated Lifestyle

Known for its turquoise seas, Ambergris Caye is Belize’s most popular tourism destination. The island has more amenities and activities than other parts of the country. Ambergris Caye is also a popular place for retirement. Ambergris Caye is home to a wide range of Belize real estate. There are waterfront homes, condos, and single family homes. The average waterfront home in San Pedro is about US$600,000. Waterfront single family homes can cost US$1.2 million or more. Ambergris Caye is an attractive location for retirees because of its low cost of living. Most expats who rent a beachfront condo spend between US$3,000 and US$3,500 per month.

While Ambergris Caye offers the upscale lifestyle many expats are looking for, there are still some drawbacks. Ambergris Caye is not as crowded as some Caribbean destinations, but the island does pack a wallop when it comes to charm. Ambergris Caye is also known for its active social life. During holidays and the high season, traffic can be crazy.

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James William
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