Thursday, April 22, 2010
Belize expecting foreign sales surge in 2010
According to a press release by Property Frontiers, Belize is expecting to see a massive surge in foreign real estate buyers and investors this year. Property Frontiers is one of the most influential and innovative companies in the International Property Investment arena.
According to the press release the revival of Latin American economies, including Belize, and the revival of international tourism to the region, will combine with reduced prices in Belize, and their previous track record of growth, to make the country a hotbed of foreign buying activity.
This makes Orchid Bay a very enticing investment, especially since the beach front casitas have nearly sold out, and the soon-to-be-built seaside condos have already begun pre-construction sales.
I have personally spoken with a few of the hotel owners in Belize and they tell me that the occupancy has not dropped...in fact, one owner tells me that they were 96% filled in February...yes...February 2010! Belize is truly a remarkable place...you really need to go there and see it to Belize it!
Hit 'em straight!