America's Investment in Central America

Many American’s are buying real estate and investing in projects in Central America. Costa Rica has been a hot spot for a few years now as more U.S.-based developers purchase land there. Obviously condos for sale in Costa Rica are more affordable than many of the local markets in the United States. Costa Rica has been a great travel destination for U.S. citizens for decades and only continues to become more popular. We have already seen price increases in the area and builders have been making healthy profits on their projects.

Costa Rica is not the only hot spot in Central America. Belize is quickly stealing some of the spotlight. As the only English speaking country in Central America, Belize is a favorable alternative to Costa Rica. Belize offers a Caribbean climate and crystal blue seas. NCO just acquired a new relationship with a California developer that is planning a new 200 unit condo-hotel in Placencia, Belize. This new development will offer 500 to 12,000 square foot homes ranging from only $80,000 to $1,200,000.

Belize is now considered to be a very good and sound investment opportunity from and financial perspective as well as for those looking for second homes. Of course, owning a condo in Belize means you have to have the means to travel there frequently to make it worth your while. Any of you out there that have second homes know that when you have time to take a vacation, you always feel obligated to go there. Many of the buyers in Belize though are retirees and investors who will most likely rent out the units or have a property management company take care of the day-to-day operations. To learn more about Belize Paradise and how to buy, CLICK HERE.