Buying Property On The Placencia Peninsula - The Jewel Of Belize

Buying Property On The Placencia Peninsula - The Jewel Of Belize

The Placencia Peninsula is fast becoming the place to be, attracting tourists and retirees wanting a quieter pace of life. Buying property on the Placencia Peninsula, therefore, offers a wealth of opportunities for the property investor. Whether you are looking for short-term holiday rentals or longer-term rental prospects, this beautiful peninsula has it all!

One of the things that attract tourists is the laid-back, Caribbean-style living, with clear blue seas and golden beaches. Wildlife is found in abundance and there are phenomenal diving opportunities to be had for both beginner and experienced divers.Most visitors to the region are travelling specifically to the Placencia Peninsula area for its superb water sports; there are more than sixteen miles of sandy beaches and unrivalled coral. This area is highly protected and there are endless activities for those who wish to get involved in preservation.As well as the superb beaches, the entire Peninsula has the Maya Mountains as a backdrop, making this one of the most spectacular places to visit, in Belize.

Tourist numbers to this region have grown by 20 percent, in the last five years, which has further fuelled the property market.Building and expansion regulations are very tight in this delicate area, which means that property in the region has seen a dramatic increase in prices of over 20 percent, during the last 18 months.

One of the main property development companies is offering land plots with building opportunities for around £27,0and house prices starting at around the £103,000 mark. These prices are quoted for prime positions around the coveted Placencia lagoon, which is central to all the beaches,restaurants and shops, as well as offering personal boat access to every plot.

In other regions of Placencia, away from the coveted lagoon area, land plots can be purchased for as little as £16,000 and houses can be bought for around £40,000. The great thing about real estate in Placencia is that the government is particularly strict, in terms of regulation. Habitat in the area is very delicate, from the corals to the jungle life; planners are keen to ensure that the surroundings are not destroyed by over-development.For this reason, it is likely that the amount of real estate available will be limited and with demand outstripping supply, prices are likely to increase over the coming years.

Getting to Placencia will become increasingly easy, with the drive from Belize City Airport taking around 4 hours. Visitors, nevertheless, may choose to arrive by boat which is a more scenic and adventurous way to travel!Another option is to fly directly to Placencia Airport. This airport currently is quite limited; however, the government of Belize is investing hugely in both Belize City and Placencia airports and the links are set to improve, in the coming years.

Placencia is a paradise resort, with both beaches and jungles to tempt travellers and retirees alike, together with the security of a central American government and political and economic stability. With property prices in the region growing, at a steady rate, Placencia is hard to ignore!

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