Located on the Caribbean coast of Central America, Belize shares its borders with both Mexico and Guatemala. Its coast is flanked by the second longest barrier reef in the world, making it very attractive to diving enthusiasts. Formerly a British colony, the official language is English, making it easier for foreigners to fit in.
Belize continues to be a popular tourist destination due to its beautiful beaches, tropical rain forests and other natural wonders. It has a relatively low population density, which also adds to its appeal. The country is economically stable and secure, with a cost of living less than that of the United States.
Property in Belize still remains affordable, though it has continued to increase steadily over the past decade. This slow but steady rise in value is attractive to those wishing to invest in Belize real estate. There is less risk in getting caught in a housing bubble.
Nicaragua is a former Spanish colony in Central America spanning the entire region, from the Pacific to the Atlantic. Though a country with a checkered past, recent changes have begun to turn Nicaragua around. With a focus on improving both the economy and infrastructure, the country has achieved political stability.
Nicaragua has a large number of exceptionally beautiful beaches, an asset much in demand by both vacationers and retirees. Its warm tropical climate and biological diversity are two more reasons that make this country a vacation destination. With an ever increasing tourist industry, both eco-tourism and agro-tourism are adding to its popularity.
Perhaps the most compelling reason to invest in Nicaragua real estate is that housing prices still remain affordable. This is caused mainly by the perception that Nicaragua is a communist country still under civil war. It’s these two misguided beliefs that cause many investors to overlook the country’s potential. That presents some interesting possibilities.
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