Ambergris Caye is a Belize,s largest island. The island is located at the eastern shore of Belize. This town of San Pedro is the island gateway and famous for sailing. Ambergris Caye is known for its water sports, beaches and scuba diving.
Ambergris Caye is also famous for tourism. As hundreds of tourists daily visit there due to its natural beauty, beaches, natural areas, a variety of wildlife animals and plants, shops and restaurant etc.
The population of this island is about 18,000. And this number of population fluctuate during high season ( from November to May). Because during this season many other people and tourists come to visit the island. Mostly the island population lives in the southern area which is near to San Pedro.
While its northern area is mostly unpopulated as it contains different beaches, sea life, and wildlife and forests etc. English and Spanish both languages are spoken on this island.
However, the main local language is Spanish. The tourist and other visitors who can’t understand Spanish can make a conversation in English with local people.
Ambergris Caye Real Estate
Ambergris Caye real estate deals in vacation rentals, sales of property and property management. This island real estate is mostly in the southern area it is the most populated area of the island while the northern area is mostly unpopulated. In the island, there are single-family homes available for rent and sale purposes at affordable prices and mid-range price homes are also available which sometimes need renovations.
Residential real estate is purchased mostly for investment point of view or for giving their apartments for rental purposes. Because the population of the island increases during high season and different people and tourists come here to visit and take the homes for staying which are on affordable prices. So tourism also promotes the economy of local people.
There are also available high priced rental homes. Price depends upon the size of the home or its location also matters. Commercial properties include a restaurant and retail shops which are a bit expensive as compared to the rental homes.
In Belize island Ambergris Caye there are not only local Belizean people properties but also exist foreigners people properties which indicate foreigners can also buy a property in Ambergris Caye. This is because here real estate laws are not so tough. Real estate companies provide full guidance to their clients and cooperate in the buying and selling process.
When you want to purchase or sell a property you need to search for a better reputable broker who will work for you as your agent and search clients for you. After convincing the clients and when the deal is done money should always be in the form of cash or a secured deposit of a bank. Make sure that cheque is also real or fake to prevent you in case of any fraud or misunderstanding.
The property insurance is also available in Ambergris Caye. Rates range is here.
- 5 percent is in the case when storms occur or fire takes place.
- 5 percent for wooden made structures.
- 5 percent for concrete based structures.