Whether you’re hoping to become a homeowner or are looking to invest, there is always no better time to buy than now. And, as far as Belize is concerned, there’s currently no better place to make a purchase than in the suburban communities of the Belize District—specifically, the handful of rapidly developing communities that dot the district’s interior.
Sitting just off the Philip Goldson Highway, communities like Vista del Mar, Ladyville, and Lord’s Bank were once much less accessible and lacked even the most basic conveniences. In recent years, however, they have seen record growth and an influx of new residents, with many trading in the hustle and bustle of Belize City for the allure of suburban life. If you’re considering doing the same, now is the smartest time to make your move. Here’s why.
When the Price Is Just Right
Without a doubt, Belize City has grown over the past few years to become the country’s biggest and most active commercial center. The Old Capital has seen tremendous growth and transformation, and the same can be said for its real estate market. In fact, the value of property in Belize City communities like Belama and King’s Park (once considered prime spots for affordable homeownership) has more than doubled over the past decade — a reflection of just how much the city has developed. While that spells good news for anyone hoping to put their property on the market, the shift in the market has recently led those hoping to purchase to turn their sights elsewhere: most notably, to the burgeoning communities sitting just outside the city.
While anyone looking to buy real estate within city limits may find themselves having to contend with increased development costs and limited availability of land and properties, communities like Ladyville, Vista del Mar, and Lord’s Bank offer seemingly endless opportunities, including just right prices and safe, conveniently located spaces.
The Rapidly Expanding Communities to Make your Move In
There are plenty of reasons why these no-longer-rural communities have been attracting countless buyers, including plenty of families. Ladyville, for example, has seen its fair share of new developments—like shopping centers, coffee shops, and apartment complexes—in recent years, and though at a much slower pace, the same can be said for Lord’s Bank.
When it comes to infrastructure, the newly built Haulover Bridge, along with a recently renovated Philip Goldson Highway and the newly built John Smith Road, offers commuters a smooth and seamless journey between these communities and bustling Belize City. Meanwhile, the John Smith Road near the Philip Goldson International Airport makes accessing the southern and western regions of the country hassle-free. Inside the communities themselves, residents are able to enjoy the benefits of suburban living without sacrificing the conveniences of city life.
While all of these communities are rapidly drawing attention, most of their listings boast prices that are well within reach. In fact, the market in some areas is similar to what Belize City saw when its most desirable communities were still up and coming. This makes them ideal locations to make a move, regardless of whether you’re planning to put down roots or are planning to invest and get significant returns on your purchase in a few short years.
Looking to get even farther away from the city? Communities like Los Lagos and Burrell Boom are an ideal choice for anyone in search of wide open spaces and plenty of peace and quiet.
So, why wait? Contact our team at Vista today and let us help you make your move on property in these growing Belize District communities.
