SAN PEDRO
San Pedro Town Real Estate
San Pedro Town is a quaint seaside town with plenty to offer, San Pedro offers some of the most desireable Belize real estate. If you are looking to buy some Carribean seaside real estate, San Pedro is one of the few places on earth that can give you good value for money. There is an increase in interest in San Pedro Belize real estate as this is one of the most affordable beachside properties in a country that offers a unique luxurious living experience. Located on the East Coast of Central America, Belize is the least crowded country in the Caribbean.
San Pedro Town Belize
San Pedro Town is the biggest and most developed town on Ambergris Caye, which is the largest island in Belize. As such, it attracts many experts and tourists in large numbers for the attractions of the coast. There are a good number of restaurants, bars and there is also a monthly farmers’ gourmet market. The world’s second largest barrier reef is on the coast of Ambergris Caye. Scuba divers and snorkelers find it great all year round. Fishing in the clear aquamarine water is also a unique experience. San Pedro Town & Ambergris Caye Real Estate is very diverse and has an abundance of options for investment and retirement.
Affordable Cost Of Living
San Pedro is a small town so there are no high end or low end areas. You can get around town by walking. For longer distances, there are the ubiquitous golf carts that are the popular mode of transport to and from the beach. The typical monthly living costs for expats are $2,600 including rent. A studio apartment or a one-bedroom unit on the beach will cost around $950 in monthly rent, while larger 2-bedroom units go for around $1,100. The farmers’ market offers plenty of fresh produce including poultry. There is plenty of seafood from the nearby sea. As such eating out is not as expensive.
Buying San Pedro Town Real Estate
There are very attractive San Pedro Belize real estate offers at very affordable prices. property prices start at a low $290,000 for a front row beachfront property that is only 20 minutes by golf cart away from town. The revamped real estate laws make it easier for foreigners to buy real estate property. Purchasing real estate property in Belize comes with several advantages. If you are a resident of the US, you will not pay capital gains tax back home. You will also be able to deduct mortgage interest and property taxes from your total tax liabilities. If you are looking to buy real estate at a location where the value is climbing fast, that would be in or near San Pedro. The low population density and stunning views of the Caribbean are irresistible offers. If you are looking to buy a home, condo or land in San Pedro Town, Belize contact Will Mitchell at Belize Secret Beach to view available properties for investment, vacation home or retirement and follow our San Pedro Belize Real Estate Buyers Guide.
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