Trends in Belize Real Estate

Trends in Belize Real Estate

There’s no escaping Covid-19. Every single facet of our lives has been impacted by it – financial, social, religious, political, etc.

It should come as no surprise then that as people have been devastated financially and socially from the pandemic, that many of them should seek shelter – both financial and physical.

From an economic standpoint, many feeling the financial strains of the Covid-19 disaster are seeking shelter from the fallout.

Those who saw paychecks stop coming in with no assets to fall back on are now looking for ways to protect themselves from downturns.

Along with financial shelter, many have also looked for physical shelter – places to escape the Covid-19 madness.

That’s why the RV industry has seen a spike in demand in many regions across the country. People are looking to escape civilization – many looking to live off the grid. There’s no virus to worry about in the woods surrounded only by nature.

People escaping the hustle and bustle of modern civilization to live off the grid during a disaster is not a new phenomenon.

In the aftermath of the Great Recession in 2008, there was one real estate segment that saw an uptick – properties in “survivalist” markets, places where you could live comfortably off-grid and self-sufficiently. It makes sense that people would want to escape the madness of economic meltdown.

Amid the Covid-19 pandemic, it’s no surprise that properties in survivalist markets have once again seen an uptick.

A recent Forbes article identified land in Cayo, Belize, at the top of the list.

It could be because Belize is a survivalist paradise, but it could also be due to Belize’s being untouched by Covid-19 as not a single case has been reported in the country.

The rich are flocking to Belize for social distancing.

For survivalists and preppers, Belize is ideal for the following reasons:

  • Food – Belize has abundant natural resources, and the climate is excellent for growing a variety of products, including sugar, citrus, bananas, papaya, hot peppers, and other fresh fruits. The many lagoons, flats, the large barrier reef, lakes, and rivers provide plenty of saltwater and freshwater fish.
  • Stable Government and Economy – Belize’s official language is English, and its government is based on the British democratic parliamentary system and its courts based on British common law. The result is one of the most politically and economically stable countries in the Caribbean region.
  • Sparse Population – The population for the entire country is less than 400,000.
  • Water – Belize has abundant freshwater from its many rivers, lakes, and groundwater supplies and averages 71 to 110 inches of rainfall per year.

Investors seeking financial shelter would benefit exploring all that Belize has to offer in the way of passive income opportunities where demand for real property goes up in a crisis as the rich, and other survivalists seek social distancing.

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John Turley

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