A couple of year ago I wrote about why my wife and I decided to invest in real estate in the nation of Belize. With these two years of hindsight I now realize that this was… a GREAT decision! In fact, our investment is turning out to be much better than expected.
When we first reserved our lots in 2011, the Kanatik/Palmaya development was slated to be about 400 acres and include very few amenities (some tennis courts, walking trails and a clubhouse/beach club). Since that time, the development has exploded to 5300 acres and rivals Eco-Futures first development, the nearby Sanctuary Belize, already Belize’s premier development and one of the best developments in the Caribbean.
Kanantik/Palmaya will have the nation of Belize’s only PGA-championship level golf course, a health spa, a greatly expanded beach club, its own private island located a 20-minute water taxi ride away, restaurants, a culinary institute (a joint venture with the government of Belize to train the locals in hospitality and restaurant management, etc.), and several more opportunities for small, retail businesses now that the development has expanded in size and crosses Belize’s Southern Highway, a main road that provides access to the town of Placencia. Outside of Palmaya/Kanantik, more amazing developments, which were only rumors a few years ago, are now nearly completed or well underway including a major hospital, a new international airport that will open to commercial traffic by the end of the year and a new port of call for a major cruise line in nearby Placencia.
All of this means that, not only will Kanantik/Palmaya be an even better place to call a second home/retirement home/investment property, it also means that, as one of the original 25 investors, our property values have already risen by 700-800%! And because Kanantik/Palmaya hasn’t even begun its big marketing push, this number really should go nowhere but up.
Now, friends, if all of this sounds like something you’d like to be a part of, whether as a future resident or just as an investor, give me a call or send me an email. Thanks to my early investment into Kanantik/Palmaya, I actually have an amazing opportunity that I might be able to share with you.
Don’t stop Belizein’!