Report filed under: Buying Property Abroad Guides » Belize Real Estate Guide
Wed, July 20, 2005 - 1:10 pm EET
Corozal Real Estate, Belize
Corozal Town in the Corozal District of Northern Belize is one of the most beautiful and yet overlooked towns in the entire country. An increasing number of expatriates have been drawn to this beautiful, ancient and above all fascinating town and they have been struck by the one unique feature of Corozal real estate - it's very cheap!
Corozal Town in the Corozal District of Northern Belize is one of the most beautiful and yet overlooked towns in the entire country. It is situated about 85 miles north of Belize City and just 9 miles away from the border with Mexico and as a direct result of its proximity to Mexico the town has an overwhelmingly Latin American or Latin Caribbean feel.
An increasing number of expatriates have been drawn to this beautiful, ancient and above all fascinating town and they have been struck by the one unique feature of Corozal real estate - it’s very cheap!
Compared with prices across the rest of the country Corozal real estate continues to offer fantastic value for money in Belize and because of the town’s location the popularity of the entire area is intensifying, potentially offering property investors in Belize both capital growth and also increased potential for short term rental return.
The area around Corozal Town is famous as is the entire Corozal District because of the history of the Maya people and the stunning Mayan ruins and it is this very fact that originally attracted visitors to the area. Both the Santa Rita and the Cerros sites were on the tourist trail for a long time but more and more visitors were frustrated with themselves and their tour companies that they had little time to spend in the town of Corozal. This has led to a change in direction and today Corozal is becoming a more popular stop off destination for visitors traveling around Belize.
Corozal Town itself is located between the New River and the Rio Hondo and it is located alongside the Bay of Chetumal or Bay of Corozal. As mentioned it has a strong Mexican flavour with wide tree lined streets, parks and stunning architecture. The entire area is not only the safest area in Belize it also enjoys the best climate as well.
Hotels, restaurants, shops and services in Corozal are very reasonable and overall the cost of living in the town and surrounding area is cheap which has led to an influx of retirees and expatriates looking to get the most from their US dollar or British pound. It is through these people that word has got out and more and more people are discovered that Corozal real estate offers fantastic value for money for anyone thinking of buying a second home in Belize or a retirement home, an investment property or a buy to let property.
It’s still possible to buy substantial sea front lots in Corozal Town for as little as USD 30,000 or a three bed retirement home close to all amenities in the town for USD 65,000. For more property listings for the Corozal District and Corozal Town in Belize visit http://www.belizenorthrealestate.bz/
