The market for Corozal Belize Real Estate in 2018 is very active, with demand coming from both American-, Canadian- and European buyers.
The Corozal province is located in the northern part of Belize, and borders on Mexico. The drive from Corozal Town to the Mexican border is only about 20 minutes long, and being this close to the border has helped attract a lot of new residents to the area. You can also reach Corozal by car from Belize City in just over two hours, making the country very accessible via a short flight from most U.S. airline hubs.
The Mexican influence is large in the province, with many of the local residents speaking Spanish as well as English as their primary language. Historically, Corozal became a place to settle for Mexican immigrants after the massacre at Bacalar in the 1850s, and they brought much of their culture with them, something that is still evident in Corozal today.
One of the most important monuments in the Maya culture is located right across the bay from Corozal Town, in Cerros. If you are interested in learning a bit more about the history of Corozal and the early settlers, this (http://corozal.com/history/early) site serves as a great resource.
Many expats who are looking for Corozal Belize Real Estate are attracted by the slower pace of life, the Caribbean lifestyle, the ease of access to Mexico, as well as a progressive and relatively straightforward immigration system for retirees. Your money also goes a long way here, both when it comes to the cost of living, as well as prices of Corozal Belize Real Estate, the savings compared to North America are significant.
The purchase process for real estate transactions is also very straightforward – Belizean law is based on British Law, and will also remind you very much of buying a home in the United States. Transactions can be carried out relatively quickly, and several international law firms in the country are able to help you with your dealings and answering any questions you might have. We tend to work with The Law offices of Estevan Perera, and another well-known firm is Glenn Godfrey.
If you are interested in looking at Corozal Belize Real Estate, there are many communities that are specifically catering to expats and retirees. Two of the better known ones are Mayan Seaside and Consejo Shores, located all the way at the end of the Consejo Road, about 20 minutes away from the centre of town. These are both very well established communities, though prices of land and homes also reflects that.
Prices of Corozal Belize real estate varies a lot – you can find land lots from about $10,000 USD, all the way up to oceanfront homes with private water access for well over a million dollars. Most homes tend to sell below $150-200K, as this seems to be where there is most activity in the market. Most purchasers tend to be expats, either looking for a full-time home to retire to, or buying a vacation home to spend the winters in.
Here at Berkovitz, we are focused on providing affordable homes while catering to all your needs, and right now at our The Enclave at The Palms community, we are offering 2 bed/2 bathroom homes from just $99,000 USD with a generously oversized lot (from 0.4 Acres) in a great location just off Serenity Road, with all the privacy in the world. We really believe that when it comes to value for money, our product really isn’t one to be missed.
Our first show home has just been completed, some pictures are enclosed here – our offering is a 1.100 sq.ft home with two patios, 2 bedrooms, and 2 bathrooms (one en-suite) which is standard in all of the models.
If you do have any questions about Corozal Belize Real Estate, we would love to hear from you.