Want a tropical paradise? Here are five hot property markets
Magazine excerpt
Mark David
The Globe and Mail
Published Tuesday, Oct. 29, 2013, 5:00 AM EDT
Last updated Tuesday, Oct. 29, 2013, 1:43 PM EDT
The following article is from Canadian Real Estate Wealth Magazine.
Buried treasure can be found in the Caribbean, and you don’t need a pirate ship to find it. The treasure comes in the form of affordable
real estate in five sub-tropical markets primed for growth. These areas are all poised to experience an economic boom in 2013 and
beyond, and that has put wind in the sails of North American baby boomers. Each market has an inventory of move–in-ready
properties that are suitable for retirement and investment purposes. They are also relatively inexpensive.
As well, the large ex-pat populations there provide Canadians with the social familiarity they need to call a place home. Savvy investors
are now moving to capitalize on the opportunity to furnish North American snowbirds with rental accommodations, at the same time
they make second homes for themselves. CREW selected these areas based on average prices, expected rents, and projected economic
growth. We spoke to local experts who explain why the time to get in on the ground floor and set sail for big profits is now. Believe
in Belize
An increasing number of Canadians are tapping into Belize’s thriving real estate market.
