Investment Overview: With a $250K budget and options like condos, houses, or land on Ambergris Caye, what ROI and hidden costs should I anticipate?
I have observed firsthand that investing on Ambergris Caye can yield decent returns if approached with well-planned due diligence. In my experience, unforeseen expenses such as local legal fees, property maintenance, and regional taxes can significantly impact overall profitability. It is vital to account for periods of low rental occupancy and fluctuations in market demand. My personal encounters have shown that thorough investigation of property titles, community assessments, and future development plans are crucial to mitigating risks and ensuring a sustainable investment over time.