Central America is nestled between North and South America, with the east coast bathed by the warm waters of the Caribbean Sea and the west coast facing the Pacific Ocean. This region is finally experiencing some distance from its troubled past; since the end of Central America's civil war... + Read More
s in the mid-90s, interest has been growing in the region’s real estate. Political and geographic barriers are breaking down throughout the region and its citizens are eager to welcome visitors and investors alike. Central America’s east coast offers surroundings similar to the Caribbean, at a fraction of the cost.
Costa Rica, with its thriving eco-tourism market, has been the 'it' country of Central American real estate in recent years, but its mellowing neighbours like Nicaragua, Honduras and Panama still remain largely under-developed because of their damaged reputations. Savvy expats have been buying up islands in Belize, some retiring and enjoying the relatively inexpensive standard of living and tropical climate. Belize has the world’s second largest barrier reef and its private islands make great villas or diving businesses. Property investment is encouraged in Central America, but the area's market is still like the wild west in many respects; due diligence regarding titles and possession must be performed, with the emphasis on diligence. - Read Less