Primed to be one of the hottest vacation home destinations for 2014 is Belize – an unspoiled paradise located on the west part of the Caribbean Sea. Belize provides political and economic stability, English as its national language, and plenty of sun. Getting to this paradise is easy with non-stop flights from Los Angeles, Houston, Dallas, Atlanta, Miami, Charlotte and New York.
The fastest growing and most upscale area in Belize is Placencia, which is located in the south-eastern part of the country, approximately a three hour drive, or half hour flight from Belize City’s International Airport. Not only does Placencia offer 16 miles of natural sand beaches, virgin mangrove lagoons, coral cayes and pristine rainforest, but there is also a growing “chic casual” style restaurant scene.
Placencia has such a rich diversity that high profile North Americans like Bill Gates, Reese Witherspoon and Bradley Cooper have recently vacationed here; some have purchased real estate. Francis Ford Coppola and his wife Eleanor loved the area so much that in 2001 they purchased property in Placencia and developed the Turtle Inn Resort, which has been consistently named one of the top resorts in the region.
One of the newest real estate developments in Placencia is the Wild Orchid Residences. Wild Orchid Residences draws on the natural beauty of Belize to offer the utmost in luxury property in a range of options for those looking to own a piece of this Caribbean – Central American paradise.
Wild Orchid Residences has secured what is considered to be the most captivating coast line Belize has to offer; easily accessible by land, sea or air (Placencia has its own airport) residents of here have the option of choosing between three distinct developments: marina side homes and villas, beach side villas and the exclusive private island beachfront villas.
Two bedroom homes located on the marina side start at $698,000 USD, three to four bedroom marina villas start at $1,389,5000. For those looking to own beachfront property, the three to five bedroom beachfront villas start at $2,290,000.
For the ultimate in luxury, Wild Orchid Caye is an idyllic 12 acre private island retreat lined with white sand beaches, crystal clear water and incredible coral reefs. Limited to 10 exclusive villas, Wild Orchid Caye is designed with owner’s privacy in mind. All lots have direct beachfront access and average a quarter acre in size. While on the island, residents will have access to a signature restaurant and private spa and gym. These exclusive three to five bedroom private island villas, located 25 minutes by boat from the Wild Orchid Marina start at $4,265,000.
The investment opportunity for purchasing within Wild Orchid Residences is amongst the best in the country. Belize has very low vacancy rates for luxury properties with above average returns on short term rentals. Wild Orchid Residences has contracted world renowned Wolf Wörster Associates to manage their short term rentals which currently bring in the highest revenue per night in the country. Current rental rates for the Marina Villas in high season average $1,900 USD per night.
More information can be found at WildOrchidResidences.com