Cove - A great opportunity just north of downtown. Some who visit Ambergris Caye like it so much they want to live here. Under Belize law, foreign nationals can own property on the island in fee simple, including property on the ocean. There are no capital gains taxes or inheritance taxes, and real estate taxes are low.
Documents are in English and English common law prevails.
Condos on the lagoon are less. Some owner or developer financing may be available. A number of older resorts, including Captain Morgan's and the Playador, are joining existing condotels by converting to a condo structure, with units being managed for individual owners and rented to hotel guests. Listed above are some of the real estate agents who on the island. The Ambergris Caye Realtors Association has a multiple listing service.