The 2008 global recession “had a ripple impact on the entire Caribbean, and Belize was not exempt,” Ms. Anderson said. Many condominiums and resorts being planned in Placencia were stalled.
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.
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