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Ambergris Caye, Belize—A Hot Latin American Luxury Real Estate Market, Pg 2

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San JoseChef Amy Knox's Wild Mango restaurant is located on the beach in the center of San Pedro Town and has a very special Caribbean ambiance. To the south of town a young couple, Jo and Chris Beaumont, have started the successful Belize Chocolate Company out of their home. Their Kakaw brand chocolate is free trade and all ingredients are from Belize.

I saw many great real estate buys, but the condos in the major resorts impressed me the most. Of the resorts visited, only The Phoenix did not have any for sale. According the resort's owner Kelly, the current residents are too happy with their condos to sell.

Some of the resort properties of interest that I viewed were:

TulemarPelican Reef condos $335K USD to $675K

Athen's Gate condos $489K USD to $789K

Las Terrazas condos $275K USD to $700K

Victoria House 42 accommodations ? The wonderful villa I stayed in was for sale at $795K.

Coco Beach is another great luxury resort handled by Daniel Hartin of RE/MAX.

Kelly McDermott showed me around her luxurious resort,The Phoenix.

Daniel Hartin of RE/MAX showed me plans for a new luxury flagship resort development in process -Venecia del Caribe.

Ambergris SubdivisionJohn Turley of RE/MAX showed me around an exciting new project, South Ambergris Caye Subdivision. The subdivision has 421 lots of 50 by 75 feet, of which over 25 percent are sold. Each lot has its own boat slip and all the canals connect to the sea. The project was designed by developer David Mitchell who spent three years in research including traveling Mexico and the Caribbean. Mitchell and his team were inspired by conservationists and their efforts, such as: WWF (world wildlife fund) and were inspired to make this development a step above the norm. The developer assembled a team of environmental, hydraulic, civil, mechanical and architectural engineers; marine biologists; botanists; geologists; and world-class architects; together with the departments of the environment, forestry and geology to come up with an innovative plan.

The developer's team determined that this land, which was formerly stagnant and largely void of vegetation, could be transformed into an area to establish mangrove planting. Experts suggested and agreed that by opening up this area with a series of canals the entire ecosystem would improve because of increased water circulation.

In addition to providing better circulation, a team of engineers designed special seawalls called habitat walls which allow for the planting of new mangroves and form a cave like habitat for fish once installed throughout the subdivision?s miles of waterways. According to the developer this will be one of the largest plantings of new mangrove in the world.

The land developer and home builders are applying for three different LEED certifications in the designs of subdivision, landscaping, and houses. All homes are being designed to conserve electricity and water. For example, homes are being built with LED lights, 12v inverter air conditioners, low flush toilets and showers to conserve precious resources, and all have hurricane resistant structure and glass.

The future of Ambergris Caye looks very promising with the added features such as a water desalination system (water tested hourly) with capacity far exceeding the present population and projected growth, plus the imminent arrival of fiber optic communications from the mainland.

If you are looking for a luxury real estate investment, a vacation home, or a place to retire, Ambergris Caye is worth your consideration.

When you go:

See the official Travel Belize site for ideas on and off the island and for Ambergris itself. For a place to stay, see our reviews of the best luxury hotels in Belize, including some with units for sale like Victoria House, The Phoenix, and Las Terrazas. To get around Belize in a faster manner than driving, hop a flight with Tropic Air or Maya Island Air

Story and photos by John Lamkin

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