From the article: >>Real estate values in Belize are on the rise. “[The value increases are] averaging about 20 percent a year across the board. If you get into some beach lots, for instance, they’re going up about 25 percent minimum per year,” Patrick Doyle, sales and marketing for Caribbean Property Consultants (CPC) Real Estate Solutions, Ltd., said.<<
20% per year? Must be the average of the appreciation of all those empty condos in Placencia and all those rural acres in Toledo and Cayo. Caveat emptor.