Hot Caribbean Real Estate Market
by Glen Bell
American Buyers Drawn To Strong Caribbean Real Estate Market
"The Caribbean real estate market for American buyers is strong and getting stronger, according to Ricardo Cardenas, vice president and regional director of RE/MAX of the Caribbean and Central America."
"Purchasing pro perties in the Caribbean could be a good hedge against a domestic market that is slowing down," said Cardenas. "Property values are low in many areas, but they are appreciating rapidly, so a relatively small investment can yield good returns."
"Property values are low in many areas, but they are appreciating rapidly, so a relatively small investment can yield good returns," he added.
Here's one such bargain found along the Honduras Coast. For $490,000, you can purcahse a 5,200 square foot mansion with 300 feet of beachfront.
(Disclaimer: Shameless self promotion of my listing)
View the details HERE.
posted by Andy Kaufman at 6:27 PM
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