Question : Looking at buying property in COROZAL, BELIZE? Good deal or No?
I am getting solicitations from an interesting “Planned Community” in Belize called Progresso Heights. They sell : vacant parcels, homes, other pieces of semi-developed land? I am not too familiar with buying property in Latin America-but i dont care as long as the local population’s are increasing. Does anyone have any experience with this? They offer Financing on their lands at good prices. They do seem legitimate.
belize property

Best answer:

Answer by HouAnswerGuy
!st you need to do much homework…Have you been to Belize? Are you in any way familiar with real estate laws in Belize? What if any are squatters rights there? Do you know a good local lawyer there that can be trusted? and thats just the begining

Latin American real estate scams are numerous…I own property in Costa Rica myself so know a bit about what I am saying…a lot of Americans have been burned in Costa Rica because they did not know the laws or by outright fraud…and others have no idea they paid way way too much money for what they got.

They may indeed be a reputable company but do your homework before risking those hard earned dollars.