Atlantic Bank hosts gathering of land and home agents in Belmopan Print E-mail
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Thursday, 17 March 2016 00:00

There is a general agreement among real estate agents that now is the best time to buy land in Belize. At a gathering hosted by the Atlantic Bank at the Belmopan Civic Center on Saturday of this past weekend, land owners were meeting face to face with members of the public, with messages on how to buy properties.

Andrea Rodriquez, a representative from Eagles Wings Belize Property Management and Real Estate was the first one to say that potential buyers of land should “…do their own background checks, references and investigation…” to prevent land scams.

Andrea Rodriquez also advises that if the land managers ask their customers that money be placed into a different account, which does not match with the business-- that would be a red flag.

Present at the gathering over the weekend were representatives from Our Forest Realty, Atlantic Insurance, Association of Professional Architects and others.

Shamira Frutos, Credit Officer from Atlantic Bank tells the Guardian that this is the first time that Atlantic Bank is bringing Real Estate Developers at a one stop for those interested in home ownership as well as to learn what is on the “market”.  She says that Atlantic Bank is willing to provide the capital, but do so within the customers’ means.

As for Dave Habet from 4Realty, who now has land for sale in the Picinni Area of Belmopan, he advises that it is better to invest in land now rather than in vehicles or fancy electronics, which tend to depreciate over time.