Caribbean luxury waterfront properties have been top performing investments for decades. The consistent vacation rental market has provided the underlying fundamental income streams sought by global investors wanting a personal legacy that pays for itself. In the past five years, Belize has emerged as the most sought-after real estate market in the Caribbean as travelers have increasingly demanded a diversity of cultural and adventure experiences. It’s unspoiled beauty, spectacular reef, ancient ruins, and English speaking locals have drawn comparisons to the booming markets of Costa Rica and St. Lucia in years past.
When an emerging destination gains popularity, the early adopters and pioneers are rewarded. Belize saw a 16.7% Tourism increase in 2016 which was the highest growth in the region. As new airlines announced new direct flights to accommodate the increase in demand, air prices from North America reduced by more than 50%, on average. Real estate prices have soared but there is a shortage of inventory of the most sought after type: luxury properties featuring world-class amenities, turn-key management and proven service levels.
Just a couple of years ago, Placencia was the Caribbean’s best-kept secret, but not anymore. World Travel Awards recently chose Placencia as the “Top Beach Destination” in the region. NYTimes named it one of the top “Places to go in 2017”. The narrow peninsula has long exotic stretches of beaches on it’s Eastern side and an easily navigated lagoon on it’s Western side. It is ideal for exploring the countless private islands dotting the world’s second largest barrier reef with its’ world-class diving, snorkeling and fishing. The Belize government has taken a diligent and cautious approach to development in Placencia as they have sought to preserve their natural treasure. Their investment in a new road for the peninsula and a clean water supply from the mountains nearby with modern treatment facilities have been integral parts of Itz’ana’s development plan. Expats and locals have seen the villages come alive with new restaurants, coffee shops, art galleries and activities opening every season.
Itz’ana’s success didn’t happen overnight. Eight years of planning by a globally successful team have refined every detail of the resort real estate offering. The property is an oasis of tropical abundance on the peninsula’s deepest beach. Roberto de Oliveira Castro’s architecture and Samual Amoia’s interiors reflect the history, culture, and allure of the site. Itz’ana opens November 2018 and is poised to provide mission-driven luxury and amenities at the highest levels. Our owners will share in the nightly revenue that maximizes their rental income through low-cost maintenance and proven hospitality. It’s boutique offering is comprised of a small inventory of diverse residence types that has attracted discerning owners seeking a luxury basecamp for their family’s legacy.
Itz’ana’s team administers all aspects of the property through turn-key management and monthly reporting to owners. As a part of the British Commonwealth, Belize titles are founded in the prized security of British common-law. Our owners are VIP’s that can use their residences as often as they wish. When on property, owners experience the attention to detail and personalized service that makes everyday rewarding. Their owner concierge serves as a personal assistant for exploring epic adventures. When they are not at their Itz’ana home, the property is expertly maintained to pristine levels while they reap the rewards of strong passive incomes.
Our team has been growing in Belize for a decade and has received global recognition for it’s consistent hospitality. Ka’ana, our sister resort in the Jungle has been chosen the “Top Boutique Luxury Resort” in the region for three consecutive years by World Travel Awards. We strive to provide superior service levels to our guests while empowering our local communities. Local knowledge combined with global experience have the been the hallmarks of our success and Itz’ana opens within the security of our time-tested results. We’ve assembled a team of global leaders from every continent with experience among the finest luxury brands to launch Itz’ana and the press has taken notice. The NY Times, Robb Report, Travel and Leisure and NYPost, have noted Itz’ana as one of the most highly anticipated openings throughout the world.