Should I buy or rent a home in Ambergris Caye?

"The decision to buy or rent a home in Ambergris Caye, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Ambergris Caye for a long period or frequently visit, buying a home could be a good investment. Owning a property allows you to have a permanent base, and you could potentially earn income by renting it out when you're not there. On the other hand, renting a home in Ambergris Caye offers more flexibility. It's a good option if you're not sure how long you'll be staying or if you prefer not to have the responsibilities of home ownership. Renting can also be more affordable in the short term, as you won't need to pay for maintenance, property taxes, or home insurance. It's also important to consider the real estate market in Ambergris Caye. If property values are rising, buying a home could be a good investment. However, if the market is unstable or property values are falling, renting might be a safer option. Before making a decision, it's recommended to consult with a real estate professional or financial advisor who is familiar with the Ambergris Caye market. They can provide valuable advice and help you make an informed decision," remarked another expat in Ambergris Caye, Belize.