Friday, October 14, 2011

Condos For Rent on Ambergris Caye - Long Term

Renting a condo long term is different then renting just for a week long vacation. Many properties on island are either geared towards vacation rentals or long terms rentals. Some do both but usually there is a strong bias towards one way or the other.

For long terms rentals I find that many of my clients like the quieter residential type resorts. Royal Palm Villas, The Belize Yacht Club and the Cloisters are all good choices for long term rentals.

What's nice about renting in some of these places is that there is usually a condo or two for sale. So by staying there long term you can get a feel for the place before buying.

Price can vary depending on the time of year. Usually November through May are considered the higher season where prices for a nice 1 or 2 bedroom condo can run $900 to $1,400 per month. From June through October you can usually negotiate a lower rate.
When renting a condo long term keep in mind that the law requires that condos and houses that rent out in this manner must have the renters sign a lease for a minimum of 6 months. So even if you plan to only rent for 4-5 months plan on signing a 6 month lease.

If you are getting close to coming down and would like my help with your search just give me a call or shoot me an email. I always keep my eyes open for the good deals in good locations.

Dennis Kay II
RE/MAX Island Real Estate


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