Belize Executive Estate Gallery
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The Placencia Peninsula Economic Forces
The major forces are:
1. New international airport. This new airport is located at the north end of the Placencia peninsula and will be only the second international airport in the country. Flights from all over the world will be using the new 8000 foot runway, designed for widebody jets. No longer will travelers have to change flights in Belize City to reach Placencia. Accessibility is a key demand for tourists and second homeowners, especially upscale folks, and Placencia will have it soon when the airport opens.
2. Peninsula Road. The paving of the 25 mile long peninsula road has improved accessibility and quality of life for residents and visitors alike. A unique bicycle path adjoining much of the road on the peninsula is a feature not found on many roads in developed countries.
3. Stabilized infrastructure. The high quality water system delivers “city” water to all residents and can be depended upon for availability and quality. Likewise the electricity (standard 120V, 60 cycle) has become reliable. Over 200 channels are available on cable TV on the peninsula at $22. US per month. High speed internet up to 4 meg band width is readily available at reasonable rates to all homeowners. Two separate cell phone companies compete for cell phone service. Many grocery stores provide most everything anyone could want. Three banks operate on the peninsula with very modern on-line services. And even a very good Gelato ice cream store provides 17 different flavors.