Have you ever watched those house hunter shows on HGTV? If so, you’ve probably come across one in which homeowners from the U.S. are looking for a home in some tropical beach, paradisiacal setting.

And like most people, you probably found yourself thinking how wonderful it would be to buy property on a tropical beach. You close your eyes and imagine your feet in the sand and the spray of the ocean on your body.

But this doesn’t have to just be a dream. Living in the tropics doesn’t have to be an expensive experience.

Buying Property on a Tropical Beach – 10 Beaches You Should Consider

Buying a home on a tropical beach is a big investment. Here are 10 beaches that deserve your hard-earned money.

1. Pensacola Beach, Florida

This beach has been rated one of the top 25 in the U.S., partly because it has the longest stretch of beach in the country that’s protected.

And houses are really affordable here, too. You can get a nice three bedroom home for $105,000-$190,000, depending on the square footage and location.

2. Roatán, Honduras

Another affordable option is this lovely section of Central America. Though rustic, you’re still close to an international airport and a good-sized expatriate community.

A really cool thing about this beach: Not only are you close to the water, you’re close to a jungle. Imagine waking up each morning to the sound of the surf and/or critters in the jungle.

3. Penang, Malaysia

Once known as the “Pearl of the Orient,” this beach town is located two miles from the border of Thailand. Here, you’ll immerse yourself in the cultures of China, Malay, and India.

The capital city, George Town, is a UNESCO world heritage site. The city is a nice mesh of modern buildings and ancient architecture.

4. Bocos del Toro, Panama

The people who have moved to this area say that the clear turquoise waters and gentle breezes seem to whisk a person’s worries away.

This town offers modern luxuries, like cell and internet service. And the prices are really affordable too.

5. San Pedro, Belize

Why should you invest in Belize?

For one thing, it’s close to the U.S., being less than two hours away from Miami, FL.

For another thing, this is one of the most visited beaches in all of Belize. If you want to invest in property and use it as a vacation rental, you’ll make a good ROI because there are always travelers looking for a place to stay.

Additionally, Belize’s economy is expected to grow rapidly over the next few years.

6. Cayman Islands

Right now, the prices for investment properties are quite affordable. The economy of these islands is also pretty stable, growing steadily each year.

According to some estimates, you can gain an average of seven percent in returns by renting your property.

And seeing as the islands are filled with people on temporary work visas, you’ll get steady renters all year long.

7. Culebra, Puerto Rico

Do you love the idea of walking down white sand beaches? Then, Culebra is the island for you! This island is close to Puerto Rico, so you don’t have to go far to go shopping or dine out. At the same time, the island itself is sparsely populated, making it the perfect tropical retreat.

8. Anguilla

If you’d like to move somewhere where the people live long, relaxed, healthy lives – Anguilla is the island where you need to invest. It’s located north of the French West Indies and east of Puerto Rico.

You don’t have to go far to have some fun, but you’ll enjoy the quiet beauty of living or vacationing on this island regularly.

9. Mexico’s Baja Coast

There’s nothing better than watching a bright sunset over the ocean on a warm evening. Not only is this a beautiful place to invest, it can be affordable too. But if you want posh luxury, you can find high-end condos along the coast as well.

10. Nicaragua

For those of you looking for a high return on your investment, Nicaragua is probably one of the better choices. The middle class is strong here and the country’s GDP is the fastest growing in all of Central America.

Though this is still a developing country, it is the second safest in Latin America. And with few restrictions and no taxation on the first 10 years of operating a tourist business, you’re ROI is sure to be impressive.

Investing in Tropical Beachfront Property Doesn’t Have to be a Money Pit

When people decide to invest in property, they’re filled with mixed emotions. They’re excited because of the prospects – a tropical home away from home, or a way to earn some extra cash.

They’re also filled with trepidation because of what could go wrong, especially when investing in another country.

However, you’ll fare well if you do your research, find a country that is safe for foreigners, and visit the properties first hand. In the end, you’ll find a wonderful tropical oasis that you can call home.

How many people can say that?