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Belize Real Estate & Belize Property Investments

Belize Real Estate | Ambergris Caye Real Estate

Belize Buyer’s Agent | Belize Investment Real Estate BrokerBelize Real Estate Tours

Why Belize Real Estate?

Belize real estateBelize real estate is known for the property developments in Ambergris Caye with its world renowned barrier reef as well as Ambergris Caye beautiful, white sandy beaches.  As the official language in Belize is English and the nation is easily accessible from the US, this Central American nation is a key investment, retirement and tourism hot spot. (You can see Belize real estate listings below.)

  • Overseas real estate investors are neither prohibited nor restricted from owning clear title to property investments and land in Belize including ocean front land, houses, condos, etc.
  • The Constitution of Belize protects the right to private property, and Belize’s legal system is based on English Common Law and therefore familiar to American and British investors.
  • Belize has a strong, proven, liquid real estate market with broad investor opportunities in a choice of locations nationally, in both the residential and commercial sectors.
  • Real estate in Belize is currently enjoying what is considered to be a sustainable growth phase.
  • Belize is a peaceful and democratic nation with a stable economy, it’s a British Commonwealth realm, and its dollar is pegged 2BZ$ to 1US$.

Belize Real Estate Market

Belize real estate tourshttps://www.latincarib.com/wp-content/uploads/2018/04/Belize-Real-Estate-Tours.pngWe have Belize real estate buyer’s agent on Ambergris Caye as well Belize real estate brokers for all of Belize.  Please contact them for prices of real estate listings for sale in Belize, as well as current rental rates for apartments and vacation rentals.

  • On average, Belize real estate prices suffered a 25 – 30% national decline following the global economic crisis, however prices have now rebounded to pre-2008 highs.
  • Whilst Belize has one of the highest-priced real estate markets in the Central American region, by US, Canada, and UK standards prices are low attracting investor, second and Belize retirement home interest.
  • The GDP annual growth rate averaged 4.29% between 1995 and 2017, as reported by the Statistical Institute of Belize, highlighting the overall strength of the Belize economy.
  • Belize has arguably the most successful tourism market in the region and therefore presents Belize real estate investment opportunities supported by this economic sector, yet not exclusively built upon it.
  • Increasing demand from US baby boomers and a steady increase in interest in Belize real estate from British and European investors are just two reasons to suggest a strong return on investment is possible.

[Source: Statistical Institute of Belize]

Real Estate Investment, Taxes and Doing Business in Belize

  • Real estate agents in Belize are not regulated nor are they obligated to disclose valuable information about a property, therefore all buyers are advised to retain an independent lawyer to assist with their property transaction.
  • The above is one reason to use our highly qualified Belize buyer’s agents when buying real estate in Belize.
  • The costs for a lawyer’s services should be agreed up front, and typically most lawyers charge 2% of the value of the final sale price, to a minimum of a $1,000BZ.
  • A 5% stamp duty is payable by the purchaser on the balance of the transaction above $20,000BZ, minus the value of any home contents/chattels purchased with the property.  A 10% stamp duty is payable on new property.
  • A 1.5% property tax is levied annually and payable on April 1st.
  • Real estate agent fees are payable by the vendor and are 6-7%.
  • Buyer and vendor should retain separate lawyers, and a buyer’s lawyer should conduct detailed due diligence on the title of the property as some homes are unregistered, and some have deed restrictions intrinsic to the title potentially restricting an owner’s rights and obligations.
  • Government approval to purchase is not required as long as any parcel of land is 10 acres or less outside a town limit, 1.5 acres or less inside town limits, and not on a restricted Caye.

Landlord and Tenant

  • Rental income is taxed at a flat rate of 3% and there is no capital gains or inheritance tax in Belize.
  • Rental law is pro-landlord permitting forced entry to real estate and the removal of property to cover damage or unpaid rent.
  • Rental rates are negotiable at contract inception; increases are restricted to 10% annually according to the Rent Restriction Act.

Belize Property Investments Visa

  • There is no requirement to be a resident of Belize in order to purchase Belize real estate.
  • It is possible for foreign residents to obtain residence permits and work permits to live and find employment in Belize.
  • Additionally and of interest to anyone over the age of 45, the government has a Retired Persons Incentive Program to encourage financially secure individuals to live in Belize income tax-free.  Upon qualification, a spouse and dependents can be included.
  • Qualification criteria for the Belize property investments program include having no criminal record, passing a medical check, and providing proof of earnings from investments or deposits that will generate the sum of a minimum of US$2,000 per month or the equivalent of US$24,000 per year.
  • Benefits include being exempt from the payment of all taxes and duties on all income or receipts which accrue from a source outside of Belize – whether that income is generated from work or investments.

Real Estate Markets of Interest in Belize

 

 

Ambergris Caye real estate investment Marriott Resort

Belize Property Investment in a New Belize Marriott Residences Ambergris Caye Resort (Click Above for More Information)

Ambergris Caye Real Estate – this is the largest island in Belize and considered the most desirable location with many foreign investors; it commands some of the highest real estate prices nationally as a result.  Ambergris Caye is also the main destination for tourists visiting Belize, and San Pedro Town is the main settlement on the island.  Real estate for sale includes beach resort condominiums for sale, land, single family homes, as well as some commercial opportunities.

Caye Caulker real estate – this is the closest of the resort islands to Belize City and a sister island to Ambergris Caye, and whilst not as expensive for real estate as its sister island, its prices do reflect its tourism and lifestyle appeal. Real estate for sale includes undeveloped land, residential and commercial properties.  The demand for property to rent and buy is strong.

Hopkins Village – has around 2,000 year-round residents and has developed into a premium tourist destination with over 50 restaurants and and access to five miles of fantastic beach.

This make the Hopkins Belize real estate market a great place to live the beach lifestyle. Within a 10-mile radius around Hopkins there are three national parks and nature preserves. To the north, Bocawina National Park, is home to seven waterfalls in a 7000-acre wildlife paradise stretching west nearly to the Guatemalan border. The Sittee River is just a mile south of Hopkins allowing access in minutes to the world’s second largest Barrier reef. Hopkins is truly a boater’s paradise.

Placencia real estate – here you’ll find the best beaches on the mainland, and Placencia town is a beautiful Caribbean coastal community in the Stann Creek District of Belize.  It’s located on the tip of the 16-mile long Placencia Peninsula.  The peninsula offers Caribbean beachfront to the east and a protected lagoon to the west. The extended Placencia community has a growing expatriate base, yet there is still significant opportunity to buy in at more modest prices than in Ambergris Caye.

Corozal – this is the northernmost district of Belize, it borders Mexico.  The region is slowly growing in popularity with investors and expats for two main reasons:

i) it enjoys the lowest rainfall for the nation and

ii) it is one of the more affordable areas of Belize to both live and invest in real estate.

Corozal Town is home to an established expat community, largely centered around Consejo Shores, the Copper Bank and in the Chunox area.  They enjoy some of the lowest real estate costs nationally.

Orange Walk – located in northern Belize, Orange Town district’s capital is Orange Walk Town, the fourth largest town nationally.  It is inland and located on the banks of the New River. The district is home to the biggest Maya temple of the pre-classic period creating significant tourism interest, and the capital town is a bustling commercial hub offering some related investment opportunity.

Living in Belize

A former British Colony, Belize still maintains strong links with the United Kingdom to this day.  Yet because of its geographic location in Central America Belize also benefits from cultural and economic influences from its Latin American and Caribbean neighbors.

As an increasingly popular destination with North American investors, travelers and expatriates, Belize is very much open for international business and welcomes expats and investors from all over the world.

For those seeking a vibrant and developed yet unspoiled nation to call home, where Western influences have not tarnished the cultural fabric, Belize is a fantastic country particularly for investment.

Belize is also considered a very safe destination for investors, tourists and expats alike.  Commonsense should of course prevail particularly in Belize City however, where it is advisable to catch a cab after dark and only ever carry small amounts of cash.

Belize does have a hurricane season, however it has proven systems in place for detection and warning, and historically there is only a 17% chance that a detected hurricane will come within 50 miles of Belize.

Belize Location and Geography

Located on the eastern coast of Central America Belize is bordered to the north by Mexico, to the south and west by Guatemala, and to the east by the stunning Caribbean Sea.

Belize has the second largest barrier reef in the world, and over 200 islands shelter just offshore.  It is home to beautiful white sandy palm fringed beaches and clear azure waters, and those who discover its delights often liken it to a paradise.

The nation is geographically, historically and culturally diverse and enjoys a tropical climate, and surprisingly considering its desirability it has the lowest population density of countries in the region.

The rainy season runs from June through November, and the high season for tourism corresponds roughly to the dry season which is December through May.

Regions for Real Estate in Belize:

North: comprised of Corozal and Orange Walk regions, which feature some of the nation’s more affordable real estate.

East: Caribbean coastal region made up of Belize and Stann Creek districts and home to Belize City.

West: the Cayo district is home to the tiny capital city of Belize, Belmopan City.

South: the Toledo district is home to Punta Gorda, predicted to be an area of considerable interest for investors in the near-term.

Main islands: Ambergris Caye and Caye Caulker.

[Source: For more information – Wikipedia Belize]

What to do next if you are interested in Belize Real Estate

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Register as a buyer if you are interested in buying real estate in Belize.

Register as a seller if you have property for sale or rent in Belize and want to list your property for free. You can list two Belize properties for free.

Contact one of our LatinCarib Real Estate Network Brokers in Belize

 

Belize Real Estate for Sale and Rent:

Rentals

Sittee Point Beach House: Rent or Sale in Ho...

$ USD $ 950 /month plus utilities
For Rent $950 USD or for sale $339,000 USD – Caribbean Beach House for sale in Sittee Point south of Hopkins Village, Belize.  Available for long term Lease and Sale. Step out the door to your p [more]
For Rent $950 USD or for sale $339,000 USD – Caribbean Beach House for sale in Sitte [more]
22 139.00 m2full info
mjmcdonnell1
Sales

Hopkins Belize Beachfront Lots for Sale in S...

$ 175,000
The only remaining Hopkins Village Belize beachfront lots in Phase 2 of Sittee Point Subdivision. This lot boast 50 feet of frontage on the Caribbean Sea with fantastic beach. The lot runs from the se [more]
The only remaining Hopkins Village Belize beachfront lots in Phase 2 of Sittee Point Subdi [more]
Sales

Riverfront Lots for Sale Hopkins Village Bel...

$ 40,000
Hopkins Belize riverfront lots for sale just south Hopkins Village in Sittee Point Subdivision. The original developer passed away recently and his estate will liquidate all remaining Sittee Point riv [more]
Hopkins Belize riverfront lots for sale just south Hopkins Village in Sittee Point Subdivi [more]
Investments

Hopkins Belize Real Estate Investment B ...

$ 2,900,000
Hopkins Belize real estate investment with bed and breakfast for sale. This real estate investment also had apartments and retail space for sale. The Hopkins Belize investment real estate is in the Ho [more]
Hopkins Belize real estate investment with bed and breakfast for sale. This real estate in [more]
Investments

Placencia Belize Hotel B & B for Sale

$ 895,000
Placencia Belize hotel or B & B investment for sale If you have ever wanted a low maintenance, extremely well-constructed commercial space in a thriving tourist area that you could make your own B [more]
Placencia Belize hotel or B & B investment for sale If you have ever wanted a low main [more]
Sales

Caye Caulker Belize House for Sale

$ 310,000
Beautiful two-bedroom, one-bathroom house for sale in Caye Caulker Belize, which is ideal for a full-time residence or vacation rental, with the opportunity for expansion if you wanted to add more ren [more]
Beautiful two-bedroom, one-bathroom house for sale in Caye Caulker Belize, which is ideal [more]
Investments

Belize Waterfront Land for Sale Caye Caulker...

$ 499,000
This 2.5-acre Caye Caulker Belize waterfront land for sale has over 250 ft of waterfront facing towards the west — insuring great sunsets and Caribbean water views. The Caye Caulker oceanfront l [more]
This 2.5-acre Caye Caulker Belize waterfront land for sale has over 250 ft of waterfront f [more]
Investments

Belize Development Land for Sale in Placenci...

$ 1,725,000
11 acres of Belize development land for sale in Placencia Belize. This Placencia land is poised for development and is located in the mid – northern location of the Placencia peninsula. The Peninsula’ [more]
11 acres of Belize development land for sale in Placencia Belize. This Placencia land is p [more]
Investments

Placencia Belize Oceanfront Land for Sale &#...

$ 1,200,000
11 acres of Placencia Belize oceanfront land for sale. The oceanfront land had 1,000′ of lagoon frontage with water and mountain views. the land is in a great location on the central Placencia Peninsu [more]
11 acres of Placencia Belize oceanfront land for sale. The oceanfront land had 1,000′ of l [more]
Investments

Placencia Belize Development Land for Sale M...

$ 695,000
This Placencia Belize development land for sale is located just one mile from Independence Village, this 3.856-acre Belize development parcel is on the west side of the Placencia Lagoon. This is part [more]
This Placencia Belize development land for sale is located just one mile from Independence [more]
Investments

Belize Private Island for Sale St Georges Ca...

$ 1,600,000
This beautiful 5-acre Belize island for sale is only a 10-minute boat ride from Belize City. Located directly on the Northwestern tip of historical St. George’s Caye with sweeping views of the beautif [more]
This beautiful 5-acre Belize island for sale is only a 10-minute boat ride from Belize Cit [more]

5 Bedroom Home on Toucan Trail in Belize

$ 265,000
Known as The Toucan House (to celebrate the many toucans who roost in this rain forest property), this beautifully constructed 5-bedroom home in Belize is located in a 133-acre eco-community on the sh [more]
Known as The Toucan House (to celebrate the many toucans who roost in this rain forest pro [more]
remax

100 Acres in Coconut Walk

$ 550,000
REDUCED FROM $799,000.00 USD This beautiful investment property is located 18 Miles from Belize City, the largest city in Belize. With half a mile of beach front, this property offers amazing opportun [more]
REDUCED FROM $799,000.00 USD This beautiful investment property is located 18 Miles from B [more]
remax
Sales

1.924 Acre Placencia Lagoon Parcel on Small ...

$ 249,000
This 1,924 acre property offers a great investment opportunity for further subdivision or building your dream home. Enjoy being secluded from the daily hustle and bustle of the village in a tranquil h [more]
This 1,924 acre property offers a great investment opportunity for further subdivision or [more]
remax

Premium Hill Top Lot for Sale at Better in B...

$ 55,000
Lot #23 is an amazing 0.33 acre Hill Top View Lot, one of two hill top lots available for sale in this eco village. Located on Eagle’s Landing, this hill top lot is on a slope and already has so [more]
Lot #23 is an amazing 0.33 acre Hill Top View Lot, one of two hill top lots available for [more]
remax

7039 – 1.17 Acre Lot With Small Cabana...

$ 149,000
This quaint cabana sits on lot #54 (A multi-unit lot, big enough to build up to 6 small buildings on 1.17 acres) on Butterfly court and has been designed with good natural airflow and integration with [more]
This quaint cabana sits on lot #54 (A multi-unit lot, big enough to build up to 6 small bu [more]
remax

Cabin on Lot 97 in Belize Eco Community

$ 145,000
This beautiful 2 bedroom cabin sits on Lot #97 ( 0.93 acres) at Better In Belize Eco Village. Custom built with all Belize hardwoods, this cozy cabin has potential for rental income in an off grid env [more]
This beautiful 2 bedroom cabin sits on Lot #97 ( 0.93 acres) at Better In Belize Eco Villa [more]
remax

Lot 112 in Better in Belize Ecovillage

$ 39,000
An opportunity-in-the-making, Lot 112 is a 0.49-acre lot that allows up to 6 individual units or a building with up to 6 units built in one. Great rental possibilities. Live here and have some rental [more]
An opportunity-in-the-making, Lot 112 is a 0.49-acre lot that allows up to 6 individual un [more]
remax
Rentals

Cabin in Eco Lodge

$ 124 Per day
This cozy 3-bedroom Raised Bungalow Belize Vacation Rental is located in a 130-acre magical rain forest eco-community in Western Belize. Located close to the organic community gardens in this Ecovilla [more]
This cozy 3-bedroom Raised Bungalow Belize Vacation Rental is located in a 130-acre magica [more]
remax
Rentals

Toucan House Eco Lodge

$ 85 Per day
This warm and welcoming 2-story vacation rental in Belize is located on a large, 1.01-acre property on Toucan Trail, close to the entrance of our Belize eco-community. With up to 5 bedrooms to rent, t [more]
This warm and welcoming 2-story vacation rental in Belize is located on a large, 1.01-acre [more]
remax

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