• Average asking price $1,413,934
  • % + or - average Caribbean property price -63%
  • Property price range $199,900 - $7,200,000
  • Average price per sq ft $450
  • Annual tourist arrivals 321,217
  • % change in annual tourist arrivals +9.2%

Overview – The Belize Real Estate Market

Bordered by Mexico to the north and Guatemala to the west and south, Belize is unique in being the only English-speaking country in Central America. The country has a long Caribbean Sea coastline, fringed with white and golden sand beaches. With ancient Mayan ruins hidden away in lush, old growth rainforest and the second largest barrier reef in the world just off shore, Belize is a nature lover’s and diver’s paradise. Its flourishing tourism industry attracted a record 385,000 overnight arrivals in 2016 – an increase of almost 13% compared to the previous year. Most flights to Belize arrive in Philip Goldson International Airport, about 30 minutes from Belize City.

The ongoing growth in tourism over recent years, combined with an attractive package of tax incentives for retirees and ease of access via direct flights from multiple North American cities, has stimulated the Belize real estate market. The development of a new generation of luxury resorts with real estate offerings and plans for a new international airport on leading destination on Ambergris Caye are likely to sustain the growth of the real estate and tourism sectors in Belize.

Like nearby Costa Rica, Panama and Nicaragua, the Central American country is an emerging property investment location with great potential. Belize real estate includes new homes for sale and beachfront condos for sale in luxury resorts, including several with hotel amenities and marinas. There are also beachfront properties in Ambergris Caye that are ideal vacation homes and offer excellent potential as an investment property.

 

Search our Belize Real Estate Listings

As specialists in luxury Caribbean property, we can introduce you to a wide selection of the finest residential property, land for sale and commercial real estate in Belize.

Our agents on the ground can offer unrivaled local insight into the market and the most desirable investment opportunities.

To discover your perfect property in Belize, search our Belize real estate listings.

 

Areas

Ambergris Caye & Corozal

Discover Ambergris Caye & Corozal – Read our Guide to Ambergris Caye Real Estate.

Belize City

Discover Belize City – Read our Guide to Belize City Real Estate.

Cayo

Discover Cayo – Read our Guide to Cayo Real Estate.

Maya Beach

Discover Maya Beach – Read our Guide to Maya Beach Real Estate.

Placencia & Stann Creek

Discover Placencia & Stann Creek – Read our Guide to Placencia Real Estate.

San Pedro

Discover San Pedro – Read our Guide to San Pedro Real Estate.

 

Buying Property in Belize

There are no restrictions on foreign buyers acquiring real estate in Belize and property can be purchased in the name of an individual or corporation.

Once you have made an offer on a property and the offer has been accepted, we would recommend that you engage a local attorney. Upon signing you will need to pay a 10% deposit. You attorney will conduct a title search and undertake due diligence. The balance is payable upon completion.

Buyers are required to pay a 5% Transfer Tax (stamp duty) before closing.

There is no capital gains tax in Belize and property taxes are low – approximately 1-1.5% of the value of the undeveloped land.

Belize operates a retirement program offering residency and exemption from tax on all income earned from outside Belize. Participants, who must be 45+ with a non-Belizean based monthly income of more than $2,000 USD, may also import personal items duty free.

 

Belize – Land for Sale

Purchasing a lot of land provides you with a blank canvas and the opportunity to build your dream home in Belize.

Whether you are looking for beachfront land or a centrally located plot, we offer various lots of land for sale in Belize.

For larger parcels of land for commercial development, please see our commercial real estate listings.

 

Saving on Your Purchase

You could save money when investing in Belize real estate by using a foreign exchange expert to get the best rate for your property purchase. We have partnered with Halo Financial, a specialist in foreign exchange, to help you get the best exchange rates when making one-off or regular international payments for a property purchase in Belize. To see how you could save money, read more: Foreign Exchange.

 

Getting There

There are direct flights to Belize’s Philip Goldson International Airport from various cities in the USA, Mexico and Central America.

Philip Goldson International Airport is located just outside Belize City on the eastern coast of the country not far from Ambergris Caye.

From the USA, American operates flights from Dallas Fort Worth and Miami. United flies from Houston, Delta Air Lines from Atlanta and Los Angeles and US Airways from Charlotte.

There are also regular flights from Mexico and Central America, including Cancun, Guatemala City and San José.

Atlanta to Belize: 3 hours 00 mins
Cancun to Belize: 1 hours 15 mins
Charlotte to Belize: 5 hours 25 mins
Houston to Belize: 2 hours 30 mins
Los Angeles to Belize: 6 hours 30 mins
Miami to Belize: 2 hours 10 mins

Local weather

23° Precipitacion0.13%
Wed 21° | 27°
Thu 21° | 26°
Fri 21° | 24°
Sat 20° | 28°
Sun 21° | 26°
Mon 20° | 25°
Tue 19° | 22°

Local time

1:45PM Tuesday 23rd Jan 2018 (CST)
Wed 21° | 27°
Thu 21° | 26°
Fri 21° | 24°
Sat 20° | 28°
Sun 21° | 26°
Mon 20° | 25°
Tue 19° | 22°

Fast facts

  • Population 331,900
  • Capital Belmopan
  • Language English
  • Currency Belize Dollar
  • Time zone GMT-6 | ET