Real Estate in Belize

"I choose the San Ignacio area as it has the best local downtown, expats and locals mix well together, the folks are so friendly and the Expats are like my other family ! I found my home, thru Rainforest Realty www.rainforestrealty.com," said one expat in Belize City.

"Expat homes and apartments in Belize typically feature soaring ceilings, balconies, bright and airy living spaces, and independent access to the outdoors. Many expat homes and apartments are brightly colored, often in the local Belizean style, with ceiling fans, air-conditioning, and a mixture of traditional and modern Caribbean-style furnishings. Typically, distance to the beach or any other amenities will have to be taken into account when searching for an expat apartment or home in Belize," said one person in Belize.

"Housing cost is about 50% less if you are a owner builder. Avg for land and house is $80k US and the ROI after three years is about triple that," explained one person living in Corozal, Belize.

"The cost of housing in Belize varies depending on the location, size and condition of the home. The average cost for a small, one-bedroom house or apartment in a city can range from $550 to $800 per month. A mid-size home may cost between $800-$1500, while luxury homes and large estates on the beachfront may cost upwards of $3000 or more," said one expat in Belize.

"Deciding whether to buy or rent a home in Belize is ultimately a personal choice that depends on many factors. If you plan to stay for a long period of time, buying a home can be a great investment as you will own a valuable piece of property you can use as a vacation home. Additionally, owning a home in Belize may offer certain tax benefits that renting does not. On the other hand, if your stay in Belize is more transient, it may be more cost-effective and practical to rent so that you are not tied down to one location in the long-term. Ultimately, researching the market in Belize can help you to make an informed decision that best suits your needs," said one expat in Belize.

"We purchased a lot along the sea and had a local builder construct a home for us. It was all done primarily through email correspondence and money transfers. He sent us regular pictures and reports to keep us informed," remarked one member in Hopkins Village.

"Purchased a home in an auction. It was very easy. We purchased before we were even residents of Belize. To do that we needed a us dollar bank acct here, it was easy to do," explained one expat living in Belize City, Belize.

"Get a long term rental so you have plenty of time to check out properties, locations, and prices. It's helpful to talk to other foreigners who have moved also," wrote one expat who made the move to Sittee River.

"Yes, foreigners are allowed to own property in Belize. The government of Belize has established a legal framework that allows foreign nationals to purchase and own real estate in the country. Foreigners can purchase property in their own name, or through a Belizean corporation. The process of purchasing property in Belize is relatively straightforward and can be completed in a relatively short period of time," said one in Belize.

"No, I don't believe so. Belize is a welcoming country...at least where we live anyway," explained one expat in Sittee River.

"Typically the kitchen is fully setup, the appliances are included, washer and dryer are included," explained one expat in San Pedro.

"In Belize, most rentals come furnished since it would not be expedient for a renter to purchase furniture, large appliances, and kitchen items.," explained one person living in Hopkins, Belize.

"In Belize, most rental properties generally come equipped with basic appliances such as a refrigerator, stove, and washer and dryer. Additionally, many homes may also include air conditioning, ceiling fans, and even a hot water heater. Other amenities like dishwashers and extra ovens are sometimes available in higher-end properties," remarked one foreigner who made the move to Belize.

" Keep in mind that there is no comprehensive “MLS” system in Belize. So when searching for properties, you have to contact all the local real estate offices to see what properties they have listed. Make a list of all the real estate offices and any of the properties you are interested in that are listed through each office. Then contact a realtor from each office to give you the info on the listings you like. In the end, I used one realtor to represent me, but I had to do all the digging within each office’s listings to find the properties I wanted to make offers on. Don’t expect one realtor to expose you to any and all available properties that meet your needs. It just doesn’t happen. Someday soon I hope Belize gets their sh*t together and starts to use a full MLS system where the buyer can view ALL available properties online," explained one person living in Belize.

"Expats can search for homes in Belize by looking online for real estate listings, contacting local real estate agents, and networking with other expats who have already settled in Belize. Additionally, expats can look for rental listings in newspapers, online forums, and social media groups," remarked one foreigner who made the move to Belize.