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Real Estate in Ambergris Caye, Belize | Expat Exchange
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Real Estate in Ambergris Caye, Belize

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By Betsy Burlingame

Last updated on Jul 03, 2024

Summary: People living in Ambergris Caye, Belize offer advice about real estate. How do you find a home in Ambergris Caye? Should you buy or rent? What is the cost of housing?

How do I find a place to live in Ambergris Caye?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Ambergris Caye involves several steps. First, you need to determine your budget and what type of accommodation you're looking for. This could range from a small apartment to a large beachfront villa. Next, you should research the different areas of Ambergris Caye to decide where you'd like to live. Some people prefer the bustling town of San Pedro, while others prefer the quieter, more secluded areas of the island. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate websites that list properties for rent or sale in Ambergris Caye, such as Belize Real Estate MLS, Century 21 Belize, and Ambergris Caye Belize Properties. You can also contact local real estate agents who can help you find a property that fits your needs and budget. They can provide valuable insight into the local market and guide you through the process of renting or buying a property in Belize. Another option is to visit Ambergris Caye and stay for a while before deciding where to live. This will give you a chance to explore the island, meet locals and other expats, and get a feel for the different neighborhoods. You can also check local bulletin boards and newspapers for rental listings. Once you've found a place you're interested in, make sure to thoroughly inspect the property and understand the terms of the lease or sale before making a commitment. If you're buying a property, it's recommended to hire a local attorney to help with the legal aspects of the transaction. Finally, once you've secured your new home in Ambergris Caye, you can start the process of moving in and making it your own. Whether you're planning to live there full-time or just for part of the year, you'll find that Ambergris Caye offers a unique and relaxed lifestyle that's hard to beat," said one expat who made the move to Ambergris Caye.

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What is a typical expat home or apartment like in Ambergris Caye?

"A typical expat home or apartment in Ambergris Caye, is often a beachfront property with stunning views of the Caribbean Sea. These homes are usually designed to blend in with the tropical environment, featuring bright colors, open floor plans, and large windows to let in natural light. They often have spacious balconies or patios, perfect for enjoying the warm weather and beautiful sunsets. Inside, the homes are typically furnished with comfortable, modern furniture and equipped with all the necessary amenities, including air conditioning, a fully equipped kitchen, and high-speed internet. Many expat homes also have access to a shared or private pool, and are located within walking distance to local shops, restaurants, and other amenities. Despite being in a tropical paradise, these homes do not lack in security, with many located in gated communities or having their own security systems," remarked one member in Ambergris Caye.

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What is the average cost of housing in Ambergris Caye?

If you are thinking about moving to Ambergris Caye, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Ambergris Caye can vary greatly depending on the location and size of the property. For a modest home or condo, prices can start in the low six figures. Luxury beachfront homes can cost well over a million dollars. Renting is also an option, with monthly costs ranging from a few hundred to several thousand dollars. It's important to note that prices can fluctuate based on the real estate market and other factors," explained one person living in Ambergris Caye, Belize.

Should I buy or rent a home in Ambergris Caye?

If you have not spent a lot of time in Ambergris Caye, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Ambergris Caye, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Ambergris Caye for a long period or frequently visit, buying a home could be a good investment. Owning a property allows you to have a permanent base, and you could potentially earn income by renting it out when you're not there. On the other hand, renting a home in Ambergris Caye offers more flexibility. It's a good option if you're not sure how long you'll be staying or if you prefer not to have the responsibilities of home ownership. Renting can also be more affordable in the short term, as you won't need to pay for maintenance, property taxes, or home insurance. It's also important to consider the real estate market in Ambergris Caye. If property values are rising, buying a home could be a good investment. However, if the market is unstable or property values are falling, renting might be a safer option. Before making a decision, it's recommended to consult with a real estate professional or financial advisor who is familiar with the Ambergris Caye market. They can provide valuable advice and help you make an informed decision," said one expat in Ambergris Caye.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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