Should I buy or rent a home in Benque Viejo del Carmen?

If you have not spent a lot of time in Benque Viejo del Carmen, 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 Benque Viejo del Carmen, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in the area for an extended period and have the financial means, buying a home may be a good investment, as it can provide stability and the potential for appreciation in property value. Additionally, owning a home allows you to customize and make improvements to the property. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting may be a better option. Renting a home in Benque Viejo del Carmen allows you to explore the area and get a feel for the community without committing to a long-term investment. It also provides the opportunity to move more easily if your circumstances change or if you decide to relocate to another part of Belize or return to your home country. It is essential to consider factors such as the local real estate market, property taxes, and maintenance costs when making your decision. It may be helpful to consult with a local real estate agent or financial advisor to help you determine the best course of action based on your individual needs and goals," commented one expat who made the move to Benque Viejo del Carmen, Belize.

William Russell
Get Quote

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell