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Tabacco Caye, Belize

Real Estate in Belize

By Betsy Burlingame

Last updated on Dec 15, 2022

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

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How do I find a place to live in Belize?

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

"Searching online is a great way to find a place to live in Belize. Sites such as Expat.com, HousesBelize.com, and Realtor.com listings provide helpful information about availability, amenities, cost of living, and other criteria. Additionally, many housing services are available through real estate agents and expat services providers. Local newspapers, classifieds, and word of mouth are also good ways to find a place to live in Belize. Once you have narrowed down your search, visiting potential homes in-person is the best way to make a final decision," said another person in Belize.

"I lucked out with a bit of alone research. I found a listing on a Belizean rental site. The apt ended up being in the suburb area, for a 1 bedroom that ended up costing the same price as rent in the center of town and other parts of town usually where the locals live," added another expat who made the move to San Pedro.

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What is a typical expat home or apartment like in Belize?

"Expat home and apartments in Belize vary in size, location, and amenities. Most expats choose to live in condos or houses on the beach or near town centers, offering convenience, privacy, and views of the Caribbean Sea. Common amenities include air-conditioning, clothes washers and dryers, fully-equipped kitchens, flat-screen TVs, Wi-Fi and balcony or patio, and many offer swimming pools or onsite bars. Some of the more upscale properties come with concierge and resort services, onsite parking and maid service. With Belize's diverse culture, food and shopping choices, there is something for everyone," explained one expat living in Belize.

"1 bedroom apt. Washer/Dryer, Internet. A couple of steps away from the beach. Living on an island [Ambergris Caye], you are NEVER to far from the beach. Yes, several expats live in the suburb type area," said another person in San Pedro.

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What is the average cost of housing in Belize?

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

"The average cost of housing in Belize varies depending on the location, size, and type of property. Generally, properties located closer to the beach tend to be more expensive than inland properties. However, overall, housing in Belize tends to be more affordable than in other countries in the Caribbean," said another person in Belize.

"Lower. Average cost with some amenities is $400 US, I also have heard that for that price or a little more you can rent a whole house instead," remarked another foreigner who made the move to San Pedro.

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Should I buy or rent a home in Belize?

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

"Whether you should buy or rent a home in Belize is largely determined by your individual needs and circumstances. Buying a home in Belize can be a great investment if you are planning to stay in the country long-term. Additionally, buying could potentially offer considerable tax savings, depending on the laws and regulations in the specific municipality where you wish to reside. On the other hand, renting a home in Belize can be an economical option for those who are not sure how long they will stay or for those who are looking for an interim living situation before deciding to buy. Ultimately, it is important to carefully weigh the pros and cons of each option to choose the one that best suits your needs," said another person in Belize.

"We purchased a seaside lot at Sittee Point and had a home built through a local builder. Rolando Gonzalez kept us informed regularly with emails and pictures, so we never felt isolated from the process," remarked another foreigner who made the move to Hopkins Village.

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What do I need to know when buying property in Belize?

When we asked expats what advice they would give a foreigner before buying a property in Belize, they said:

"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," said another person in Sittee River.

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Are foreigners allowed to own property in Belize?

When we asked expats what advice they would give a foreigner before buying a property in Belize, they said...

"No, I don't believe so. Belize is a welcoming country...at least where we live anyway," remarked another foreigner who made the move to Sittee River.

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What appliances are typically included in a rental?

We asked foreigners in Belize what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

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

"Typically the kitchen is fully setup, the appliances are included, washer and dryer are included," added another expat who made the move to San Pedro.

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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.

Tabacco Caye, Belize

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