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Tabacco Caye, Belize
Tabacco Caye, Belize
Tabacco Caye, Belize

Real Estate in Belize

By Betsy Burlingame

Last updated on Nov 27, 2021

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?

Live in Belize? Answer this Question

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

"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," explained one person living in San Pedro, Belize.

"Originally San Pedro, Ambergris Caye, but after 4 years it got over populated and prices went way up. Moved to the mainland Northern Belize were there is less rain and humidity and 15 minutes from Chetumal where you can get low cost everything," said another expat in Corozal.

"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," remarked another member in Belize City.

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Allianz Care International Health InsuranceInternational Health Insurance in Belize

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

Live in Belize? Answer this Question

"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 expat in San Pedro.

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What is the average cost of housing in Belize?

Live in Belize? Answer this Question

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

"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," added another expat who made the move to San Pedro.

"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 foreigner living in Corozal, Belize.

"MUCH LOWER! Property taxes are around 30 dollars a year!!! Car insurance is less than 150 a year! WOW!," said another in Belize City.

Should I buy or rent a home in Belize?

Live in Belize? Answer this Question

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:

"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," added another expat who made the move to Hopkins Village.

"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," explained one foreigner living in Hopkins Village, Belize.

"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," said another in Belize City.

Why do people move to Belize?

Live in Belize? Answer this Question

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," explained one person living in Sittee River, Belize.

Are foreigners allowed to own property in Belize?

Live in Belize? Answer this Question

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," added another expat who made the move to Sittee River.

What appliances are typically included in a rental?

Live in Belize? Answer this Question

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.," explained one person living in Hopkins, Belize.

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

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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Tabacco Caye, Belize

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

Belize GuideBelize Guide
Learn what members have to say about living in Belize.

Belize Forum Belize Forum
Talk with other digital nomads and expats in Belize on our Belize forum - meet people, get advice and help others.

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An index of all of our site's Belize information.

Contribute to Belize Network Contribute
Help others in Belize by answering questions about the challenges and adventures of living in Belize.

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Expats in Belize offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Belize.

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