Understanding The Belize Real Estate Market
Anyone contemplating a buying Belize real estate will immediately feel comfortable with the English-speaking residents and their welcoming nature. The Belizean people make up the best part of our small nation and are it’s greatest natural resource. As a potential retirement haven or a vacation destination, owning a property in this beautiful Caribbean nation can be a great strategy. Understanding the real estate market is imperative to your decision.
Belize has numerous tax advantages making a property investment quite attractive, regardless of your motivation. The Property you purchase is yours without restriction. An added benefit is you won’t have to pay capital gains tax should you decide to sell your property.
Property values in Belize have been rising steadily since the mid-1980s. When you compare Belize real estate to other Caribbean destinations, it is still very reasonable. Waterfront properties are among the most coveted in the world. The real estate options in Belize are numerous and varied. We offer oceanfront villas or luxury homes, resort condominiums, lagoon or canal fronting properties. There are properties for sale that cater to investors, commercial, vacation home or residential buyers at fair values all with standard infrastructure and services.
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Is now a good time to sell? YES! Our local inventory of homes is very low! This means that buyers are constantly on the lookout for fresh, new inventory to come on the Belize real estate market. Real estate inventory left on the market too long is either overpriced or not in great condition. When a brand new listing comes on the market that is priced well and in decent shape, it can move FAST!
We’re not just making this up! Personally our Team at RE/MAX Island Real Estate has seen an increase of multiple offers. Our office has seen several homes that have sold within a week…