Purchasing Property In Dangriga, Belize: A Comprehensive Guide

Dangriga, Belize has a range of properties for sale, from beachfront homes to agricultural land. The area offers a mix of residential and commercial real estate, with prices varying depending on the type of property and its location. For example, a 3-bedroom, 2-bathroom custom concrete house in a gated community near the Caribbean Sea is listed at $179,000 USD, while a 300-acre property with almost 1 mile of beachfront on Colson Point is also available.

There are also opportunities to purchase land for development, such as a 37-acre property on Mullin's River that has already been subdivided into 22 lots.

With the appreciation rate of Belize real estate being the highest in Central America, buying property in Dangriga can be a great investment.

Beachfront property

If you're looking to buy beachfront property in Dangriga, Belize, there are a few options to consider. Firstly, it's important to note that beachfront properties in this area offer stunning views of the Caribbean Sea and are often marketed as ideal locations for building vacation homes. Here are some specific options for beachfront properties in Dangriga, Belize:

Side-by-Side Caribbean Sea Front Lots in Dangriga

These are side-by-side lots located north of Dangriga, offering 236 feet of seafront and a total area of 1.176 acres for Lot B1 and 1.256 acres for Lot B2. They are situated just a 15-minute walk up the beach from Pelican Beach Resort and are protected by the world's second-largest barrier reef, ensuring calm and gentle seas. These lots are currently priced at USD $99,000 each and are considered a great investment opportunity for building your dream Caribbean getaway home.

This property boasts almost 1 mile of seafront on Colson Point, located in the northwest of Dangriga. It offers a substantial 300 acres of land, providing ample space for development. The listing does not include pricing information, so contacting the agent is advised to obtain the most up-to-date details.

100 Acres of Beachfront Land in Stann Creek District

This listing offers a substantial 100 acres of beachfront land in the Stann Creek District of Dangriga. It is located along the Southern Highway near Mile 4 in Belize. While the listing does not include pricing, contacting the agent can provide more details on this opportunity.

Prime Beachfront Home Between Hopkins and Dangriga

This property is a newly built, spacious 3-bedroom, 3-bathroom beachfront home located approximately 3 miles south of Dangriga Town. It includes a caretaker's apartment, a storage shed, and a beautifully landscaped lot. The house is situated about 150 feet from the sea and includes an additional sandy lot directly in front. The asking price for this property is $319,000 USD.

Riverfront property

If you're looking for riverfront property in Dangriga, Belize, there are a few options to consider. Here are some detailed descriptions of available properties, along with instructions on how to buy real estate in Belize:

Option 1: Prime Riverfront Property on Stann Creek River

This property offers a prime .91-acre parcel located directly on the Stann Creek River, just 2.5 miles from Dangriga and off the Hummingbird Highway. With high banks that prevent flooding, this property is ideal for a resort or large homesteading site. Power and municipal water are available, and the parcel can be subdivided into three to four home sites. The listing price is $79,000 USD.

Option 2: Riverfront Property on Mullin's River

This property provides an excellent investment opportunity, featuring 37 acres of prime land subdivided into twenty-two 1/4 acre (and larger) lots. Located on the picturesque Mullin's River, just 20 minutes from Dangriga, it offers easy access to the Caribbean Sea a few miles down the navigable river. The entire 37 acres are available for $450,000 USD.

Option 3: Riverfront Property with Citrus Grove

This rare opportunity offers 8 acres of gorgeous riverfront property in the village of Hope Creek, about 8 miles from Dangriga. The property includes about 5 acres of corn and bananas, with the majority of the land (around 6 acres) on high ground, perfect for building your dream home. The listing price for this riverfront property is $79,000 USD.

Option 4: Riverfront Property Near Colson Point

With a stunning riverfront location near Colson Point, this property features 300 acres with almost 1 mile of seafront. It is situated north of Dangriga Town and is available for sale through Vista Real Estate. While the price is not listed, you can contact the agency for more information.

How to Buy Property in Belize:

To purchase real estate in Belize, you can contact local real estate agents such as Belize Property Agents or Vista Real Estate. They will guide you through the process, providing information on available properties, prices, and purchase procedures. It is recommended to work with reputable agents to ensure a smooth and secure transaction. Additionally, consider seeking legal advice to understand the legal aspects of buying property in Belize.

Commercial property

If you're looking to buy commercial property in Dangriga, Belize, there are a few things to keep in mind. Firstly, it's important to engage the services of a reputable real estate company that can help you navigate the local market and legal processes.

Currently, there are a variety of commercial properties available in and around Dangriga. For example, there is a 0.5-acre commercial lot available in the Hummingbird Estates of Belize, a gated community near Dangriga. This lot is situated near the busiest intersection in southern Belize, making it an attractive location for businesses. The asking price for this lot is $65,000 USD.

In addition to this, there are also several development opportunities available, including a new commercial development in Dangriga, as well as land/development options. If you're interested in commercial farming, there are also properties available with substantial acreage that would be suitable for agricultural ventures.

When considering the purchase of commercial property in Dangriga, it's essential to conduct thorough due diligence. This includes researching the local market, understanding the legal processes involved in acquiring commercial real estate, and potentially seeking the advice of professionals with expertise in the region.

Furthermore, it's worth noting that the Belizean government has established laws and incentives to promote foreign investment in real estate. Foreigners have the same property rights as Belizeans, and there are no inheritance or capital gains taxes for foreigners. These factors can make investing in Belizean commercial property a compelling opportunity for international buyers.

Property taxes

For undeveloped land, property tax is levied at a flat rate of 1% on all land located in Belize, with the value of the land being used to determine the tax. Property taxes on undeveloped land in Belize are usually between 0.25% and 1% of the assessed value.

For developed land, property taxes are levied on the actual rental income of the property (if it is rented out) or on the assessed rental values. In urban areas, the tax is levied at 12.5% for occupied properties and 2% for unoccupied properties. In Belize City, the property tax on both occupied and unoccupied properties may not exceed 2% of the market value of the property.

For example, the property tax on a four-bedroom U.S.-style home is likely to be in the range of $100 to $200.

Property rights

When buying property in Dangriga, it is recommended to use a professional, experienced, and trustworthy real estate company. They can help you with buying or selling real estate, and managing your property while you are away. Their network of agents, lawyers, architects, surveyors, and contractors will ensure your transactions are smooth from start to finish.

There are many properties for sale in Dangriga, including beachfront homes, oceanfront cabanas, riverfront properties, commercial lots, and fixer-uppers. Prices range from $9,000 USD for a half-acre lot to $450,000 USD for 37 acres of prime land.

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