Belize's Land: The True Cost Of Paradise

what is the cost of land in belize

The cost of land in Belize varies depending on location and perceived value, with prices ranging from $15,000 to several million dollars. For example, a home site in an upscale or luxury master-planned gated community can cost anywhere from $60,000 to $150,000, while large parcels of beachfront land for commercial development can go for up to $4,000,000 or more. Additionally, there are islands for sale in Belize, with prices ranging from $500,000 to $12,000,000.

shunculture

Cost of beachfront land in Belize

The cost of beachfront land in Belize varies depending on the location and size of the property. For example, a 0.17-acre beachfront lot in Secret Beach, Ambergris Caye, is advertised as "large" and is listed by a realtor, whereas a 0.19-acre lot in the same area is described as "large" and is being sold by a different realtor. This suggests that the standard size of beachfront lots in this area is around 0.17 to 0.19 acres.

In addition to size, other factors such as proximity to popular destinations and the availability of nearby amenities can also influence the cost of beachfront land in Belize. For instance, beachfront properties in popular tourist destinations like Ambergris Caye, which is known for its Marine Park and barrier reef, may command higher prices compared to more remote or less developed areas.

The type of beachfront land and its potential usage can also impact the cost. For example, some beachfront properties in Belize are advertised as "investment opportunities" or ideal for developing vacation rentals, which may influence the asking price.

It's worth noting that foreign buyers in Belize are generally granted the same rights as citizens when purchasing property. This means that as a foreign buyer, you can own the land outright as a "freehold" and have the freedom to live in, lease out, possess, or bequeath the land as you wish.

  • Large (0.17-acre) Beachfront Lot at Secret Beach, Ambergris Caye: Listed by RE/MAX Real Estate Group.
  • Rare Beachfront San Pedro, Ambergris Caye: A rare find, this property is advertised by Ambergris Seaside Real Estate.
  • Caribbean Cove 400 ft Beachfront, Ambergris Caye: This property boasts an impressive 400 feet of beachfront and 4.4 acres of land, also listed by RE/MAX Real Estate Group.
  • 200 Feet of Beachfront (Just south of Secret Beach), Ambergris Caye: Another RE/MAX Real Estate Group listing, this property offers a substantial 200 feet of beachfront.
  • 3 Beachfront Lots St. George’s Caye: Located on the Belize Barrier Reef, these three beachfront lots consist of 1.7 acres with East and West beachfront, listed by Belize Land Properties Ltd.
  • Boca Del Rio, Beachfront Lot, San Pedro Town, Ambergris Caye: Listed by Belize Island Real Estate, this beachfront lot is conveniently located in the popular tourist town of San Pedro.

These listings showcase the range of beachfront land available in Belize, with prices likely varying based on the specific characteristics and features of each property.

Hopkins: A Belizean Paradise

You may want to see also

shunculture

Cost of islands in Belize

The cost of islands in Belize varies depending on factors such as location, size, level of development, and amenities offered. While some islands can be purchased for as little as $150,000 to $500,000, others are listed for several million dollars.

For example, a 37-acre private island in Belize with white sand beaches and surrounding reefs off the coast of Punta Gorda in southern Belize is available for sale. Similarly, an undeveloped 2.5-acre island between Corozal on the mainland and Ambergris Caye is also on the market. These smaller or less-developed islands are more affordable, providing buyers with the opportunity to create their private oasis in a stunning Caribbean setting.

On the other hand, larger and more developed islands with luxurious features can command higher prices. For instance, the prestigious Little Harvest Caye sold for over $4 million, while St. George's Caye was priced at around $3.5 million. These high-end properties often include amenities such as private villas, beachfront access, private docks, and resort-style facilities.

One of the largest islands on the market in Belize is the 550-acre Water Caye, located near the deep-water English Caye Channel. With its vast potential for development, it is one of the most attractive investment opportunities in the Western Caribbean. Water Caye is currently listed for $12,000,000.

Another notable listing is Fisherman's Caye, offering 42 acres of land, lagoons, a protected harbour, and its own coral reef. This island presents a unique opportunity for a resort development project and is on the market for $4,995,000.

Belize's appeal as a destination for private island ownership stems from its English-speaking status, proximity to the United States, and its stunning natural features, including crystal-clear waters and the second-largest barrier reef in the world. The country boasts over 450 offshore islands and cayes, many of which are privately owned and serve as prestigious residences, luxurious retreats, or eco-resorts.

Belize's GDP: Percentage Overview

You may want to see also

shunculture

Cost of land in Belize City

The cost of land in Belize City varies, with real estate listings ranging from $25,000 to $4,000,000.

Belize City is located in the Belize District, which is known for its beach-fringed coast and small islands. The cost of land in the area varies depending on various factors such as location and perceived value.

For example, a home site in an upscale or luxury master-planned gated community might range from approximately US$60,000 to $150,000. On the other hand, large parcels of beachfront land for commercial development can cost several million dollars.

It's worth noting that there are also several islands for sale in Belize, with prices ranging from approximately US$500,000 to $12,000,000. These options could be ideal for those seeking maximum privacy.

When considering purchasing land in Belize City or elsewhere in the country, it's important to keep in mind that the Government of Belize welcomes foreign investment. Foreign nationals can buy land without any restrictions and enjoy the same rights as Belizean citizens, including the right to purchase beachfront properties.

shunculture

Cost of land in Cayo District

The Cayo District in Belize offers a range of real estate opportunities, from residential to commercial properties, with prices varying depending on the location and type of land.

For example, in the village of Cristo Rey, near San Ignacio Town, an 8-bedroom boutique resort set on 10.6 acres of land is available. Alternatively, a 4.4-acre estate with a 5-bedroom main house and a 3-bedroom caretaker's house is located on Mount Pleasant Creek outside Belmopan.

Prices for land in the Cayo District can vary depending on the specific area and the type of land. For instance, a 30-acre secluded riverfront farm with a home on the Belize River in the Kontiki area of San Ignacio is available, while a 2.41-acre property in Teakettle Village is also up for sale.

The cost of land in the Cayo District can also depend on the intended use. For example, a 100-acre property near Spanish Lookout is marketed as an ideal location for farming, while a 2-acre parcel of land on the Mopan River in Succotz Village is suggested to be perfect for a small resort or riverside home.

In terms of residential areas, the Cayo District offers a range of options. A 75' by 100' lot in Santa Elena, with a two-level concrete structure, was sold for $110,000 USD. In the same district, a 1-acre lot with a home in San Ignacio is also available for purchase.

The Cayo District provides a mix of developed and undeveloped land, allowing buyers to choose between ready-to-move-in properties or opportunities to construct their own homes. The market has been experiencing consistent growth, with residential and commercial properties seeing an increase in market value year after year.

With its natural wonders, modern amenities, and potential for profitable investments, the Cayo District in Belize presents a diverse range of real estate options to suit different budgets and preferences.

shunculture

Cost of land in Corozal District

The Corozal District is an excellent choice for those looking for a less expensive option in Belize. The district is known for its low real estate prices compared to other areas of the country.

The cost of living in Corozal is also relatively low, with affordable entertainment, food, and everyday expenses. A couple that rents a home in Corozal Town can live comfortably on $1,800 a month, while those who live in expat communities north of the town, such as Consejo Shores or 4 Mile Lagoon, may need a budget of around $2,200 a month.

There are a variety of land and property options available in the Corozal District, catering to different budgets and preferences. For example, beachfront and channel lots are available in a master-planned marina community, with prices starting at $29,000 for lots with water access and channels for private docks. Beachfront lots in this community start at $89,000.

For those seeking a more affordable option, there are vacant lots near Corozal Town, such as in the Ranchito Village area, available for as little as $15,000 for half an acre. In the Consejo Shores expat community, two half-acre corner lots are available for $34,990 each, with utilities available and scenic surroundings.

For those seeking a more substantial property, a four-bedroom, three-bathroom home with an attached garage, pool, dock, and boat launch, located five miles north of Corozal Town, is priced at $299,785.

The Corozal District also offers prime waterfront properties in the fishing village of Sarteneja, with 1.5 acres of subdividable seafront land available for $49,900.

The district provides a range of options for those seeking a laid-back Caribbean lifestyle, with the added benefit of proximity to Mexico for additional shopping and entertainment.

Frequently asked questions

The cost of land in Belize depends on factors such as location and perceived value.

Prices for a home site in an upscale or luxury master-planned gated community in Belize range from approximately US $60,000 to $150,000.

Beachfront land for commercial development in Belize can cost several million dollars.

Yes, there are islands for sale in Belize, ranging in price from approximately US $500,000 to $12,000,000.

There are land options in Belize that are priced below $100,000, with some options priced as low as $25,000.

Written by
Reviewed by
Share this post
Print
Did this article help you?

Leave a comment