Belize real estate

Property prices

Belize property

We follow over 50 real estate developments in Belize.  By far the largest in our sample are condo projects as opposed to those selling single family homes or serviced lots.  For each development we break down asking prices by property type (i.e. condo, serviced lot or single family home) and by location characteristic, such as whether the property has an ocean view, is beachfront, has a tropical view, an urban view or a view of a golf course (rare in Belize).

 

Ocean view and beachfront properties are the most expensive both by median asking price and median asking price per square foot.  And Belize properties with a 'water view' such as a lagoon, river or lake, are higher priced than those with a tropical or green view.  The charts below break this down further.  Click on the tabs to show the different data sets.

 

Belize  property hotspots

 

Most of the property for sale in Belize is clustered in Ambergris Caye and Placencia, although, both Hopkins and Corozal are starting to see growing numbers.  Ambergris Caye emerges as the most expensive property area for Belize when looking at condo prices per sq/foot, but Placencia does not lag very far behind. For more analysis by purchasing destination from across the region, head over to our property hotspot page.




Belize properties ranked by price

Our price ranking table offers a quick way to compare prices in Belize with Costa Rica, Nicaragua and Panama.  When looking at property developments selling condos and single family homes, one Belize development lies in the top 10 most expensive and one in the cheapest 10.  This is reflective of the fact that Belize condo and home prices lie somewhere in the middle when compared with Costa Rica, Nicaragua and Panama:  Less expensive than Costa Rica but more expensive than Nicaragua.  A similar pattern emerges when analyzing asking prices for developments selling serviced lots.

 

The chart below shows more aggregated information – comparing each country by property type.  But when conducting in-depth research into Belize real estate options, it makes sense to drill down to each property development or master planned community.  This is because much of the variance in price comes down to questions of location, accessibility and the state of completion of the master-plan.  Our database collects this information for each real estate development we follow.  Click through to the individual development pages for this data.


Data relates to the period 2009/2010

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