Invest in Belize real estate
Invest in Belize real estate! Belize is the hottest place right now to invest in the Caribbean or Latin America!
Moreover, Belize is only 2 hours away from major USA ports of entry, and being an English-speaking country makes Belize the right place to invest and live!
Undoubtedly, The areas in Belize that are popular for investment or living are places such as San Pedro in Ambergris Caye, Caye Caulker, Hopkins, Sittee Point, and Placencia. Furthermore, areas that are also popular destinations are the Cayo Area, Stann Creek, and Corozal District.
How affordable is real estate in Belize?
Real Estate in Belize over the past 2 decades has been successful to get on the radar for investors and property developers to invest in Belize! Property values have been increasing in Belize over the last decades due more foreign investment and upgrading of Belize’s infrastructure.
Construction Cost in 90-2000s
In the early part of the 1990-2000’s property values were relatively low compared to what prices are now. The growth and construction has been booming since the latter part of the mid 2000’s with many subdivisions on the market, resort development and high end media personalities investing in Belize.
Construction Cost in 2024
Due to Covid in 2021 construction costs and also the labor has exponentially increase. For instance, construction average cost in some areas pre-covid were in the range of $60-$70US a square foot but currently in 2024 construction cost has gone up to 80-100US per square foot depending on location.
The time to buy in Belize is now as prices seems to be increasing per year!