If you’re considering buying property in Belize, it’s important to work with a trusted real estate agency. RE/MAX Island Real Estate can help you find the right property for your needs and budget.
As in any country, be wary of fast-talking real estate agents or attorneys. Get recommendations from friends and family and choose a broker who has experience.
Remax 1st Choice Belize
When you’re looking for homes or investment property in Belize, talk to a local. David Kafka, Broker/Owner of RE/MAX 1st Choice Belize, knows this developing Central American country like the back of his hand – and he and his team can answer your questions about coastal, mountain, tropical jungle, riverfront, and agricultural properties in the Placencia, Hopkins, Punta Gorda, and Belmopan areas.
RE/MAX 1st Choice Belize also offers commercial and industrial real estate for sale, as well as land for the development or construction of private homes. They are a family-owned and operated real estate company, offering the highest level of service to clients. They can be contacted through their website or phone number. RE/MAX 1st Choice Belize is a part of Caribbean Capital Group LLC. 6sense keeps track of 0 – 9 employees at REMAX 1st Choice Ltd..
Homes for Sale in San Pedro
San Pedro offers a diverse range of property options to accommodate various real estate preferences and investment goals. The thriving city, located on the southeastern coast of Ambergris Caye, is home to an array of scenic landscapes and cultural traditions that attract both local and international visitors.
Beachfront properties are a popular option for buyers interested in enjoying direct access to the ocean and mesmerizing views. The region also boasts several gated residential communities that offer a wide variety of single-family homes and apartments to fit all budgets.
The booming tourism industry in the area provides a consistent stream of renters, boosting demand for vacation rental homes and providing a steady source of income for investors. The city’s pristine beaches and thriving culture are a draw for visitors from across the world, fostering a vibrant community that is ideal for those looking to escape the hustle and bustle of everyday life. Explore luxury homes for sale in San Pedro on JamesEdition and find your dream property today.
Investing in Belize Real Estate
Belize real estate offers investors a number of opportunities. Investors can find affordable homes in some of the country’s most popular tourist destinations, such as San Pedro and Placencia. The country has also become a popular retirement destination, due to its low taxes and excellent quality of life.
Foreign buyers are welcome in the country and are treated fairly by local laws. The government actively encourages investment by granting tax holidays to certain enterprises, including real estate. The country also does not impose capital gains taxes on property sales.
As with any real estate investment, you must work with reputable professionals to avoid getting taken advantage of. Look for recommended attorneys and real estate agents who can handle the transaction in Belize. They can search public records and ensure that the property is titled in your name and free of any liens or mortgages. They can also verify that the person selling you the property is the owner or legally authorized to sell for the owner.
Buying a Home in Belize
A growing number of US expats are enchanted by Belize’s white sand beaches, blue waters and eco-adventures on the coast as well as Mayan history inland. The common denominator among those who move to Belize is a desire for a simpler, more private lifestyle.
Buying property in Belize can be challenging, particularly for newcomers to the country and those who are unfamiliar with local real estate law. It is advisable to enlist the services of an experienced Belize lawyer to ensure that your interests are protected.
Before a sale can proceed, your attorney will need to conduct an extensive search of the public registry to confirm that you are purchasing titled (fee simple) property and that the seller is legally entitled to sell it. In addition, a transfer tax must be paid to the government. After all due diligence is complete and closing is set, your attorney will handle the transfer of title. It is recommended that you use an escrow company to ensure a smooth closing.
