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Real Estate in Belize: Looking Ahead

2019 and beyond is looking very promising for Belize’s Real Estate industry! The demand for single family homes and investment properties are on the rise and with an increasingly vibrant and growing real estate industry, we predict a higher demand in Belize real estate this year.

The increasing demand of Belize real estate for sale will introduce new players to fill long-standing voids in the local industry in terms of increased residential mortgage and refinancing offers, although unfortunately commercial mortgages will continue to decline as banks remain cautious of speculative activity in the country. We anticipate increased investments in apartment and residential buildings, an increase in prospective buyers, and even heightened interest in existing homes and investment properties.

The buying and selling of residential property is without a doubt the most thriving sector of the real estate industry in Belize. This is so because of the ever increasing demand for residential homes and properties among the new millennials, who now see the value to make the move from rental to mortgage and ownership.

Given the cost of land and other factors of production, and considering good urban planning principles, gated communities are swiftly becoming the way of the future in Belize property. Buyers are seeking out investment that comes with a more structured package and covers all angles, from security and backup power, to serene environments than those in existing urban centers across the country.

This new wave of interest comes with the demand for a more strategic marketing, targeting mobile and internet savvy users. This rings true because of the ever increasing number of people who have the capability to access the World Wide Web. With this in mind, we intend to increase our web presence in 2019 with a more aggressive social media presence and an increased number of new listings on a more frequent basis.

We look forward to serving you in the coming months and encourage you to buy Belize property with Hesed Realty!

9 Destinations You Have To Visit In Belize

Over a million people visit Belize each and every year. Some may just be passing through on a cruise ship while others can spend weeks in a country which has so much to see and do. Even the long-term visitors will find it difficult to tick every item off the list but here are nine of the best destinations to visit in Belize.

Ranguana Private Island

What better way to enjoy the stunning natural scenery of the country than on your very own private island? Ranguana is a two-acre private island just a quick boat trip from the beaches of Placencia. From just $125 USD, guests can spend a day snorkelling, paddle boarding and BBQing until the sun goes down. Or, for those who want to stay even longer on the island, guests can stay overnight in the one hotel on the private paradise for a few hundred US Dollars.

The Mayan Ruins of Altun Ha

Altun Ha is rare for sites of historical significance. Located just 30 miles from the country’s largest city, Belize City, the Mayan ruins are certainly accessible. The site covers around 3 square miles and is open to tourists wanting to know about the country’s history. Altun Ha is almost three thousand years old but is still worth visiting today.

Big Rock Falls

Of course, Belize is a country blessed with a beautiful natural landscape. That much is obvious when looking at Big Rock Falls. Located in the Mountain Pine Ridge Forest Reserve, south-west of Belmopan, Big Rock Falls is a 150-foot wide waterfall and rock pool. Visitors can take a short hike to the falls where they can swim, dive, or just enjoy the stunning scenery.

Belize Zoo

We’ve all seen some disappointing and unenthusiastic zoos in our lives but Belize’s offering is a little more special. Belize Zoo & Tropical Education Centre only houses animals which are native to the country but are unable to live in the wild. The zoo is the home to over 175 animals from 45 different species but all of them were orphaned, born in-house, or rescued and rehabilitated at the centre. You won’t get many other opportunities in life to see a fer-de-lance, kinkajou or harpy eagle.

San Pedro Nightlife

Not everyone enjoys sitting back and enjoying nature, some people prefer the lights and noise of a vibrant nightlife and Belize has that in abundance. San Pedro is one of the best destinations with its range of vibrant beach bars like Crazy Canucks and the popular Wayos. If you want the night to keep going, head down to Captain Morgan’s Retreat where the only casino on Ambergris Caye is open until 4:00 am. Just remember to brush up on your slot machine or roulette skills at an online casino like bonusy bez depozytu beforehand to impress your travel companions.

Caye Caulker

The only road sign on the island of Caye Caulker reads “go slow” and that is more of a life mantra than a rule for traffic. Things move at a different pace on the island with its noticeable lack of cars. Bicycles and the odd golf cart are the preferred mode of transport on this stunning destination where you can sit back and relax in stunning scenery. Just remember not to go too fast.


Go Underwater

Caye Caulker’s waters are some of the most beautiful on the planet so why not enjoy them with a guided snorkelling trip? Many local companies including Anda De Wata offer guided snorkelling tours where you can see local wildlife and their habitats up close. You can swim with sharks and rays in the Caye Caulker Marine Reserve or see the coral reef at the famous Mexico Rocks.

Actun Tunichil Muknal

Actun Tunichil Muknal is no ordinary cave structure. Located near San Ignacio, this is more of an archaeological site than anything else. There are thousand-year-old human remains including the famous Crystal Maiden, the skeleton of a young girl who was believed to be a victim of sacrifice. Tours start at $125 USD but cameras are not permitted after a 2012 incident when a tourist dropped theirs and damaged a 1000-year-old skull.

The Great Blue Hole

The final and best-known destination on this list is Blue Hole. Belize’s world-famous attraction is located near Ambergris Caye and spans a distance of over 1000 feet on the surface. The Great Blue Hole is a sinkhole which delves 400 feet into the earth and is a real bucket list item for divers across the globe. Divers of all skill levels can take trips into the sinkhole but local companies like Astrum offer helicopter packages to get a bird’s-eye view on this natural wonder.

WHO IS THE BELIZEAN MAKING WAVES IN THE NFL?

Author: Ashley Munson

Belize is a country blessed with a Caribbean coastline, dotted with small islands – or cayes as you might hear them referred to – swimming with marine life and a thick jungle dominating in land. Those are reasons that make avid travellers – and we mean only avid travellers – know about Belize.

They want to explore the Mayan ruins or dive the reefs that are home to huge quantities of sharks and rays. What the country isn’t renowned for is its sporting prowess, which is hardly a surprise given it’s roughly the same size as Massachusetts – one of the smallest US states – but one man is slowly putting Belize on the sporting map. That man is Rakeem-Nunez Roches.

Nunez-Roches bounced around high schools, but it was when he settled in Alabama that he starred in the basketball and baseball teams, winning individual honours in both, but football was ‘the one’ and he was listed as an Alabama Top 50 prospect. The University of Mississippi agreed and ‘Nacho’ – as he’s now known – was offered a scholarship.

The freshman year saw Nunez-Roches named in the All-Freshman side and the next year he featured in every game, starting all bar one. Unfortunately, injury ruled him out for most of the 2013 campaign, but the break did him no harm whatsoever as he produced a string of impressive performances throughout an ever present season in the following year and that propelled him to the shop window as one of top NCAAF betting picks – and so he was included in the NFL draft.

At this point, you’re probably thinking that this sounds like a standard ‘kid makes it to NFL draft’ story but Nunez-Roches’ story is anything but ordinary.

Nunez-Roches was born in Dangriga, Belize to his mother, Nancy, who he remains extremely close to today and a father who has been absent for most of his life. For the best part of a decade Nunez-Roches struggled without even having seen the sight of running water but then his mum, who only spoke broken English, made the life changing decision to head to the US.

That wasn’t easy – by any stretch – as they ‘bunked’ with an auntie and uncle and moved all over the country, even spending time hungry, dehydrated and sleeping in cars but the Belizean spirit was undiminished. Now imagine the delight that hit his family when he was picked by the Kansas City Chiefs in the draft – a dream come true and the first ever person from Belize to be drafted into the NFL; from a child who, at eight years old, was ‘amazed’ at electricity, to a history maker.

In his inaugural season Nunez-Roches featured in seven matches and was making progress in the professional game but he was cut ahead of the next campaign and looked destined to have just the handful of appearances to his name. However, one of the things his tough start in life taught him is that the world doesn’t do you favours, you have to work hard. He did.

He worked so hard that he was re-signed within a month and went on to play in 11 games throughout the season, securing his first sack in the process and the following season he played in every fixture but for budget reasons, the Chiefs allowed him to move on.

Nunez-Roches is a larger than life character though and disappointment won’t hold him back; his mother poured her efforts into teaching him ‘there’s always someone doing worse’ and it’s a belief he lives by.

Whilst at high school he co-founded – with his mum – a homeless charity that provides food, clothes and blankets to the less fortunate. Nunez-Roches continued doing that after moving away for college stating it was an initiative ‘near and dear to him’ due to his times of rough sleeping.

He’s a man who wants to give back, a man who wants to help people in situations he’s lived through and he’s already spoken about returning to Belize, but that won’t be just yet. Whilst he may have been released by Kansas, the Tampa Bay Buccaneers snapped him up so the ‘energy-giver’ Nunez-Roches can continue ‘giving hope’ to his country and his growing reputation can ‘give the little kids motivation’.

If that’s not enough, every time he turns out on the field with his wide smile and fist pumping celebration someone is on the internet searching for information about him and in doing so, they’ll learn about Belize too. A true ambassador of the country!

Now betting sidor utan svensk licens also accept bets on this wonderful game.

*See our Disclaimer for release information.

Belize signs BEPS multilateral instrument

The Government of Belize became the 86th country to sign the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting also referred to as the BEPS multilateral instrument.

This convention enables governments to “close the gaps in existing international rules that allow corporate profits to “disappear” or be artificially shifted to low or no tax environments, where companies have little or no economic activity,” reported one international media outlet.

The agreement has been hailed as the world’s leading instrument for updating bilateral tax treaties and reducing opportunities for tax avoidance by multinational enterprises. That is because it aims to prevent treaty abuse, improve dispute resolution, prevent the artificial avoidance of permanent establishment status and neutralize the effects of hybrid mismatch arrangements.

The convention exists alongside agreed tax treaties.

Source: Breaking Belize News

Kilone – Ganja 10 Anthem

Listen to local artist Kilone’s Ganja 10 Anthem here.

https://youtu.be/kyToFI7IgVY

 

Bryton Codd wins ACAC South Rookie of the Year 2018-2019

We would like to take this opportunity to send big congratulations to one of the founders of BK Volleyball Foundation Mr. Bryton Codd on winning the ACAC South Rookie of the Year Award. Bryton spearheaded a fast paced Briercrest attack to a playoff spot in the tougher South Division in the ACAC! He finished the season with a monster stat line of 352.5 points on 290 kills, 46 aces and 16.5 blocks.

While Bryton was just edged out for the All-ACAC Conference Team by Dax Whitehead from Lethbridge College (Bryton outperformed him significantly), he still considered the regular season of year one a success, stating that “I came to Canada with two goals in mind, 1) to become a much better player than I was when I got here and 2) to open doors for my fellow athletes and inspire them to reach their full athletic potential.” With a year of growth in Canada, Bryton should enter the conversation for best all-around player in Central America outside of the feared Andy Leonardo from Guatemala. In summing up the experience so far at Briercrest, Bryton explained that “the move to Canada has exposed him to higher level competition that has pushed him to work harder and smarter as a player to take on the challenges. Adjusting to the cold became the easy part once the playoffs were in sight, as we (Briercrest) made an enormous push down the stretch to get in during the final week.”

Bryton and Karym (pictured on the right hand side with Bryton) are set to take on the number 1 team from the North Division, Keyano College.

ENVIRONMENTAL NGO CONTINUES TO PURCHASE LAND WITH ENDANGERED WILDLIFE

This time, 20 acres filled with coral reefs located at a strategic point in the Carribeans.

TiME (This is My Earth) managed, for a third year in a row, to raise enough money in order to purchase land containing endangered wildlife and declare it as a nature reserve, and this time – a marine area containing corals with several endangered species.

The area bought is off the coasts of Belize, and home to some endangered species such as the Hawksbill sea turtle, the Leatherback sea turtle, the Atlantic goliath grouper, and many more sea animals and plants all marked as endangered.

“To this day we have had the chance to salvage land areas, but this time we had a chance to do it in the ocean,” Prof. Uri Shanas, founder of TiME, said. “The atoll (A ring-shaped reef, island, or chain of islands formed of coral) is beautiful and many entrepreneurs would be happy to develop or abuse, which would probably harm the wildlife that is already endangered.”

TiME has been founded three years ago by Prof. Shanas, from University of Haifa-Oranim, joined by Prof. Alon Tal from Tel Aviv University. TiME is an international democratic organization where anyone at any age can contribute anything, from a dollar onward. Every member of the organization receives a single annual vote, regardless of donation amount. Every year the members choose from three possible lands to buy, each containing endangered wildlife, and after purchased, the area becomes a locally managed nature reserve.

This year the organization will buy 20 acres of corals at the Turneffe Atoll, off the coasts of Belize. The area does not remain under the control of TiME, but is transferred to Turneffe Atoll Trust. The area purchased is in a strategic position, denying the ability to develop the area for tourism, creating a greater area that will be preserved.

“2.3% of Earth is considered “hot spots” that host countless of endangered flora and fauna, so every piece of land we purchase can make a tremendous contribution to the protection of many species,” Prof. Shanas conveyed. “We have proven for the third year in a row that this tactic, at first seen as naive, works and can change reality. Other than the countless of educational institutes that ‘adopted’ us, we managed to attract private companies and Israeli municipalities, which allows people to feel the satisfaction in taking part in saving the Earth.”

For more information on the organization, their activity and for contribution, visit the This is My Earth website at https://this-is-my-earth.org/.

Source: The Jerusalem Post

Best Real Estate Deals Right Now

When looking to invest in the Caribbean real estate market or looking for Belize real estate for sale, it’s always wise to seek out brokers in Belize that have your best interest at heart. At CPC, we work with some of the industry’s leading Real Estate Agents. Belize does not have an MLS system, so having our Agents located throughout the country with access to local information, within your neighbourhood of interest, gives us the ability to stay on top of current listings and gives you the upperhand when you’re looking to buy Belize property. We have real estate offices in the most sought after parts of Belize – Belize CityCorozalCayoHopkinsSittee PointPlacencia and Punta Gorda  and this allows us to ensure that we’re always aware of all current real estate transactions, making sure you always get the best deals. Together, our experienced brokers and agents have over 125 years of experience working in the Belize real estate market and guarantee the best service in the Belize real estate industry.

Here are a few of our best deals hand-picked just for you!

  1. Executive Seafront Villa with Dock and Private Boat Ramp
  2. Home on 100 feet of Caribbean Sea Front
  3. Caribbean Sea View Home Hopkins
  4. Tree Top Villa in Cocoplum Development, Placencia Belize
  5. Caribbean Way Sea Front Lot for Sale
  6. Beach Front Bargain – Placencia Peninsula
  7. Side by Side Lots in Punta Gorda
  8. 2 Storey 4 Bedroom Concrete Home on 0.5 acre
  9. Eco Friendly Home in San Ignacio
  10. Copper Bank Home in Corozal
  11. Waterfront Lot in CocoPlum, Placencia Peninsula
  12. Best Priced Caribbean Ocean Front
  13. Placencia Village – Waterfront with Private dock
  14. Home In Consejo Shores
  15. Waterfront Home in Corozal
  16. Beautiful Tropical Home/Bed & Breakfast
  17. Gorgeous 3.12 acre property with big Cabin and all year creek
  18. Priced for quick sale: Acreage with Creek Access
  19. Beautiful Caribbean Sea Front Home on a Double Lot
  20. Caribbean Sea Front & Canal Commercial – Residential Lots
  21. Best Villa on the Caribbean Sea
  22. Be Your Own Boss in Paradise and Live Here Too!
  23. 33 Acre Farm With Business Opportunity

Buy Belize Real Estate

Belize real estate is steadily rising making any reasonably priced property purchase in Belize an excellent investment for the future. In Belize, foreigners enjoy the same buying rights as nationals, making it easy to purchase beachfront property.

All land purchases in Belize is subject to Government Stamp Transfer Tax which is approximately a little lower than 5% of the purchase price. There are no capital gains tax in Belize, so if you sell your property at a substantial profit all the profits will remain with you.

Condominiums are becoming an even more popular real estate option in Belize. There is a strata law in place in the laws of Belize that provides provisions for condo ownership similar to strata principles of first-world countries.

Tips to Help You Buy Belize Real Estate

Belize has a growing expat retirement community,mainly in its northern and southern districts. Most popular places for expat retirees are Consejo Shores, Corozal in the North and Hopkins Village and Placencia in the South.

Those looking for real estate in these communities can find luxury North American style homes for a high price tag, or buy land or even rent modestly-sized homes for a fraction of that cost for as little as US $300 per month.

Of course, like every other country, there are scam artists in Belize as well. Ensure that you always get help from licensed Belize real estate agents like those from the Belize Real Estate Brokerage and Belize lawyers like Marin Young and Courtenay Coye LLP. Feel free to take your time with- or walk away from any transaction that you feel unsure about.

Scams are not only done in the buying phase. Property managers can also be untrustworthy. You may leave them in charge of the maintenance and upkeep of your property, and upon your return find out that your money was used inappropriately. Always do your research on any one you do business with and try to get reviews or recommendations from people you know to make the process easier.

In order to conduct a legitimate real estate transaction in Belize, a title search needs to be done at the Government Land Registry office to ensure that the property you want to purchase is free from any liens and encumbrances.

To save on extra fees and charges when buying Belize real estate, you can always bypass using a real estate broker and go about searching for homes in the market on your own. Check the local newspapers and talk to the neighbors already living in your desired neighborhood to find out of any homes for sale in the area and get contacts to the current home owners. From there you can do the home tours and price negotiations yourself. You’ll still need the help of an attorney to do the title search and prepare the closing documents.

The ideal way of owning real estate in Belize is with a Free and Clear Title. This title can be issued for land and condos. Condos are purchased through a strata title.

Property in Belize can be mortgaged through a bank or credit union.

Most property prices are listed in US dollars.

The turn around time for purchasing real estate in Belize is normally between 30 to 90 days.

Belize Real Estate Financing

Belize has many offshore financial institutions, like International Corporate Services and Belize Corporate Services, that provide financing to foreigners in US dollars. These institutions provide a maximum of 60 to 80% of the total property price with interest rates of approximately 8 to 12%.

Although it may be cheaper to purchase property in Belize using your own money or with financing from a bank in your home country, there are advantages to getting a mortgage from a local bank. When you borrow for your property from a bank in Belize, these banks have in-house attorneys who conduct their own due diligence on the property before they approve the loan, so you can be sure that your transaction is genuine.

Another option is to purchase a home where the seller provides financing (owner financing). The owner financing conditions are normally flexible but they may require a high down payment and a short repayment period.

Belize Property Taxes

Belize real estate owners enjoy very low property taxes. These already low taxes get even lower in rural areas. For a mansion-sized home in rural villages in Northern Belize have property taxes lower than US $10 per year.

Where to Buy Belize Real Estate

The most important factor for determining how much property will cost remains the same in Belize as across the globe- location, location, location! Property closest to the urban city centers and along the coast will always be higher priced than properties inland in the more rural areas.

Real Estate prices are highest specifically in Ambergris Caye because of its prominent location just minutes away from the barrier reef and Belize City.

You can find more affordable properties that are still beach front in areas like Placencia or villages closer to the Sittee River in southern Belize.

Most expats find it easier to settle close to the northern and southern borders as it makes travelling to more developed countries like Mexico  and Guatemala much easier. These countries provide more modern amenities at a sometimes lower price that are commonly found in first world countries. Cayo, in the west, is also growing popular as an expat community. For properties in Cayo visit Hesed Realty Belize.

Foreclosures are a great way to find prime property at a very reasonable price. You can find these properties in the local newspapers or on the local banks’ websites.

Exploring Southern Belize

Belize is every vacationer’s dream and paradise to those that live here. It has a multitude of activities to please the most adventurous to the calmest visitors and all in between. The special thing about Belize is that these varying activities can often times be found very close to one another, often providing guests with a “best of both worlds” experience. Who wouldn’t want to call a place like this home?

A great place to get a “best of both worlds” experience would be in Southern Belize. There are many destinations and activities to enjoy in the South from the rich culture in villages like Hopkins or Placencia to tours of ancient Mayan ruins to off-the-beaten path experiences in the offshore cayes (islands).

Hopkins

Hopkins is a small Garifuna fishing village in the Dangriga district. Because Hopkins is still a rural village it is home to many Garifuna locals with very few businesses. This allows guests to enjoy the abundance of culture here. They can mix and mingle with the locals to get a feel of a more “simple” way of life. Visitors can sample delicious native dishes like the Hudut(mashed plantains) and Serre (a fish stew); as well as learn to play the Garifuna drums from the best drummers in the country.

The local lifestyle in Hopkins is the only “simple” thing about this village though, as its scenery is breath-taking with an abundance of wildlife always around. Because there aren’t many tourists always in the area, the beach remains pristine and hardly ever crowded. The Sarstoon River merges into the Caribbean Sea nearby which makes Hopkins an excellent spot to watch for manatees. Frigate birds also frequent this area.

Hopkins Belize

Attractions

  • Culture-rich village
  • Mingle with locals
  • Fishing
  • Garifuna Drum Lessons
  • Secluded beach
  • Manatee and Birdwatching

Placencia

Placencia is like Hopkins’ older sibling as it is larger in size, population and activities. With 16 miles of beautiful beachfront and crystal clear waters, Placencia is great for swimming, snorkeling, diving and fishing. Here, you can find many restaurants providing local and international cuisine. It is more of a tourist destination, so there are many different kinds of accommodations here ranging from the very affordable to luxury rooms and suites.

Because of its near proximity to the Great Barrier Reef and Cockscomb Basin, there are many tour operators in the village to take you on adventurous marine expeditions as well as inland rainforest tours.

Placencia Belize

Attractions

  • Fishing
  • Snorkeling
  • Diving
  • Swimming
  • Lots of Restuarants, bars and hotels
  • Guided tours to the Great Barrier Reef & Rainforest

Mayan Sites

There are many Maya Ruins nearby for visitors to explore. Some of the more popular ones are Nim Li Punit, Lubantun, and Uxbenka. Nim Li Punit is a relatively small site but has a lot of stele- a total of 26 were found at the site. Nim Li Punit got its name from a carving of a figure on one of the longest stele that wore an elaborate head-dress. In Maya Kekchi Nim Li Punit means “big hat”. At the visitor center, guests can see many artifacts on display of Mayan customs, dresses, food, dance and language.

Lubaantun is the largest Maya site in Southern Belize and is known for its unusual construction style as it is made of limestone blocks which are connected using no mortar to bind them together. Lubaantuun means “place of the fallen rocks” since some blocks began to tumble because they had nothing holding them in place. This site is believed to have been an administrative, religious, political and commercial center which was used for festivals, ball games and other sacred ceremonies.

Uxbenka, whose name means “ancient place”, is one of the oldest sites believed to have been built in the early classic period.  There were seven steles found here. This Maya site consists of one main plaza on top of a hill with smaller plazas lower down the slopes and at the base of the hill. Six structures surround the edges of the central plaza.

Lubaantun Belize Maya ruin

Attractions

  • Rich history
  • Bird Watching
  • Nature Trails
  • Hiking

Cayes

There are two main sets of cayes (islands) in Southern Belize – Snake Cayes and Sapodilla Cayes Marine Reserve. Snake Cayes are made up of four different cayes: West Snake caye, Middle Snake Caye, East Snake Caye and South Snake Caye.

This set of cayes got its name from the abundance of Boa Constrictors that once lived there. Now, East Snake Caye serves as a Lighthouse landmark guiding nearby boats, Middle Snake Caye is in a preservation zone and is known for its birdlife, West Snake Caye is the most popular for swimming and snorkeling, and South Snake Caye has no beach but is a great diving spot for local fishermen to catch lobster and troll for barracudas.

Sapodilla Cayes consist of 125sq. km. of 14 sand and mangrove cayes along the Southern tip of the Belize Barrier Reef. There is an abundance of fish in this area like Jacks, Spadefish, Angelfish, Parrotfish and Snappers. One of the islands with perhaps the most beautiful beach in Belize is Hunting Caye. This Caye is also a main nesting site for Turtles.

Other cayes in the marine reserve, like Lime Caye, Frank’s Caye and Nicholas Caye, entertain tourists with aquatic activities like kayaking, snorkeling and diving. They also provide accommodations onsite.

Lime Caye Belize

Attractions

  • Bird and manatee Watching
  • Turtle Watching
  • Fishing
  • Diving
  • Snorkelling
  • Kayaking
  • Boating

Don’t just take our word for it, come experience Belize for yourself!

Places that make your visit or move to Belize easier: