Belize real estate market heats up

“Belize has yet to be discovered [by investors],” Dayan explains. “There is so much potential for growth, new businesses and ventures, and the prices are relatively low compared to other Caribbean regions.”

The country’s top markets include the Cayo district, which includes Belmopan city, Belize’s capital. Dayan notes that this area has resonated well with tenants who are interested in eco-tourism.

“I would say that the Cayo district would be the number one place to go,” says Dayan. “The return on investment in this area is very good because people are just beginning to discover it, and it’s a great place to attract eco-tourists."

San Pedro is another hot area. This city, notes Dayan, is known to be a big hit with vacationers. “San Pedro is one of the most visited areas in Belize,” she says. “The main attraction there is the beaches. From an investment point of view, it’s a great place because you would have [tenants] pretty much all year long.”

Many countries have strict rules for foreign business. These rules often discourage buyers from entering their markets, and can create headaches for those who already have.

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