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Why Invest?Country ProfileCity List |
Belize » Rental Market Rental levels in Belize vary widely, being highest on Ambergris Caye and in Belize City. In upscale areas of Belize City, you can expect to pay around US$.80 to $1.50 per square foot per month, or about US$800 to $1,500 a month for a 1,000 sq. ft. two-bedroom apartment. On Ambergris Caye, a one-bedroom apartment goes for US$350 to $900 and a two-bedroom US$650 to $1,500. Elsewhere, rentals are much lower.
In rural areas and low-cost towns such as Corozal, you can find a small house in a safe area for under US$250 a month and sometimes for one-half that amount. There are some expats in Corozal who rent for under US$100 a month, and while their homes are not fancy they are comfortable, typically of concrete block construction with a couple of small bedrooms, bath, a living room and a kitchen with stove and refrigerator. In all areas, North American style housing with modern appliances and security will be many times more expensive than a traditional Belize rental, simple concrete or wood house, with only basic amenities and probably no appliances except for a butane stove and a small fridge. If you're coming to Belize on a scouting expedition of a few weeks to a few months, consider a short-term rental. Staying in a house or apartment rather than in a hotel can help you decide if Belize is really for you. However, in most areas, you can find a hotel with housekeeping facilities.
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