Buyers Guide To Buying Property in Belize

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Island luxury reef hotel resort with overwater Cab

This is a rare opportunity to invest in a turist project, in a 60000 m2 Island in Belize, with a 600 meters golden sands beach front, protected by a coral reef barrier, with turquoise waters and outs... Prices From: £2,756,928

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Is Belize Property Recovering
2011-06-17
It looks as if the property in Belize is recovering after prices dropped in 2008, but as there is no.....

Property in Belize Offering Fantastic Value
2010-08-23
With price reductions of up to 40% property in Belize is offering fantastic value for money.....

Low Priced Belize Property to see Increased Demand
2010-06-22
The reduced price of Belize property will highlight its many other qualities.....

Belize Property Bargains Amass from Developers Relieved the Worst is Over
2009-10-16
Belize property prices saw among the fastest growth in the region, but prices have dropped since the.....

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Guide to Buying Property in Belize

Overview

The Belize Property Market

We are in the process of updating our Guide to Buying Property in Belize. Please check back soon.

Belize Mortgages Options

When considering the options for a Belize mortgage on your overseas property there are a couple of choices to consider:

Do you consider raising finance on your existing property in the UK to cover the whole cost of your purchase abroad? A good idea if the interest rate in the country in question is a lot higher than it is here in the UK as you will pay a lot less in monthly repayments.
Do you secure a mortgage against the property from a local bank in the country of purchase? This can be a wise option especially if the interest rate is lower than our current UK interest rate. Most overseas mortgage / bank lenders will require upto 30% deposit on mortgages. However, you will need to give some thought to how you will service your mortgage payments each month especially if you are not living or earning in that country as you may well lose out on exchanging money each time to cover monthly expenses. Check out our Foreign Currency page to see how you can save money in this example
Some Builders and developers may well offer their own mortgage facilities on their properties for sale. This can be beneficial to both parties depending on the logistics of the mortgage or loan facility. Always check and compare with the two options above before making your final descision.

For more details on Mortgages in Belize visit our Mortgage page in Belize section.

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