Property Prices in Belize

Index Info
Price to Income Ratio: 6.51
Mortgage as Percentage of Income: 88.76%
Loan Affordability Index: 1.13
Price to Rent Ratio - City Centre: 17.81
Price to Rent Ratio - Outside of Centre: 19.08
Gross Rental Yield (City Centre): 5.61%
Gross Rental Yield (Outside of Centre): 5.24%
Rent Per Month
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Apartment (1 bedroom) in City Centre 406.77 $ 198.40-800.00
Apartment (1 bedroom) Outside of Centre 308.90 $ 148.91-700.00
Apartment (3 bedrooms) in City Centre 743.05 $ 471.04-1,250.00
Apartment (3 bedrooms) Outside of Centre 637.45 $ 347.09-1,250.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 147.86 $ 18.58-250.00
Price per Square Feet to Buy Apartment Outside of Centre 127.33 $ 107.00-150.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,137.52 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.50 10.00-15.00

These data are based on 67 entries in the past 18 months from 18 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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