Property Prices in Belize

Index Info
Price to Income Ratio: 6.19
Mortgage as Percentage of Income: 72.65%
Loan Affordability Index: 1.38
Price to Rent Ratio - City Centre: 12.10
Price to Rent Ratio - Outside of Centre: 17.93
Gross Rental Yield (City Centre): 8.26%
Gross Rental Yield (Outside of Centre): 5.58%
Rent Per Month
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Apartment (1 bedroom) in City Centre 356.25 $ 228.42-700.00
Apartment (1 bedroom) Outside of Centre 263.08 $ 148.91-500.00
Apartment (3 bedrooms) in City Centre 824.80 $ 396.99-1,500.00
Apartment (3 bedrooms) Outside of Centre 594.81 $ 347.09-1,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 98.63 $ 46.45-175.00
Price per Square Feet to Buy Apartment Outside of Centre 106.62 $ 87.85-125.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 892.52 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.20 8.00-15.00

These data are based on 99 entries in the past 18 months from 19 different contributors.
Last update: December 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References
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