Property Prices in Belize

Index Info
Price to Income Ratio: 5.73
Mortgage as Percentage of Income: 73.34%
Loan Affordability Index: 1.36
Price to Rent Ratio - City Centre: 12.30
Price to Rent Ratio - Outside of Centre: 19.69
Gross Rental Yield (City Centre): 8.13%
Gross Rental Yield (Outside of Centre): 5.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 369.98 $ 223.29-700.00
Apartment (1 bedroom) Outside of Centre 243.76 $ 148.91-500.00
Apartment (3 bedrooms) in City Centre 768.53 $ 396.99-1,500.00
Apartment (3 bedrooms) Outside of Centre 532.34 $ 250.30-1,100.00
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) 963.68 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 10.00-15.00

These data are based on 92 entries in the past 18 months from 19 different contributors.
Last update: September 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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