Property Prices in Belize

Index Info
Price to Income Ratio: 5.52
Mortgage as Percentage of Income: 75.21%
Loan Affordability Index: 1.33
Price to Rent Ratio - City Centre: 11.04
Price to Rent Ratio - Outside of Centre: 21.74
Gross Rental Yield (City Centre): 9.06%
Gross Rental Yield (Outside of Centre): 4.60%
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 249.23 $ 148.91-450.00
Apartment (3 bedrooms) in City Centre 834.83 $ 471.04-1,500.00
Apartment (3 bedrooms) Outside of Centre 504.72 $ 347.09-1,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 96.79 $ 18.58-175.00
Price per Square Feet to Buy Apartment Outside of Centre 116.00 $ 107.00-125.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,037.99 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.50 10.00-15.00

These data are based on 66 entries in the past 18 months from 18 different contributors.
Last update: March 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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