Commercial real estate agency today in Belize with Ambergris Caye Real Estate: Vacation Rentals & Cash Flow: Belize is an emerging market that has not seen the overflow of hotel developments. There are also no rent controls or restrictions on vacation rentals, creating cash flow investment opportunities. Our regional office is located in San Pedro Town on Ambergris Caye, Belize. If you are looking to secure your dream home in paradise or invest in one of the top emerging markets in the region, RE/MAX Belize Real Estate is here for you. Read extra info on Belize real estate.
Real estate transactions in Belize are in US dollars and use a US escrow agent or account (a US account or US intermediary is needed for any transaction in USD). The closing costs are paid by the buyer. The seller is responsible for the real estate fee and commission. All money is sent to a US escrow and a closing company releases funds upon closing. When an offer or sales agreement is submitted a down payment for escrow is required. If it’s a cash sale, it will be the entire balance on the property which will go to escrow during the closing process. If it is a financing agreement, the down payment (20% to 25%) will be sent to escrow during the closing process.
If you’ve bought land or a house in Belize, it’s likely you own the property outright with a fee-simple title. If you own a property with a fee-simple title you will have a physical copy of the land title from the Belize Department of Lands. A fee-simple title is the strongest form of property ownership and means that you own the “real property”. Belize is one of the few countries in the Caribbean & Central American region that allows for full foreign ownership with a fee-simple title.
The farthest from shore of Belize’s three atolls, Lighthouse Reef Atoll is nirvana for nature-lovers and divers. Six cayes surround a turquoise lagoon with gleaming white-sand beaches, coconut palms, and fascinating coral formations. The top draw here is the famous Great Blue Hole, a UNESCO World Heritage Site and Natural Monument. Plunging into the sapphire-toned sinkhole, divers can see bizarre limestone stalactites protruding from the steep walls, and if they’re lucky, the resident school of reef sharks. Half Moon Caye is the most visited caye of the atoll. Also a World Heritage site, the Half Moon Caye Natural Monument is a bird sanctuary that shelters a colony of about 4,000 red-footed boobies and many other species of birds. Nature trails lead to observation platforms with bird’s-eye views of nesting boobies and frigate birds. Visitors can also explore the island’s lighthouse and relax on the beautiful beaches, while divers love the excellent wall dives and abundant marine life around the island.
Belize attractions and climate makes purchasing a property here a tempting thought. Imagine living permanently there… the joy. Belize real estate is best-kept secret for affordable beach property. Prime frontline beach property for under $300,000? Yes, it is very true and available. Belize is a small country on the Eastern coast of Central America. It is an increasingly popular tourist destination for people looking for unique experiences away from the usual crowded Caribbean destinations. Real estate insiders have long known that prime Belize real estate on the coastline such as Ambergris Caye Real Estate would be very much sought after. Other popular spots are Corozal district and Palencia.
Belize is a very easy country to travel to and US & Canadian travelers do not require any visas when traveling to Belize. Actually, most countries and passports are able to travel to Belize freely and without a visa for 30 days. If you are visiting Belize as a tourist, you do not require a visa. When you enter Belize, you are issued a 30-day tourist visa in your passport. If visitors planning to stay longer than 30 days, they must have their passport re-stamped by a local immigration office. If you are extending your Belize stay longer than 30 days, the passport must be issued a new stamp, and pay an additional fee for every additional month they wish to stay. Visitors are able to continue to renew their tourist visa if they want to stay in Belize, without restrictions on length (as long as they get their visa renewed).
There are a lot of opportunities in Belize and a diverse real estate market. In Belize, we do not have a formal MLS, so a real estate agent’s job is a little different. If you are looking at buying or investing in Belize, a Remax Belize real estate agent can help with the search. After the Belize real estate search, and once you find the property you want to purchase, the next step is to put in an offer or draft up an agreement of sale. The real estate agent will require your full name and address to be able to draft up the agreement/offer.
Nobody in Belize sells more real estate than RE/MAX! RE/MAX is #1 in global homes sales with offices in over 115 countries world wide. RE/MAX agents have the highest average number of transaction sides with the highest average commisions. International brand name awareness. From video and television to radio, digital, sponsorship and more. The RE/MAX name is out there working — for you. RE/MAX is the largest and most trusted name in real estate. See extra info on remaxbelizerealestate.com.