BelizeTips for Buying Propery in Sittee River, Belize
By LouieB
An expat in Sittee River, Belize talks about beachfront property prices in Belize, renting before buying, the property-buying process and more.
Popular Areas in Sittee River, Belize for Expats
Hopkins, Sitter River
Searching for a Property in Sittee River, Belize
Find a reputable real estate office
What Your Budget Will Buy You in Sittee River, Belize
A nice home can be purchased under $300,000.
Before You Buy a Property in Sittee River, Belize
Get a long term rental so you have plenty of time to check out properties, locations, and prices. It's helpful to talk to other foreigners who have moved also.
Legal Assistance
We had the real estate agent recommend a lawyer who he was familiar with and who knew we all could work with when we were out of the country.
Costs Involved in Buying a Property
We purchased the land and then built. All included was the brokers fee, lawyer fee, land fee, as well as fees for water and electrical fees. The property tax after we built is only $14.00 a year!
Foreign Property Ownership
No, I don't believe so. Belize is a welcoming country...at least where we live anyway.
5 Best Places to Buy Real Estate in Sittee River, Belize
Depending what a buyer is looking for the the most expensive places are properties right on the beach with pleasant year round sea breezes. Then there are inland properties in the tropical areas for which can include undeveloped land.
Further inland is a farming area called Spanish Lookout which has a varied price range depending on the home and acreage. Northern coastal areas are appealing to those who want to be near Mexico and more shopping. Lastly, a high density touristy area is the island of Ambergris Caye.
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Steps in Buying Property in Sittee River, Belize
First, put an offer and deposit of good faith on a property. When the offer is accepted, request a title search to make sure the property has no incumbrances or liens. after this it's simply important to communicate with the real estate agent and as s/he takes you through the paperwork and processes everything. Actually, at this point it wasn't much different that a purchase US. Patience is paramount!
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