Home | Finding Property | Deeds, Titles, & Paperwork. The island has one of the Caribbeans hottest emerging real estate markets, offering a good value alternative to Cancun or Cabo San Lucas. http://belizesecretbeach.com/wp-content/uploads/2017/08/belize-secret-beach-logo-transparent-bg-1.png, https://belizesecretbeach.com/wp-content/uploads/2018/09/73d806cd5f6a1db61bd9b486f1850143.jpg, Street 1, Mahogany Bay Village, San Pedro Town, Ambergris Caye, Belize, Top Reasons to Purchase Property in Belize, Top Reasons to Invest in Belize Real Estate, Benefits of Buying a Vacation Home in Belize, Advantages to Owning Belize Property in an IBC, Real Estate Transaction Growth in Belize 2019 to 2021, Buying Land & Building vs Buying a Resale Property, Owning a Home vs Owning a Condo in Belize, Belize Market Data to Maximize Real Estate Investment Cashflow. Well guide you through the requirements for purchasing island property. 0.5 Miles South Of San Pedro Town, Ambergris Caye, Belize City 8 USD $35,000 USD $35,000 Land About 4,500.00 sq ft 3 Miles West of San Pedro Town, Ambergris Caye, Belize City 9 USD $51,000. You will be asked to submit legal documents that authenticate your identity and creditworthiness. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Read more: Condos for sale with financing in Akumal, Mexico View similar properties: Riviera Maya real estate, Condos for Sale, Akumal, Riviera Maya, Mexico. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. This cookie is native to PHP applications. Finance terms are a minimum of 10% down ($5,000) and monthly payments at 6% over a 10 year period . At that time you will be a proud land owner and can visit your Mortgage Specialist to apply for your mortgage. List your property and get it sold! The three-bed condos are generously sized (1,529 to 1,897 square feet), with open-plan interiors, and the communitys residents enjoy use of five pools, a clubhouse, and running and walking paths overlooking the Caribbean Sea. These lots in Grand Mayan Estates have appreciated quite well over the years, and now were starting to see the area explode with new homes. The seller-finance loan agreement is filed along with transfer and deed forms with the lands department in Belize to protect both buyers and sellers. Owning land as a "freehold" or with a "fee simple title" allows you the ability to live in, lease out, possess, or bequeath the land as you see fit. But it neednt just be a dream that can be enjoyed by the cash-rich as local lenders come to the fore with competitive deals to attract overseas buyers. With a dedicated Marine Park and a stunning barrier reef that is full of aquatic life, Ambergris Caye is one of the best places to invest. 1 Baths, 3 Bedrooms The collateral can be cash or another property that you already own in Belize. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Securities offered will only be offered by the officers and directors of the general partners of in accordance with and pursuant to available exemptions from the registration requirements of applicable securities laws. The terms are short with high-interest rates and down payment requirements. The island is located off the eastern shore of Belize and is home to a population of around 18,000 people, although that number can fluctuate during the high season (November to May) as non-permanent residents flock to the island. Belize Bank is the ideal place to fully prepare and educate yourself about first time home ownership. This is neither an offer to sell nor a solicitation of an offer to buy any security, which can be made only by a Confidential Private Placement Memorandum (PPM). Tick. These are three easy and efficient methods for financing the purchase of a property in Belize. Offshore banks offer mortgage loans to non-residents onmore favorable termsthan loans available through local financing. It allows the website owner to implement or change the website's content in real-time. Get exclusive real estate financing in Belize. Alternatively, you can seek financing back homea great option if its easier for you to find a line of equity stateside. You can trust our advice because its based on personal experience. Finding your dream Caribbean property is the first, and most fun, part. Sign up to receive Belize email newsletters and be the first to learn about off-market listings, open houses, exclusive events, research & market reports, and more. The best financial option available to expats who want to buy property in Belize is a residential loan. Only a short 20-minute drive from Punta Gorda Town, this Belize property is walk-in ready, with a huge host of local plants; fruit trees, herbs, and medicinal plants. Waterfront. At Belize Happy Adventures we collaborate with real estate professionals who offer knowledge of the local Belize real estate market as well as expertise in international real estate. For example, while the property in your IRA can be rented to others, you cant rent it out to family (siblings are an exemption, strangely enough). You shouldnt find it difficult to get a bank to agree to finance the purchase of the property if youre from the U.S., provided you have a good credit score. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The Belize Bank First Time Home Ownership Program can make acquiring your home a whole lot easier, because wewill get you started with 100% financing for the purchase of your land. Investing in a property in Belize is a good idea as its going to pay off handsomely for you over years to come, as the value of current properties is relatively low and has seen and is forecasted for significant growth. Analytical cookies are used to understand how visitors interact with the website. It does not store any personal data. A rare opportunity to purchase new-build, contemporary super studio apartments within a gated development in the Jamaican capital of Kingston, with bank financing available from various local providers. If so, don't overlook the Grand Belizean Estates subdivision that is just a mile from the booming Secret Beach area of the island. The best time to purchase these properties is now before the develo [], If you have every been to Ambergris Caye you have most likely heard of Secret Beach. The mortgage specialist will pre-approve the mortgage amount that you qualify for based on your income. Atlantic International Bank offers home loans to qualified buyers with a 9% interest rate and for up to 60% loan to value, payable over approximately 20 years. By far themost convenient and popular form of real estate financingin Belize is owner financing (aka seller-carried) where the seller offers owner financing to the buyer of the property offered for sale. Are you considering investing in a property in Belize? The cookie is used to store the user consent for the cookies in the category "Analytics". The resort also offers something new for Ambergris Caye: bank financing options for buyers, opening up its real estate offering to a far wider range of investors. Term Purchases- Buying on Time. Residents amenities include tennis and basketball courts, concierge services, 24/7 security and a beach club, and all villas come with ocean views. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. Set up an account at the bank where youre considering applying for a loan. Whether you have been to the island many times, are planning your first visit, or would like to invest in Ambergris Caye from the comfort of your home, we are available to help you find a property that meets your needs and exceeds your expectations. Under this setup, you could, in theory, collect decades worth of rental income and not pay one penny in taxes. Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. I am Will Mitchell of REMAX Belize Secret Beach. Become an owner and become a part of Belize! Located in historic San Pedro, Alaia Belize offers guests easy access to town via golf cart, inviting them to immerse themselves in the local culture. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. This means the seller gets paid in installments, with the down payment set at 30% to 40%. Will has helped several people find their dream home in Belize. A construction loan is available until the villa is built and then qualified investors are eligible for a loan from Scotia Bank, with rates likely to be around 6% over a 15-year term. Local loans carry fixed terms of only 12 months. 100% Financing for Land with Pre-approved Mortgage. PLUS we can get them the financing they need to buy on the island. There are three banks in Belize that offer Residential Loans to expats or international investors. Each lot measures 68' x 85' these are large lots with main road access. depreciation, capital gains, tax-deferring exchanges) can hold rental real estate in an IRA to avoid taxesprovided the investment has not been distributed to the IRA owner. , Strata Titles Registration Act, Chapter196, of the Laws of Belize. Whether youre looking for an investment property or to relocate to Belize full or part-time, our concierge services will support you every step of the way. Financing Considerations | Building in Paradise | Upkeep | Latest News. This means the seller gets paid in installments, with the down payment set at 30% to 40%. One of the questions that are sure to come up when you are considering a place to call home is whether you should build your own home or rent. Thankfully, there are a few financing options out there, even for non-residents. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. This manicured land has its own unexplored Maya site to the back and a beautiful freshwater stream running through the property. Are you considering investing in a second home or holiday property in Belize? 301 Properties Sort by: Default Order Buy Active US $250,000 BZ$500,000 Based on the mortgage payment, you will be informed of the maximum amount you can borrow to acquire your land. Each lot is $35,000. Belize is an attractive destination for foreigners looking to acquire a vacation home or investment property. This field is for validation purposes and should be left unchanged. These risks can be significant and can result in, among other things, the Fund not realizing its objectives, including the payment of the preferred return and other cash distributions to investors, and may also result in the loss of all or a portion of an investors invested capital. IF YOU WOULD LIKE MORE INFORMATION on buying property in Belize, or to contact Diane or her husband Bob Campbell, click here . Search from a wide selection of vacant land for sale in Belize including waterfront land, large acreages, farm land, ranches commercial and residential lots and massive seafront estates. New listings near Waterfront at Secret Beach with owner financing Palmaya Woods - Parcel#10329 & 10330, Belize $45,000 USD A 5 Beachfront Venezia Del Caribe, San Pedro Town $1,600,000 USD 3 Beds 3 Baths Grand Mayan Estates - Parcel #10700, Belize $33,500 USD 5K Oversized Lot with Main Boulevard Frontage, Belize $52,500 USD These loans are offered to individuals or IBCs (International Business Companies). New listings near Seller Financing Condo for sale on Ambergris Caye Island Sky Villa at Mahogany Bay Village, Belize $1,250,000 USD 4 Beds 4 Baths 3 Bedroom Beachview Penthouse, Belize $1,100,520 USD 3 Beds 3 Baths The Forsythia - Luxury 1 bed 1.5 bath 2nd floor ocean view residence, Belize $378,930 USD 1 Beds 1 Baths Belize is after all one of the most beautiful countries in the world, known for its picturesque beaches, amazing Mayan ruins, and a diverse culture. Its a haven for those who like their boats, with a full-service marina on tap in the yacht club. Make no mistake investing in Belize property is a smart move which will make you a lot of money over the years, in rental income and as a big profit when you sell the house in the future. To provide visitors with relevant ads and marketing campaigns understand how visitors interact the... We can get them the financing they need to buy property in Belize high-interest rates down. 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