A Real Estate Guide for Belize Real Estate
Posted August 12, 2018 03:31:47 Belize is the sixth-largest country in the world and the fourth-largest in South America.
Belizean real estate is a diverse collection of properties, ranging from historic mansions to modern urban residences.
The country has a relatively high percentage of indigenous peoples and the majority of Belizeans live on land in the mountains, while others live in cities.
Belizedan realtor Joel Garcia recently shared his Top 10 Real Estate Tips for Belizes residents in an article for the Belize Times.
Belizes population is growing.
As of 2016, Belize had a population of 1.1 million.
That number has grown to 2.5 million.
Belises population is changing.
Belizingans population has been steadily growing, from 1.3 million in 1970 to 2 million in 2014.
However, as population increases, it has become harder to keep pace with population growth.
The economy is changing too.
With the rise of the Internet and technology, Belizes real estate market is changing faster than ever.
The market is shifting more and more towards digital and social buying.
The growth of the internet and mobile internet has allowed for more buyers to find bargains.
The cost of living is rising.
The average price of a home in Belize has gone up by over 300 percent since 2011.
The number of foreign residents is increasing.
The amount of foreign nationals residing in Belizes is increasing, from 4.5 percent in the early 1990s to 8 percent in 2016.
There is a shortage of housing in Belizer.
The current population of Belizes homes is less than half the size of the number of people who lived there in 1970.
However the number that are currently living in Belizas homes is still quite high.
Belizer has some of the best local restaurants in the country.
Belizans food is often considered to be the best in the nation, and this is especially true of the city of Belmopan.
Belmopans best restaurants include, Cinco de Mayo, Belly, Pancho’s, La Casa de Bambino, and many others.
The weather is ideal for Belizingan vacationers.
In July, Belizants weather was so sunny that locals were often out in the fields to prepare for their holiday.
Belization has the best tourism industry in the World.
Belicostis tourism industry has a very large budget, with more than 20 million visitors a year.
Tourism in Belis a large part of Belizana’s economy, with the average number of tourists traveling to the country a whopping 1.6 million a year and the number who visit Belis cities is increasing as well.
There are plenty of things to do in Belmopana.
Belis most popular attractions include beaches, museums, shopping malls, and restaurants.
The Belmopane area has many of the same attractions as Belize, including the National Museum, the Museum of Modern Art, and the National Historical Museum.
However Belis tourism is also a large portion of Belicos GDP, accounting for over 10 percent of Belican GDP.