Monthly Rentals in Belize
Ambergris Caye is the most popular, but also the most expensive, place for retirees to live in Belize. It’s a tourist center, well known among the scuba diving fraternity. There is a constant flow of American, Canadian and European tourists, together with many retirees from those regions. The island is just south of the Yucatan Peninsula, with a population estimated at 10, 000
San Pedro is the only town on the island. It has three main streets – none of which are paved - two Catholic and several Protestant churches, numerous small, but well stocked grocery stores and many good restaurants. While some residents own cars, the most common form of transportation on the island is the gas driven golf cart. There is a small airport which offers a reasonably priced service, several times a day, to the Belize mainland, as well as a regular passenger boat service to Caye Caulker and Belize City.
Real estate costs, together with those in Belize City, are the highest in the country. In some parts, the asking price for beachfront lots can go as high as US$ 6 million, though the typical range is $50, 000 to $300, 000. Condominiums go for $120, 000 to $400, 000, houses for $150, 000 to $500, 000. Many properties are being offered at somewhat unrealistic prices, given the present financial situation. Vendors in Belize have been slow to recognize the downturn as being potentially a long term one. The market will adjust and deals are certainly possible. The rental marked is expensive because of the demand from local and tourist visitors, as well as from medical students who come to study at St. Matthew's University. Typical long term agreement rentals are $300 to $1, 500 per month, for a one or two-bedroom apartment, and $500 to $2, 500 per month for a house. At the same there are many options to stay in a nice hotel, such as Boracay-Hotels.net.
Though not frequently affected by hurricanes, Ambergris Caye was struck by Hurricane ‘Keith’ in late September, 2000. Hurricanes are a fact of life in the Caribbean, however, the local communities have developed the skills – and the composure – required to cope with and recover from them fairly quickly.
While most travelers to Belize tend not to visit Corozal, or pass through quickly en route to Mexico, Corozal Town and nearby Consejo village have a great deal to offer. The ‘locals’ are friendly and the blue waters of Corozal Bay, with its white, sandy beaches, are a great attraction. The Mexican City of Chetumal is an hour’s drive across the border, offering the opportunity for shopping at several, North American style big box stores, such as Sam’s Club.
Sugarcane is the main crop, and trucks groaning beneath the weight of this season’s production are a frequent sight on the Northern Highway. The climate is generally mild and rainfall is lower than almost anywhere else in Belize. The population is a mix of Mestizos, Creoles, Maya, Chinese, East Indians, North Americans and Europeans.
Real estate prices in Corozal are among the lowest in Belize, with North American style homes, with three or four bedrooms in Corozal Town or Consejo Shores, available for $75, 000-$200, 000. Belize-style homes [typically concrete built, or wooden framed with wooden siding can be purchased at less than $25, 000. Waterfront lots are $35, 000 or less, while those with views of the bay are $10, 000-$15, 000. Rental properties are relatively inexpensive, too. A modern Belizean-style house would cost in the region of $100-$200 per month to rent, while $300-$700 would provide a modern American-style house.
Cayo District - Western Belize
The Administrative Region known as ‘Cayo’ is the agricultural heartland of Belize. The major towns are San Ignacio, with a population of about 12, 000, about 10 miles from the Guatemala border, and Belmopan, the Capital of Belize, with a population of around 6, 000.
The country’s most accessible Maya ruins, Xunantunich and Cahal Peche, were built here twelve centuries ago at the confluence of the Macal and Mopan rivers. Caracol, a Mayan city larger even than Tikal lies forty miles to the south. San Ignacio has grown over the past twenty years from a few tourist lodges to a bustling center for tourism and agriculture. There is a large Mennonite community close by at Spanish Lookout, specializing in the manufacture of pre-fabricated, wood-built houses and furniture. The Mennonite’s are also heavily involved in agriculture. The breed of cattle they raise, along with sheep and goats, is the Brahma. San Ignacio’s population is largely Hispanic, though there are also Chinese, Creole and descendents of the Maya present in significant numbers. Caracol is reached by the road leading to the Mountain Pine Ridge Forest Preserve and Lodge, as well as the ‘Thousand Foot Waterfall’.
Between Belize City and San Ignacio, lies Belmopan, the new capital of Belize. The Government of Belize was forced to abandon its former residence in Belize City after Hurricane Hattie struck in 1961. The U.S. Embassy, the British High Commission and the consulates for Brazil, Costa Rica, El Salvador, India, Mexico and Venezuela are located here. Most of the other national consulates, including the Swedish and German, are still located in Belize City. The Czech Republic Consulate is located in Orange walk – a 90 minute drive north from Belize City.
South from Belmopan, along the scenic Hummingbird Highway, are barely explored caves, wild rivers and national parks. Small farms are still available for sale at between $10, 000 and $50, 000.