The Belize economy has been sustained mainly by agriculture for several centuries but tourism and construction are also contributing significantly to the economic growth of Belize. The low population density has led to vast tracts of vacant lands and properties that had been underutilized. Hence, the Belize real estate listings that include Belize real estate for sale and Belize rentals offer huge opportunities and potentials for local and international real estate investors. The chief attractions of real estate in Belize are the English speaking population, growing economy, and a stable government. Further, the cost of living in Belize is quite low and the quality of life is significantly higher than several other countries. Due to the large availability of land and properties, the prices are still low compared to standards of international real estate for sale.
Belize is one of best havens for tax shelter options. The country does not impose either capital gains tax or inheritance taxes. Even the property taxes are among the lowest in the world at 1% of the Belize real estate market value for all undeveloped land or properties. Hence, on $10,000 land, the property taxes would amount to only $100 per annum. Transfer of property titles also do not cost much, with the closing costs also very low. There are no hidden charges or fees in Belize on property transactions.
Belize real estate for sale includes attractive property offers like complete hotels, shopping plazas, commercial complexes, condos, entire resorts with additional vacant lands, inns, and even a whole island. The prices of such variety of properties are highly reasonable. For example, a hotel property with 28 furnished rooms, restaurant, bar, and swimming pool is available in the range of $2,000,000 to $2,500,000. A commercial building on 2 lots is priced at $125,000. A 5,000 acre land costs around $2,000,000. Rental properties are also available at incredibly low prices in the range of $500 to $1,000 a month for built-in areas ranging between 1,500 and 2,000 sq. ft. As such, Investors of international real estate should seize the golden opportunity of purchasing Belize real estate for sale or Belize Rentals for obtaining significant profit within a few years. Belize is an ideal place for parking money in international real estate listings.
Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Belize real estate for sale and Belize rentals. Mexico real estate owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.