Coconut Dr, San Pedro, Belize, San Pedro, BZ
This 2bed 2.5bath condo located…
$800,000
Yes, foreigners can buy condos in Belize with full freehold ownership rights, the same as citizens—no restrictions on beachfront, land, or number of properties. Condominium title is common and straightforward. English is official, simplifying the process for expats and investors in 2026.
Condo prices vary by location. One-bedroom units start around $118,000. Two-bedroom condos range $175,000–$400,000 in coastal spots. Luxury waterfront condos on Ambergris Caye reach $500,000–$1M+, with ongoing upward trends in popular areas driven by tourism growth in 2026.
Foreigners sign a sales agreement, pay a deposit (often 10%), and hire a Belizean attorney for due diligence/title search. Closing involves paying stamp duty and fees; the process takes 30–90 days typically. You don’t need to be present—many handle it remotely.
Foreigners pay 8% stamp duty on the purchase price. Add legal fees (~1–2%), registration, and closing costs (total 10%). Ongoing condo-specific: monthly HOA/maintenance fees $150–$450 for amenities, plus low property taxes (less than $500US/yr). No capital gains taxes in Belize.
Ambergris Caye tops for beachfront condos, tourism, and rentals (vibrant San Pedro). Placencia offers relaxed beaches and growth. Caye Caulker appeals for affordable options. These coastal areas dominate the condo market in 2026 for value, lifestyle, and investment potential.
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Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
Andrew Carnegie, billionaire industrialist