Rental yields in Belize
Gross yield is a year of the median local rent over the median local asking price. It is a rough guide to how the two markets sit relative to each other, and today the widest gap is in Ambergris Caye at 12%. It is not a return: it takes no account of costs, voids, tax or what the place actually sells for.
By size
| Bedrooms | Median asking price | Median rent | Gross yield |
|---|---|---|---|
| 1 bed | $235,000 | $1,000 pcm | 5.1% |
| 2 bed | $395,000 | $1,700 pcm | 5.2% |
| 3 bed | $350,000 | $1,400 pcm | 4.8% |
| 4 bed | $440,000 | $3,500 pcm | 9.5% |
By area
| Area | Median asking | Median rent | Gross yield |
|---|---|---|---|
| Ambergris Caye | $200,000 | $2,000 pcm | 12% |
| Belize City | $199,500 | $1,750 pcm | 10.5% |
| Belize | $375,000 | $2,800 pcm | 9% |
| Ladyville | $245,025 | $1,250 pcm | 6.1% |
| Belmopan | $225,000 | $1,100 pcm | 5.9% |
| Santa Elena | $147,500 | $600 pcm | 4.9% |
| Hopkins | $300,000 | $1,000 pcm | 4% |
| San Pedro Town | $389,000 | $950 pcm | 2.9% |
While you are here
What things cost
Which bedroom costs the most in Belize?
Going from 1 bedrooms to 2 adds $160,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 2-bed house is not a 1-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom.
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The market
How concentrated is Belize's market?
Three agents hold 38% of everything advertised — 426, 324, 296 listings out of 2,734. 25 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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The market
Do agents agree on what a house is worth?
69 properties are marketed by more than one agent here. Both figures are published as given.
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Everything the data says about Belize
More ways into Belize
Yields outside 1–12% are suppressed everywhere on this site: they are almost always a holiday let priced by the night being read as a monthly rent.