AmbergrisCaye.com
North of San Pedro
North of San Pedro
South of San Pedro
South of San Pedro
West of San Pedro
West of San Pedro
Condos on Ambergris Caye
Condos on Ambergris Caye
House on Ambergris Caye
House on Ambergris Caye
Blue Diamond Belize Realtor Belize Real Estate Frequently Asked Questions
Belize Real Estate Listings
Las Terrazas
The forthcoming exclusive island community of Las Terrazas is located on the beaches of Ambergris Caye in Belize and is comprised of 74 separate residences.
An adventurer's paradise, Belize is a peaceful, English-speaking country just two hours away from 3 major U.S. Gateways. Belize has a diversity of adventure opportunities unmatched by any other country. The people of Belize have protected over 40% of the country as parks and natural reserves.
Belize is on the Caribbean coast, nestled between Mexico and Guatemala and offers an intriguing mix of tropical forests rich with wildlife, majestic mountains, mysterious Maya temples, and diving and fishing experiences beyond comparison. In a single day, one can go from tropical forest to the longest barrier reef in the Western Hemisphere.
Solaria
Three fine homes-pool-marina-onsite staff. The
feeling is natural luxury,
the shapes-organic, the
experience- Exquisite.
map of belize
LOCATION & MAP
Belize is located in the Northern Hemisphere, within Central America. Belize is bounded on the North by Mexico, South and West by Guatemala, and the beautiful Caribbean Sea washes its 174 mile coastline to the East.
Merida Home
Brand new concrete home on a 77' X 315' beachfront lot in the Playa Blanca area-Merida Subdivision, approx. 6 miles North of town.
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Blue Diamond Realtor Your Belize real estate guide
About Blue Diamond Belize Realtor Belize Real Estate FAQs
Blue Diamond Realtor, along with its affiliates, is a leading Real Estate company with a wide portfolio of trusted commercial, residential and industrial property experience. Blue Diamond Realtor is owned and operated by sisters, Renira Pollard who holds a mass communication degree from Southeastern University and Janelle Castillo who holds a Bachelor’s Degree in marketing from the University of South Florida, as well as a Master’s degree in Hospitality Management from Florida International University.
Blue Diamond Realtor offers a wide range of services that includes land development, property management and construction management, with an unwavering dedication to quality, asset protection and customer satisfaction. We invite you to experience why Blue Diamond Realtor is one of the best in the industry and see why we have become a trusted resource for investors and homebuyers. We are the very definition of luxury, affordability and reliability.
The Blue Diamond Realtor Promise
With passion, drive and a dedication to excellence, we promise:
* to abide by the very highest standards of quality, service and reliability
* to provide Customer Satisfaction to Homebuyers at every turn
* to earn the trust and faith of our Homeowners one home at a time
* to continue pursuing our mission of ‘Making Homeownership an Affordable Reality.’
We invite you to be a part of our list of satisfied customers. If you are interested in buying or selling a property or would like further information, please call 501-226-3933.
North of San Pedro
North of San Pedro
South of San Pedro
South of San Pedro
West of San Pedro
West of San Pedro
Condos on Ambergris Caye
Condos on Ambergris Caye
Houses on Ambergris Caye
Houses on Ambergris Caye
info@bluediamondbelize.com
Ambergris Caye Properties:
Properties North of San Pedro, Ambergris Caye
North of San Pedro
Properties West of San Pedro, Ambergris Caye
South of San Pedro
Properties West of San Pedro, Ambergris Caye
West of San Pedro
Condos for sale in San Pedro, Ambergris Caye
Condos
Houses for sale in San Pedro Ambergris Caye
Houses
Question: When is the best time to visit Belize?
Answer: The dry season is from Feb - April. High season runs from December to April. The rest of the year is not as
crowded so lodging is usually discounted.
Question: Can a foreigner own property in Belize?
Answer: Yes! A foreigner has the same rights as a Belizean citizen to freehold property ownership since our legal
system is based on British common law.
Question: Are any special permits required for a foreigner to purchase property?
Answer: No. There are no permits, licenses or conditions needed for a foreigner to take title to freehold land in Belize.
Question: How are Ambergris Caye properties titled?
Answer: Properties are titled as follows:
The oldest form of title is taken via a Deed of Conveyance (or Deed of Encumbrance). All lands north of the 'River'
of San Pedro Town are titled via Conveyance.Ownership of a property by Conveyance can be converted to a Transfer
Certificate of Title (TCT) through an application for first registration. A TCT is a physical title, while ownership by Deed of Conveyance is a registered right to ownership of a particular parcel of land. Either form of ownership is equally secure, however it is a little more costly to transfer title on a TCT than on a Deed of Conveyance.
Question: What are typical closing costs?
Answer: The government assesses a 5% stamp tax on the purchase price of the property at the time of the title transfer. The legal fees for title research and title transfer typically run at 2% of the purchase price. Legal fees for drafting and recording an Agreement for Sale and Caution run between $US 300-750. It is customary that the purchaser pays for all closing costs under Belize transactions.
Question: Are Purchases made in US Dollars?
Answer: Most of the properties on Ambergris Caye are bought and sold in US Dollars.
Question: What is the process for purchasing a property in Belize?
Answer: 1: Submit an offer to the seller. The offer form is legally binding for both parties. It includes an adequate due diligence period for the purchaser.
Part 2: Once the offer has been accepted by the seller, the purchaser will then obtain a local attorney. When satisfactory title research has been completed, a recordable Agreement For Sale, or original title transfer instrument will be drawn.
Part 3: The balance of the purchase price payable either as the down payment eventually to be followed by monthly
payments or the full purchase price will be due for deposit to our company escrow account at the time specified on
the purchase offer or Agreement for Sale.
Part 4: The transfer documents will then be executed and delivered to the purchaser's attorney for review. The
attorney will then send us copies and notify us that the documents are in order and will instruct us to release the
seller's escrowed funds.
Part 5: The executed documents will subsequently be processed at the Lands Registry and an original title or certified copy of an Agreement for Sale will be presented to the new owner.
Question: How long does it take to close a sale?
Answer: It takes approximately 30 to 60 days to close a sale.
Question: Can I open a bank account in Belize if I am not a resident?
Answer: Yes, you can open a Belize dollar account with any of our local banks. You will need to have a mailing
address, a copy of your passport, and a reference letter from your bank. You can also open a US dollar account
through one of our Belizean offshore banks. They have similar requirements as our local banks but one cannot be a
resident of Belize and hold an account. However you can form an IBC, which is considered non-resident, and
maintaina US dollar account through that company.
Question: What are the rates for property taxes on Ambergris Caye?
Answer: Most properties are taxed at 1.5% of the assessed value. Assessments are usually at 10-30% of the market value.
Question: Do I need to be in Belize to buy or sell property?
Answer: No, transactions can be completed where either the purchaser or seller is not in Belize. Documents are sent
via Fed Ex to the absent party. These documents must be completed in front of a notary public. Offers from purchasers can be done by fax which is legally binding in Belize.
Question: Can I get local financing?
Answer: Yes, interest rates in Belize are currently in the range of 12-14% with fixed terms of only 12 months.
At the end of every year the loan is closed out and then renewed at the current lending rate. Local borrowing is
only permitted in Belize dollars and as a result is not applicable under most property purchasing requirements.
You can however, borrow US dollars through Belizean offshore banking institutions. Interest rates are approximately 12% and the banks usually require that you have at least 50% of the amount being borrowed in collateral. Belizean offshore banks are not permitted to loan to persons residing in Belize.
About Blue Diamond Belize Realtor Belize Real Estate FAQs
Please complete the simple form below and we will be in touch with you within 24 hours. If you are interested in a property not listed on our website, we will find it for you!
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Blue Diamond Realtor
Tarpon Street, San Pedro
Ambergris Caye, Belize
(501) 226-3933 Bus.
(501) 620-4149 Cell (501) 623-0382
Email: info@bluediamondbelize.com