Property Market Data for Belize

Selected Cities in Belize

Property Index Value
House Price to Income Ratio 4.65
161
Mortgage as % of Income 53.27
138
Loan Affordability Index 1.88
35
Price to Rent Ratio City Centre 26.54
40
Price to Rent Ratio Outside Centre 33.67
14
Gross Rental Yield City Centre 3.77
141
Gross Rental Yield Outside Centre 2.97
163

Macro Data Value
GDP Per Capita ($) 4831.18
GDP Growth Rate 3.58
Population Growth Rate 2.16

Median Income Value Range
Net monthly disposable income 2011.11 1500.00 - 2700.00
Annual mortgage interest rate % 9.83 8.00 - 12.00

Rental Per Month Value Range
Apartment (1 bed) in City Centre 363.40 198.02 - 500.00
Apartment (1 bed) Outside Centre 220.24 123.00 - 380.00
Apartment (3 bed) in City Centre 555.30 300.00 - 1000.00
Apartment (3 bed) Outside Centre 485.72 250.63 - 900.00
Price to Rent Ratio City Centre 26.54 26.54 - 26.54
Price to Rent Ratio Outside Centre 33.67 33.67 - 33.67
Gross Rental Yield City Centre 3.77 3.77 - 3.77
Gross Rental Yield Outside Centre 2.97 2.97 - 2.97

Price Per Sq.ft. Value Range
City Centre Apartment Prices 182.19 -
Outside Centre Apartment Prices 165.54 -