Buying Property in Belize: Hopkins and Sittee Point

The Belize property market is starting to really boom as Britons, Europeans and North Americans discover the sun drenched wonders and white sandy beaches that this stunning Central American country has to offer.  Most who are buying homes in Belize are drawn to the larger resorts and destinations, but slightly off the beaten track there are exciting property bargains galore.

If you’re dreaming of living in a tropical paradise and buying real estate in Belize appeals to you, you’re going to find there’s a whole lot going on in this particular property market but the specific focus of this article is on buying property in Belize in Hopkins and Sittee Point which are less well known locations.

As stated, it’s not just North Americans and Europeans being lured in greater numbers to Belize nowadays, the word is out in the UK that Belize is a property investment hotspot too.  And ironically this tropical paradise of Belize which is so far from British shores does actually make many a Briton feel at home when they first arrive! 

As the only Central American country that’s an independent member of the Commonwealth, Britons will find a lot of similarities with Belize and their homeland.  For example the official language is English - though do expect to hear quite a bit of Spanish and Creole spoken - and the appeal of living in such an exotic location whilst feeling quite at home quite quickly is luring in many a British expatriate. 

As greater numbers of foreign buyers flood the market, so prices are being pushed up and so developers are quickly getting on the bandwagon and starting construction projects.

Major developments are under way along the Caribbean Sea side of Belize in a very big way for example.  Land here is still very affordable, cheap by European and American standards in fact, and so prices do remain affordable to overseas buyers.

In the Hopkins and Sittee Point regions buyers will find planned developments are going on around the seaside with home sites starting at under USD 90,000 at the moment.  Of course this does not include building costs but USD 90,000 for prime beachfront land is unheard of in many locales in Belize and certainly in many other tropical paradises.

Homes that have already been constructed are also up for grabs in and around Hopkins and Sittee Point, but do expect to pay a bit more for resale real estate.  The prices of resale real estate in Belize in Hopkins and Sittee Point start from around USD 200,000 and climb depending on how elaborate the structure is and the exact location in relation to beaches for example.  Note – there are some rather incredible houses built along the Hopkins waterfront for example!

While the villages of Hopkins and Sittee Point are both considered somewhat primitive by European and American standards, buyers here will find that a few home comforts are still available.  Add to this the fact that turquoise waters and white sandy beaches are walkable from your front door and many find living or vacationing in this part of Belize is their dream come true. 

Belize is considered a strong buy for retirees and those looking for holiday homes to use personally or to let out.  The exchange rate with the deflated American dollar is roughly 2 to 1 so the pound and euro go even further!

Within the village of Hopkins which is near Sittee Point, buyers will find a health clinic, shopping, dining and an operational dive shop among other things.  Do be prepared for a bit of a culture shock though – Hopkins only has one police constable!  With a virtually non-existent crime rate the village gets by with this single officer of the law who makes his rounds on a bicycle!

If the beaches are a big draw and Spain and other European locations seem too played out for your tastes, Belize is worth a closer look.  As more investors discover this region don’t expect prices to stay so low forever though – if you’re going to make a move into real estate in Belize, make it sooner rather than later.

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