Gross rental yields in Belize
The average gross rental yield in Belize stands at 4.27% (Q3, 2024).
| Last Updated: Aug. 07, 2024 | |||
| BELIZE - All Locations | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Belize (all locations) | |||
| 1-Bedroom | $240,000 | $856 | 4.28% |
| 2-Bedroom | $369,000 | $1,475 | 4.80% |
| 3-Bedroom | $685,000 | $2,125 | 3.72% |
| Kingston & St. Andrew avg. rental yields | 4.27% | ||
| All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you'll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide, Buy Belize and Point2Homes |
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Belize's Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in Belize. We utilized the BuyBelize and Point2Homes websites for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).