BUILD
Building and living in Belize has many lifestyle and financial benefits over other countries. With a short 2 hour flight from Houston, Texas it’s accessible and affordable. Relax into an elevated pace of life 400 ft above sea level and surrounded by natural beauty. The 22 acre parcel of land provides rich agricultural soils, two mountain streams, and a spring.
DEVELOPMENT
Twelve lots make up the first phase of development with the possibility of an additional twelve lots further in, past Chan Creek.
HOUSING
Your getaway deserves your personal touch. You choose the type and style of your home. One of the advantages of living in Belize is the flexibility in housing styles. There are currently 3 completed houses on the property with 2 others in planning stages.
A very important attraction for prospective retirees and expatriates to Belize, is the relatively low cost of property and building costs.
Construction costs vary depending on the style and amenities/fixtures added. Current costs range from $25/sq ft (US) to $70/sq ft (US) for on-site building using a slab-on-pier foundation. One owner has opted to purchase a high quality prefabricated house built by Linda Vista. All houses will have septic tank sewerage.
Belize is part of the British Commonwealth with the legal system based on British Common Law. A foreigner has the same rights as a Belizean citizen with regard to property ownership.
The advantages of owning land and a house in Belize, as a part-time or full-time residence, or merely as a vacation rental or investment, is what attracted the original people to develop Amethyst Village Community.
Raw land is still very reasonably priced, although over the past 5-10 years it has increased anywhere from 50-70% depending on the location. If this trend continues, any property purchased now at a fair market price will be an excellent investment.
Capital Gains Tax is non-existent. So if you buy land and sell it later at a profit, all the profit is yours to keep.
Property Taxes are very reasonable, especially in the rural areas.
Transfer Tax or Stamp Duty. Foreigners purchasing property in Belize must pay Stamp Duty, also known as Transfer Tax, currently 8% of the purchase price of the property.
Amethyst is connected to the Belize power grid, although some owners are planning on using solar for their needs.
A unique water system has been created using water from a mountain stream originating in the National Forest south of the property. The water filters through a 20 foot sand filter and is delivered by gravity through a 2” pipe to the highest point on the property. Water testing in both Belize and the USA proves the water to be of the highest standard.
COST OF LIVING
Let’s face it, we all want a rich life for less, Belize gives you this. The cost of living is greatly reduced in Belize if you eat healthy fresh foods and enjoy embracing the simpler life. Imported goods and processed foods are more expensive. Plan on around $1200 a month to live comfortably (less if you live like a Belizean). More Info>>
