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What is the first step in purchasing
property? |
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Please go to our Purchasing
Instructions page on our website and follow
the simple steps. Just fill out the Parcel Purchase
Request Form and we will slowly walk you through
the process. |
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How often is the website updated
with current pricing and sales information? |
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The prices
and properties on our website are all up to date.
Our website is updated as parcels are reserved
and sold. For specific parcel availability, please
email us at contactus@cayoproperty.com or
call us toll free in the U.S. at 1-888-BELIZE
4 U (1-888-235-4934).
From outside the U.S., we may be reached at 704-258-7008.
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How are deposits and down
payments held? |
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Deposits and down payments are held in escrow
pending closing by Jason Weaver, Attorney at Law
(escrow agent). The escrow agent is authorized to
disburse to you all money you have paid prior to
closing in the event of our failure to convey title. |
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What is the difference between
a deposit and total down payment? |
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The deposit that you are
referring to is a 10% deposit to reserve a parcel
for purchase to be applied towards your down payment
should you wish to finance your purchase. The
down payment is the total amount required as a
down payment for the parcel of your choice. Should
you wish to proceed, you first send a 10% deposit
and then at closing you will be instructed to
send the remaining difference, if you choose to
finance your purchase. If you do not choose to
finance, you would first send a 10% deposit and
then at closing, you would send the balance of
the purchase price, equaling the remaining 90%. |
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Can foreigners purchase property? |
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Yes, foreigners (non-Belizeans) can purchase property
in Belize. |
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What is the size of each parcel? |
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Please visit the Master
Development Plan section and click on the parts
of the map you wish to view. Each rendering will
show parcel size in square foot and dimensions. |
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When do I receive title? |
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After closing you will receive
the original Transfer Certificate of Title or
registered Land Certificate. If your purchase
is financed, we will send you documentary evidence
of your ownership of your parcel(s). After the
mortgage is satisfied, a Transfer Certificate
of Title or registered Land Certificate will be
sent to you. |
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Can I have confidence and peace
of mind when purchasing property in Belize? |
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Yes, you can have confidence
and peace of mind when purchasing property in
Belize. We want our purchasers to feel completely
comfortable. Please contact the Belize attorney
processing the closing documents, Mr. Wilfred
P. Elrington of Pitts and Elrington, Attorneys-At-Law
located at 50 North Front Street, Belize City,
Belize. Mr. Elrington will answer your questions
regarding the procedure for transferring title
in Belize. He may be reached by phone at 011-501-203-2577
or by fax at 011-501-223-2579.
If you are looking for a relevant Government office
in Belize, please contact the Belize Government
Ministry of Lands, located in Belmopan (the Capital
of Belize) at 011-501-822-2331. All records are
public information and are easily accessible.
In addition, you may get further feedback from
the Department of the Environment in Belmopan
at 011-501-822-2816 and the Land Utilization Authority
in Belmopan at 011-501-822-3419. Both offices
are very familiar with our project.
When purchasing you receive fee
simple title to your parcel. Belize is a British
Commonwealth, with similar laws to the U.S. Belize
also has a stable government with a growing economy.
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May I place a deposit to "lock
in" the current price until I can visit the
property and make a selection? |
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No, we advise you to visit the property, make
your selection and then place a deposit on the parcel
you wish to purchase. |
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What are the forms of payment? |
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We accept Cashier’s Checks, Certified Checks
or personal checks as forms of payment for deposits.
For closing payments we accept Cashier's Checks
or Certified Checks. Unfortunately we do not accept
credit cards as a deposit or down payment for a
parcel. Monthly mortgage payments, if applicable,
may be made with a personal check. |
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Can I visit the property before
purchasing? |
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Yes, you are more than welcome to visit the property
at any time before purchasing. Please email us or
phone us to coordinate your trip so we may help
you make arrangements to have someone show you around. |
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How many parcels may I purchase? |
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You may purchase as many parcels as you would
like. There is no regulation limiting the number
of parcels purchased. If you are purchasing contiguous
parcels, you may combine the allowable building
square footage to build a larger dwelling. See our
Building
Guidelines for more details. |
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May I take title to a parcel in
a corporate name? |
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Yes, you may take title to
a parcel in a corporate name. Please be advised
that you must stamp the closing documents with
your corporate seal. |
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Is it easy to purchase property
abroad? |
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Yes, it is very easy to purchase
property abroad. The Government of Belize allows
foreigners outside their country to own property
in Belize. All titles are fee simple and title
transfer is registered with the Government of
Belize. We can also finance
your purchase. Purchasers qualify for financing
as long as the minimum down payment requirements
are met. For a step by step guide through the
purchasing process, please visit the Purchasing
Instructions section and then fill out the
Parcel Purchase Request Form noting the parcel(s)
of your choice, we will then confirm your parcel
selection(s) and walk you through the process. |
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Disclaimer:
Los Arboles Limited makes no warranty as to the
quality of the goods or services or the reliability of
the products or services listed above. We have made every
attempt to keep the list up to date, but we will not be
responsible for errors or omissions. |
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