Belize Real Estate: An Overview of the Island’s Facts

Are you looking to buy Belize real estate property? You probably want to know everything about the country’s culture, location and economy among other factors that one would want to know when buying property. We want to help you secure a Belize real estate property so here are some facts about the people of Belize. Find out more about the people so you would really know if you want to purchase a piece of Belize real estate property.

Belize Real Estate: The Background

Belize is a former site of a few Mayan city-states, which saw the end of their civilization at the beginning of the A.D. millennium. Then, Belize was the reason for the tug of war between colonizers Spain and Britain, which happened in the 17th and 18th century. Belize was formerly known as British Honduras after the British got a hold of it in 1854. Belize found its freedom from the British colony in 1981. A problem ensued when Guatemala, which sits right next to Belize, refused to acknowledge the new country. This went on until 1992 when the two Central American countries entered a border dispute. It was when both Guatemala and Belize executed a simultaneous referendum and went to the International Court of Justice at The Hague to resolve the case. The border dispute and the case are still on going. Belize's main source of livelihood and what propels the economy is tourism.

Belize Real Estate: The Location

Belize is found in Central America. It is the only Central American country that doesn’t have the Pacific Ocean as part of its territory. Instead, it borders the Caribbean Sea and is located between Guatemala and Mexico. It’s graphic coordinates is as follows: 15 17 N and 45 88 W.

Belize Real Estate: The Size

Belize has a total of 22,966 sq kilometers. It has a landmass of 22,806 square kilometers and has a water area of 160 sq km. For North American potential buyers, imagine that Belize is just slightly smaller than Massachusetts.

Belize Real Estate: The Population

There is an estimated 314,522 people living in Belize as said by the consensus report dated July 2010. It is the 176th most populated country in the world. Fifty eight percent of the population is around 15-64 years of age with a slight 45 - 55 female to male ratio. There is only 3.5 percent of the population in the 65 years old and over range with 37.9 percent in the 0-14 age bracket. Belize finds itself expecting a three percent population growth on an annual basis.

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