It’s hard to beat waking to the sweet trill of birdsong accompanied by a glorious view of the sun rising over the Caribbean Sea. Open windows allow the balmy sea breeze to cool the house, all year round. Most people practically live on their verandas, the other option for watching the sun’s ascent over the Bay of Corozal.
Corozal Town, a sleepy little Belizean town on the Caribbean Sea, offers great-value property galore. That’s partly because this area of Belize is not a tourist haven. You need not worry about crowds here.
Venture a few miles outside of the town and you’ll find expats peacefully living in their dream homes situated by the sea, or on a freshwater lagoon. These expats prefer to be outside of town, in a more private, peaceful environment.
The Corozal District has over 33,000 residents, 10,000 of which live in Corozal Town. It’s estimated that up to 2,000 expats live in the region…hailing from the U.S., Canada, and Europe. They all visited Belize seeking a location where they could live an affordable coastal lifestyle in a balmy, friendly, low-key environment. Belize also made it onto many of their shortlists because English is the primary language.
A major plus for this region is the low cost of living. A couple that owns their home in Corozal Town can live comfortably on $1,500 a month (excluding medical costs), providing exceptional value for a Caribbean coastal lifestyle. Property taxes are amazingly low, at only $10 to $20 a year.
You’ll find a variety of neighborhoods that appeal to different preferences and pocketbooks. Expats who choose the more remote communities desire to live on the sea in a tranquil, planned community.
A variety of well-priced homes were on offer in the region when I recently visited. Condos start from as low as $65,000. Home prices start around $100,000, heading up from there.
I viewed a selection of homes with sea views, with two or three bedrooms, one or two bathrooms, usually on a half-acre lot, for under $235,000. For those who dream of building their dream home on or near the sea, the cost of construction runs around $85 per square foot.
In addition to the many homes with sea views, Corozal is also close to value shopping and medical care across the border. It’s a breeze to get to the Mexican border, only a 10-minute drive from town. You can reach Tulúm, Playa del Carmen, Lake Bacalar, or Cancun within a few hours’ drive.
It’s also easy to access most of Belize from Corozal, by car, boat, or plane. You have your pick of either the Belize or Cancún International Airports when traveling overseas. Within Belize you can fly, or take a boat to Ambergris Caye, or Caye Caulker, for a day of diving, snorkeling at the reef, or fishing.
For expats on a tighter budget, who enjoy living in town, I found several 600-square-foot, one-bedroom, one-bathroom condominiums with a sea view, selling for under $75,000. They’re located on Bayshore Drive, nicknamed ”Gringo Lane”, in an attractive neighborhood on the south side of town.
For more privacy, take your pick from one of the tranquil out-of-town communities such as Consejo Shores, Mayan Seaside, 4 Mile Lagoon, or Finca Solana. Most homes in these areas were built for expats, to North American tastes. Home prices typically range from $200,000 to $500,000, dependent on size, lot location, and house style. I found a selection of two- and three-bedroom homes, with two bathrooms, priced below $250,000. Many have garages, and nicely landscaped yards abundant with fruit trees. A few have attached rental units that produce extra income.
In a small-gated community on the Four-Mile Lagoon, you’ll find several three-bedroom, two-bathroom condos for sale, priced between $165,000 and $185,000. I viewed a 2,200-square-foot home on offer for $229,500. This three-bedroom, two-and-a-half-bath house has a direct view of the Four-Mile Lagoon, and wonderful prevailing breezes.
So if you’re looking for a tranquil, affordable community lifestyle on the Caribbean Sea, in an English-speaking country, it’s worth considering your options in Belize’s Corozal District.
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