17.382106, -88.067128

17.382106, -88.067128

Belize District, Belize · 567.0 acres · Freehold

$12,000,000 USDListed 1 days ago
Acreage
567.0
Price/acre
$21,164 USD
Ownership
Freehold
Development
Developed

About This Island

Taking pride of place next to a deep channel suitable for visiting cruise ships, the large island of Water Caye presents a rare commercial opportunity not far from Belize City. The existing, Water Caye Isle Resort consists of a c.10 acre beach sufficient to host around 1,000 cruise ship guests at any one time. The palapa – the largest in Belizean waters – boasts a long, centre bar while plentiful outdoor seating offers limitless opportunities for open air dining. Accommodation for up to eighteen guests in available in two cottages and three cabanas, while a docking facility is available for berthing tender boats. Unsurprisingly, Water Caye has attracted extensive development plans. Existing proposals include an airstrip, golf course, hotels and resorts, a marina, tennis club, commercial village and luxury homes. Present utilities on Water Caye include a generator for electricity, plumbing, water desalination equipment, and fresh water well. The large, barrier reef lies about 1.5 miles to the east of the island. Hosting a rich abundance of marine life, snorkelling, diving and fishing remain some of Water Caye’s top attractions. Alternatively, the 1000-ft beach is ideal for relaxing in the sun or for swimming in the exceptionally clear water.

Insights

Everything You Need To Know

Location
Belize
Approximate
Climate & Risk

Caribbean

Elevated Storm Risk
Monthly Probability Of Named Storm
1%
1%
1%
1%
2%
8%
15%
35%
55%
30%
8%
2%
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Best Months To Visit
December – April
Avoid
August – October
Avg Named Storms / Year
14.4
Major Hurricanes (Last Decade)
11
The Caribbean hurricane belt sits north of 12°N latitude. Southern Caribbean (Aruba, Curaçao, Trinidad, Grenada) lies below this line and historically sees less than one major storm per decade — about 1/10th the risk of Bahamas or Cayman.
Sources: NOAA NHC, IPCC AR6, World Bank Climate Knowledge Portal · Updated 2026
Buying In Belize

Foreign Ownership Permitted

No restrictions on foreign ownership. Same rights as citizens.

Ownership
freehold
Transfer Tax
5% stamp duty
Annual Property Tax
1-1.5% of value
Closing Time
30-60 days
Legal Fees (typical)
7.0% of price
Required Permits
None required
True Cost Estimator

What This Island Will Actually Cost

Beyond the asking price: closing, infrastructure, and the first year of operating costs.

$12.0MUSD
$300K$50M
Year-One Total Cost
$13,713,0001.1× Purchase
Purchase
$12,000,000
Closing Costs (~7%)
$840,000
Infrastructure
$420,000
Year 1 Operating
staff + tax + insurance + maint
$453,000
$12,000,000 USD
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