
San Pedro Town, Belize
The Villas at Banyan Bay
The Villas at Banyan Bay is an independent, RCI-affiliated timeshare resort right in San Pedro Town on Ambergris Caye, Belize's most popular island. For owners weighing whether to sell or rent out a week, and for buyers scoping out the resort, here's a plain-English look at the property, the area, and how resale and renting actually work on our marketplace.
Selling or renting out a week at The Villas at Banyan Bay: what owners need to know
Facts with sources, checked September 2026. Prices are asking prices published on BidMyTimeshare.com — not valuations.
RCI exchange membership: RCI charges a $98 USD / $142 CAD processing fee to transfer a membership in North America. The subscription is an asset separate from the timeshare: the seller may keep it or transfer it. source
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The Resort & Setting
The Villas at Banyan Bay is an independent timeshare property set in the middle of San Pedro Town, on Ambergris Caye — the barrier island most visitors picture when they think of Belize. Because it's an RCI-affiliated resort, ownership here comes with access to RCI's exchange network, so a week at Banyan Bay can be used on-site or traded for a stay at another RCI resort elsewhere in the world. There's no published data on beachfront or amenities for this property beyond its location and exchange affiliation, so anyone comparing weeks should confirm specifics like unit layout and on-site facilities directly with the seller or current owner.
The Area & Things to Do
San Pedro Town is the commercial and social centre of Ambergris Caye, and Banyan Bay sits close enough to the centre that most owners get around on foot, by golf cart, or by bike rather than renting a car. The town itself is walkable, with local restaurants, bars, market stalls and shops all within easy reach, plus a steady rhythm of live music and beach-bar evenings.
The big draw along this stretch of coast is the Belize Barrier Reef, the second-longest coral reef system in the Western Hemisphere, just a short boat ride from town. Diving and snorkelling outfitters operate out of San Pedro and can be booked locally for day trips to the reef, as well as longer excursions further afield. Swimming, paddleboarding and fishing are all easy to arrange given the calm, clear water around the island.
Getting to Ambergris Caye is straightforward: a water taxi from Belize City, or a short domestic flight into San Pedro's airstrip. Once you're there, the island's small scale means there's rarely a need to travel far from town.
Selling or Renting a Week Here
If you own a week at The Villas at Banyan Bay and are thinking about selling, BidMyTimeshare works as an owner-to-owner marketplace: you list your week, set your own asking price, and buyers contact you directly through the platform. There's a one-time listing fee to get your ad live, and we don't take a cut of the sale — 0% commission, so whatever price you agree with the buyer is what you keep.
Because Banyan Bay is an independent resort, resale transfers go through the resort's own owners' association or management company rather than a branded developer process. Before agreeing a price with a buyer, it's worth asking management directly for two things: the current transfer fee for putting the week into the new owner's name, and the latest annual maintenance fee, since these vary by resort and aren't figures we can quote here. A buyer should also confirm whether RCI affiliation carries over automatically with the resale or needs to be re-registered once the transfer is complete.
Renters, meanwhile, are typically looking for a confirmed week with clear dates, a sense of unit size, and confirmation of what's included — so if you're renting out your week rather than selling, spelling out those details up front on your listing will save back-and-forth with prospective guests.
Practical Notes
Ambergris Caye has a tropical climate year-round, with hurricane season running from June through November. Many owners and renters prefer the shoulder months of April–May or September–October, when crowds are thinner and rates tend to be more favourable, while December through May generally brings lower humidity and less rain. English is widely spoken in San Pedro, and the Belize dollar trades alongside the US dollar at a fixed rate, which simplifies budgeting for North American visitors.
Nearby Attractions
Travel Tips
Book diving and snorkelling trips through established San Pedro operators rather than informal arrangements, and bring reef shoes for wading in shallow water near the reef. Lightweight, casual clothing suits the climate, and it's worth timing a visit around the shoulder seasons of April–May or September–October if you'd rather avoid both the summer humidity and the busiest weeks. Keep hurricane season (June–November) in mind when booking travel dates.
Frequently asked questions
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