Details
Address:Drowned CayeType:OtherStyle:OtherLot Type:RectangularLot Size:25 acresMLS
Description
Located on the west side of Drowned Cayes Range and immediately facing the "Stake Bank" Caye development,is this property that's priced well beneath market value and is truly an investor's dream. This property is within Belize's great barrier reef and in close proximity with St. George's Caye and only a 15 minute boat ride from Belize City. There exist several other lucrative developments within the Drowned Cayes range with many more in the planning stage. For this property, the water depth around the coastal perimeter of the property ranges from 1 to 20 ft deep within a 350 meters range going out to the sea. A marina and would fit easily to accommodate large boats to this property. Now with the advent of cruise ships making dock at "Stake Bank" Caye, this property has so much to offer. The majority of the land mass between about 18 to 22 acres which is 14 to 16 inches is above sea level. A small portion of the lower coastal areas of it carries patches of mangrove with water settlements that can easily be dredged, as was done with neighboring projects. The property can easily be subdivided further, for the development of luxury villas. Additionally, it can be developed by the hotel and entertainment industry or it can be looked upon as a condo development project. Belize is taking on a new prospective for the avid traveler or longing retiree, and this property fits all that may windfall in those areas of investments. Feel free to contact us today to view this wonderful investment!
Belize National Association of REALTORS® MLSOlivia Villanueva
Listings
