One of the few large tracts of ocean front property situated in the fast developing area of southern Belize approximately some 20 miles south of Dangriga Town, 8-10 miles from Hopkins Village and Sittee River Area, just 5 minutes away from the Jaguar Reserve, and approximately 30 miles from the booming area of Placencia Peninsula.
This 2,200 acre property boast of approximately 1 mile of Southern Highway frontage which is a paved road that connects to the southern area of Belize to Toledo District. The property is ideal for various type of combined potential developments. The following permits and licenses or studies have been conducted for development:
Environmental Impact Assessment (EIA) for the following permits2 HotelsInternational Executive Airport600 Condos/Homes200 Acres of Duty Free (Export Processing Zone)Shopping CenterGolf CourseMarinaSapodilla Lagoon Frontage
Cabbage Hall Creek frontageThe property has permits for the above developments in which can generate extreme returns upon completion of the development as there are no large tracts in the area available for sale.
In the Placencia Peninsula property values are based per linear beach front and of September 18, 2006 the prices per linear beach front on the peninsula vary from $2,500.00US at minimum to $3,500.00US per linear beach front. Imagine with the frontage on this property and not to mentioned the water front properties along the lagoon and creek can generate and maximize profits.
The property is undeveloped and has some internal road ways but needs to be developed and fill along parts of the lagoon and creek and also along the coastline. The seller has cleared some of the mangroves near the water as seen on the aerial pictures. The property is north of Kanantik Resort and south of Al Pines or Sanctuary Bay.
There is beach on the property but must be further developed and maintained.
The seller is motivated to sell, make an offer!
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