1/2 finished seafront Condo/Hotel project on reef island

Belize
Photos: 1 2 3 4
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  • Selling from: 250,000.00to 275,000.00
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  • Sell price is negotiable

Offered By

Bel-Isle Development
5016601550

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About this Resort

Caye Caulker, Belize is on the Map
This small laid back island is nestled in the protected warm Caribbean waters, one mile behind the Worlds 2cd largest barrier reef. It is a Mecca for Divers, Snorkelers, Fly and Sport fishermen as well as quiet coconut palm covered islet seekers.

Travel and Leisure Magazine link, Worlds 10 best Secret Islands
http://travel.yahoo.com/p-interests-40006587

CNN segment on Caye Caulker, MUST SEE Video
http://edition.cnn.com/video/data/2.0/video/living/2011/07/13/caye.caulker.belize.cnn.html

Hotel/Condo Unit rental project, needs completion. Its in the preferred developed area of the Village, 200 feet off Front Street, seafront access on a quiet cove on the narrowest part of the South, developed island. Looking for Partner/Investor/Buyer.
There are numerous ways to develop this property, 400 sq.ft. Units can be rented to tourists, sold down the road when Market is stronger.
Upper floors can be larger units with balconies for reef/sunset views, penthouses on top with covered observation deck above.
It is constructed of state of the art insulated concrete, a proven system used all over the world.
With the price of fossil fuel generated electricity on the rise, insulation is a necessity for AC, etc.
The project has a 20 ft deep to bedrock foundation, electric and plumbing roughed in for 3 floors.
Code on the island has now increased to 4 floors, with minor changes made now to belt beams not yet poured, this could go 4 stories no problem I have been told by engineers.
I have redesigned it to cover all PVC plumbing, making it much more attractive and resistant to UV degradation.
Having English as its official language gives Former British Honduras a distinct advantage to North Americans and many Europeans looking for Caribbean/Central American Tropical retirement locals.
Permanent residency is easier to obtain than most other nations in the Caribbean. Dual citizenship after 5 years.

More Details

Area: 6000 Sleeps: 20
Parking Spaces: 6 Bed Configuration: Queen
Bedrooms: 14
Bathrooms: 15