Belize Real Estate at its best! This development parcel stretches from the Caribbean Sea all the way to the Placencia Lagoon (water on 2 sides). It has been subdivided into 10 residential lots on the lagoon side of the main Placencia road, 2 marina waterfront lots on the lagoon side and 3 Caribbean beach lots on the ocean side of the Placencia road. The main placencia road with commercial potential bisects the property. The property has been cleared (nice mature trees have been left), the road has been installed and a lagoon-side marina has been dug out. The lagoon-side lots have a current value of $70,000 each, the lagoon waterfront lots $100,000 each and the beach lots $150,000 each; total value of $1,350,000 The 3 beachfront lots offer 258 feet (78 meters) of Caribbean beach and a total of 1/2 acre. The lagoon side contains 3.682 acres.
This is an excellent opportunity to purchase a development project ready to go. Invest a little money to complete roads, lights and utilities and then sell the lots at increased prices. Another option is to build spec homes.
Contact Boris Mannsfeld & Associates for additional information or to schedule a private tour of this spectacular property. We can arrange a meeting with a recommended contractor and architect to discuss building options. Boris Mannsfeld & Associates is the premier Real Estate firm in the Placencia area. We provide the highest level of service, professionalism and experience and we only focus on properties in the Placencia area – our specialty.