88 Acres with Over 650 Feet of Ocean Frontage Along Cerros Peninsula

Property type: Investment Offer type: For Sale Lot size: 88 Acres DISTRICT Corozal District FEATURES 1-5 Miles from Shopping Areas DETAILS 88 Acres with over 650 feet of Ocean frontage along Cerros Peninsula, Corozal! Beachfront property for sale in Corozal in Northern Belize Location Cerros Peninsual (Lowry’s Bight), Corozal District Description Residential, Retirement, Investment, Residential Development Size of Land +-88 Acres Asking Price $1,000,000.00USD (Price Negotiable) or $2,000,000.00BZ Closing fees Assumed by Purchaser Stamp Duty (or Stamp Duty Reassessment), Registration Fee, and Legal Fees) Central Bank Permit If applicable Notice Property being sold as, where is, transferable title; all sale is final Price deem to change without notice Any or all offers may be refused by listing agent or owners Timing is everything they say and this 88 acre property boasting of over 600 feet of Caribbean Sea frontage is a great opportunity for anyone wanting to invest and develop in the next area where real estate boom can take place in Belize in the next short few years! The sale package includes 2 contiguous parcel of land and 1 parcel of land that is across the road from the other two lots. These properties all have either direct access to road easement and also direct access to an existing road on the western border of the property. On the east there is a 60 foot easement road that needs to connect to a physical road which is only 60 feet away! The property is undeveloped, flat with mixed water frontage with some mangrove and sandy coastline. The coastline in northern Belize is more of broken coral/shells/rocky/sandy mixture. Once you get permits to develop and clear mangroves you will be able to build the sandy beach and make the property suitable for your needs. With this type of real estate the applications are endless. Such application may be: residential subdivision, resort, condominium project, Water Park, etc. There are immediate neighbours directly west of the property and a small ocean front beach cabana resort called Cerros Beach Resort. Also there is a Marina under construction a short distance away and a large successful development on the south east of the property. Actually one must pass Cerros Sands development and head North West on the access road that takes you to the 88 acres on the East. The area is developing very fast and having no paved roads or even utilities in the area is proving that development can take place as there are conscious buyers looking to invest and live in an Eco-friendly environment. For now, everyone is either on solar power or generators or both. Corozal Town is approximately some 13 miles away from the property and one must drive through all-weather dirt roads and cross a “ferry” on the New River to access Cerros Peninsual. The government of Belize has confirmed funding for a new bridge on the New River replacing the ferry and paving of road from Corozal Town to Sarteneja which would pass through Copperbank Village which is a village situated about 3.5 miles south of the property. Once this big infrastructural project takes off prices in the area will drastically increase as this area is projected to be another hot spot in the near future. If you are a boat lover it will only take you about 20 minutes boat ride across to Corozal Town or approximately 3.6 miles across the bay! Also once can access Cerros Peninsula from Orange Walk Town and passing through Progresso Lagoon Village which would be approximately 27 miles but would cut a 35 mile trip to Corozal plus the 13 miles to Cerros. This road however is not paved but the government of Belize also has announce that phase 2 of the project after they pave the Corozal-Sarteneja Road that they will indeed pave from Orange Walk to Sarteneja! Vision is everything and if you got the eye you will see that this property has great potential for great returns. Book a tour! The property is being sold as is, where