Belize City, Belize
- Type: Residential
- Style: 3 Story
- Bedrooms: 2
- Bathrooms: 2
- Development Level: Built
- Lot Type: Rectangular
Offering only eight luxury condos, with ocean views from your own private balcony - this brand new Condo development offers a great investment potential, rental returns or a great spot to reside.
The building is located right at Mile marker 4 on the Northern highway, right between the International airport and Downtown, which makes the location ideal - and you will also have easy access to Mexico (just over two hours away) as well as the rest of the northern districts.
Units are available on the second and third (top) floors, with 4 units per floor. The prices start from US$170,000 (with the buyer undertaking their own finishes) or from US$200,000 for a finished unit.
The development will have an on-site property / rental manager, and rental income is expected in the range of US$2500-US$3000 per month. Thus, creating a net yield (after management and taxes + HOA) in the region of 10%.
Financing for qualified buyers are available via one of the largest banks in Belize, and if you chose to obtain your own financing, payment plans are available and tied to different stages of completion.
Belize does not have any restrictions on foreign ownership, nor is there a need for you to apply for an “Alien Landholding license” which is common in the rest of the Caribbean. This means that your closing in Belize can happen immediately, rather than having to wait for up to a year, or sometimes even longer.
You can purchase in your personal name, that of a foreign corporation (or LLC), or we can help you form a local corporation for you to take title.
** CONTACT US TODAY FOR A SALES BROCHURE AND FAQ **
** PRICES FROM US$170,000 to US$250,000 **
** DEVELOPMENT ONLY LAUNCHED FOR SALE IN NOVEMBER 2015 **
Information is deemed to be correct but not guaranteed.