Incredible Potential for Development Investor – 48-Unit Condo Complex

Status: | Property Type: , ,

PRICE:

$1,500,000

PROPERTY SIZE:

48 Units

ADDRESS:

Ambergris Caye, Belize

CITY:

Ambergris Caye

AREA:

San Pedro

COUNTRY:

Belize

48-Unit Condo Complex for sale

Located 2 miles south of town in the growing DFC area next to the stadium, this 48-unit condo complex offers incredible potential for a developer or investor who is seeking a project to finish.  With the quick growth of the island, jumping into already-authorized-project will save you considerable time and money.  With ownership of this property, you will own the land and the structure on top of the land.

Spanning over 3 floors, this building is laid out to contain the following:

Floor 1: 

Efficiency: 2
1 Bedroom: 14
2 Bedroom: 2

Floor 2:

1 Bedroom: 9
2 Bedroom: 6

Floor 3:

1 Bedroom: 9
2 Bedroom: 6

Allocated Space for Following Amenities:

  • Parking spaces for all condos
  • Community pool
  • Gym

This building is being constructed out of solid concrete and steel, a proven and durable methodology on Ambergris Caye.

As the building owner, you can either feed the increasing demand for affordable long-term and vacation rentals, or sell the units individually and make a nice profit.  The property is currently undergoing the strata process.  

An investor summary is available upon request with a completed NDA.  Reach out for additional information or to receive the NDA.

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$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421