CZ57: Sale or Joint Venture! Incomplete Home on 10 Acres, +-400 Ft Progresso Lagoon!
Home on Progresso Lagoon
- Size: 2,200 sq. ft to 2,500 sq. ft
- Lot Size: 10 acres
- Bedrooms: 3
- Total Rooms: 3
- Year Built: 2008
- School District: Progresso Lagoon
Incomplete Home on 10 Acres with 400 Ft. Progresso Lagoon Frontage!
Corozal Real Estate and Waterfront properties for sale!
Owners will consider Joint Venture for Restaurant and Bar or Lodge!
Location Progresso Lagoon (Freshwater Creek Area), Corozal
Description Residential, Resort Potential, Retirement
Size 10 Acres with +- 400 ft. along the Progresso Lagoon
Ground Video https://youtu.be/MJYXEWXLiso
Drone Video 1 https://youtu.be/sCpUgQrXrYE
Drone Video 2 https://youtu.be/xgIIQCXqhn4
Price $250,000.00US or $500,000.00BZ Negotiable
Drastically Reduced to $150,000.00US or $300,000.00BZ
Closing Fees Purchaser assumes closing fees such as Stamp Duty, Registration Fees and Legal fees
Notices Price deem to change without notice
Any or all offers may be rejected by the owner
Property being sold as is, where is; transferable title
Permits Central Bank Permits may be required to be attained for any
Offer Property being sold as is, where is, transferable title
One of the most specular deals on the market right now exclusively represented by Belize Land Properties Ltd along Progresso Lagoon in the Corozal District. This property has great potential for someone looking for a small subdivision project, a resort development, retirement home in Belize or just your first home! The property boasts of 10 acres with approximately 400 feet of Progresso Lagoon frontage and with incomplete bungalow home that is approximately 80% completed!
This home has been a project for some years and is becoming closer to a reality. The home will require plumbing, electrical and finishing throughout, interior bathrooms, etc., The design can be amended according to one’s needs and taste.
The home boasts between 2,000 to 2500 square feet and sits approximately 5 feet off the ground level making this property ideal and secure from any major storms. The property construction commenced in 2008 and most recently was almost completed to the stage it is now. Depending on the finishing and amendments that one may do to the house it is the opinion that it will require some $40,000.00US to fully complete the home.
There 3 bedrooms, space for 2 ½ bathrooms, kitchen, lounge, office space, outback storage facility, a laundry room area and a great room space.
The home sits at the apex of an incline plane that leads to the Progresso Lagoon. The best views are from the home sitting at the apex of the property with panoramic views to the Progresso Lagoon and views to the manicured fertile grounds. The owner had planted numerous coconut trees along the boundary of the property and also along the Progresso Lagoon. There is a stone retaining-wall in most of the frontage of the property and large boulders have been placed behind to give further support and to give it a better aesthetic view; however, one can cast the stones and make a nice walkway along the Progresso Lagoon.
There is a small building that houses a well for fresh water well and a complete fully tiled bathroom. A large hole about 50 feet from the house is the location for the septic system and its soak away system.
Electricity is at the junction of the Progresso Road Village and Chunox Road which is approximately 0.9 Miles from the property. The house had an area under the house for rain water collection, it may be cleaned and sealed and may be used for collecting rain water. Another form of collecting rain water would be in water cisterns.
There is no low lying areas on this property and there is so much one can do with this property. One can easily convert the property into a small residential and exclusive community with Progresso Lagoon access, or convert this into a small resort.
The best way to access this property is from Orange Walk District which is approximately 16 miles. The government of Belize have announced in late October 2018 that the road leading to Progresso Village will be paved in 2019 and furthermore the road will be paved all the way to Sarteneja Village and will build 2 bridges one at New River (Pueblo Nuevo Ferry) and the other at Chunox. This will have major tourism impact and real estate demand.
The property is just quarter mile off a feeder road to the main access road that goes to Chunox Village and Little Belize (a Mennonite Community). The junction to Progresso Lagoon road is approximately 0.9 of a mile from the property and Progresso Lagoon Village is under 4 miles from the property where you can do small shopping and enjoy the company of the local community.
Belize City is approximately 55 miles from Orange Walk Town and the International Airport is approximately 63 miles from the property!
Motivated seller, make an offer!
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Features1-5 miles from shopping areas6-10 miles from shopping areasall weather-road accessdevelopedFruit Treesgood road accessLagoon front
Home on Progresso Lagoon
Home on Progresso Lagoon
Agent(s) for this listing
Mr. Oscar D. Romero