INCOMPLETE HOME ON 10 ACRES PROGRESSO LAGOON!

Description

2,250 Square Feet Incomplete Home on 10 Acres with 400 Feet on Progresso! CZ77-Belize and Corozal Real Estate For Sale!

Introduction to the Property

An incomplete home on 10 acres boasting of 400 feet of Progresso Lagoon located in the

Corozal District in northern Belize. Undoubtedly, this property has great value!

About the Incomplete House

The incomplete house sits at almost at the apex of the land with panoramic view of the entire property from the roadside to the Progresso Lagoon.  The incomplete structure is approximately 2,250 square feet with 1 master bedroom with bath, 3 additional bedrooms, 1 Guest Baths.

Additionally, there is a kitchen area ready for you to build your dream kitchen.  Also, there is a sunken den, living room and a guest bath. Also, there is a utility space area and a storage area.

Apart from the incomplete home having a lot of space, the high ceiling provides a cooler temperature inside the house.

However, all of the finishing is needed to complete the home such as but not limited to: Ceilings, electrical, plumbing, tiles, doors, kitchen cabinetry, electrical fixtures, plumbing fixtures, etc.  Most importantly, the incomplete home is enclosed with windows and main two entrance doors and roof, but the rest must be completed by the new property owner.  Unquestionably, the house is approximately 70% completed adding a great value to this amazing property.

Furthermore, there is a 10×15 feet pump house which sits behind the house and it houses the pump and also a full-size bathroom.  The pump is connected to a artesian well but during the dry season it gets dry, which means that the well may be too shallow and may require to make it deeper or do another artesian well.

About the 10 Acres

The 10 acres was once cleared but approximately under 5 acres are now well-manicured.   There are numerous coconut trees along the boundary of the property and also along the Progresso Lagoon.  Furthermore, there is part of the lagoon that is protected by a sea-wall made of rocks.

The land is high and dry with virtually no low/wetlands on the property.  Additionally, it is fairly fertile and can plant a variety of plants and trees.

A drive-way is on the property which leads from the main access road to almost to the Progresso Lagoon.  The road that provides access to the property from the main Chunox-Progresso Road is year around access but may need a few patching here and to have no access issues during the rainy season.  The property is approximately 1/3 from the main road.

Electricity, Water and Sewerage

Electricity is located at the junction of the Progresso Road Village and Chunox Road which is approximately 0.9 Miles from the property.  Clearly that going Solar is the ideal approach at this time for this property to have electricity.

In one of the bedrooms, there is a underground water collecting reservoir to collect rain water but has not been connected or being used at this time. Therefore, collecting rain water in plastic cisterns would be the ideal option as there is no potable water in the area.

Additionally, a septic System must be built to provide the best efficient sewage disposal on the property.

Potential Usage of Property

There are many potential usages for this amazing property.  Firstly, leave the property as is and enjoy as a large home estate on the Progresso Lagoon.  Secondly, one can turn this property into an Eco-Tourism and can add cabanas along the lagoon side or around the grounds.  Thirdly, the property can be further subdivided into residential lots and sell as a gated community.   The potential use on this property are endless.

Access to the Property

The best way to access this property is from Orange Walk District which is approximately 16 miles. The first 5 miles from Orange Walk to San Estevan Village are being currently paved (June 2023) leaving some 11 miles of dirty road to the property.

The government is currently paving a road that connects Corozal Town to Sarteneja Village which would only be 8 ½ miles from the property. Clearly the paved road will make a difference driving to Corozal Town.

Belize City is approximately 55 miles from Orange Walk Town and the International Airport is approximately 63 miles from the property!

General Information

Location                                          Progresso Lagoon (Freshwater Creek Area), Corozal

Description                                     Residential, Resort Potential, Retirement

Size                                                   10 Acres with approximately 400 ft. along the Progresso Lagoon

Price                                                 $225,000.00US or $450,000.00BZ Plus Transfer Fees

Reduced to $175,000.00US or $350,000.00BZ Plus Transfer Fees.

Closing Fees:

Includes but not limited to Stamp Duties, Registration fees payable to the

Government of Belize and legal fees are assumed by the purchaser

Central Bank Permits

If applicable sale will require permit from Central Bank of Belize under the Section 40 of the Exchange Control Regulations 2003

Notices

Price Deemed to change without notice; Property sold as is, where is; transferrable title

Photos showing boundaries are for demonstration purposes only and purchaser must conduct due diligence.