SC99: REDUCED! 15.026 ACRES WITH OVER 1,000 FEET SEA & OVER 1,500 FEET CREEK, SOUTH OF SITTEE RIVER, STANN CREEK DISTRICT!

DETAILS

15.026 Acres with over 1,000 feet Seafrontage & Over 1,500 feet Creek Frontage at the Mouth of Anderson’s Lagoon south of Sittee River, Stann Creek District!

Location                         Sarango Bight, South of Sittee River, Stann Creek
Description                    Residential/Retirement/Resort/Residential Development
Size                                  15.026 Acres
Price                               $550,000.00US or $1,100,000.00BZ Negotiable Plus closing fees

REDUCED TO              $499,999.99US or $999,999.98BZ

Closing Fees                 Assumed by Purchaser (the first $10,000.00US of Purchase price tax exempt; balance of purchase price taxed at 5% for Belizeans and 8% to non-Belizeans; as a stamp duty to Government, $30.00US registration fees, legal fees between +-1.5 to 2% of purchase price)
Any transfer value reassessment by Ministry of Natural Resources assumed by purchaser. A Central Bank Permit may be required is sale is between a resident to a non-resident

An amazing opportunity for an investor looking for a property that has great potential for a “Green Development” either for a resort or a residential community along the warm Caribbean Sea in southern Belize. This Oasis by the Sea is only a few minutes boat ride from the popular tourist destination of Hopkins Village.

This 15.026 acre boasts of over 1,000 feet of mixed beach front with both sandy beachfront and mangrove patched along the coastline. The package being offered is raw real estate and arrangements can be made for an investor to purchase the property with its outdated development permits but sale shall not be contingent to renewal of any outdated permits.

Location is very important for anyone looking for an investment property and finding a property that meets all requirements for great development is sometimes very challenging. This 15.026 acre property has great attributes that can make this property ideal for a great developer. The property boast of over 1,000 feet of sandy beaches frontage with patches of mangrove; over 1,400 feet of creek front on the west which leads to the Caribbean Sea and also to Anderson’s Lagoon. Imagine you are the tip of a Peninsula with direct access to the Caribbean Sea and calm waters of the creek and Anderson Lagoon which would be great for mooring. The property as it sits raw land would be ideal for someone wanting to development the beach front portion and keeping the creek side for boat mooring.

Stretches of sandy beach that need to be cleaned to have pristine beaches for swimming, also along the coastline there are mangrove lining on parts of the sea front but with permits one can selectively clear and build the entire beach along the property. There is a 1- 1 ½ feet berm on the areas where the sandy beachfront is located and then it slopes down to low area retaining water which can be developed. On the north east of the property a few feet from the beach there is an area which is approximately close to 1.5 acres which is high and dry and one can appreciate in the photos how the end product after filling would look like. Most of the coastline can be accessed by boat that has 1 ½ to 3 foot draft and with a pier one can have easier access to deeper Caribbean waters.

The creek on the west part of the property is between 12-15 feet deep and the channel to the sea also is deep enough for most boats to access. The entire creek is navigable passing Anderson Lagoon and with a small boat (21-26 foot skiff) one can access a connecting channel which is about 5-8 feet across snaking through the mangroves between Anderson’ Lagoon and direct access to the Sittee River.

The Sittee River River Marina is just 2 miles from the property via the channel connecting the Sittee River to Anderson Lagoon and to the Creek and to the mouth to the sea is a total of 2.57 miles from the Sittee River Marina. The advantage is the distance, time and not to mentioned the safe protected waters. The distance from the property via open Sea and into the Sittee River it is 4.5 miles.

The property is situated approximately 2 miles south of the Sittee River in the Stann Creek District. The property is land locked and only boat accessible making the property ideal for Eco-Friendly development or Resort. Great Fishing in the Sittee River and one can be at the Great Barrier Reef within 30 minutes for great fishing or snorkelling or one can find numerous locations around for great fishing making this property a great potential for a Dive/Fishing Lodge development.

There are some beach homes approximately half mile north from the property that are also landlocked and only boat accessible. There is a large development along the beach and in Sapodilla Lagoon with Marina situated 1 mile south of the property with various high end homes.

Sittee River is approximately 2 hour drive from the Philip International Airport and it is a small village with both locals and expats. There are many eco-lodges along the banks of the river and on the beach there are master planned beach front community catering for expats. The area has many high end home with zoning and restrictive covenants. Hopkins Village is just 15 minute boat ride from the 15.026 acres. This property definitely has great location and ideal for any development.

The package offered is a 15.026 acre property being sold as is, where is with clear and transferrable title. There will be no contingencies attached to the sale except for the usual such as providing freehold title and property taxes paid current.

If the property is bought as a direct sale from the Belize Limited Liability Company the buyers will purchase the real estate asset only. However, if a buyer would like to purchase the Belize Limited Liability Company then it would purchase the company with its assets which then it would include the permits in need of renewal. The current owners of the company are more than willing to sign affidavits to guarantee there are no hidden encumbrances on this company. The below provides a short list of what permits were secured and need to be renewed:

28 Residential Lots (Subdivision Has been approved and registered)
1 Open Space consisting of 0.84 Acres
1 Open Space consisting 0.27 Acres
1 Marina (For Excavation) total of 1.144 acres
Remaining Area 1 consisting of 2.716 Acres on Creek Side
Remaining Area 2 consisting of 1.315 Acres on Creek Side
25 Foot Walkway throughout the subdivision

Upon renewing of the permits one can proceed with the development plan and apply for mutation and acquire title for each individual lot. By purchasing the company the permits may be renewed and you will have over 80% of the hard work completed and could start generating sales. The Subdivision approval has been granted but is only transferrable with the sale of the company.

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