#2146 - AN UNFINISHED, CARIBBEAN SEA-FRONT RESIDENTIAL COMMUNITY
Property Id:      #2146
Price : USD $5,000,000      BZD $10,000,000
Location:      
Type:      House Lots, Waterview, Waterfront, Commercial, Investment Property
Description: 

A unique opportunity to own a well-established, but unfinished, pandemic-induced, distressed, 114-acre residential community with a beachfront location on the Caribbean Sea in Northern Belize.

Launched in 2008, Orchid Bay is a Caribbean waterfront residential community located in Northern Belize on Corozal Bay. Situated on a 114-acre site, Phase I of the resort development has been successfully constructed and consists of: 24 sold beach club casitas, 12 sold beachfront condominium residences, 30 sold and completed single family residences with 3 additional single-family residences sold and under construction, the 11 room Crimson Orchid Inn (a beachfront restaurant and club), an administrative office building, and residential amenities. In addition, Orchid Bay has also sold 99 single family residential lots, with the residences to be built by the owners through third-party builders.

To date, in addition to the improvements listed above, Orchid Bay has completed construction of the roads, underground electrical distribution to most lots, and a water treatment system which currently serves the existing improvements of Orchid Bay and which can be expanded to accommodate future expansion.

English-speaking Belize is a Caribbean country only 2 hours from the US and home to the Northern hemisphere’s longest reef. Belize has 9 direct flights from the US and is an extension of Mexico’s Maya Riviera and less than five-hour drive from Cancun. Belize is a member of the British Commonwealth and its currency is pegged to the US dollar. It is located in Central America bordered by Mexico to the north, Guatemala to the south and west and the Caribbean Sea to the east. Its mainland is about 180 miles long and 68 miles wide.












RE/MAX Property Center
Agent : John Acott
Cell : 5016782000
John@BelizePropertyCenter.com

RE/MAX PROPERTY CENTER
San Ignacio, Cayo
Tel: (011) 501 824-0550
Toll-free from North America: 1-877-836-2756