Camalote Village Home for sale: 2 bedroom 879 sq.ft. (Listed 2011-09-20)

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Overview

Camalote Residence, Camalote Village , Cayo District

MLS#: ACRE-130
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  • Property ValueBZE$150,000
  • Property AddressCamalote Residence, Camalote Village , Cayo District, Belize
  • TypeHome
  • StyleResidential in Private Area
  • ParkingFenced private parking
  • Living Area879 sq.ft.
  • Lot Size Area1 acres
  • Bedrooms2
  • Bathroom1 full
  • School DistrictCayo District

Address

Camalote Residence, Camalote Village , Cayo District, Belize

Description

Home for Sale in the Camalote village offering a well maintained wooden house on stilt. The floor plan offers in size two generous bedrooms, one full bath and a shared Living & Kitchen area. Plenty space to create additional divisions or simply enjoy the current open space layout,ext.

Verandah: 147 square feet
First Floor: There is a large storage room and a Laundry area
Second Floor: 879 square feet

The property was recently all fenced with pine post and chain link.

Current owners invested at least $60,000 BZD on the property and the home since their acquisition in 2010. However they need to relocate due to employment requirements and post relocation.

Sections of the home may require some fixing/upgrading but most of it are aesthetic repairs such as sanding and varnishing the wooden floors throughout the living room and Kitchen area, or giving the home a fresh outside coat of paint.

The home sits on 1/2 an acre of land however included in the sale is an adjoining 1/2 of fruit trees that is also completely fenced and part of the residence enjoyment.

Features

Both Parcels are of gentle topography with several mature and bearing fruit trees such as Mango; Sugar Cane, Guava, maly apple, star fruit, golden plum and coconut.

Access to City water, Electricity, Cable TV, Telephone and High Speed Internet.

Just a short drive away from the Capital City of Belmopan where all commodities can be found.

Low annual property taxes

Property is Title and Land Taxes paid to date.

Listing Provided By

Arabella Chambers Limited

Real Estate Listing provided by
  • Arabella Chambers - Belize Real Estate
  • Mile 59 Western Hwy
  • Unitedville Village, Cayo District

Featured Property

Our properties are ALL TITLE FREE

As a truly professional real estate company Arabella Chambers does not accept listings until we have seen proper proof of ownership such as a TRANSFER CERTIFICATE OF TITLE, DEED or REGISTERED LAND CERTIFICATE. There have been cases where buyers have found out, the hard way that they were not the only owners of their piece of paradise.

At Arabella Chambers that will NEVER be the case. We work not only to find and provide our clients with that dream house, property, or perfect investment. We make sure that our great clients find trough our professionalism a “stress free” real estate experience in Belize.

Investing in Belize

Buying property in Belize is not a difficult process, but it does take time and commitment. Thanks to revised legislation, and on the proviso you have all your documentation in place, procuring your place in paradise could now take up to three-to-six months.

Foreign Ownership...

Foreigners can purchase to own land in Belize, Freehold.

There is no required permits by GOB for any foreigner to invest in real estate in Belize.

A Speculation Tax was implemented in 2002, which is a 5% of the undeveloped value of the land set by the Department of Natural Resources, and applies to property 300 acres and more. This Speculation Land Tax was passed to encourage large land holders to developed their property and not to sit on it to speculate. The property tax and Speculation Tax is due 1st of April of each year.

Property Taxes:

Property tax generally consists of between 1-1.5% of the value set by the Department of Natural Resources.

Property Exchange or Transfer:
Any form of transfer of property; whether sold, exchanged or given by way of a gift, there are closing costs related to these transactions. The charges are certain percentage per transaction.

Purchase of Land by Non-Belizean:

Non-Belizean pays 10% of the selling Consideration as a Stamp Duty or Transfer Tax to the GOB -Government of Belize.

Registration and fees are very minimal.

Lawyer's Fee for Legal Services for Conveying property is approximately 1-3% of selling consideration. Each individual is entitled to seek own personal Legal Council.

Approximative closing cost: 11-13% of the selling consideration.

 

Are you ready to place your home on the market?

Sale
Do you understand the process and details of selling a home? Be as informed as possible so you can make the absolute best business decisions. After all, the sale of your home is a business decision! Let me help you learn about this process. Visit my website for some helpful tips on selling your home or, better yet, give me a call. I'd be happy to answer any specific questions that you may have.

Alexia 

Belize Fast Facts


Location
south of the Yucatan Peninsula, east of Guatemala, in Central America

Time
Central Standard Time (GMT -6), no observance of DST

Size
180 miles long, 68 miles wide

Population
280,000 residents

Language
English

Currency
Belizean dollar, fixed exchange rate, = $0.50(USD)

Capital
Belmopan

We actualise your vision to create a real Home.

Home Design Services.jpg
At Arabella Chambers, we can assist you in creating a beautiful piece of artwork that conforms to your lifestyle and accentuates your surroundings. More importantly, we offer you a personal interpretation, adding significance to every square foot of your home. From our custom woodwork to open space designs, Lungarini Designs - New Homes affords you the vision to complete and enhance your own custom home.

It will be our pleasure to answer any of your questions. Ask us about our home collections; we may already have that special jewel about which you've been dreaming.

 

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