Roaring Creek Commercial for sale: (Listed 2009-04-18)

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Overview

Mile 47.5 western Hwy, Roaring Creek, Cayo District

MLS#:
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  • Property ValueBZE$95,000
  • Property AddressMile 47.5 western Hwy, Roaring Creek, Cayo District, Belize
  • TypeCommercial
  • StyleTwo Story
  • Parkingnone
  • Lot Frontage80 ft
  • Lot Depth100 ft
  • School DistrictCayo

Address

Mile 47.5 western Hwy, Roaring Creek, Cayo District, Belize

Description

Nice building, excellent for commercial purposes located on Mile 47.5 on the Western Highway, in the entrance toward Belmopan in Roaring Creek, Cayo. The building has potential for business such as shop, hotel, restaurant etc. Two storey building measures on top level 30’X40’,bottom level 25’ X35’and has a fenced yard of 80’ X 100’. The upper level plan is suitable for a four suite hotel and the lower level excellent for an exquisite restaurant. There is also a space for a suite, an office and one storage room. Location counts with all basic utility needs, and is very safe. This property needs a nice hand but definitely good to go!

For more information about the conveniences found in the capital, visit our Belmopan Resources page.

Contact us to schedule a viewing today!

If you would like to purchase this property immediately, simply email us to make arrangements and sign a purchase contract, thereafter a 10% earnest money deposit is required to secure the transaction. Within days the title will be ready for transfer into the new ownership, at this time the balance of the purchase price will be due and upon receipt of the funds, it will take the Government Lands Department 3 to 4 weeks to complete registration of your title.

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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