near Belmopan, property with highway frontage, 5.17 acres of Land for sale: (Listed 2009-05-28)

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Overview

Hummingbird Highway, near Belmopan City, Cayo District

MLS#: ACRE-61
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  • Property ValueBZE$385,000
  • Property AddressHummingbird Highway, near Belmopan City, Cayo District, Belize
  • TypeLand
  • Parkingnone
  • Year BuiltLand Only
  • Lot Size Area5.17 acres
  • School DistrictCayo

Address

Hummingbird Highway, near Belmopan City, Cayo District, Belize

Description

An exceptional 5.17 acres property near the capital city of Belmopan is now available to all discerning investors. If you’ve been searching for the right property, that may allow you residential and/or commercial development options for your future development plans. Well look no more, this parcel of land is the one we are suggesting that you should schedule a viewing for.

The land is situated just off the hummingbird highway and offers generous highway frontage, plus it has a bordering all weather road. Electricity and water sources are within reach and would require only, to be pulled in to your preferred locations. Still, we believe that this property is no gamble and may be the right choice for several development dreams.

The land at present is undeveloped, yet could be cleared at very low costs. The land is mostly flat and the site abounds with Cohune palm tree which is usually an indication that the soil is very fertile. Therefore, after a quick clearing your building plans may easily begin and what you may choose to do with it is up to you. However, it would be a great site for residential subdivisions, tourism related ventures and/or your own personal getaway or estate.
Should anyone be interested in acquiring an additional 5 acres, the adjoining parcel (3023) may also be added to your current or future acquisition and expansion plans.

To view the property location, please refer to the provided property map parcel 3021

Pictures of the site will be posted soon.


Features

For more information about Belmopan and it's surroundings please visit our Belmopan Resources page.

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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