AMBERGRIS CAYE, Belize, Aug. 5, 2014 (GLOBE NEWSWIRE) -- via PRWEB - An incredible beachfront resort in Belize has just become available and provides a great opportunity. This jewel of Belize real estate is direct beachfront fee simple ownership property located North of San Pedro Town, and fronts on the largest Reef in the Western Hemisphere. This property consists of eight 2 bedroom, 2 bathroom condos and four 1 bed, 2 bath penthouse condo's all with stunning views over the Caribbean Sea and Belize Barrier Reef. As seen on http://www.buyrealestatebelize.com/listing-brightwater-resort-development-opportunity-295.html this resort development project requires very minimal work for completion. One 2 bedroom show unit has already been completed to a very high standard and all other apartments have been roughed in for both plumbing and electrical. All apartments feature great open plan layouts, full walkout balconies and are approximately 1400 sqft in size.
There are so many different ways to build value with this Belize real estate investment. Quotes have already been obtained for all necessary finishing work so the purchaser can buy the development and operate as a standalone resort. Alternatively, the show suite can be utilized to sell condo's off the plans and take things at a slower pace. Once fully developed a management company can be put in place to handle holiday rentals and this also represents a significant asset as the property management companies don't often come up for sale on Ambergris Caye. Last but not least, a water sports/dive shop right on the beach will maximize the overall potential of this great Belize property.
Most importantly the strata title work has all been completed for this resort so there will be no legal surprises after purchase. This really is a dream opportunity to design and build a piece of paradise overlooking the Caribbean Sea on the world's number 1 island tourist destination.
Belize continues to be among the top two of the Caribbean's fastest-growing tourism destinations, according to government and CTO data. Belize welcomed 101,981 stopover arrivals in the first three months of 2014, a 9.7 percent increase compared to the same period in 2014. This was the largest increase of any country with complete reporting for the first three months of 2014. Additionally Belize Real Estate prices are continuing to rise at a steady pace.
Here is what Islands Magazine says about Ambergris Caye:
"The budget-friendly properties available a few flip-flop steps away from the beach, an exuberant expat community and the vibrant streets of San Pedro earned this Central American island a place on our list. It's pretty easy to move here, too, since immigration policies are friendly, the locals speak English and it takes about two hours to reach Belize from Florida. Once there, life on Ambergris Caye entails lazing the days away on star-white beaches, spending afternoons snorkeling the world's second-largest barrier reef and enjoying nights at beachfront barbecues with newfound friends."
Coldwell Banker Ambergris Caye LTD specializes in Commercial and Residential Belize real estate sales as well as Beachfront land and Private Island sales.
Incredible Belize real estate development opportunity.
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Coldwell Banker Ambergris Caye LTD Dmitri Ioudine +501 622-8263