Overview
- Updated On:
- September 28, 2022
- Not Available Garages
- 10,000.00 ft2
Description
Secret Beach has exploded and the word is out, this is by far the most sought after area in Belize to invest in – whether to buy-and-hold for property appreciation, or to build income-producing rentals, or for a second home or retirement home, Secret Beach has something for everyone. This lot is at the heart of the entrance to Secret Beach, located on the main beach road access, just ¼ mile off the beach. There is only one main road entrance into Secret Beach, and this lot has 100’ of prime road frontage on the beach road!
This oversized lot measures 100’ x 100′ (10,000 sq.ft.), and has great development potential for either commercial use or multi-family residential use. Standard sized lots in San Pedro Town and in the Secret Beach area typically measure 50′ x 75′, or 3,750 sq.ft. In comparison, this lot is equivalent to 2 and 2/3 standard size lots all-in-one!! It cannot be overstated what this means in terms of appreciating property value and development potential. Lots of this size are increasing harder to come by, and have so many greater options than a standard lot size.
The opportunities are endless in terms of development, this property is large enough for a small condo project, a small boutique hotel, a large commercial building and/or several small private cottages and/or residences! To say that this lot is an excellent buy-and-hold investment is an enormous understatement. It is a foregone conclusion that all future growth and expansion in the Secret Beach area will incorporate major development along the main beach road access.
There’s no better location for investment if you are looking at the next 3-10 years. With almost zero inventory available this is a once-in-a-lifetime opportunity to own in the most coveted area of Ambergris Caye at fraction of what the property value will be in the next several years.
**Seller Financing Available**
• 30% Down
• 10% Interest
• 10-year AM
• 5-year balloon
• No pre-payment penalties