Incredible Potential For Development Investor – 48-Unit Condo Complex -Currently Under

  • $1,999,900
17.905408, -87.978179

Overview

  • Commercial, Condo, Developments
  • Property Type
  • 48
  • Units

Description

Located 2 miles south of town in the growing DFC area next to the stadium, this 48-unit condo complex offers incredible potential for a developer or investor who is seeking a turn-key project to finish.  With the quick growth of the island, jumping into already-authorized-project that has a complete set of construction documents, building permits and is actively under construction will save you considerable time and money.  With ownership of this property, you will own the land and the structure on top of the land.

Spanning over 3 floors, this building is laid out to contain the following:

Floor 1: 

Efficiency: 2
1 Bedroom: 14
2 Bedroom: 2

Floor 2:

1 Bedroom: 9
2 Bedroom: 6

Floor 3:

1 Bedroom: 9
2 Bedroom: 6

Allocated Space for Following Amenities:

  • Parking spaces for all condos
  • Community pool
  • Gym

This property is actively under construction, with the first floor already finished, and is slated to be completed by the middle of 2026. This building is being constructed out of solid concrete and steel, a proven and durable methodology on Ambergris Caye.

As the building owner, you can either feed the increasing demand for affordable long-term and vacation rentals, or sell the units individually and make a nice profit.  The property is currently undergoing the strata process.  

An investor summary is available upon request with a completed NDA.  Reach out for additional information or to receive the NDA.

  • Address Ambergris Caye, Belize
  • City Ambergris Caye
  • Area San Pedro
  • Country Belize

Details

Updated on September 28, 2024 at 2:47 am
  • Price: $1,999,900
  • Property Size: 48 Units
  • Property Type: Commercial, Condo, Developments
  • Property Status: For Sale

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Katie Ejikeme
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Katie Ejikeme
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