This property consists of a mature residential resort located on
the island of Ambergris Caye in Belize. Ambergris Caye is a
highly-sought 2nd home destination for North Americans due to
the proximity to major US Gateways, English language, low taxes, and attractive property values and ROIs.
This property is a part of the Preferred Collection of resorts. The
property consists of thirty-nine (39) oceanfront residential units,
restaurant, bar, fitness center, a curved pier, pools, and other
amenities. It has some 450 feet of beachfront. 25 of these units
are owned by private owners and are included in the shared property management program.
Phase 2 of the development includes the construction of an
additional 39 condominium units which will effectively double
the size of the development. Added to the unsold inventory of
Phase 1 this overall inventory value is approximately US$22.5M.
Year : 2022
Project Name : North Ambergris Caye
Location : Belize