w w w. B e l i z e Is l a n d s R e a l E s t a t e . c o m
Properties with
Owner or Developer Financing
Properties with Owner or Developer Financing
Finding the right financing can be a challenge in Belize. If you don’t have the cash to pay
for a property outright along with the stamp tax or closing costs you’ll need to obtain financing through one of our local banks or look for an owner or developer willing to finance part of the purchase price. In many cases the financing they are offering is at better terms then you’ll get at the bank, plus it will be less hassle. Here are the top properties that I have right now were you can get in for very little money down and start to live your dream of owning property in the Caribbean. Mainly you’ll find vacant land under this section since its easier to get the seller to finance vacant land then improved properties but there are a few completed condos here as well.
Ambergris Woods Subdivision - Lot #10 Description: This lot is in a great location just 2 blocks from
the west side beaches of Ambergris Bay. A great area for swimming and for watching the sunsets. The lot sits in a private subdivision of only 37 building lots with a unique circular road layout. Utilities are not yet available in this area so building would need to be “off the grid” for now but power should be to the area within the next year or so.
Terms:
Full purchase price $29,900 U.S. Down payment $5,000 U.S. Monthly payments as low as $251 U.S. per month.
San Pedro Lagoon / Waterfront lot Parcel #5605 Description: Don’t let the term “Lagoon” scare you off. The term lagoon has a negative connotation
but here on Ambergris Caye the lagoon is a beautiful body of water that opens up to the Caribbean Sea. It’s really more of a bay then a lagoon. Ocean front anywhere close to San Pedro town starts at $450,000 for a single building lot and goes up from there. If this is out of your range but you still want to be on the water then lagoons lots are the next best thing. This lot is located in a new part of the island with major resorts and other homes very close by. The lots is currently only reachable by boat as are many homes and resorts in this area. This would be a perfect lot to buy now, whether you plan to build immediately or years in the future.
Terms: Full purchase price $80,000 Down payment $4,000 or $8,000 U.S. Monthly payments under $1,000 U.S.per month.
Properties with Owner or Developer Financing
One Bedroom Condo - Fully Furnished #B-202 Description: If you are looking for a completed property that you can use right now then check this out. This is a large one bedroom, one bath condo located on the second floor of this newer building that faces the waters of the lagoon. Right across the street is the ocean, so this condo is in a prime location and very close to town. This property can be used to live in full time, part time or you can buy it as an investment since its being sold at under replacement cost. It comes fully furnished with all appliances, furniture and kitchen supplies. Just bring your clothes and toothbrush and move right in.
Terms:
Full purchase price $125,000 Down Payment of $25,000 with monthly payments of $2,125 or Down Payment of $37,500 with monthly payments of $1,775 U.S.
Two Bedroom Two Bath Condo Ground Floor with spacious veranda Description: This condo is 1,250 square feet and features and open living room, kitchen and dining area. The master bedroom has a large walk-in owners closet and attached bath. The second bedroom is small but it works good for sleeping. It has central air, a large veranda and it comes fully furnished. The building is only about 4 years old and since it made of concrete block there is very little maintenance to worry about. HOA fees are low which makes this a great place to live in full time. This condo should appeal to those who are looking to live stress free.
Terms:
Full purchase price $179,000 U.S. Down payment: $44,500 Monthly payments as low as $1,180 per month.
Properties with Owner or Developer Financing
Beachfront lot in Ambergris Bay - Lot #203 Description: This lot is a beautiful building lot that sits right on the crystal clear waters of Ambergris Bay. Perfect to build you own little beachfront home for retirement or vacations. The lots is now for the first time accessible by road thanks to the new east / west connection road. Since that road went in this area of the island has been buzzing with activity. From this lot you’ll enjoy beautiful sunsets and views across Ambergris Bay with Cayo Rosario and Blackadore Caye (Leonardo Di’Caprio’s island) off in the distance. Terms:
Full purchase price $90,000 Down payment: $40,000 Monthly payments as low as $660 per month.
Grand Caribe is Belize’s pre-eminent condominium development and it’s now the finished article! Description: Unit D1 is a gorgeous 2 bedroom
2 bathroom oceanfront unit with 1500 square feet of living space. This unit is beautifully furnished, including top of the line appliances large and small, electronics including flat panel TV’s, artwork and all linens, drapes, towels, cutlery, crockery, nothing has been forgotten and this unit is ready to move in or rent out.
This unit is a ground floor unit with lovely views of the gardens, pools and ocean. A convenient veranda stairway allows easy access to the 3 wonderful swimming pools, the beach bar/grill and the white sandy beaches. Grand Caribe is unique amongst developments on Ambergris Caye because each and every unit has wonderful ocean views..even units like this one on the ground floor.
Terms:
Full purchase price $395,000 Down payment as low as 25% Monthly payments: Negotiable
Properties with Owner or Developer Financing
Woodlands Phase II - Lots 282 and 283 Description: These lots are all part of the
newest and largest subdivision on island located 3 1/2 miles north of San Pedro Town. From these lots it takes 6 minutes to reach the east side beaches and 6 minutes to reach the west side beaches putting you in a prime location. These lots are very economical and the financing is so easy that most anybody can buy. These lots are not on the water of course but at this price it offers the opportunity for anyone to get in the game and actually own property on Ambergris Caye. These lots make a great investment whether or not you ever intend to build on them.
Terms:
$21,000 per lot ($42,000 if you want both) Down payment of $2,000 per lot. Monthly payments of only $199 a month per lot.
For more information and listings:
Dennis J Kay II RE/MAX Southwind (The office across from Tropic Air)
Office (011)-501-226-4400 Cell (011)-501-632-6398 U.S. Efax: 303-265-9926
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