Point Alegre,Belize
FOR SALE: 3,985-Acres in Northern Belize known as Point Alegre. Point Alegre has 5 miles of Caribbean Sea frontage and 1.5 miles of lake frontage. There are three separate but contiguous parcels. Title is held by Santa Maria Limited, a Belizean Corporation.
Parcel "A" 885 acres, with 7,840 +/- feet of sea frontage.
Parcel "B-1" 1,560 acres, with 9,000 +/- feet of sea frontage.
Parcel "B-2" 1,540 acres, with 9,000 +/- feet of sea frontage.
****These Parcels May Be Sold Separately
PRICE: $3,825,600.00 U.S. Total
Parcel "A" 885 acres @ $960.00/acre = $849,600 Total
Parcel "B-1" 1,560 acres @ $960.00/acre = $1,497,600 Total
Parcel "B-2" 1,540 acres @ $960.00/acre = $1,478,400 Total
Owners will consider all offers. Government transfer fees and attorney fees for transfer of title, will be paid for by the buyer (estimated to be between 5 and 13 % of the sales price). Seller pays commissions and prorated land taxes.
LAND TAXES: Approximately 1% of the selling price.
Property Profile
LOCATION: Point Alegre is located on the Caribbean, approximately 85 miles north of Belize City, 35 miles northeast of Orange Walk Town, and 30 miles southeast of Corozal Town. The highway from Belize City to Orange Walk and Corozal is paved. Highways from Orange Walk and Corozal to the property are limestone. By boat the property is 8 miles from Corozal and 11 miles from Chetumal, Mexico.
POTENTIAL & BEST USES: Resorts, Casinos, Retirement Villages, Golf Courses, Agriculture and Aquaculture.
TOPOGRAPHY: The land starts at 1 to 1.5 feet above sea level and rises gradually
to 20 feet plus, 1/2 mile inland. The topography around the lake is very similar. Point Alegre is almost entirely high ground, it is very gently rolling.
WATER: For potable water, the tropical rainfall allows for the use of cisterns along the coast, however, wells have been put in on the property at a depth of 20 to 40 feet at the higher elevations. Large developments could drill wells 300 feet plus for ample fresh water supplies.
SOILS: The soils are very fertile and are suitable for the production of beans, tomatoes, vegetables, peanuts, rice, citrus, papayas, mangos, bananas, pineapples, coconuts, and numerous other crops. There are areas of limestone deposits providing easy access to road materials.
INFRASTRUCTURE: There are 2 dirt roads through the property, one from the Sarteneja highway through the property to the sea, giving access to parcels A and B-1. A second road gives access to parcel B-2 and Barracuda Lake. Electricity is roughly 1/2 mile from the property at the village of Chunox. There are no sewers on the property.
BELIZE: Belize is a sovereign commonwealth nation formerly known as British Honduras, located in the Western Caribbean. It is part of the southern Yucatan Peninsula on the east coast of Central America fronting the Caribbean Sea. It is approximately 750 miles from Miami, Houston, and New Orleans, each of which has daily flights to Belize City International Airport. Belize is 250 miles south of Cancun, Mexico. The country is bordered by Mexico to the north and Guatemala to the west and south.
Belize is English speaking (the official language) with a history of political stability and a literacy rate of over 90%. The country boasts bountiful natural resources, including the four R's: Rainforests, Rivers, Mayan Ruins, and the 2nd longest Barrier Reef (185 miles) in the world. With the worlds friendliest people, the best fishing and diving anywhere, and this countries unspoiled natural beauty, Belize is coming to be known as the darling of the Caribbean
