Opportunity in Paradise – Progresso Pointe Belize Auction
Progresso Pointe Belize Auction – Progresso Pointe, a 4± acre parcel of land on Progresso Lagoon with over quarter of a mile of waterfront, is the perfect place to live, work, play, retire or even develop.
Progresso Pointe has 7 condo units, which are individually titled, and can be sold, rented out or even a combination of both. A 2 bedroom / 2 bath house, where the new owner/developer could live or retire. A caretaker’s apartment, entertainment areas, such as: the dining area, kitchen, beach bar & stage, two rustic waterfront cabins, and so much more.
There is additional space for future development to add another condo building, tiny home(s), or more entertaining amenities, such as day tours, yoga weekends, weekend retreats, etc.
This opportunity will be presented to the public, at auction, on Feb 22nd. The auction will be held live at the property and remote bidding will be made available for those who cannot attend the live auction.
The owner has made the decision to offer this property at Absolute Auction, meaning that the property will sell to the highest bidder, on auction day, regardless of price.
“I’ve been in this business over 20 years and have sold properties in 40 states and 11 countries, and I’ve never seen a property like this, where the barrier of entry is so attractive and so low but the rate of return is so high.” Warren A Ward, President of Albert Burney.
Investing in Belize is different than investing anywhere else in Central America. Belize is the only official English speaking country in Central America. And the Belizean legal system uses English Common Law. Countries like Taiwan and Kuwait are investing heavily into the infrastructure of Belize making this area of Belize a new gold mine of opportunity. With the new roads and bridges, Northern Belize will be even more accessible for tourist and growth.
In order to take advantage of this opportunity, registered bidders will need to register to bid, showing proof of funds, with the successful bidder putting a 10% earnest money deposit down on auction day, with the transaction set to close on or before 30 days after the auction.
Both owner financing and bank financing are available, call Albert Burney, the auction company, for more details.
The barrier of entry for this property is something that doesn’t come around often. Don’t miss this opportunity. For more information visit http://www.albertburney.com