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Prime Investment Property In Belize
February 23, 2010Article by Ray Withers
A Belize property development has been pinpointed as offering among the finest investment potential on the international stage. The announcement — which is actually more of a proclamation — comes from international property investment consultancy Property Frontiers.
It has to be said, upon reading the release one is forced to agree with them, and the most important thing about that is that it comes from the fact, not that the company makes an impressive case for the property being a top investment, but rather that the property makes an impressive case for itself.
The Belize property in question is the Cayo District reserve. The development offers half-acre land-lots from £20k, with the option to build 1, 2 and 3 bedroom villas at prices starting from £72,400. The prices alone are enough to grab most investors’ attention, not to mention the level of luxury that’s on offer. But it is the location that is the real seller.
The Cayo District development is a gated ecological community combining environmentally friendly self sufficient homes, a boutique eco hotel, wildlife reserve, conservation centre and organic gardens. When the hotel is completed later this year it will also have leisure facilities, pool spa etc, restaurants and shops. The lots — of which there are only 12 remaining — surround the central boutique hotel. Those who decide to build have their property added to the rental pool under the hotel management.
Another selling point of the resort is that it is 100% eco-friendly, with natural springs to supply the water, solar electricity and an anaerobic bacteria based sewage system, it will be 100% carbon neutral and have minimal running costs. It is not surprising then, that the reserve has been awarded an “excellent” kite mark from whatgreenhome.com.
David Cox, Property Frontiers’ director said of the development:
“Developments like this don’t come around too often; developments where it is extremely difficult to imagine them not bringing in phenomenal rental yields and capital appreciation. But the Cayo District nature reserve development is most certainly one of them,” said David Cox, director of the firm.
“The location alone is out of this world,” continued Cox. “One thing the crunch has taught us is that people are always willing to pay more for a great location — not to mention the fact that the area being protected means no risk of overdevelopment, and exclusivity maintaining upwards pressure on prices,” he said.