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Auction Property For Sale

Auction ended at 8pm on Monday 31st May 2010

Address:Los Porticos Bldg.5 Main Street
Stann Creek District
Placencia Village
Belize
AA0 0AA
Belize C.A.
Property type:Semi-detached
Location Map:AA0 0AA
Number of bedrooms:2
Tenure:Freehold
Service Charges:£2724/yr
Seller's 1st Phone #:501-523-3045
Seller's 2nd Phone #:501-523-3227
Seller's E-mail Address:sales@losportico.com
Seller's Fax Number:501-523-3226
Total number of Floors:two
Purpose Built/Converted:Purpose Built
Start price:£130,900
Auction date:31/05/2010
Description:THE BEST PRICE IN THE ENTIRE CARIBBEAN

Los Porticos Villas , selling for £ 130,900 is an unheard of price as comparable units in our area have sold for £ 220,860. Compared our incredibly low price to those in Cancun, St Thomas or St. Martin where a two bedroom, 2 bathroom villa will sell for £410,171

Los Porticos Villas, a place you dream of where you can prop your feet on the veranda rail and watch the sun dip behind a watery horizon. Looking for an investment you can enjoy a few weeks or months a year or as a retirement home, than Los Porticos Villas is for you. This is truly an exceptional real estate opportunity.
Timing is everything. Right now, Belize is the fastest-growing tourist port in the Caribbean poised to become the regions Next Hot Spot. Peaceful, politically stable and English speaking Belize has a wealth of benefits to offer. It is not often that you can pinpoint a boom in the making, that’s exactly what’s taking shape in Belize. As word about this lovely nation spreads, property prices will start to increase. Get in before the destination catches on and the market catches up.

Belize’s legal system is based on British Common Law and there are no restrictions on foreign ownership of real estate. Other appealing factors are; attractive incentives for retirees, tax holidays of up to 20 years for qualified business, English speaking population and stable currency (Belize dollar is fixed at two to one US dollar.)
Belize has expanded its International Airport and is now negotiating with airlines to fly direct from London England. A second International Airport is now under construction within 8 miles of Placencia Village which will attract more tourists to our area.
Los Porticos Villas is a new premier 37 unit luxury turnkey resorts developed on the shore of the Caribbean, on one of the best beaches in Belize. The resort features two swimming pools. All units have 2 bedrooms, 2 spacious bathrooms, large kitchens and have ceramic tile throughout. All units are fully furnished and are air conditioned. Architecturally pleasing, the villas are built with only the finest products which include granite counter tops, solid mahogany cabinets and vanities, imported lighting fixtures and furnishings. Each villa is equipped with stainless steel appliances including- microwaves, refrigerators, stoves, dishwashers and come with clothes washers and dryers.
The units for auction are 1123 sq.ft. with 450 sq.ft. of covered balcony.
Los Porticos will feature a restaurant and bar, meeting rooms (able to hold up to 100 people,) and gym facility and a first class day spa.
Additional Notes:There is a 5% stamp tax over and above the selling price which is remitted to the Belize Government.
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Please note that all the above information has been supplied by the seller. AuctionYourProperty.com has not inspected the property nor verified that the description is accurate. Interested parties should carry out all necessary precautions to satisfy themselves as to exactly what is being offered.