C1492 - The Cove Residences and Resort - US$680,000

COVE Oceanside Resort & Residences is an exclusive lifestyle community currently under construction along the 16-mile Placencia peninsula in Belize, Central America. Tower 1 of the development, designed by renowned local architect Andrea Bacher of ab2architects, is set to be completed by March 2025. The project will eventually feature four condominium towers, with Phase 1 consisting of two 5-storey towers and Phase II adding two 8-storey towers. Residents will enjoy convenient access to a variety of amenities, including two pools, two cafés, a yoga spa, and a 250-foot pier along the Caribbean shoreline. In total, the development will offer 96 luxury residences.

COVE Oceanside Resort & Residences combines a relaxed, adventurous lifestyle with a resort-like experience. The property offers an indulgent spa, fully equipped fitness center, four pools, two restaurants, and luxurious accommodations, all set against stunning views of the Placencia peninsula.

The development features 1, 2, and 3-bedroom condos, thoughtfully designed with natural materials and custom furnishings, all offering panoramic views of the Caribbean Sea, Placencia Lagoon, and the Maya Mountains. Each residence is equipped with a gourmet kitchen, state-of-the-art appliances, imported porcelain floors, and modern technology, including 55” smart televisions with Bluetooth sound systems and high-tech YORK air conditioning systems. Spacious, furnished terraces provide the perfect spot to unwind while taking in views of either the azure Caribbean or the peaceful lagoon.

Master bedrooms are designed as serene retreats, complete with pillow-top mattresses, elegant furnishings, and luxurious accessories. The master bathrooms offer glass-enclosed rainforest showers, double stone vanities, and premium amenities for a pampered experience. The 3-bedroom penthouses elevate luxury living with grand foyers, vaulted ceilings, upgraded amenities, and breathtaking views of the Caribbean Sea.

With a planned move-in date for Tower 1 and the first pool in March 2025, followed by Tower 2 later in the year, COVE Oceanside Resort & Residences aims to bring a world-class development to the Placencia peninsula, offering both residents and the community a project to be proud of.

Key Highlights of the Investment Opportunity:High-quality construction with modern Italian interiors throughout, furnished units included.Situated in a high-value real estate area with consistent property value growth.850 feet of prime Caribbean seafront with lagoon and Maya Mountain views.Developed by an experienced team with a successful track record in the USA and Belize.Purchases can close within 45-60 days.

Buyer Options:Option A – Living in the Unit: Residents will have unlimited use of their unit and be responsible for utility costs and monthly HOA fees.Option B – Non-Living in the Unit: Owners not residing in their units can enjoy up to 3 weeks per year for personal stays (with advanced booking) and may choose to participate in the rental program.

Pricing and Payment:Fully furnishing of units is included in the price, with an option for a $35,000 USD discount on 1 and 2-bedroom units if purchased unfurnished. Buyers also have the option to switch units (if available).HOA fees are calculated at $0.35 per square foot (e.g., $458.85 per month for a 1,311 sq. ft. unit).COVE Oceanside Resort & Residences promises an extraordinary lifestyle in a stunning location.