RE/MAX is delighted to present for sale this unique opportunity to acquire a prime piece of lagoon land. The property, which is rectangular in shape covers an area of 9.253 acres, with approximately 300 feet of direct lagoon access.
This land is located near the center of Placencia Village, right next door to the airport. Many of the local resorts are situated nearby, including the sought after Turtle Inn which is owned by acclaimed director Francis Ford Coppola and attracts guests such as Mel Gibson, Leonardo Di-Caprio and Robert De-Niro. Many other amenities are situated close by such as banks, grocery stores, bars and restaurants etc.
This land, which requires some fill is absolutely ideal for someone looking to develop. Alternatively someone could look to purchase the property for pure investment as there is currently a real estate “boom” in Placencia due to the many improvements and developments taking place such as the nearby international airport, the major road improvements and the construction of numerous multi million dollar condominium projects and a casino.
The preferred method of filling here is to excavate sand from the nearby lagoon, which is in this particular area is an excellent fine sand which has very little waste or mud. This sand can therefore be sourced right at the site of developments and will alleviate the need to import fill from further afield. Indeed, in our opinion the best way to develop this land would be to form a canal down the length of this strip directly from the lagoon and use the excavated sand as fill for the remaining land. In addition by forming a canal you automatically create additional lots with water access which is more appealing to potential buyers as undoubtedly any purchaser interested in this property would be interested in creating lots to sell of individually.
In our opinion you could create approximately 20-30 lots here making this a financially lucrative proposition. Other huge benefits include the fact that this lot gives excellent access to the Caribbean Sea straight out of the lagoon. This also means that the numerous nearby cayes (islands) are easily accessible. Placencia is also considered to be the permit capital of the world and many other game fish are caught daily including tarpon, snook, bonefish etc.
We are also located nearby the second largest barrier reef in the world and boast top class fishing and snorkelling etc.
Other Lot/Vacant Land in Placencia, Belize
in price range of $500K-$1.0M
|L8301||1/2 Acre Prime Beachfront in Placencia Village||$749K||Active|
|L8339||Developer’s dream! — 4.3 Acre Lot with Ocean and Lagoon Front for Sale in Belize||$825K||Active|