C O R O Z A L
Residential For Sale

Refer to: R130310

INVESTMENT OPPORTUNITY

Own a Waterfront vacation or retirement home in 5-unit residential complex and enjoy income from rental units.

Are you one of the growing numbers of retiring baby boomers, worrying how far your 401 will take you? Will you be able to travel? Will you have enough income without finding a part time job or will you be delaying retirement all together? This may be the perfect solution.

22 Palms LLC, a small investment company, is searching for one or two additional partners to share in the privileges and joy of owning an income-producing vacation or full time retirement home. 22 Palms is offering ownership shares, in a very private, well-designed group of five residential units offering extraordinary views, atmosphere, and living comfort. USD $235,400 buys 25 shares or for $417,300 you can own 50% and you will have a home that may be used as vacation home and added to the rental pool when you are away or your full time residence.

According to articles in AARP, Forbes and International Living; Belize and its northern District, Corozal is fast becoming one of the most popular retirement destinations in all of Central America. The unique complex of 22 Palms sits on 5 acres beside the aqua-blue waters of 4-Mile Lagoon, close to the northern Mexico border and the beautiful cosmopolitan city of Chetumal, Mexico; the property is accessible by boat or highway.

The main building has four fully self-contained units, surrounding a large central gathering room. Each 1000' square foot unit has 2 bedrooms, Jack-n-Jill baths, galley kitchen, a living room and storage areas. Each unit will be complete with appliances. Rental units will be completely furnished.

The large gathering room has a bar sink and drink refrigerator. The large windows offer a great view of the lagoon while you visit with guests, read your book or play games. There is a powder room and laundry room on the ground floor behind the gathering room and a loft area that could be a library. Each unit is to be fully furnished; all appliances installed.

Detached storage building has 3 12' x 24' and 1 14' x 36' garages. Above the 4-unit garage building is an 825 square foot apartment with beautiful large covered veranda. There is a second laundry room on the ground floor.

The 250' waterfront will have a boat dock and launch next to the large Palapa. This outdoor living area will be complete with full kitchen, Bar-B-Q and pizza oven. The sitting area is open with a wooden bench hanging over the water's edge and room for dinning and comfortable lounge chairs.

This is not a speculation investment. The project is well underway. The separate garage unit is already completed and occupied by the owners. Representing over 38 years in construction and building design the current owners have built to meet the most stringent hurricane building codes from the USA. The time frame for occupancy of the main building in the complex is less than one year.

Now is the time to invest in your perfect retirement home, just imagine you can live in paradise and have an income as well. Join us now and be a part of decisions about interior finishes, floor tiles, appliances and landscaping.

Gated
Wireless Internet
Satellite TV
24-hour security
On site property management
5 Two bedroom units with Jack-n-Jill baths
Additional kitchen in palapa
Orchard-mango, avocado, banana, star fruit, citrus
Boat launch and dock
Locally crafted Belizean hardwood doors and cabinetry
Two laundry rooms
Three 12' x 24' garages & one 14' x 36' garage

Residential For Sale Residential For Sale
Residential For Sale

Asking Price:
$235,400 for 25 shares or
$417,300 for 50% ownership
(Prices, terms, conditions and availability subject to changes without prior notice or obligation)


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TROPIC REAL ESTATE
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