Property ID : MLS #05990
Financing Available!, For Sale $170,000 - Belize Condos For Sale, Belize Homes Under $200K, Homes For Sale in Belize, New Construction
Latest update as of May 8th: The ground floor (commercial space) is finishing up, and our contractors are starting to work on the second floor. We are still on track to complete the building by the end of 2017, and construction has moved very quickly the last few months.
Why the Diplomat:
- All residences enjoy unobstructed ocean views
- All residences have a private balcony facing the ocean
- Fantastic location between the airport and Downtown
- Northern Highway is becoming the new center of town
- Modern designs maximizing space in each unit
- All units are 2 bedroom/2 bathroom
- Option of finishing your own unit to your taste
- In house property- and rental management
- Only 8 units available
The Diplomat Building is the first building of its kind in Belize – offering luxury condos, with ocean views from your own private balcony as well as your living room – ensuring that you will be in good company with the most discerning buyers. No other building in Belize City can rival the modern design at The Diplomat, coupled with its fantastic location! The Northern Highway is being widened right now to make way for what will essentially be the new “downtown”, which puts you in a very prime location.
The building is located right at Mile marker 4 on the Northern highway, right between the International airport and Downtown, which makes the location ideal – and you will also have easy access to Mexico (just over two hours away) as well as the rest of the country.
The ground floor is a commercial space (finish it to your own specifications) while the other two floors have 3 condos per floor, all with two bedrooms and two bathrooms, which provides plenty of space for you and your visitors to enjoy all that Belize has to offer.
The Diplomat will have an on-site property- and rental manager, and rental income is expected in the range of $2500-$3000 per month, creating a net yield (after management and taxes + HOA) in the region of 10%.
There is also financing available (subject to status) from several local banks, as a purchaser normally you would need to bring 40% as your own contribution, with 60% being available as a loan.
Payment plans are also available at The Diplomat, so while you are able to avail of pre-launch prices, you are also tying your payments into stages of completion, so you will not need to pay in full until the building has been completed.
- Belize real estate
- Homes, houses, properties for sale in Belize
- Belize condos for sale
- Grand Caribe Condos
- Land for sale in Belize
- Islands for sale in Belize
- Farms for sale in Belize
- Ambergris Caye real estate
- Retiring in Belize
All listings priced in US$. If you are interested in this property, please contact James at 1.888.980.6448 or [email protected]