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Parcel 1076 Orchid Bay Resort Development Area, Warree Bight/ Fresh Water Creek, Corozal District

Posted by Jocelin Carvajal on January 14, 2025
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This is sealed bid auction.

Item condition: New

Time left:

Auction ends: February 27, 2025 11:00 pm
Timezone: UTC -6

This auction is sealed. In this type of auction all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price they submitted. If two bids with same value are placed for auction the one which was placed first wins the auction.

Minimum bid for this auction is $30,000.00.

Description

**Under the direction of the High Court of Belize, Licensed Auctioneer Ann Marie Fuller is offering the following property for sale via ONLINE AUCTION at www.isearch.bz. A reserve price has been set. Bidding is now open and will close on February 27, 2025, at 12:00 PM.

Please note: By participating and bidding in this auction, you acknowledge that you have read and agree to be bound by all Terms and Conditions.


Parcel # 3-89-1076

All that piece or parcel of land being parcel No. 3 89-1076 containing 649.92 square meters situated in Orchid Bay Resort Development Area, Warree Bight/ Fresh Water Creek Registration Section, Corozal District, as shown and described on registry index map at the office of the Commissioner of Lands and Surveys, Belmopan.
Land Area – 649.92 square meters
Area:
This area is known as Orchid Bay Resort (Point Alegre Development) situated in Warree Bight/Fresh Water Creek area, Corozal District in northern Belize Central America; this development is situated along the beach near Chunox Village. This location is only 40 minutes driving from Corozal Town. In addition is close to Cerros Maya area. This development consists of several cabanas, restaurant, swimming pool and private homes.
The area has been developing in a slow pace because of infrastructure and accessibility, however with upgrading of the Sarteneja road it is expected that traffic will increase and prospects will increase. This location is a gated community that provided safety for home owners, visitors and prospect buyers. This area is a calm and tranquil area far from the hustle and 9 bustle of the city. The demand for land along the beach or near the beach in on the increase hence this location can be considered marketable and can attract a high value in the open market.
Site:
The site is rectangular in shape and the soil characteristic appears to be sandy loamy type. The topography is flat low-lying, below road level. The site is partly cleared all secondary growth and is accessible by gravel road.

Auction History

February 7, 2025 12:00 amAuction started

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