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Residential Home with Income Generating Potential, Vista Del Mar, Ladyville

BZ$ 475,000

Residential Home with Income Generating Potential, Vista Del Mar, Ladyville

No. 208 Sea Sponge Street, ,

Property Details

Property Id : 4559
Price: BZ$ 475,000
Property Size: 2,188.00 ft2
Property Lot Size: 3,750.00 ft2
Bedrooms: 5
Bathrooms: 3

Description

Description

Located in the peaceful and rapidly developing community of Vista Del Mar in Ladyville, Belize, this two-storey residential building offers two spacious, fully equipped units, each featuring three bedrooms and two bathrooms. Whether you’re looking for a multi-family home or an income-generating investment, this property offers both comfort and functionality.

Property Features:

  • Lot Dimensions: 50 x 75 ft lot with ample space for parking, outdoor activities, and future landscaping or development.
  • Building Size: Approx. 2,188 sq. ft. spread across two floors, offering spacious living areas, functional layouts, and excellent design for comfort and privacy.
  • Two Separate Units:
    • Ground Floor Unit: Features 3 bedrooms, 2 bathrooms, a well-equipped kitchen, dining area, and a spacious living room.
    • Second Floor Unit: Includes the same layout with 3 bedrooms, 2 bathrooms, kitchen, dining, and living spaces, offering privacy and elevated views.
  • Separate Entrances: Each unit has its own private entrance, ensuring complete independence for each resident or tenant.
  • Parking: Ample parking space available on the property for the occupants.

Structural Features:

  • Reinforced Concrete Foundation: The building is supported by a strong reinforced concrete foundation, providing long-term durability and stability.
  • Ground Floor Beams and Columns: The ground floor features reinforced beams and columns to ensure structural integrity.
  • Walls: The exterior walls are constructed with concrete blocks, plastered, and painted for durability and a clean finish. Internal walls on the lower floor are a mixture of concrete blocks and drywall, while the upper floor is fully finished with drywall, all painted for a modern and clean look.
  • Windows and Doors: Windows are aluminium louvers, providing durability and easy maintenance. The doors are made of solid mahogany paneling, adding a touch of elegance and warmth to the home.

Interior Features:

  • Flooring: Both the ground and upper floors are finished with attractive, easy-to-maintain tiles, creating a polished look throughout the building.
  • Ceiling Fans & Air Conditioning: Ceiling fans are installed in the living areas and one bedroom, while air-conditioning units are provided in one bedroom and the living room, ensuring comfort year-round.
  • Roof: The roof is constructed with timber trusses and corrugated galvanized sheeting, offering excellent protection from the elements. The ceiling is finished with drywall and painted for a clean, modern aesthetic.

Outdoor Space & Landscaping:

  • The generous lot size provides ample room for landscaping, gardening, or additional outdoor features, making it perfect for families and those who enjoy spending time outdoors.

Investment Opportunity:

This property offers excellent potential as both a family home and a rental investment. With two independent units, the building allows for either multi-generational living or the opportunity to rent one unit while living in the other. Located in the growing Vista Del Mar area, just a short distance from Ladyville’s commercial amenities, schools, and the Belize International Airport, this property is in a highly desirable location for renters or homeowners.

Additional Details:

  • Location: Conveniently located with easy access to major roads and the airport.
  • Rental Potential: The two separate units are perfect for generating rental income.

This two-storey property is a fantastic opportunity to invest in a well-constructed, well-located building in one of Belize’s most sought-after areas. Whether you’re looking for a place to live or an investment that will generate consistent returns, this property offers great value.

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Daniel R. Matus