Belize Farm-Cayo District Belize
2 MILES SOUTH POOK'S HILL ROAD, TEAKETTLE VILLAGE, CAYO DISTRICT BELIZE
$1,250,000.00 USD | 510 acres operating farm * 1 mile outside of the Village of Teakettle | Rolling hills of the Roaring Creek River Valley * Surrounded by Maya Mountains
Welcome to Belize Farm-Cayo District Belize
M & V Farm comprises 510 acres planted with Oranges (80 acres), Hybrid Coconuts, Sour Sop with the remaining planted in Tropical Hardwoods----Teak, Mahogany, Spanish Cedar and small amounts of other valuable but lesser known Hardwood Trees. The Tropical Hardwood Trees are like an annuity; each year growing in size and value.
M & V is located one mile outside of the Village of Teakettle in the Cayo District, just off the Western Highway. It has one mile of road frontage on the main road to one of the most visited tourist attractions in Belize; ATM Caves. Most farms are flat, not M & V, which is situated in the rolling hills of the Roaring Creek River Valley, providing panoramic views of fifteen to twenty miles of the surrounding Maya Mountains. There are miles of all weather roads within the farm, allowing access to all parts of the farm. The entire farm is fenced.
The spectacular hills scattered throughout the farm would offer great building sites if one wanted to develop the property as a fractional ownership working farm. Additional attractions could include horseback riding, drive an ATV through the Orange, Coconut and Hardwood trees--stop for a glass of fresh orange juice, or coconut water straight from the fruits instead of a man made container. The hills on the farm are easily high enough for Zip Lines.
There are three houses for the supervisors to live on-site, tool sheds and storage buildings to keep the farm equipment out of weather. Also included are three tractors as well as a full inventory of farm equipment and tools.
More and more coconuts are being planted to add even more diversity to the farm. The coconuts that are being planted are Hybrids of their descendants which are much more disease resistant and better producers than regular coconut trees. Each Coconut Tree produces nuts all year. Every month a new flowering branch appears which will bear ten to twelve coconuts that will mature in six or seven months.
The coconuts can be sold for water to a local processing plant who will come to the farm and gather them, or you can allow the coconuts to mature and process them for Coconut meat or oil to be used in cooking.
The Oranges are all Valencia and when harvested are sold to the Belize Citrus Growers Association, a co-op of which we are members. The Oranges are processed into Frozen Concentrate and sold to the world markets. The co-op provides field service consultation for any issues that may arise. Fertilizing time and type of fertilizer used are some of the many recommendations given to the farmer.
The Hardwood trees are plantation grown and are not deemed contraband like the undocumented trees that are harvested from National Parks without permission.
There are not enough words that can adequately describe the beauty of M&V Farm. Seeing is believing, come and take a look for yourself.
Crop Inventory 2016
M & V Farms has great income opportunity of specialty hardwood trees that mature in 17-18 years-But also other crops will provide cash flow in shorter term.
Estimated inventory of Hardwood Trees-310 acres hardwood (approx. 98k hardwood)
*78,000 + Teak Trees-Currently 75% are 6-8 years old
*17,000 + Mahogany trees
*5,600-Spanish Cedar
*1,790 Sapedilla
*763 Zireafe
*613 Other
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Other Trees
*75 acres producing oranges(approx. 8,500 orange trees)
*12acres soursop(approx. 2,200 soursop)
*75 acres coconuts(approx. 9,500 coconuts)
*See Listing Agents for operating cost and estimated revenue projections.
Tax Information
Property taxes are very low. For the taxes on all of the property included in M & V Farm’s total 510 acres, the annual amount is less than $1,400.00 US Dollars.
The maximum tax is based on the size of the parcel and its location.
Agricultural less than 30 acres $50.00
Agricultural 31-300 acres $550.00
Agricultural 301+ acres $650.00
All taxes are due April 1 each year.
There is a five percent transfer tax paid by the buyer; due at the time of purchase plus attorney fees of two percent. These taxes and fees are calculated based on the purchase price of the property.
Since M & V is a Belize Corporation and is a member of the International Business Companies Act, the income is from Oranges and Coconuts is tax exempt.
The property tax schedule is determined by the government as indicated above. There are no increases in property tax value, so if you build a house etc., no increase in property tax will be incurred. When you sell the property, no capital gains or taxes will occur. So if you buy a property for $100 then sell it for $1000, the seller has no tax consequences. The buyer has a five percent transfer tax plus two percent attorney fee. Belize has set up its tax system favorable for Foreign Investors.
Information on this website is deemed reliable but not guaranteed.
It is highly recommended that investors should consult with their own accountants and tax representatives before purchasing.
$1,250,000.00 USD
Welcome to Belize Farm-Cayo District Belize
M & V Farm comprises 510 acres planted with Oranges (80 acres), Hybrid Coconuts, Sour Sop with the remaining planted in Tropical Hardwoods----Teak, Mahogany, Spanish Cedar and small amounts of other valuable but lesser known Hardwood Trees. The Tropical Hardwood Trees are like an annuity; each year growing in size and value.
M & V is located one mile outside of the Village of Teakettle in the Cayo District, just off the Western Highway. It has one mile of road frontage on the main road to one of the most visited tourist attractions in Belize; ATM Caves. Most farms are flat, not M & V, which is situated in the rolling hills of the Roaring Creek River Valley, providing panoramic views of fifteen to twenty miles of the surrounding Maya Mountains. There are miles of all weather roads within the farm, allowing access to all parts of the farm. The entire farm is fenced.
The spectacular hills scattered throughout the farm would offer great building sites if one wanted to develop the property as a fractional ownership working farm. Additional attractions could include horseback riding, drive an ATV through the Orange, Coconut and Hardwood trees--stop for a glass of fresh orange juice, or coconut water straight from the fruits instead of a man made container. The hills on the farm are easily high enough for Zip Lines.
There are three houses for the supervisors to live on-site, tool sheds and storage buildings to keep the farm equipment out of weather. Also included are three tractors as well as a full inventory of farm equipment and tools.
More and more coconuts are being planted to add even more diversity to the farm. The coconuts that are being planted are Hybrids of their descendants which are much more disease resistant and better producers than regular coconut trees. Each Coconut Tree produces nuts all year. Every month a new flowering branch appears which will bear ten to twelve coconuts that will mature in six or seven months.
The coconuts can be sold for water to a local processing plant who will come to the farm and gather them, or you can allow the coconuts to mature and process them for Coconut meat or oil to be used in cooking.
The Oranges are all Valencia and when harvested are sold to the Belize Citrus Growers Association, a co-op of which we are members. The Oranges are processed into Frozen Concentrate and sold to the world markets. The co-op provides field service consultation for any issues that may arise. Fertilizing time and type of fertilizer used are some of the many recommendations given to the farmer.
The Hardwood trees are plantation grown and are not deemed contraband like the undocumented trees that are harvested from National Parks without permission.
There are not enough words that can adequately describe the beauty of M&V Farm. Seeing is believing, come and take a look for yourself.
Crop Inventory 2016
M & V Farms has great income opportunity of specialty hardwood trees that mature in 17-18 years-But also other crops will provide cash flow in shorter term.
Estimated inventory of Hardwood Trees-310 acres hardwood (approx. 98k hardwood)
*78,000 + Teak Trees-Currently 75% are 6-8 years old
*17,000 + Mahogany trees
*5,600-Spanish Cedar
*1,790 Sapedilla
*763 Zireafe
*613 Other
-----------------------------------------------------------------------------
Other Trees
*75 acres producing oranges(approx. 8,500 orange trees)
*12acres soursop(approx. 2,200 soursop)
*75 acres coconuts(approx. 9,500 coconuts)
*See Listing Agents for operating cost and estimated revenue projections.
Tax Information
Property taxes are very low. For the taxes on all of the property included in M & V Farm’s total 510 acres, the annual amount is less than $1,400.00 US Dollars.
The maximum tax is based on the size of the parcel and its location.
Agricultural less than 30 acres $50.00
Agricultural 31-300 acres $550.00
Agricultural 301+ acres $650.00
All taxes are due April 1 each year.
There is a five percent transfer tax paid by the buyer; due at the time of purchase plus attorney fees of two percent. These taxes and fees are calculated based on the purchase price of the property.
Since M & V is a Belize Corporation and is a member of the International Business Companies Act, the income is from Oranges and Coconuts is tax exempt.
The property tax schedule is determined by the government as indicated above. There are no increases in property tax value, so if you build a house etc., no increase in property tax will be incurred. When you sell the property, no capital gains or taxes will occur. So if you buy a property for $100 then sell it for $1000, the seller has no tax consequences. The buyer has a five percent transfer tax plus two percent attorney fee. Belize has set up its tax system favorable for Foreign Investors.
Information on this website is deemed reliable but not guaranteed.
It is highly recommended that investors should consult with their own accountants and tax representatives before purchasing.
$1,250,000.00 USD
Features:
- 510 Acres of Operating Farm
- Oranges,Coconuts, Sour Sop, and Hardwood trees
- Good Manager & Workers to operate farm
There are currently no open houses scheduled for this property. Please contact me for a private
showing.
Why should I purchase farm land in Belize?
Property taxes are very low. For the taxes on all of the property included in M & V Farm’s total 510 acres, the annual amount is less than $1,400.00 US Dollars.
The maximum tax is based on the size of the parcel and its location.
Agricultural less than 30 acres $50.00
Agricultural 31-300 acres $550.00
Agricultural 301+ acres $650.00
All taxes are due April 1 each year.
There is a five percent transfer tax paid by the buyer; due at the time of purchase plus attorney fees of two percent. These taxes and fees are calculated based on the purchase price of the property.
Since M & V is a Belize Corporation and is a member of the International Business Companies Act, the income is from Oranges and Coconuts is tax exempt.
The property tax schedule is determined by the government as indicated above. There are no increases in property tax value, so if you build a house etc., no increase in property tax will be incurred. When you sell the property, no capital gains or taxes will occur. So if you buy a property for $100 then sell it for $1000, the seller has no tax consequences. The buyer has a five percent transfer tax plus two percent attorney fee.
Belize has set up its tax system favorable for Foreign Investors.
Investors should check with Tax Laws before purchasing.
About Ken Schmidt
- CEO, Coldwell Banker Schmidt Family of Companies® with 66 offices Operating in Michigan, NE Ohio and SW Florida with 1200 Associates
- Licensed real estate professional for over 40 years
- CIPS, CRB, CRS, GRI and CRP real estate certifications
- NAR Green Certification
- Past President of TAAR - 2 terms
- Past "Realtor® of the Year" for TAAR
- Native of Traverse City, graduating froom Traverse City Area Public Schools.
- Married with 5 children (all TCAPS grads) and 13 grandchildren, with 4 of the 5 children living in Traverse City.
- Active in our local church, enjoying the blessings of a wonderful family and a passion for the real estate business.
- Enjoying the beauty of Northern Michigan's outdoors through hunting, boating and other outdoor activities.
Proudly represented by:
Ken Schmidt
Visit My WebsitePhone:231-883-3566
Mobile Phone: 231-883-3566
Fax: 231-995-8199
402 E Front Street
Traverse City, MI 49686
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