Belize...the hidden jewel of the Caribbean

Belize...the hidden jewel of the Caribbean
Belize is an amazingly beautiful English-speaking country known as the "Gateway to the
Caribbean". Belize has over 200 islands that dot the turquoise Caribbean waters just off the
shore and boasts having the second largest barrier reef in the world. It’s a paradise set in a
tropical location, with warm water, gentle breezes, lush scenic surroundings with sun-soaked
shores and beautiful turquoise seas.
A temperate year-round climate, white sandy beaches, an abundance of natural resources,
magnificent natural attractions, and friendly people make Belize a great choice for a vacation,
retirement or just to get away. Diving, snorkeling, breathtaking mountains, visits to nature
reserves, butterfly farms and Mayan temples promise to be spectacular.
Located on the Placencia Peninsula in Belize, Central America, the Ara Macao Resort and
Marina (the “Property”) is a fully entitled 600-acre estate containing 5,100 linear feet of
frontage on the Caribbean Sea and 200 linear feet of frontage on the Placencia Lagoon. The
Property has been approved by the Government of Belize Department of the Environment to
develop a master planned residential marina community.
This document has been written to provide potential purchasers of residential lots and
condominium homes with sufficient information to make an informed decision to purchase.
This document also offers to Phase I first responders a compelling incentive program.
Resort Features
600 tropical forested acres with one mile of Caribbean white sand beach.
Phase I: deep water marina and interconnecting inland canal with direct access to the
Caribbean Sea. The marina is designed to provide full service docking, boat storage and
repair for 96 vessels up to 200 feet in length.
Phase I: 48 luxury beach condos, 180 luxury canal condos and 72 luxury marina condos.
Phase I: 34 residential ocean lots and 120 residential canal lots.
Phase I: 75 unit beachfront boutique hotel.
Welcome center with restaurant, swimming pool, fitness center and tiki bar.
9 Hole Executive Golf Course
Equestrian Center
Unique support structures including indigenous plant nursery, rainforest nature
preserve, snorkeling reef and artesian water well.
The Resort will offer Kayaking, Scuba Diving, Snorkeling, Volley Ball, Tennis, Bocce
Ball, Bicycles, and Nature Trails.
Advantages of Belize
Friendly, English speaking stable democracy based on British Parliamentary Law (much
like U.S.A.)
Comfortable year-round climate off main hurricane track with clean environment and
40% of land under preservation.
U. S. citizens get guaranteed title to land with dual citizenship under Belize Qualified
Retired Persons Incentive Act.
Low cost of living with Belize dollar fixed to U.S. dollar at 2 to 1.
World class diving, grand slam fishing and Mayan ruins, many undiscovered.
2 Hour Flight from U.S. (Miami, Charlotte, Atlanta, New Orleans, Dallas, Houston).
Offshore banking, asset protection and tax optimization
Overview
The Property is located at the gateway to the Placencia Peninsula on the southern coast of
Belize, a sunny region highly prized for its great weather, turquoise water and sugary sand
beaches. The Placencia Peninsula is a 14 mile strip of land featuring Caribbean beach on its
Eastern boundary and the Placencia Lagoon on its Western boundary, effectively offering
island-like living with mainland advantages. Placencia is home to 5-time academy award
winner Francis Ford Coppola’s famous Turtle Inn and is considered by Conde Naste, Travel &
Leisure and Fodor’s alike to be the next great Caribbean destination.
Why Ara Macao?
After reviewing and analyzing opportunities throughout the Caribbean, the Developer
identified Belize, a small country located on the western border of the Caribbean Sea, as one of
the best development opportunities for vacation homes, retirement homes and leisure travel
being fueled by an aging baby boomer population. The Developer chose Belize as the location
to acquire the Property because it provides a unique blend of history, geography, and culture.
Perhaps the best-kept secret of Belize is its environment, which includes tropical rainforests,
mountain ranges, white sand beaches, beautiful islands, and the largest Barrier Reef in the
Western Hemisphere. Buried in the landscape of Belize lies ancient Mayan ruins, flowering
plants, and the exotic Scarlet Macaw (Ara Macao), a rare bird species of the macaw family.
Hidden below the sea lies the Belize Barrier Reef, underwater caves, and the famous Blue Hole
considered one of the world’s best dive locations. Simply stated, Belize is not just a place in the
sun, it’s a place to live and explore.
The Placencia Peninsula has become a primary beneficiary of the Belize National Sustainable
Tourism Master Plan (“NSTMP”), which governs the development and growth of tourism
through the year 2030. Under the NSTMP the Peninsula will receive significant new
infrastructure to support new resort projects such as Ara Macao. Already, a new high-speed
modern roadway runs through the Peninsula connecting it to the Central American Highway
system. A new International Airport is under construction just a few kilometers northwest of
the Peninsula and is projected to be opened within the next 12 to 18 months. Norwegian
Cruise Lines is developing a new cruise destination on 75 acres spanning two islands just a
few miles off the coast of Placencia Village.
The Charter Program
The Developer is conducting this Charter Program as part of its capital funding program to
help launch Phase I of the Resort. Up to 50 purchasers are invited to participate in the Charter
Program to take advantage of an array of special incentives.
By participating in the Ara Macao Charter Program, you will receive the following special
incentives:
20% off the already low pre-construction price
First choice of unit location based on availability
An all expense paid site inspection trip for two persons to the Placencia Peninsula in
Belize
To qualify for Charter Program incentives, a purchaser must present a down payment of 25%
of the purchase price (the “Deposit”) with their contract. In the case of the purchase of a lot,
the purchaser will make additional progress payments as follows: 25% upon completion of the
beachfront road leading to the lot; 25% upon completion of installation of utilities and 25%
upon closing. In the case of a condominium purchase, the purchaser will make progress
payments as follows: 25% when the condominium building concrete foundation and frame is
complete; 25% when the condominium building is under roof and closed in with windows and
doors installed; and 25% upon closing.
Immediately after executing a purchase contract and making their Deposit, the purchaser and
a second person are invited to fly down to the Property for a site inspection and experience a
taste of Belize with all expenses paid. A representative of the Developer will host the
purchaser’s party on a personal tour of the Property by sea and land. Participants will enjoy
walking the Property and experiencing first hand a virgin rainforest growing right to the edge
of the Caribbean Sea.
Participants will stay at a luxury resort situated nearby the Property located right on the
Placencia Beach. Transfers, food and beverage will be included. Participants will have an
opportunity to visit the area and see for themselves just how stunning this offer is.
Further, in order to fully experience the essence of Belize, participants will be escorted on their
choice of several adventure opportunities. These include a visit to the Cockscomb Basin, the
world’s largest Jaguar Preserve. Here visitors discover and explore the flora and fauna of a
natural rainforest including a visit to a mountainside waterfall and a river tubing ride.
Participants may choose to explore a choice of several ancient Mayan ruins, to learn the
mysteries of this fascinating lost culture.
Others may choose to go diving or snorkeling along the many cayes and the Belize Barrier
Reef, one of the top diving locations in the world. World-class grand slam fishing, sail fishing,
fly fishing and more is available in one of the most sought after fishing spots in the Western
Hemisphere. There will also be plenty of time for beaching, shopping or just laying around the
pool with a favorite book.
How do I Purchase?
To make an offer to purchase a residential unit, contact Julie Canoura – 630-667-3102. All
offers to purchase Charter Program residential units will be accepted or rejected by the
Developer within fifteen days of its receipt of properly completed documents.
Current Status of the Resort
The Property is being developed by Ara Macao Holdings, LP (“AMH”), an Illinois limited
partnership in partnership with Edgewater Resources, LLC, a Michigan based engineering
company, which has developed over 300 marina communities worldwide. AMH acquired the
property in 2004 and has subsequently completed pre-construction activities including the
development of the Ara Macao Master Plan (‘Master Plan’) with a total expenditure to date of
over $15.0 million in cash. There is no mortgage on the property.
In 2007, AMH completed a rigorous 3-year environmental impact assessment process, at
which time the Belize Government, Department of the Environment, gave final approval to the
Master Plan. The approval, in the form of an Environmental Compliance Plan Agreement
signed between AMH and the Belize Government, effectively provides the Property with the
most significant package of entitlements ever granted in the history of the country. In
particular, the Property has been approved for the region’s only full service inland marina
with direct access to the Caribbean Sea.
Resort Advantages
Competitive Pricing
One advantage to the Resort is the current pricing being offered to prospective residents of
Ara Macao. AMH acquired the Property in 2004 at a time when prices were much lower for
comparable properties. Because of its low cost of acquisition, the Developer can pass along
substantial savings to new Phase I purchasers.
Government Entitlements
One advantage that puts this Property ahead of so many others of its kind in the Caribbean is
the unprecedented scope of entitlements already granted. The Property has received a package
of entitlements from the Government of Belize through an Environmental Compliance Plan
(“ECP”) agreement, which is tantamount to a planned unit development (“PUD”) in the
United States. The ECP entitles AMH to develop the Property in accordance with the Master
Plan subject to certain compliance provisions as set forth in the ECP. The process of receiving
an ECP for a project of the scope and size of Ara Macao in Belize and most other Caribbean
jurisdictions can typically take two to three years to complete. Having the agreement in place
effectively makes Ara Macao a shovel ready project.
The Master Plan was carefully designed to meet and exceed the expectations of the rigorous
Belize Environmental Assessment Process and currently serves as a model for others to follow.
The benefit to the country and its people will come upon completion of the Master Plan in the
form of over 8,000 permanent jobs and over $17.0 Million in net annual foreign exchange
according to a study conducted for AMH by a Deloitte Touche Belize Correspondent.
Placencia International Airport
A new international airport is being developed about 4 kilometers north and west of the
Property. The airport will feature a 9,000-foot main runway, terminal, customs station and
various support and service structures. As of this writing, the main runway has bas been
poured, all of the structures have gone vertical and the airport is projected to be open within
12 to 18 months. It is projected that the airport will service direct flights from and to the
various points of embarkation throughout the Americas effectively providing 2-hour direct
flights from key U.S. markets including Miami, Charlotte, New Orleans, Houston and Dallas
Fort Worth. It will also provide direct airlift from major European, Middle East and Asian
Markets as well by facilitating the deployment of wide body aircraft. This enhanced airlift is
undoubtedly a significant breakthrough for the Ara Macao Property.
Depth of Land Facilitates Marina Development
Another developmental advantage of the Property manifests in its approximately one-half
mile of depth from East to West. Because of this depth, the proposed Master Planned Marina
would be the only protected inland resort marina of its size and scope in Belize offering direct
access to the Caribbean. There are currently no other protected inland marinas of this size in
existence in Belize. There is one small marina with Caribbean access at the Old Belize tourist
area in Belize City. However, it can only facilitate less than 50 boats, has a relatively shallow
draft and requires constant dredging because of the significant sand and silt build up typical of
the Belize City shoreline. There is another inland Marina being built north of the Property in
the Hopkins area but it is accessed through a shallow lagoon and will not be able to facilitate
larger yachts and super yachts and because of its remote location, is not competitive to the Ara
Macao Project. A Marina is under development to the South of the Property but it is being
built within a manmade breakwater, which offers questionable protection to its patrons in
stormy weather. There are also several smaller marinas on the lagoon side of the Placencia
Peninsula. These, however, suffer from a relatively shallow draft in the lagoon, 4 to 8 feet in
many areas, and require significant time and fuel to travel to the cut by Placencia Village to
gain access to the open sea.
Attractiveness of the Location
Belize is the new rising star
in
Caribbean
resort
destinations
and
Ara
Macao
is
widely
recognized as the most
important resort property
in Belize. The Property is
clearly well positioned for
remarkable growth. It has a
low cost of acquisition, has
been
granted
unprecedented
entitlements
from
the
government of Belize, is the
subject
of
significant
infrastructure
improvements and is not
burdened
with
any
material debt. It is also well
positioned
within
its
market place to exploit the
growing demand for establishing residence outside of the United States. The demographics
driving demand are broad and deep including baby-boomers, retirees, pre-retirees, young
professionals and travelers of all walks of life. Of particular interest are buyers from Canada
and Europe who enjoy a significant economic advantage due to present currency exchange
rates. Since the Belize Dollar is fixed to the US dollar at 2:1, overseas buyers paying in Euros,
Pounds Sterling, Yen, Yuan and other currencies which have seen significant increases over
the US Dollar in recent years, are able to purchase much more value for their real estate bound
dollars in Belize than in their home countries. Costa Rica and Panama have experienced
significant growth in resort and hospitality development over the past twenty years effectively
paving the way for more Central American countries to follow. Their profiles are similar to
Belize in origin, economic growth, tax incentives and positive government investment
regulations. Foreign investment growth in these two countries has escalated to levels never
seen before in other Caribbean locations. Since Belize exhibits many of the favorable
characteristics but none of the unfavorable attributes found in Costa Rica and Panama, the
growth in resort development in these two countries may serve as a fairly predictable
precursor for resort development growth and sales absorption in Belize. Moreover, with its
many advantages, such as being the only English speaking country in the region, having a
pristine environment and a friendly stable government, Belize is well positioned to be a top
performer in resort and tourist destinations within the Caribbean. Emerging real estate
markets tend to follow an S shaped curve, as depicted in the above ‘Stage of Development’
diagram. Markets early on the curve, such as Nicaragua, tends to be good candidates for short-
term capital appreciation. Costa Rica, a more mature market, has a lower risk environment
based on an established tourism and retirement market with a strong sense of economic and
political stability. Belize, being in the middle stage, gets the benefit of rapid capital
appreciation along with the establishment of the tourism and retirement market, making this a
“target” market for the pre-retirement baby boomers who seek a relatively low risk but with
significant potential for capital appreciation. Contributing to risk mitigation, the economy in
Belize is stable, the Belizean currency is linked to the American dollar, the political climate is
stable, Belize is a democracy, and much like the United States, the legal system is based on the
British legal framework. With a projected period of sustained capital growth, Belize is earning
its reputation as the ‘next big opportunity’ in terms of property investment opportunity and
profit.
Single Family Residential Lots
Phase I contains 34 beachfront lots and 120 canal lots. There are generally two lot sizes: 45 feet
wide by 140 to 170 feet deep and 75 feet wide by 150 to 170 feet deep. In both cases the width
dimension fronts on either the ocean or the inland canal. There are a few larger lots at the end
of the cul-de-sacs and buyers wishing even larger lots may of course combine two or more.
Purchasers may contract with Developer approved homebuilders using designs that conform
to the Developer’s “Declaration of Covenants, Conditions, Restrictions & Easements” and
“Design Guidelines”, copies of which are available upon request.
Homes built on single lots are expected to range from 1,200 square feet to 2,800 square feet.
Residential lots are projected to be developed with the following improvements brought to the
road right of way adjacent to the lots:
Paved access road
Sewer connection
Electric power connection
Telecommunications connection
Potable water connection
Residential Condominiums
A total of 300 residential condominium units are planned for construction in Phase I of the
Resort. Condominium buildings will feature a low-profile European neo-colonial architecture
influenced by
French, British, and Spanish colonization of the Caribbean basin during the 16th through 18th
centuries. All condominium buildings will have waterfront settings and be located either
along the beachfront, the canal or the marina. They will feature lavish landscaping, walkways
and other water features. Multiple floor plans with spacious living areas, luxuriously detailed
interiors and relaxing verandas complement the two-bedroom/ two-bath deluxe suites, twobedroom/two-bath bi-level lofts and three-bedroom/three bath luxury penthouses with
vaulted ceilings.
Using high-grade concrete & steel construction and IBC (International Building Code)
construction standards, condominium buildings are projected to be rated to withstand
category 5 hurricane winds and provide water surge protection up to ten feet above grade and
a minimum of 13 feet above mean sea level. All units will feature ocean views, elevator
service, generously sized outdoor decking, under building enclosed parking and quality
interior finishes with upgrade options.
Oceanfront Marina
Designed by award-winning marine engineer, Dr. Charles Shabica, the marina features a
unique breakwater and jetty system that reaches out into the sea and enables access to a deepwater navigation channel while simultaneously nourishing and protecting the Property’s
beautiful sandy beaches. The Phase I full-service marina is planned to provide shelter for up to
96 vessels with accommodation for some boats up to 200 feet long. The marina will be finished
with a landscaped pedestrian walkway. Specific design features and accommodations are still
being developed and will be provided in the future.
Boutique Hotel
The Phase I boutique hotel is situated on a 1.5 acre site featuring 200 linear feet of beachfront.
The planned hotel is projected to contain 75 units of hotel condominium suites with a
projected 18,000 square feet of supporting commercial space, including lobby, spa, restaurant,
retail shop and administrative areas. The Hotel will provide an amenity to the overall Resort,
offering guest quarters, alternative dining and entertainment, conference space and other
desired resort accommodations. The hotel suites are projected to be a generous 450 to 550
square-feet containing a separate bedroom and living area. The hotel is projected to be
developed by a third party hotelier.
Snorkeling Reef
A mature coral reef lies a mere 200 to 300 feet offshore from the beach and extends nearly the
full length of the Property. While not as significant as the Barrier Reef lying just a few miles
offshore, it houses diverse aquatic wildlife including many varieties of coral, fish and
underwater plants. It will be an excellent place for beginning snorkelers to experience the
wonders of the sea at their own pace in a safe environment. The reef is divided into four
sections with 200 to 300-foot channels in between allowing boats a clear passage into the
planned marina. Of special interest, the reef abounds with lobsters and has been a traditional
harvesting area for local divers who supply lobster tails to many resorts along the Placencia
Peninsula.
Commercial & Retail Space
The Property is strategically located at the northern gateway to the Placencia Peninsula,
affording the
opportunity to capture retail business from traffic traveling between the access road to the
Southern Highway in the north and the village of Placencia in the south. Projections indicate
that as the residential population along the Peninsula grows, demand for common retail
services such as restaurants automotive, convenience, food and other miscellaneous retail
services will also grow. In addition, visitors and guests of Ara Macao Resort and Marina
provide a significant population of retail customers within the resort’s boundaries.
The approved Master Plan allows for up to a projected total of 433,170 net leasable square feet
of retail and commercial space. Phase I commercial space will consist of the 18,000 feet of
commercial space in the boutique hotel (see boutique hotel above) plus other retail and
commercial applications to be announced as Phase I develops.
Ancillary Services & Amenities
In addition to the above improvements, the Master Plan allows for additional resort service
buildings and amenities, which are listed below. Certain facilities will be scaled to Phase I
requirements and others may or may not be developed as the Resort opens up additional
phases of development.
A boat storage and maintenance facility located in the southwest corner of the property.
A lighthouse complex with restaurant and bar built on the marina jetty.
Two poolside bars.
A reception center located in the southern section of the Property containing a lobby &
reception desk, restaurant & bar, convenience store, fitness center, sales center,
administrative area.
A second reception center located in the northern section of the Property containing a
lobby & reception desk, restaurant & bar, convenience store and fitness center;
Employee housing;
A Central Utility Plant containing water, sewage, electrical and telecommunications
facilities to be located on a site to be determined on the west side of Placencia Road;
and, various maintenance facilities, cabanas, rest room facilities and other
miscellaneous structures.
Notes on Land Ownership in Belize
There are presently no restrictions on ownership of Belize land, including coastal land, by U.S.
Citizens or other non-nationals. Unlike Mexico, which prohibits the direct ownership of certain
land by foreigners on or near the coast, in Belize, foreigners can buy and hold beachfront real
estate in exactly the same way as Belizeans. What’s more, title to the Property and the
individual condominium units is issued under a new recording system, the Registered Land
Act System. Under this system, an application is made for title transfer and a new Certificate
of Title is issued to the grantee and a recording entry is made in the national Land Register.
The Property has been registered this way and, as such, streamlines the process of transfer for
subsequent condominium title conveyance, eliminates significant confusion and red tape and
eliminates the possibility that title may be encumbered by other ownership or undisclosed
liability. Because of the security of this new system, the purchaser can buy a title insurance
policy from most U.S. title companies such as American Title, Stuart Title, Chicago Title and
others. A large majority of Belizean real estate is titled under two older conveyance systems
which suffer from such problems.
Aerial View of the Property
Phase I Rendering
Phase I Lot Pricing
Condominium Elevations
French Colonial
British Colonial
Spanish Colonial
Phase I Condominium Pricing
Description
Bonus Space
Total
Interior Interior
Deck Deck Living
Br/ Published Living Price
Area Area Space
Ba Price Area Sq. Per Sq.
Front Back (Int. &
Ft.
Ft.
Deck)
Price
EnEnTotal Price Per
Per Total
closed closed Useabl Total
Living
Storage Garage e Sq. Useable
Space
Area Area
Ft.
Sq. Ft.
Sq. Ft.
Constructio
n Unit Code
Level
Plan
Seafront Condos
The Baron
The Ambassador
The Baron
The Ambassador
The Sovereign Penthouse
The Marquis Penthouse
Totals/Averages
Marina Condos
The Baron
The Ambassador
The Baron
The Ambassador
The Sovereign Penthouse
The Marquis Penthouse
Totals/ Averages
All Condos/ Avgerages
Living Space
1-B-2 - B&C
1-B-2 - A&D
1-B-3 - B&C
1-B-3 - A&D
1-D-4 - B&C
1-E-4 - A&D
2
2
3
3
4
4
2/2 $678,500
2/2 716,450
2/2 713,000
2/2 752,100
2/2 907,350
3/3 #####
815,542
1,246
1,246
1,246
1,246
1,434
1,781
1,367
$ 545
575
572
604
633
632
593
475
585
475
585
517
521
526
369
369
369
369
239
499
369
2,090
2,200
2,090
2,200
2,190
2,801
2,262
$ 325
326
341
342
414
402
358
110
210
110
210
204
204
175
341
341
341
341
521
521
401
2,541
2,751
2,541
2,751
2,915
3,526
2,838
1-B-2 - B&C
1-B-2 - A&D
1-B-3 - B&C
1-B-3 - A&D
1-D-4 - B&C
1-E-4 - A&D
2
2
3
3
4
4
2/2
2/2
2/2
2/2
2/2
3/3
1,246
1,246
1,246
1,246
1,434
1,781
1,367
1,367
430
439
443
449
462
494
453
523
475
585
475
585
517
521
526
526
369
369
369
369
239
499
369
369
2,090
2,200
2,090
2,200
2,190
2,801
2,262
2,262
257
248
264
254
303
314
273
316
110
210
110
210
204
204
175
175
341
341
341
341
521
521
401
401
2,541
2,751
2,541
2,751
2,915
3,526
2,838
2,838
536,360
546,480
551,540
559,130
662,860
880,440
622,802
719,172
$
267
260
281
273
311
319
285
211
199
217
203
227
250
218
252
The Rental Program At Ara Macao
An optional, rental program operated by the Ara Macao Management Company is available to
owners at Ara Macao Resort. Enrollment is at owner’s option and is not a condition of
purchase. Enrollment is on an annually renewable basis. Owners’ annually specify
anticipated personal use. Owners in the program will be provided monthly statements
detailing rental income and expenses. A proven industry for sharing gross rental proceeds in
a hotel-style program is: 60% to the owner and 40% to the management company. Here is a
summary of duties of condominium owners and management with respect to the optional
rental management program.
Management Duties
Establish Rental Rates & Reservation system
Property Inspections & Arrange for Repairs
Greet at Welcome Center & Check in Service
Provide Keys
Collect Rents & Guest Charges
Provide Maid Service & Supplies
Upon checkout, take inventory & assess any damages
Monthly Account & Remit Net Rental Proceeds
Owner Duties
Maintain Interior Furnishings standards
Maintain Ara Macao Condo Owner’s Insurance Policy
Pay Condominium Association Dues (HOA)
Timely Reservation of Owner Use Dates
Pay Real Estate Taxes
21 Reasons to Retire to Belize
1. The low cost of living in Belize is a major draw for North Americans and Europeans
whether permanently relocating or merely having a second home or vacation
getaway.
2. The Belize Government offers excellent retirement advantages and incentives.
3. Belize is the only English speaking country in Central America. All signs and
government forms are in English. English is the primary language taught and
spoken in all schools.
4. Foreigners can own real estate in Belize.
5. Belize is close to the United States and Canada enabling travel back and forth
quickly and inexpensively.
6. Belizeans are friendly and charming. Even first time visitors are welcomed by their
genuine hospitality.
7. Title to property in Belize may be taken individually, jointly or in a corporate name.
8. You receive fee simple title to your property when purchasing in Belize.
9. There is easy access to find a building lot to construct your dream home.
10. Financing is often available when purchasing property in Belize.
11. The government of this Caribbean haven is offering incentives to encourage more
tourism.
12. Cruise ship tourism is up 300% in five years. This tropical paradise is on the way to
becoming the best destination for retirees, expats and property owners.
13. Belize is a British Commonwealth country with a longstanding democratic tradition
and independent judiciary.
14. Belize is naturally beautiful, with an abundance of natural resources and things to
see such as aqua blue waters, quiet beaches, an extensive diversity of birds and
wildlife, Mayan ruins, waterfalls, rainforests, rivers, caves and tropical forests.
15. Belize protects 60% of its tropical forests with over 500 species of birds.
16. Belize has some of the friendliest, kindest people in the world.
17. There is a stable, fixed exchange rate. US$1=BZ$2.
18. Belize has the second largest barrier reef in the world making its' waters some of the
best dive sites in the Hemisphere.
19. Belize offers superb river fishing, fly fishing and big game fishing.
20. Belize was once a center of the ancient Mayan world.
21. The sizeable retirement community offers opportunities to meet and socialize.
www.IONbelizerealty.com
Additional Information Available Upon Request:
Rider To The ARA Macao Resort and Marina Pre-development Incentive
Pricing Purchase Agreement
Ara Macao Condo HOA Preliminary Budget
Ara Macao Resort & Marina Phase 1 Occupancy and Pricing
Forbes Picks Belize as Top Retirement Spot
Norwegian Cruise Line buys Belize land to develop cruise port
The Basics of Belize Retirement
Riversdale Placencia Roadway Information
Fresh Water Aquifer
Sewer System Information
Julie Canoura
Option Realty Group
(630) 667-3102
realtorjulie@me.com