TEAK PLANTATION- LAND AND BUSINESS AVAILABLE
Located on 300 Acres near Machaca, 12 miles from Punta Gorda Town, Toledo District, Belize.
60 Acres are planted with 19 to 20 year old Teak plus another 10 to 15 Acres 4 to 8 year old mixture of Mahogany, Spanish cedar and other Local Hardwoods.
This equates to approximately 20 thousand teak trees.
66 acres are planted with Cacao 3 to 6 year old.
The cacao production is increasing as the plants mature. In 2018 we produced 27000 lbs. For 2019 we hope to do at least 40000 lbs. At maturity we should produce 60000 lbs.
Cacao is sold to a buyer in the area.
Approximately 130 Acres still in its Virgin State and waiting for Expansion.
The Machaca Creek provides an abundant supply of water for irrigation. The Plantation is well maintained by a crew of 5 Workers and a Resident Manager.
The Current Owners are Canadian and the Belize Corporation is run with Canadian Standards, according to generally accepted accounting practices.
Buying this already registered and set up, fully functioning Incorporated Business in Belize including its Shares and Assets, has the advantage of Minimal Property Transfer Taxes. However you are welcome to buy the assets and not the corporation.
The Assets of the business includes all existing Equipment necessary to operate. In 2017 we bought a new New Holland tractor.
This is a Great Investment Opportunity.
Address: Machaca Creek
City/Town/Village: Punta Gorda Town
Neighborhood: Caribbean Sea
Price: US $875,000
Lot Size: 300 Acres
Availability Status: Reduced
Annual Property Tax : less than 700 BZD (350 USD) / year