Community Development Overview

Cerros Sands at La Playa de Cerros is being developed for those looking to live on a full or part-time basis, work, retire or vacation in Paradise. Having begun with a "clean slate" and drawing ideas from similar upscale developments around the world, Cerros Sands at La Playa de Cerros insures planning integrity for our master-planned community by virtue of our own zoning and adopted deed restrictions. With special focus on the environment and for providing our residents with a less stressful lifestyle, the emphasis here is totally on enhancing one's quality of life. With a bit of research regarding the region's impressive growth and development as well as into the area having garnered an ever-increasing, strong reputation as an emergent international residential market, your investment in Cerros Sands at La Playa de Cerros is sure to consistently appreciate in value over the years.

Our own planning, zoning, deed restrictions, and an ongoing, fastidious commitment to only the best quality of construction and site management via Cerros Sands at La Playa de Cerros Property Management Ltd, will guarantee the long-term integrity of your Cerros Sands at La Playa de Cerros investment and community.

Development Schedule

The Phase One development area at Cerros Sands at La Playa de Cerros is comprised of approximately 92 acres of land, with about 1/2 mile of seafront facing to the east where the soothing and near-constant trade winds bathe our side of La Playa de Cerros Peninsula with gentle sea breezes. We expect to be continually developing and releasing parcels as roads and channels are completed. In this area, approximately 75 residential Beachfront, Seaview and Channelside parcels are now available, including a limited number of premium home sites. It is anticipated that during this phase of development/construction there shall be two more staged releases of home sites. Additionally, there are parcels available that have been reserved for commercial businesses that will both add value to and support our community by providing goods and services to our residents and their guests as Cerros Sands at La Playa de Cerros begins to take shape and then grows into a mature community over the years to come. Such sites shall be made available for myriad of potential businesses such as, a bed and breakfast, a boutique resort, grocery and hardware stores, etc.. Start dates for the remaining staged releases will be announced in the future and, in accordance with then existing demand, may occur simultaneously. Progress is ongoing and we are in the process of converting from the site work stage to the construction phase. Thousands of feet of new roads, channels and improved beaches can be seen easily when flying into Corozal. Big changes are taking place, including the anticipation of no less than 2 full service resorts locating within the grounds of Cerros Sands at La Playa de Cerros. Ultimately complimenting our deep-water access channels and planned multi-unit condominium parcels will be a full-service marina operated under either a long-term concession arrangement or subject to a joint venture agreement.

Environmental Impact Assessment

The Government of Belize's Natural Resources Department, in coordination with The Land Utilization Authority, played an instrumental role in helping to shape the Cerros Sands at La Playa de Cerros development. Our conceptual plan, in addition to our physical location in a highly sensitive Marine and Archeological habitat, required us to perform this assessment. The EIA was reviewed and discussed at length with all appropriate parties, professionals and governing bodies prior to its eventual acceptance and approval. All areas of concerns were addressed during this process leading to an amended document. The amendment and compliance agreement has been signed by both Cerros Sands Ltd. and The Government of Belize. This defines the guidelines which Cerros Sands Ltd. must comply with throughout all phases of its development. Of note, we will be requiring all homes to be built to International Building Code hurricane standards and they will all be situated above tidal surge levels as outlined in our agreement.

It is important to note that Cerros Sands at La Playa de Cerros is on the mainland portion of the Country of Belize and it is afforded significant natural protection by the lower Mexican Yucatan Peninsula, the Bay of Chetumal between it and Ambergris Caye, by numerous adjacent Cayes, including Ambergris as well as by the Barrier Reef and the Inner or Main channel between it and the Mainland.

Infrastructure

See the page on Infrastructure.

Security and Access

The development already has natural barriers for privacy, such as water and a peninsula location, however we will be a gated community and additional security measures are under consideration with Geo-Tech Security of California, USA.

Amenities

Cerros Sands at La Playa de Cerros first phase includes residential home sites and commercial property for a bed and breakfast, a larger parcel for a resort, spa or wellness center, property for restaurants, boutiques, hardware store, grocery store and a marina which can include a dive shop, water sport rentals, marine supply and a bar and restaurant.

Deed restrictions as well as an Architectural committee will assure the integrity of the Development.