La Vista De LaQua is a development in Belize that includes 26 lots on 19.2 acres for residential use and hardwoods plantation development. The land is planted in teak, representing a projected harvest value of $8 to $12 million in 20 years. As shown in the site plan, lots average 12,700 square feet ranging in size from 10,900 to 14,750 square feet and are priced from $50,000 to $70,000 depending on size and location.
The combination of (a) comparable homesite prices and (b) comparable prices of teak acreage planted suggest that the lots will increase substantially in value as the plantation matures. All teak trees that have been planted were grown in the nursery of LaQua Plantations International.
The combination of (a) comparable homesite prices and (b) comparable prices of teak acreage planted suggest that the lots will increase substantially in value as the plantation matures. All teak trees that have been planted were grown in the nursery of LaQua Plantations International.
