All land speculators should beware. Laws and regulations can change. The curse of Ambergris Caye, besides a government that does not care, is land speculators. Just be cause someone buys land does not give them rights to build. Developers provide services and infrastructure while land speculators do not, they just bet on the land becoming more valuable. All the Pinkerton Estate was acquired by the GOB under a law that says the land must be for public use. Under the UDP land was given complete with titles to First Corp for resale. This was around the airstrip. When the PUP came in they revoked the titles because of the law. Johnny then sold it all off to other private interests, contrary to law. The GBE land was acquired because two of our locals, Jimbo and Milo concocted a sale of "Mandy's Caye" just to the west of Caye Caulker to Mitchell. Problem was the Island belonged to someone else and the GOB had been pressured to issue title to Jimbo and Milo. With Florencio as Minister the Island was given back to the rightful owners and somehow Mitchell ended up with GBE, all quite illegally of course as the land was acquired for public purpose. I would be very reluctant to invest in such a project that brags about it's substandard sized lots. Minimum distance between septic and well is 100' , can't be done on the size of lots they have. They may find it difficult to get permits to build if we had a correct master plan that was enforced.
We must try to get back the lands that Johnny illegally sold on North Ambergris Caye. I have some attorneys interested in pursuing it but we have no funds.