Published: Monday, 20 Aug 2012 | 7:00 AM ET
CNBC First in Business WorldWide
NORTH PALM BEACH, Fla., Aug. 20, 2012 /PRNewswire via COMTEX/ -- Dreamscapes International Properties, Inc. (DIP) has positioned itself to be a recognized international property developer. DIP's initial project is located in the British Commonwealth member country of Belize where English is its official language. DIP is headquartered in North Palm Beach, FL.
In January of this year, DIP acquired a 99.5% interest in a residential developer, Dreamscapes of Belize (DOB), which owns a 563 acre residential development project located in the Stann Creek District of Belize just 1.4 miles from the Caribbean ocean. The property has been subdivided into a 1034 residential building lot community that has the full approval of the Belizean Government. Dreamscapes has already sold more than 300 building lots to North American and European residential buyers, many of whom are expected to contract with DOB to construct their homes.
Amenities will include a clubhouse with restaurant, a fitness center and spa, swimming pool, tennis courts, nature preserve and an 18 hole golf course that weaves its way through the community.
DOB has contracted to purchase 26 additional acres known as Marina Village. The Village is nestled adjacent to the south east corner of the community on the Mullins River which flows into the Caribbean just 1050 feet down stream.
Currently, the Village has 600 feet of frontage on the river where a marina will be built. Additionally, the Village has 61 residential building lots and DOB plans to add a clubhouse with restaurant, limited lodging for guests, 40 boat slips, and additional dockage with boat ramps for use by the entire Dreamscapes community DOB is presently negotiating the acquisition of additional property for future residential expansion, including beach-front property on the Caribbean.
View: Dreamscapes of Belize:
DOB Marina Village:
For additional information please contact:
David Hirschman Business Development
Dreamscapes International Properties, Inc.
Office - 561-845-4303 Ext 106
Fax - 561-845-2417
SOURCE Dreamscapes International Properties, Inc.
Copyright (C) 2012 PR Newswire. All rights reserved -0- KEYWORD: Florida
Belize INDUSTRY KEYWORD: FIN
OTC SUBJECT CODE: TNM