$100K – $250K (USD)
$100K – $250K (USD)
This is an unbelievable home that is divided into two levels, each level containing a large two bedroom, two bath condo appointed with high-end finishing and furnishings. Each level also has approx. 1,200 square feet of covered balcony overlooking the Caribbean Sea.An additional freestanding building (approx 850 sq. ft) that is a one bed, one bath, complete with washer & dryer and full kitchen can be a keeper’s house or rented as a separate unit.This property has been a personal oasis, overlooking the crystal clear blue waters of Belize and the world’s largest living reef, but could be used as a small resort or AirBnB rental, rented either separately or in full.The building in on half of the property, with the remaining half available to develop (this would fit 4 – 5 small condos that could be sold individually or rented to create a full resort).Perfect for a developer, a hotelier or as a private residence (with or without a part-time rental business).The property has a huge “outdoor living room” made of indigenous woods and located under the palm trees.The property not only comes fully furnished with high end furnishings, but also includes jet skis, kayaks, trikes, land&sea “aqua-cars” with built in waterslides, a huge built-in brick outdoor smoker with multiple shelves for a full Texas brisket dinner (for up to 40). A fully equipped workshop is also on property.Multiple income streams or a luxury home on the beautiful island of Ambergris Caye Belize (voted twice “The Best Island to Live on in the World”
Real Property Included
Any of the units desired can be yours to live in, or rent them all out. Absentee owner could have on-site live-in management and have that manager stay in the “keeper’s house”. Use the condos at your disposal, rent them out while not in Belize. It could be your own “private Caribbean resort”
1.5 Miles north of San Pedro Town, Ambergris Caye, Belize, Central America.
This is almost a full acre (two lots measuring .46 acres each, side by side. The current Main home, keeper’s house and workshop building take up only one parcel. There is room to build another home the same size or five small “casitas” / condo units for a developer or someone wishing to start an upscale boutique hotel / bed & breakfast
Size in square feet:
1 acre parcel
Add up to five condos on the remaining parcel that would be around the $350K+ range each if finished in similar quality as the main house and current “keeper’s house”. Potential to recoup much of your initial investment by developing the remainder of property
Competition / Market:
This could be rented “as-is” as a luxury retreat, either both units together (each unit is a 2 bed, 2 bath, full kitchen dining and living room approx 1400 sq ft in size, with additional outdoor space of approx 1,200 sq ft. The third “keeper’s house” is a separate building approx 850 sq ft, fully equipped as a one bed, one bath w washer/dryer and full kitchen. Three rental units, current market rate of $299 – $399 per night on each of the condos $175/night on “Keeper’s house”, thus @ average of $900 per night X 180 days annually, a gross revenue of $162,000 / or live in one unit and rent the two others.
Reasons for selling:
Owner has multiple properties and desires to star a new project. More freedom to travel to/from the US to visit family. Semi-retiring
As desired. Currently being used as a private home and long term lease on the ground floor unit. Has been used for AirB rentals in the past
Support & training:
Owner will stay to share all aspects of the property. The current owner is the builder, developer and thus knows everything about the property, utilities, etc.
Owner financing is available. Please contact the seller for more information.
Owner will consider financing with a minimum of $1,000,000 down payment. terms up to 10 or 15 years.
Furniture / Fixtures value:
$150,000 (USD) – included in the asking price
Inventory / Stock value:
$10,000 (USD) – included in the asking price
This business can be run from home.