Caye Caulker, Belize District, Belize

Overview - ListingID 00188419013

Under contract

Price: USD $ 795,000.00 Contract type: Sale Property type: Commercial building or space, office, warehouse, hospitality, etc.
Property general location: City New or pre-owned: Furnished:
Bathrooms: Bedrooms:
Stories/floors: Lot size: m2 | 0.00 ft2
Construction size: 0.00 ft2 | 0 m2
Living space: 5500.00 ft2 | 510.96 m2 Garage, patio, porch,etc: 0.0 ft2 | 0 m2
Price: 795000.00
Contract type: Sale
Property type: Commercial building or space, office, warehouse, hospitality, etc.
Property general location: City
New or pre-owned:
Furnished:
Bathrooms:
Bedrooms:
Stories/floors:
Lot size: m2 | 0.00 ft2
Construction size: 0.00 ft2 | 0 ft2
Living space: 5500.00 ft2 | 510.96 m2
Garage, patio, porch,etc: ft2 | 0 m2

Description

                                RE/MAX Island Real Estate is proud to offer this well established, income-producing apartment building enjoys almost   100 % occupancy, and has excellent Trip Advisor ratings and reviews. 

Currently used for long term rentals, this immaculately kept complex has a substantiated 8% income investment return.  With the existing hotel license, the units can be used as short term rentals, where you could triple your income investment!                

Enjoy spectacular 360 degree views and magnificent sunsets from the fourth floor patio or the roof top sunning area.  Built for the owners, this private oasis features two, 1-bedroom penthouses (which can be combined) with a palapa-shaded flagstone patio and two private roof top terraces. 

The complex consists of two 2-bedroom units, and eight 1-bedroom units spread over four floors.  Located on the grounds, hidden among the mature vegetation, is a separate 1-bedroom cottage.  The units cover 5500 sq ft.  

You can easily increase your income by accepting short term rentals, and by building four more apartments on the property. The concrete foundation, corner supports and ceiling is already in place for the ground floor unit. 

The property encompasses 6400 sq ft and features a peaceful, shaded, green barrier between the grounds and the street.  A large lush garden, offering a variety of trees and flowering shrubs creates a tropical paradise, attracting hummingbirds and butterflies year round.

The complex is located just three blocks from the eastern beach front and across the street from the western seafront! It’s perfectly positioned to take advantage of the magnificent sea breezes and views!

Just steps from restaurants, grocery stores, tour operators, pharmacy/clinic and much more!  All are within three minutes walking distance!

Make a Lifestyle Change with Income Built-In!
 
Owner Financing Available:  50% Down/6% Interest/5 Yrs 

Property Taxes Per Year:  $425 BZD
Construction Year:  2010

Area:  6,400 Sq. Ft

Stories:  4

 
Features - Amenities
 
•	Ocean View
•	Balcony
•	Terrace
•	Furnished
•	Appliances
•	Pet Friendly
•	Patio
•	Cable TV
•	24 Hr Security
•	Wireless Internet
•	Beach Access
                            

Features:

  • Air conditioning (A/C)
  • Garage capacity: 0
  • Bedrooms:
  • Half bathroooms:
  • Stories / floor:
  • Bathrooms:
  • Home Owners Association (HOA)
  • View
  • Maid quarters
  • Swimming pool
  • Year built: 2010
  • Gated Community
  • Covered
  • Garage Open
                                                Some units have A/C
                                                
                                                Eastern & Western Carribean Sea and Beach.
                                                

Video Link

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Location and Map

Country: Belize
State or Department or Province: Belize District
Location: Caye Caulker