Financing Available! $795,000 USD - Belize Business For Sale
Income Producing Apartment Complex:
This well established apartment building enjoys almost 100 % occupancy and is almost fully booked for the whole coming year! It has excellent Trip Advisor ratings and reviews. Macaw combines income potential and penthouse living with stunning views into one neat package of unbeatable value!
Caye Caulker is a small coral island surrounded by clear, turquoise waters. We have spectacular diving, snorkeling, fishing and water sports, and it’s closest to the world-famous Blue Hole. Everyone speaks English, the roads are all white sand and no, you won’t need a car! The islands’ official motto is ‘Go slow”, but eco-tourists and divers have found Caye Caulker! While still relaxed and intimate, it is certainly not a sleepy backwater anymore. There are about 25 restaurants and at least 10 grocery stores, a clinic and a little airport.
Currently used for long term rentals, this immaculately kept and well-built house has a substantiated 8% income investment return. We got a hotel license, so you could use the units for short term rentals, too. This could triple your income and return on investment!
You will enjoy the best views on the island:magnificent sunsets and sunrises from the fourth floor patio or your roof-top sunning area – you can see both the lagoon and the reef sides! Built for the owners, the top floor 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 apartments, and eight 1-bedroom apartments, spread over four floors. Also located on the grounds, hidden among the mature vegetation, is a separate 1-bedroom cottage. The units cover 5500 sq ft, and each is comfortably furnished, fully self-contained and immaculately maintained.
There is plenty of room on this triple lot for putting in a pool, if you want one.
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. This could also serve as reception and managers’ housing, if you prefer a more hands-off lifestyle. We have a trusted and competent Belizean manager already working part-time right now.
The property encompasses 6400 sq ft of securely fenced oasis, and has 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.
Just steps from restaurants, grocery stores, tour operators, pharmacy/clinic and much more -all are within three minutes walking distance!
This 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 – and perfectly positioned for the exploding popularity of English-speaking Belize! A natural haven for the coming wave of retiring baby boomers, this apartment building will fill itself with long-term tenants – or you can run it as a hotel and triple our already respectable 8 % ROI.
Make a Lifestyle Change with Income Built-In!
Asking Price: $875,000 USD
Owner Financing Available: 60% Down/6% Interest/5 Yrs
Property Taxes Per Year: $212 USD. Yes, that’s all!
- Belize real estate
- Homes, houses, properties for sale in Belize
- Belize condos for sale
- Grand Caribe Condos
- Land for sale in Belize
- Islands for sale in Belize
- Farms for sale in Belize
- Ambergris Caye real estate
- Retiring in Belize
- Free and clear: 795000
All listings priced in US$. If you are interested in this property, please contact James at 1.888.980.6448 or [email protected]