San Pedro Town, Belize District, Belize
For Sale
$175,000
Price reduced from $210K US to $185K US for quick cash sale. Seller says to bring any and all reasonable cash offers!
Each Lower Keeping Suite Features:
630 sq ft
Bedroom: 2 queen beds, cozy window seat
Bathroom: double vanity, outdoor-style shower
Kitchenette: eat-in table, coffee maker, cookware, dishes, glassware, utensils, under-counter refrigerator
Home office desk area
Spacious, covered, screened-in front porch
Covered rear porch facing the canal front garden
Enjoy your own income-generating hotel suite located within Ambergris Caye’s most popular resort community – Mahogany Bay Resort and Beach Club, CURIO Collection by Hilton. All the resort amenities you could ask for, with personal usage or rental income, as you prefer. These Lower Keeping Suites are located close to The Great House, swimming pool, fitness center, and the many restaurants and bars throughout Mahogany Bay Village. Simply put, there is no better location in Mahogany Bay Resort! Location, location, location!!
Owning a Keeping Suite gives you both unlimited personal use and enjoyment (lifestyle investment), as well as access to passive income from the turn-key hotel rental operation (financial investment). Mahogany Bay Resort has the highest market share of any hotel property on Ambergris Caye.
The units boast magnificent polished hardwood counters, exposed wood beam, & dynamic sconces which offer the perfect balance for casual and formal entertaining and vacationing alike. The verandas offer magnificent views of the tropical landscaping of the village along with the quiet and serene boating canals abutting the back of the buildings. Glass louvers open to a 180 degree views, and each unit comes equipped with all the appliances needed for immediate rental/vacationing accommodations.
The Lower Keeping Suites offer an open floor plan, two queen-size beds, kitchenette, work desk, double vanity bathroom, and spacious veranda. It’s the perfect retreat for two friends traveling together or a small family. All Lower Keeping Suites include WiFi, air-conditioning, flat-screen TV, closets, safe, and luxury bedding.
How desirable are these units? Prior to the onset of the COVID pandemic these units were operating at 60-80% nightly occupancy rate and appear to be quickly climbing back to those pre-covid numbers now that travel restrictions have been lifted and tourism has started to rebound.
All Prices in US Dollars
How Does Title Work? How Much is Insurance? How Much are Property Taxes? How Does Escrow Work?
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