On Ambergris Caye about 6 miles north of town is a private vacation club resort that has run into financial troubles. Basically by trying to expand at the wrong time with interest rates that were too high. Anyway, their loss is your gain. The property management company that was the developer for this 44 unit project project is for sale. The company owns 6 units still, all assets and amenities, and the 50/50 contract.
US $2,950,000 - GREATLY REDUCED!!!!!! to US $2,050,000
300 feet Caribbean Sea Beachfront 44 one and two bedroom condo units 40,000 gallon Fresh Water Pool 38 units owned by others under Management Agreement Price includes: 3 – one bedroom/one bath condos 3 – two bedroom/two bath condos Dive Shop Beach Bar Front Office/Administration Building 64 seat Restaurant and Bar Full Kitchen Resort Laundry Facilities 4 bedroom/3 bath Staff Quarters Building All Furniture, Fixtures and Equipment 1.67 acres undeveloped property adjacent to Resort Website and Marketing Plan
The other way that this property can be purchased is to buy the commercial offerings, the restaurant/bar, front office building, beach bar, dive shop along with the 1- year rental agreements with the owners, ready to open for US $850,000.
The bank will own the 6 unsold casitas in Phase 2, complete them, and put them in the rental pool along with the 1.67 adjacent undeveloped acres. WHAT A WAY TO GET SETUP IN A RESORT THE EASY WAY! Regular Price: $2,950,000.00 On Sale For: $2,050,000.00
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