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Boutique Hotel With Waterfall Pool And Swim-up Bar For Sale

Caye Caulker, Belize
Asking Price:
$599,000 (USD) Furniture / Fixtures included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$100,000 (USD)

This gorgeous property has it all! 9 units total. There are 8 one bedroom/one bath units, plus a two bedroom/two bath owner's suite, expansive rooftop veranda and bar, incredible 12 foot tall Mayan Ruins waterfall into a huge pool with swim-up bar, palapa party spaces, tropical gardens and pool lounging deck.

The three story concrete building houses four units each on the first and second floors. Each air-conditioned one bedroom unit boasts a living room with fully equipped kitchenette that includes a refrigerator, microwave, toaster, coffee maker, dishes etc. Each apartment has a private bathroom with tiled shower and a separate bedroom. These units are comfortable enough to be rented long-term but are currently advertised as short term vacation rentals.

The two bedroom, two bath owner's suite is located on the third floor and looks out to a large veranda with a bonus outdoor shower. This unit has ocean views from every single window! This unit shines with a larger living room with complete kitchen, sliding glass doors and incredible island views. One of the bedrooms has an entire wall of Mahogany closets built-in and enough space to include the king size bed. There is a rooftop veranda and bar that provides spectacular 360 degree views of the island and Caribbean Sea.

The property has a one-of-a-kind beautiful pool with a stunning 12 foot tall waterfall that gives the property its name, Mayan Falls. This structure cleverly houses a convenient outdoor restroom. There is a swim-up bar under one of the palapas with in-pool seating. The outdoor grounds and gardens are a stand-out on the Caye. The property also includes 10 bicycles, 2 sea kayaks (one with a glass bottom) and a 2016 Club Car Golf Cart. Golf Cart is a sharp looking ride! It is triple black, lifted with all terrain tires (There are no paved roads on this island!) and a cooler under the back seat.

The property is a double lot comprised of two lots measuring a total of 100 feet by 100 feet. It is fully fenced with a concrete wall at the street with a large, locking, iron gate and pretty bamboo fencing along the other three sides. The entire building has new paint as of 2017. In 2018 electronic combination locks were installed on every unit and the front gate.

This Hotel and all of it's amenities is in tip top turnkey condition.

Owner has priced this income-producing property aggressively and will consider Owner financing with half down.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Owner previously lived in 2 bedroom, 2 bathroom unit (700 sq ft.) on third floor, while renting out the 8 one bedroom, one bathroom units.

Location:

Conveniently centrally located on the island in the desirable 'Garden" neighborhood.

Business Operation

Expansion Potential:

Having a double lot is very rare and desirable on Caye Caulker. The property has the room to build a second identical building facing the original. The building currently is prepared for at least one more unit to be built on the third floor.

Reasons for selling:

Owner is relocating to the United States.

Trading hours:

Check in / Check out 24/7 with electronic combination locks. Manager available 8am to 6pm. Maintenance done from 8am to 6 pm.

Employees:
1 Manager, 1 Maid, 1 Maintenance
Years established:
Established in 2009

Other Information

Support & training:

Owner available to give in house training for 2 weeks. Manager available after for another 2 weeks or for hire.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$300,000 usd down, $6,000 USD per month for 60 months.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price
Inventory / Stock value:
$1,000 (USD)
Website:
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