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Listed by:

17 North Global Ltd

Oceanfront Caribbean Lifestyle Resort In San Pedro For Sale

San Pedro, Belize
Asking Price:
$3,990,000 (USD) Furniture / Fixtures included
Sales Revenue:
$500K - $1M (USD)
Cash Flow:
$250K - $500K (USD)

Oceanfront Caribbean Lifestyle Resort For Sale

Ak'Bol Resort is in a top tourist destination, the Tres Coco neighborhood, just 2 miles north of downtown San Pedro. This rapidly developing area has some of the best restaurants and entertainment options in Belize. The resort occupies 40% of the usable land on site. This property is the premier Yoga destination in Belize and is positioned to easily expand to a full service health and wellness resort. Ocean front property values on the island are determined by many of the same considerations as other international retail properties such as population density, traffic, and infrastructure. In the Caribbean, values are also impacted by water color, clarity, and views. The views of the Barrier Reef and shades of blue water combine to make this one of the most beautiful and serene locations in the Caribbean. Continued government commitment to infrastructure and the awareness of increasing tourism to Belize is having a positive impact on the ability for travelers to choose this Caribbean gem as a vacation destination.


The resort boasts 7 ocean front and ocean view cabanas. One of the last resorts on the island offering the natural island lifestyle that made this the best kept secret of the Caribbean for so many years. A true marvel of a destination, where the jungle meets the sea.
The Hostel on the west side of the property has 30 rooms. The communal bath & showers’ with 10 showers, 8 toilets, 12 sinks, lockers, are designed to provide a maximum of privacy and security for guests. The building is 248’ in length. Each room is 10’x12’. The corner units are connected, a great feature for the family. The dormitory on the west side of the road and could easily be converted to a separate business from the main resort. Currently there is no property on the north side of the island catering to the backpacker and hostel traveler markets. Plenty of space to add a road side restaurant and bar for guests.

The beachfront bar and restaurant is a favorite of for locals, expats, and travelers providing a substantial percent of the annual revenue. The upstairs deck could be converted into a rooftop bar offers stunning views of the Caribbean Sea and the Barrier Reef.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Includes a 4 bedroom, 2 bath owners home

Location:

Caribbean island in Belize

Premises Details:

Oceanfront property with views of Barrier Reef. Lush tropical locale is a rare find on the island.

Size in square feet:
3.32 acres

Business Operation

Expansion Potential:

60% of the property is undeveloped including 150 of the 300 feet of ocean front. Includes 600 feet of undeveloped commercial land on the only paved road on the north side of the island. 300 feet of commercial land on each side of the concrete road. The 2 story dormitory on the west side of the property was constructed with the intention of adding 2 condos on a third floor, each condo with 3 bedrooms and 2 baths.

Competition / Market:

Wanderlust- 2016’s Best Yoga Retreats for the World Traveler
Eluxe Magazine- Listed as #9 in the Top Ten Yoga Resorts in the world
Trip Savvy- #4 of The 8 Best Yoga Hotels & Resorts of 2018
Coastal Living- The Best Coastal Yoga Retreats
StoryV- 11 Best Yoga Retreats Around The World To Visit In 2017
Doyouyoga- 10 Incredible Yoga Retreats in Central and South America
Trip Advisor- 4.5 Stars with 299 Reviews

Employees:
6
Years established:
2007

Other Information

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price

Contact 17 North Global Ltd

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