Boris Mannsfeld & Associates is excited to offer for sale this exceptional commercial income property in the very desirable Placencia Village. Placencia Villas is a very well established hotel with nightly and monthly rentals located in an ideal location in the center of town. The property was recently renovated and is flawless. The property offers a long history of solid occupancy and solid income and very detailed accounting books. The ROI is 10+%!
This is an ideal investment for an investor living abroad who can hire a local manager to run the property and generate a solid return. This is also an ideal scenario for the young couple looking to get out of the rat race and earn a steady income while residing in Belize or for the retired person or couple seeking to move to the tropics to retire yet have something to do. The downtown location will continue to appreciate in value.