Condo for Sale in Placencia, Belize

Award Winning'Bella Maya Resort'. Owner Must Sell: 40% Off!

The Gold Award* winning 'Bella Maya Resort & Residences' - one of 60 spacious waterfront suites with luxury amenities, set in 6 acres of beautifully landscaped grounds. 400ft of exquisite private beach and lagoon-front location offering breathtaking views of the Caribbean Sea and spectacular sunsets over the lagoon and majestic Mayan mountains.

Owner forced to sell urgently - genuine 40% reduction off(list price $345,000)!!! 28 days free personal usage per year, PLUS! fully managed Rental Management Program giving owners 50% share of rental income. This is a brand new fully furnished 2 bedroom/2 bathroom upperfloor Lagoon-facing unit (H46 - see Resort plan in photos). Full Title ownership after Belize Land and GS Taxes paid.

Key Features

- Bella Maya Resort: luxury 5 star hideaway located in 6 acres of beautiful beach and lagoon-front land on the Placencia peninsular.
- *Winner of 'The Best Caribbean Apartments' Gold Award 2007 in the prestigious Homes Overseas Awards
- Brand new Upper Floor Lagoon and Caribbean waterfront condo (1100 sq ft, 2 beds, 2 bath, fully furnished)
- Private sale by highly motivated seller (owner)
- $199,000! 40% less than current List Price for quick sale
- PLUS! 28 days per year free usage for owner, family and friends
- PLUS! 50% share of rental income with fully managed Rental Management Program
- Only 60 luxury condos in development, over 50 already sold
- Definitely the lowest priced Condo currently available
- No Resort fee in Year 1 for new owner (subsequent years $2100 per year)
- A genuine opportunity for someone looking for a winning combination of
- VACATION HOME, INCOME, and INVESTMENT

- 0% Capital Gains tax in Belize
- British Law and English-speaking country
- Significant national & local investment in tourism
- Tourism figures in Belize have risen 24% since 2002
- Fully packaged investment with hotel management in place to generate immediate returns

Bella Maya Resort is Belize’s new luxury hideaway. The new owner and their guests will discover Belize’s hidden treasures in perfect comfort. There are 60 spacious waterfront suites, world-class amenities, an infinity pool with poolside bar, great dining facilities, tropical gardens, and a selection of countrywide tours. Bella Maya Resort is also just a stone’s throw away from world-class diving & fishing, and a few miles from planned $28million 18-hole golf course.

Bella Maya Resort & Residences:

- Mayan Mountain Panoramic View Restaurant
- 2 Full Service Restaurants, 3 Full Bars
- Southern Belize’s Largest Pool
- Tour, Fishing & Dive booking facility
- Air conditioned gym and activity room
- Resort shop
- Private Pier and Boat Mooring
- Spa Treatments
- Landscaped Tropical Gardens
- Complimentary Airport Shuttle
- Air Conditioning Throughout
- Suite Has Private Terrace Overlooking the Lagoon, Mayan Mountains and Caribbean Sea
- Complimentary Watersports, Beach Sports, Bikes, Internet Access
- Full Banquet and Meeting Space
- Private Beachfront Romantic Moonlight Dinners
- Daily Housekeeping and Laundry Service
- 24 hour reception
- Wireless Satellite internet access

The Condo
Luxury 2 Bedroom, 2 bathroom Apartment with stunning views overlooking the lagoon, Mayan mountains and Caribbean. The apartment is fully furnished to the highest standard, ready to let to guests or for your own personal use. The new owner will be able to choose their preferred furnishing style between Classic, Modern or Traditional Belize wood (see interior photos for examples). It measures close to 1100 square feet, and comprises of:

- Two bedrooms both with en-suite bathrooms (both include a Jacuzzi whirlpool bath). All have designer bathrooms with glass sinks.
- Spacious private Balcony with double sliding doors
- Large open plan dining & living area with contemporary furnishings (choice available)
- Hand made kitchens, including appliances & granite counter tops
- Doublesized US fridge + icemaker
- Flat screen TV and with Cable TV
- Room digital safe
- Travertine marble floors throughout
- Air conditioning in every room
- Wireless Internet Access
- Storage space / cupboards
- Living/Dining area: 13ft x 24ft, Master Bedroom: 14ft x 10ft, 2nd Bedroom: 13ft x 10ft, Kitchen: 10ft x 8ft, Balcony: 28ft x 5ft

Kitchen
Modern finish with refrigerator, oven, hotplates, microwave, storage, coffee & tea making facilities, ceiling fan. Granite work surfaces & Travertine marble floors
Living/Dining area
Table, chairs, sofa, air conditioning, ceiling fan, flat screen TV, telephone, Travertine marble
Bedrooms
Double bed, storage cupboard, bedside cabinets, mirror, dressing table, air conditioning, ceiling fan, Travertine marble floors
Ensuite Bathrooms
Jacuzzi / spa bath with shower, toilet, glass sink, cabinet, mirrors, extractor, Travertine marble walls and ceilings

ONGOING COSTS
There is an annual maintenance charge of $2130. This will cover general upkeep of the condo buildings and communal resort areas including the swimming pool and beach. Free in Year 1 to new owner.

Award Winning Resort
The Bella Maya resort won the Gold Award for Best Caribbean Apartments in the prestigious Homes Overseas Awards 2007 based on the quality, design and location of the property, taking into account local considerations that impact upon its ‘usability’. Ease of access, value for money, travel and communication links, local amenities and leisure facilities were all important considerations.
Bella Maya was developed, managed and is owned by Someplace Else LLC, a British company specializing in emerging market real estate. Throughout the planning, construction and operational development of the resort, every consideration has been taken to ensure that it created a truly outstanding resort.
Fully operational Resort
The resort is complete, fully operational and has a sales and marketing team who are currently developing relationships with key travel and tour operating companies to maximise investor returns.
Resort Management
Bella Maya will be a fully managed, luxury resort operating to the highest of standards. Owners are members of an exclusive rental and marketing program, complete with full management service. As a member, Owners will benefit from a full sales and marketing program, a dedicated resort website, on-line booking engine and reservations team.
The dedicated sales and marketing department have relationships from in-country wholesalers to major worldwide tour operators who they work with to generate sustained levels of occupancy for the resort. The program will also cover all admin and accountancy taking away from owners the day to day tasks of managing their property. The charge for full marketing, management and maintenance is 50% of your rental income.
The condominiums will generate room rates from $275 per night, all the way up to $525 per night. At 70% occupancy the condo revenue after 50/50 split would be approx. $34,600 owners' income per year (plus 28 days free usage.

Owners who are members of the rental management scheme are all entitled to 28 days usage of their apartment without any charges. Extensions to this period are available but will impact on rental returns. LocationThe Bella Maya Resort is located on the Placencia Peninsular, a beautiful, 18 mile long isthus in southern Belize. What makes the Placencia area unique is the different views that peninsular offers; on one side the shimmering ocean of the Caribbean Sea, on the other the tranquil lagoon with the sun setting over the Mayan mountains in the distance.

The Placencia peninsula also benefits from the best beaches in Belize, protected by the western world’s largest barrier reef. On the lagoon side there is an abundance of wildlife, and the chance to spot the endangered manatee.

Placencia has its own small airport, and is located 100 miles to the south of the main international airport in Belize City. The Resort is 8 miles north of the airport, and just to the north of the village of Maya Beach.

The Resort offers complementary scheduled transfers to Placencia village, so guests can enjoy the local shops that feature arts, crafts, delicious home made ice cream, plus a small supermarket plus bars and restaurants.
Growing Tourist Industry
Belize is home to a long Caribbean coast that boasts the world’s second largest barrier reef and lush tropical rainforest. It also has a rich diversity of wildlife and a large concentration of Mayan ruins and is becoming increasingly popular with international tourists with tourist numbers growing by 24% since 2002.

Belize, and Placencia in particular, is currently witnessing sustained interest from both foreign and local investors, with the real estate market increasing over the past 12 to 18 months and annual capital appreciation at over 20%. Land has been selling incredibly fast, and there are now very few plots of land left locally for commercial or resort use. Real Estate prices in mainstream Caribbean territories for properties similar to Bella Maya, are now closing in on the million dollar mark. It has not just been the islands that have seen significant rises, Panama and Costa Rica have both witnessed considerable capital appreciation coupled with investor demand. With prices still much lower than most of the Caribbean,Placencia is set to enjoy capital appreciation for many years, to eventually match property valuations of that seen in other Caribbean destinations.
In addition, Bella Maya will be a fully managed luxury resort, providing strong rental returns for all owners. With tourism increasing, and the resort becoming established as the place to stay when visiting Belize, the return on investment for owners will continue to increase.

Two of the completed and operational resorts in Placencia operate with occupancy levels of around 70%. These are Turtle Inn, owned by Francis Ford Coppola, and The Inn at Roberts Grove. The latter is a Condo Hotel, and has been operational for several years.
Bella Maya’s mission statement is to become the number one all round resort destination in Placencia and it is very much the aim to achieve 70% occupancy for investors.

Here's how 'HotelCondo' reviewed my condo at Bella Maya:
"This brand new first class Condo Hotel unit has the best location on the beach, just a step from the resort pool along with breathtaking views of the Caribbean Sea. The lagoon and the majestic Mayan Mountains of Central America are on the western side of the Resort and offer spectacular sunset views from the Bella Maya restaurant and bar. Located on the upper floor this two bedroom, two bath, fully furnished unit features a flat screen TV, exquisite European designed bathrooms with glass vessel bowl sinks and large tub with separate custom tiled showers. A fully equipped kitchen with granite countertops, stainless steel appliances, full size refrigerator, stove with oven and a microwave. Off the kitchen is a separate dining area with comfortable seating for six. Step into the living room and relax on the sofa and open the French doors to the private covered terrace and listen to the soothing sounds of the Caribbean Sea. In a single day you can travel from the tropical forest, to the Mayan Mountains, and back to the Caribbean Sea. Or snorkel and dive along the longest barrier reef in the Western Hemisphere with crystal clear waters and colorful ocean life to observe. Numerous land and water tours are available with professional tour guides that are natives of Belize. Fish, dive, swim, snorkel, hike, bicycle, kayak, or just relax. With a diversity of opportunities unmatched by any other country this is a true paradise and less than a two hour flight from the USA."

Serious enquiries only please, but if you are interested in more specific information, of any kind, including specimen Final Purchase and Management contracts, do not hesitate to contact the owner by e-mail or phone. If you wish to visit Bella Maya and stay for a few days leisurely 'inspection', this can be arranged at special Real Estate rates. You may also contact the Developers Manager at Bella Maya, Paul Willcox who can give additional useful information to prospective owners about the Resort and the residences.