Luxury Private Beach Front Estate For A Fraction Of The Cost
Asking Price: $150,000 USD
This magnificent two story waterfront beach estate is superbly located on The Caribbean Ocean in Placencia, Belize. Outstanding features radiate luxury and beauty throughout this exquisite 4 Bedroom, 4 Bath residence. The estate is currently under construction and is scheduled for completion in March of 2007.
Investment Benefits
As an owner, you will own 10% of a single asset Belize corporation that owns the estate and all of the assets associated with the property.
Owners will have a 10% ownership of a New Single Family Luxury Residential Property in a very desirable destination in Belize that is experiencing rapid growth and development. The property is expected to significantly appreciate in the next 5 years.
Each owner has exclusive access to the property for 5 weeks out of the year. They have the ability to generate rental income during all or part of that time. Currently, similar properties are generating between $5000 and $7000 per week in rental income.
The Management of the Property is self-directed. There are no outside entities controlling the management of this property. All investment and management decisions are made by majority vote of the owners of the property.
Investment Terms
A minimal one time investment: $150,000.
$50,000 deposit due at time commitment.
Balance due upon completion of construction and closing of investment.
Low annual owner expenses are split evenly among the owners and billed to each Owners Account on a monthly basis. The expenses include: Property Taxes; Insurance; Utilities; Property maintenance and improvements; Hiring and Managing the On-Site Staff; Maintenance of the SUV. These expenses will be offset by rental income acquired throughout the year.
About This Property
Category:
Single Family Homes
Address:
Placencia Belize
For Sale By:
Owner
Construction Year:
2007
Area:
4,167 Sq. Ft
Bedrooms:
4
Bathrooms:
4
Sleeps:
10
Stories:
2
Parking Spaces:
6
Features - Amenities
Furnished
Appliances
Pet Friendly
Maid's Quarters
Maid's Bathroom
Laundry Room
Pool
Tennis Court
Gym/Spa
Balcony
Terrace
Patio
Cable TV
Ocean View
Ocean Waterfront
Suv For Use By Owners
Private Pier
On-Site Staff
333 Sq. Ft. Porte Cochere
Custom High-End Construction And Finish Out
Estate Is Professionally Decorated And Fully Furnished