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Small Inn/B&B For Sale in Sandy Bay, Roatan, Honduras
Small Slice Of Heaven In A Diver's Paradise, With Income!
Asking Price: $219,000 USD (Negotiable - Financing Available)
Why Dream of the Caribbean when you can own it?
This 5 unit, 3 story, recently renovated building sits backs onto lush jungle, while a stunning view of the Caribbean Sea is presented to the front. Each of the 5 apartments walk onto balconies overlooking the property as it spills toward the ocean. The property was extensively renovated in 2016 and has recieved wonderful reviews from guests from around the world. Currently, this business is operated as short term vacation rental apartments. The Jungle Reef Inn is listed on AirBnB, , Expedia, VRBO, Trip Advisor, Facebook, as well as our own website . All of this is managed by us, remotely.
On-site, the property is cared for by a long term, trusted property management team. Our expenses are very low, enabling this to be a lucrative second income, or great for those seeking a wonderful place to slow down, and enjoy island life.
The island is populated by many expats from all over the world, ensuring it is a safe, fun place to visit/live. With an investment like this, you can legally achieve residency status, making this a viable semi retirement destination. With a cap rate ranging between 10-15%, this is an investment that will exceed the performance of most others. With Honduras being one of the few Caribbean countries where full title can is given without hassle, this is a great opportunity to fulfill the dream of Caribbean living.
Roatan is one of 3 barrier islands 40 miles off the coast of Honduras. Surrounded by the Meso-American Reef, it is a divers paradise, and destination for 1 million cruise ship passengers per year. The property is an easy walk or short taxi ride to dive shops, restaurants, and some of the nicest beaches in Central America.
Roatan is considered by many to be the "undiscovered gem of Central America". With 1 million cruise ship visitors per year, it's quickly getting discovered, and values are starting to reflect that. It's a great time to come to Roatan!
|About This Property|
Bed and Breakfasts
Jungle Reef Road
|Features - Amenities|
- Ocean View
- Mountain View
- Pet Friendly
- Maid's Quarters
- Maid's Bathroom
- Cable TV
- High Speed Internet
- Cable Tv
- Located Within An Ex-Pat Community
- Unit Is A Short Walk To The Beach, Dive Shops, And Restaurants. Property Has Fruit Trees, And A Creek Than Runs Along One Edge. View Is Stunning!
|Pictures (click to view a larger image)|
|Contact - More Information|
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