FRACTIONAL OWNERSHIP AVAILABLE!
Property Address: Wild Orchid
Contact: Anthony or Cheryl Garcia
Contact Telephone: 501-608-6532
Contact Toll-Free: n/a
Contact Fax: n/a
Property URL: n/a
Owner/ Innkeeper(s): Anthony & Cheryl Garcia
Date Business Established: January 1, 2018
Trade Association Affiliations: n/a
Area Description: Placencia, Belize. A desirable tourist attraction; tours to Mayan Ruins, Jungle Tours, Bird-watching,cycling, deep-sea fishing, fly fishing, hiking, kayaking, pier fishing, sailing, snorkeling, diving,spelunking, swimming. White sandy beaches, and clear Caribbean water. The largest reef in the Northern Hemisphere is nearby.
Belize is close to the US, just south of Mexico on the East coast (Caribbean Sea) of Central America. The official language of Belize is English, and all business is done in English and under British law. The General Sales Tax (GST) is 12.5%, and the Business tax is a maximum of 15% of Net income. Real Estate taxes are low, $100/year for our property. Professional services provided in Belize include: Accounting, Architecture, Engineering, Dentistry, Doctors, Lawyers, Management Consultants, Interior Design & Landscaping.
Tourist arrivals have continued a steady increase over the past few years:
- 2012 Belize had about 85,000 tourists.
- 2013, there were about 88,000 tourists.
- In 2014 Belize had about 1,160,000 tourists, more than double the previous year.
- In 2015, it increases to about 1,180,000 tourists.
- Then in 2016 it jumped to about 1,260,000 tourists.
The numbers are not yet posted for 2017, however the outlook is good for coming years.
Site Description: Waterfront property with boat dock. Surrounded by coconut palms. Views of the Caribbean Sea, lagoon and Mayan mountains. Relaxing tropical breezes. Steps to the beach.
Structural Description: 8 bedroom, 8.5 bathroom B&B or boutique hotel in highly desirable tourist area. Gated community. Brand new building, cement & rebar construction, with all tile floors and showers, beautiful mahogany staircase, mahogany cabinets and granite counter tops. Private Penthouse with 2 bedrooms, 2 bathrooms, kitchen & lounge with private balconies overlooking the Caribbean Sea to the east, lagoon & Mayan mountains to the west. Each bedroom has a private bathroom with shower and private balcony, and is wired for cable TV, WiFi, and has a ceiling fan and air conditioning. TV lounge on each floor. Ground floor has 2 bedrooms, 2.5 bathrooms with private balconies, large kitchen and laundry room, main dining room and lounge with balconies, large foyer, office/check-in, and is handicap accessible.
Offering: Peaceful Retreat At The Beach, Paradise Found! Looking for Cash-flow? You found it!
- $1,000,000 Building
- $1,200,000 with Sailing Catamaran
Financing is available for qualified Buyer with 50% down. Will consider an exchange for property of equal value in Florida or NC. Contact us for details. We are the owners of both the property & the catamaran. Fractional Ownership Available.
- Occupancy: 50% projected
- Average Daily Rate: ~$140 projected
- Income from Room Sales: $153,000 Projected, Net
- Property Taxes: $100
- Electric: $20,500 projected for all utilities
- Water and Sewer: n/a
- Gas: n/a
- Insurance: $4,000