Overview
- Updated On:
- April 3, 2024
- Not Available Garages
Description
We are happy to share with you this stunning beach resort located on Quarter Mile North Placencia Airstrip, just 2 miles north of Placencia Village. This Stunning beach resort offers a range of luxurious villas and rental rooms, providing an exceptional opportunity for both personal enjoyment and investment.
The entire resort, once completed, is available for purchase at a price of $15 million US. However, if you’re interested in individual units, the projected unit prices for 2024 range from $499,000 to $1.2 million US for the beachfront villas.
The beach villas are a total of 12, offering a variety of layouts including studios, 2-bedroom, and 4-bedroom options. These villas are situated on the first and second floors, providing breath taking views of the Caribbean Sea. Additionally, the main building features 6 rental rooms for added convenience and income potential.
Spanning across this 2.4 acres of beachfront property, this resort boasts an impressive 273 feet of Caribbean Sea frontage. The villa sizes range from 965 square feet to 2,934 square feet, ensuring ample space for relaxation and entertainment.
For those interested in generating rental income, the owner’s rental program is available as an option, with a 50%/50% net profit split. Furthermore, medium-sized dogs are allowed on the premises, making it a pet-friendly environment.
The resort offers a large, split-level beachside pool, perfect for cooling off and enjoying the tropical surroundings. Additionally, a 217-foot beachside pier provides direct access to the stunning beach and crystal-clear waters.
To ensure the smooth operation and maintenance of the resort, there is an HOA fee of $0.35 per square foot.