Vacation Home/Rental For Sale

Description

***For Sale By Owner***

Your Caribbean dream home with rental income! Why pay the high price for a beachfront property and then get bogged down in all that expensive maintenance? The Green House by the Sea is the right choice for your Caribbean vacation/rental property!

ASKING: $575,000 USD. Open to all offers and willing to negotiate.

Closing Particulars: I (the homeowner) will provide the purchase agreement documents. A Belize-based American lawyer with a US escrow account will complete the closing (same as with a real estate agent).

Property Details

Steps to the beach
Sea View
Canal (lagoon access) at the back of the property
Walking distance to resorts, restaurants, shops, and the lagoon
Clear title
Property tax= $25BZ/year
¼ acre lot
3 bed, 2.5 bath
1500 sq.ft. interior living space
350 sq.ft. garden deck
600 sq.ft. ground level partly finished space (currently used as an art studio, workshop, and utility room)
200 square foot covered concrete porch
Fruit-bearing trees
Income-generating property- short-term rental via AirBnB: The Green House By The Sea. Property to be sold with all branding, marketing materials, and legal name registration (The Green House by the Sea)
Currently managed by McNielsen Property Management
Potential for further development through the pursuit of additional income-generating opportunities
See photos for Reviews
Insulated walls and ceilings throughout
Upgraded hurricane ties in walls
Plywood/plycem subfloors throughout
Belizean Bullet Wood floors
Imported tiles (from Spain and Italy) in kitchen and bathrooms
Custom kitchen, built-ins, and vanities
High-efficiency appliances
4x ductless mini-split air conditioners
LP gas 50 gals hot water tank
Master bath deep soaker tub
In-suite laundry
Fully furnished (select pieces not included in the sale; please inquire)
Kitchen wares, including small appliances
Bed linens for all beds (1 king, 1 queen, 1 double, 2 singles)
Water is currently provided by rain catchment cisterns (2200 gals). However, BWS recently ran municipal water in front of the property. Meters are to be installed in the near future. Water lines from the electrical service entrance to the house have already been installed (completed during construction)

Potential for further development through the pursuit of additional income-generating opportunities EXAMPLES
In addition to short-term rentals, the house can be rented out on a midterm basis (6-8 months, i.e., May through Nov). There is currently a gap in the rental market for 3-bedroom rentals of that duration.

We have been discussing with a local vendor (David Perez) about putting a fruit stand at the front of the property. David used to have a stand in Maya Beach, but the rent was too high for him during the slow season. The area needs a fruit stand as there is nothing available for the neighborhoods of Riversdale, Caribbean Way, Plantation, Maya Beach, Surfside, and Cocoplum. The closest fruit stand is in Seine Bight. We have already designated a spot on the property for him if you want to move forward with the fruit stand. David has an investor who will help build a small structure. He will require power for a cold room, but this is not necessary to begin with.

Maya Beach is zoned commercial residential, and the enclosed lower level could be used for a business, like a coffee shop, art gallery, etc. Another option could be a short-term office rental space, where digital nomads and other remote workers could rent on-demand co-work office space. Nothing of the sort exists in the area.

The playground under the south side of the house could be opened to the public for a nominal fee, and the adjacent shipping container could be used as a small cafe/bar to serve drinks and snacks to the kids and parents.