Luxury Private Beach Front Estate on the Coast of PlacenciaAsking Price: $150,000
Location: Just South of The Placencia of the Placencia Hotel
City: Placencia
State/Province: Belize Country: Belize Type: Beach Front
This magnificent two story waterfront beach estate is superbly located on The Carribean 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. ****Features & Amenities**** -The main home is two stories consisting of 4,167 sq. ft. -2,952 total air conditioned living area -882 in covered balcony and porches -333 sq. ft Porte cochere -The garage and staff apartment will add another approximate 500 to 600 sq. ft under roof -Privacy Fence Surrounding the Entire Property -Swimming Pool -Private Pier -Owners storage and staff quarters building to be constructed in addition to the main home -Estate is professionally decorated and fully furnished -Custom high end construction and finish out -SUV for use by owners -On-site Staff -On-site Laundry Facilities ****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. -Owners can sell their share of the asset at any time. Given the current growth and expansion in the region, an owner should be able to liquidate their share of the asset with relative ease and at a fair profit, should they so desire. The Development Team is available to assist in the sales process. -The Management of the Property is self-directed. There are no outside entities controling the management of this property. All investment and management decisions are made by majority vote of the owners of the property. -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. -Ownership Priveleges and Amenities -All maintenance and management details will be handled by the owner selected Property Management Company. -An SUV is available for use by owners and their guests. -On-site staff. -Owners and the guests have access to The Placencia Hotel and it's amenities during their 5 weeks. -Each owner is provided with a locker for storage of personal items such as scuba and fishing equipment. -On-site Laundry Facilities. ****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. For More Information See Our Website at www.fractionalvacationhomes.net E-Mail: info@fractionalvacationhomes.net Please contact this advertiser through their user profile. Browse sell listings in Belize, Belize |