Description:
Located north of the bridge and San Pedro, in the exclusive Reef Village area, this two bedroom, two bath beachfront condo is perfect for rentals or full time living.
Long term rentals were at 100% occupancy at $1200 -1500 US per month prior to the unit going on the market.
The unit comes with impact resistant windows and doors, is fully furnished and ready to move in.
As an upper unit it has 20 foot cathedral ceilings. All wooden interior surfaces and cabinets are mahogany. There are extra large floor tiles throughout. The master bedroom has panoramic views of the ocean, a large balcony and a private bath. The guest bedroom, with a private bath, has a view of the lagoon. There is a six person spa tub above the unit.
The complex offers management, swimming pool and a pool side bar.
Homeowners dues are $200 US monthly.
This condo has been greatly for a quick sale and is way under market value – the seller is ready to move this property.
Some very unique facts on this condo are:
The monthly dues are only 200 USD per month (payed quarterly) and covers hurricane insurance, property taxes,pool,grounds maintenance and on sight management.The condo association is very well organized and runs very smoothly for this 10 unit complex.
Some other features are the impact resistant windows and sliding glass doors. All the cabinets and trim done in solid mahogany, and this condo has 16 foot vaulted ceilings, over sized floor tiles
It is walking distance to town.
The actual construction of the buildings was done state of the art with solid steel and concrete construction tied down to six foot thick cement pads. There are also 100,000 gallon cisterns under each of the two main buildings. There is also on sight a pool bar and management .
Also this unit is a block of ten shares in the villas del rio corporation which empowers the owner to a vote in any and all decisions made.The homeowners association is owned by all ten unit owners, which has been great.So it means a buyer owns their unit as well ten percent of the property and bar and has all voting rights.
Come experience Belize at its coastal best.
Price: $274,000 USD PRICED TO SELL ! $225,000 USD
When inquiring about this piece please quote number 1553
