Award Winning Bella Maya Resort: $100,000 below list price!

Posted on 2008-02-05 by nick.rockgraphics@googlemail.com in Placencia Condominium

$295,000. Upperfloor Lagoon-front luxury 2 bedroom residence on The Bella Maya Resort, Gold Award Winner 2007, "Homes Overseas Magazine" - 'Best Carribean Apartment'.
Belize's newest World Class luxury resort located on the Carribean coastline of Placencia. This one apartment (only) is offered by owner at an exceptional 23% reduction $100,000 lower than Resort listed price ($395,000) PLUS 6% Guaranteed Rental Income in year 1 value $17,700. For personal reasons the owner is keen to sell below pre-construction price, to secure a sale by early 2008. There are only very few apartments left for sale on the Resort, and none at this price.
A genuine bargain for an investor or anyone looking to own the highest quality Condominium real estate to be found in Belize.

KEY POINTS
- Premier New luxury Resort
- Operational since August 07
- Upper floor 2 bedroom, 2 bathrooms ensuite 1100 sq.ft Condo
- Front Lagoon and beach view
- High quality furnishing throughout
- Owner needs to sell early 2008
- Genuine $100,000 less than Developers' list price
- 6% Guaranteed Rental Income $17,700 in Year 1
- 8 - 15% p.a. annual rental income through Resorts' Rental Management in subsequent years
- Personal usage and/or rental income

The BellaMaya Resort and Residences
Bella Maya resort is set upon 6 acres of beautifully landscaped beach and lagoon-front land, with over 400 feet of private Caribbean beachfront on the Placencia Peninsula. The resort consists of a signature waterfront restaurant and bar over two levels, with an open decking area overlooking the picturesque Lagoon; an infinity pool with poolside bar; air conditioned gym, sports bar & activity room; landscaped gardens; 24 hour reception; tour centre and private pier.
2007 Homes Overseas Magazine Award Winner: Best Apartment - Caribbean
Gold: Bella Maya Resort & Residences, Belize - Developer: SOMEPLACE ELSE

Please check the official Bella Maya Sales web-site:
http://www.bellamayaresort.com
for full background information, at time of placing this ad, there are no other Upper Lagoonfront apartments currently for sale, and here you may both confirm the official listed prices and see full details of the Resort.
The resort has been constructed to suit the needs of the most discerning visitors and homeowners. The resort is located North of Placencia Airport, therefore away from the busier area of Placencia Village to the more exclusive retreat of Bella Maya.

PHOTO GALLERY
There is an on-line gallery you may view, in addition to the photos here.
http://picasaweb.google.co.uk/nick.rockgraphics/BellaMaya_Aug2007

The Condo: ref. H46 Upper Lagoon/Gonzalez
There are just 45 luxury 2 Bedroom Condominiums with stunning views overlooking the Caribbean ocean or the Placencia Lagoon and Maya mountains. The condo for sale (H46) is an Upperfloor Lagoon front (see photos) and comes beautifully furnished, and measures close to 1100 square feet, and comprises of:
- Two bedrooms both with en-suite bathrooms (both include a Jacuzzi whirlpool bath). All have designer bathrooms with glass sinks.
- Spacious private Balcony with double sliding doors
- Large open plan dining & living area including contemporary Belizean mahogany furniture
- Hand made kitchens, including appliances & granite counter tops.
- Doublesized US fridge + icemaker
- Flat screen TV and with Cable TV
- Room digital safe
- Travertine marble floors throughout
- Air conditioning in every room
- Wireless Internet Access
- Storage space / cupboards
- Living/Dining area: 13ft x 24ft, Master Bedroom: 14ft x 10ft, 2nd Bedroom: 13ft x 10ft, Kitchen: 10ft x 8ft, Porch: 28ft x 5ft

Resort Management
All condo owners will be able to benefit from the Bella Maya Rental Management program which in the first year will pay a guaranteed 6% rental yield (of the purchase price) with four weeks of free usage. You will get rental income in subsequent years via the resort Rental Management Service
- Subsequent years you may choose to use the Rental Management program.
- Owners receive equal share of Resort income as 50/50 split which is standard in similar condo resorts
- Based on 50% occupancy* approx. projected rental income $28,000 after Management fees.
(*Current average occupancy rates on comparable resorts in the area are between 45% - 70%)
- Bella Maya will be a fully managed world class luxury resort, providing strong rental returns for all owners. With tourism increasing, and the resort becoming established as the place to stay when visiting Belize, the return on investment for owners will continue to increase.
- Projected income ROI is 8 -15% per year AND future Capital Growth!

Investment Potential
Belize, and Placencia in particular, is currently witnessing sustained interest from both foreign and local investors, with the real estate market rocketing over the past 12 to 18 months and annual capital appreciation at over 20%.
Land has been selling incredibly fast, and there are now very few plots of land left locally for commercial or resort use.
Real Estate prices in mainstream Caribbean territories for properties similar to Bella Maya, are now closing in on the million dollar mark. It has not just been the islands that have seen significant rises, Panama and Costa Rica have both witnessed considerable capital appreciation coupled with investor demand. With prices still much lower than most of the Caribbean, Placencia is set to enjoy capital appreciation for many years, to eventually match property valuations of that seen in other Caribbean destinations.
In addition, Bella Maya will be a fully managed luxury resort, providing strong rental returns for all owners. With tourism increasing, and the resort becoming established as the place to stay when visiting Belize, the return on investment for owners will continue to increase.
Purchase
Purchase will be via the sole Agent and Developer, UK based company Someplace Else.
They have built, marketed and dealt with all sales to date, and are therefore best placed to provide buyer with an efficient and professional purchasing service.
50% financing is available through one of the Developers' partner banks in Belize.

Enquiries, quoting "Bella Maya H46 Upper Lagoon Front/Gonzalez"

Owner: Nick Gonzalez
16 Sussex Square, Brighton BN2 5AA, UK
Tel: +44 (0) 1273 691265 (UK time zone)
Cell: +44 (0) 774 0076966
e-mail: nick.rockgraphics@googlemail.com

Main Agents: Someplace Else UK LLP
91 Munster Road, Fulham, London SW6 5RF, UK
Tel: +44 (0) 207 731 2200
(Please ask to speak to Alistair Auty - Ref. Gonzalez H46)
www.someplaceelse.co.uk