7066 - HOTEL AND SEAFRONT RESTAURANT ON CAYE CAULKER, Ref-B
CAYE CAULKER
14 ROOMS w/Beach Bar and Pier
Caribbean Waterfront Restaurant/Bar
Caye Caulker, Belize
501-824-0550
A chance to purchase this type of property on Caye Caulker comes along just once in a while... This 14-room hotel is located in the tourist zone, just a short distance from the world famous CC hotspot, 'The Split'...
The hotel was built just four years ago. It is well looked after and turns a good profit. Cap Rate on net income is just under 14%, representing great value! A new reverse osmosis unit was recently purchased and installed. And, the national water company, BWS, is currently installing water mains for a new water plant that should be in operation in the next six to eight months.
In addition, the waterfront restaurant/bar is included in the sale! This arrangement, with a business located on the Marine Reserve, is no longer available. However, there is a 'grandfather' clause that applies to existing owners that have had businesses set up in these areas for many years. This 'grandfathering' is transferable to new owners.
Other Details: Number of Bedrooms: 14, Number of Bathrooms: 14
* Price: 1,900,000 USD
Keywords: Hotel for Sale, Hotel in Caye Caulker, Beach Front Hotel
Date & Time Listed: 2009-01-14 17:41:54 GMT
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