5 Star Beachfront Resort/Hotel/Vacation Home in Belize

Hopkins, Belize

Seller Financing Available
5 Star Beachfront Resort/Hotel/Vacation Home in Belize
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Asking Price: Get Financing: $2,400,000

Cash Flow: $193,692

Gross Revenue: $627,520

EBITDA: N/A

FF&E: $250,000

Inventory: $384,252

Real Estate: $2,700,000

Established: 2008

5 Star Beachfront Resort/Hotel/Vacation Home in Belize

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Business Description

Villa Verano is a 5 star luxury beachfront destination in the charming town of Hopkins, Belize. The Villa has a total of 10 exquisite rooms with 13 bathrooms: the five-bedroom Sunrise Home on the first floor; the four-bedroom Sea Grape Home on the second floor; and a rooftop Penthouse Suite. The elegant spaces are finely detailed with mahogany furniture, the highest quality bedding, linens and robes, flat screen televisions and fiber optic computer connections.

Villa Verano accommodates up to 38 people for extended families and groups. Purchase as a resort or a single or multi-family home, each having an ocean front villa on the 1st and 2nd floors. The Villa currently operates as a boutique hotel featuring a rooftop deck with spectacular ocean and mountain views, a billiards room, galley entertaining kitchen and hot tub. Additional amenities include a library, fully equipped air conditioned fitness room and a 70 foot beachfront pool with the spacious, furnished deck overlooking the Caribbean Sea.

Full concierge services are available to guests such as tours, transportation, personal chef and customized meals, spa treatments, private bar set up and any other special requests. Guests also have exclusive access to beach cruiser bikes, snorkel gear, fishing rods, double kayaks, paddle boards and a catamaran.

Belize is conveniently located just two hours from several major US international airports. Villa Verano is located in the Stann Creek District of Belize, one mile south of Hopkins Village. Hopkins Village is a friendly Garifuna village which welcomes you to visit its restaurants, shops, bars and beaches. Both Maya Island Air and Tropic Air have regular 20-minute flights from the Belize International airport to the Dangriga airstrip, which is just a 35-minute drive to Hopkins.

VIDEO TOUR: https://www.youtube.com/watch?v=ghzh_8HE5So

In the last 12 months, Villa Verano experienced a jump in occupancy from 33% to 53% and the net income increased from $100,000 to $193,692. The Villa is now at a 7.2% ROI at the price of $2.7M. The owners would consider at least 50% financing possibly up to 75% with approved collateral.
If the buyer does not require seller financing, the owners would accept $2.4M which makes the investment an 8.1% return.

Villa Verano is an absolutely exquisite property with the best location in all of Belize to experience all of what Belize has to offer. It is right on the Caribbean Sea and the closest location for divers, snorkelers and fishermen and women to reach the famous Blue Hole. It is also only about 30 minutes away from the world's only Jaguar Preserve, mountains, jungle and river activities.

Villa Verano listing site: https://buildout.com/website/322595-sale
In order to view the confidential financial records, click on the documents tab on the above website, select a document to view and the system will ask you to create a Buildout account.
Once you have created an account and have signed the confidentiality agreement, you will have access to all of the financial and operations documents.

Accomodates up to 38 people
Mountain and Caribbean Sea Views
100 foot beachfront lot
Oceanside pool
Rooftop hot tub, billiards room, library and galley entertaining kitchen
Full concierge services for tours and spa services
Personal chef offers customized meal plans
5 Star Trip Advisor Rating

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
14,000
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Villa Verano was constructed in 2008 and is owned by three Canadian families who use the Villa as their vacation home and rental investment property. The Villa features a 12,500 sq ft main building on a 100 ft beachfront lot and a 1,500 sq ft service building across the road. It has built an excellent reputation within the vacation rental community having a 5 star rating on Trip Advisor. Current rental income is mainly generated from VRBO, Trip Advisor and wedding destination conventions. Specific financial information is available for qualified purchasers.
Growth & Expansion:
Belize is considered to be the gateway to Central America and top destination for water related ventures due to its proximity to the second largest barrier reef in the world. Tourists are attracted to and keep returning to the area because of its white beaches, friendly people, world class diving/snorkeling/fishing and it is a laid back, safe, English speaking country.   Belize boasts a variety of landscapes including: mountains, jungles, rivers, waterfalls, hundreds of cayes (islands) and rare atolls (ring shaped islands formed by coral). Tourist arrivals to Belize are heavily increasing with a 43% jump since the year 2000 and a 29% increase between 2010-2015. Approximately 95% of arrivals into Belize are for leisure travel and with new non-stop flights from the US and Canada, it makes for an easy vacation destination.   More information on tourism growth can be found at: https://belizetourismboard.org/belize-tourism/statistics/   http://www.sib.org.bz/statistics/other-statistics The resort is governed by the country of Belize and more information about their laws can be found here:  http://www.belize.gov.bz/
Financing:
Seller financing with a 50% down payment and the balance amortized over several years
Support & Training:
Owners are Canadian and spend less than 10 hours per week managing the finances and staff. Full time manager lives on site. Owners will provide as much support needed for a successful transition.
Reason for Selling:
Other Business Opportunity/Retirement
Business Website:
http://villaveranobelize.com
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Contact the Seller

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April Femrite

Business Listed By:
April Femrite

Coldwell Banker Commercial Fisher Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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