About 18.7% of all inquires I get are from builders who are looking for a great deal. Some type of fixer upper, a property in distress, something they can put their skills to work on.
The reality is, not much in the way of that type of real estate exists on Ambergris Caye. We have a lot of vacant land, condos and completed homes. But fixer uppers are rare.
Well, now is your chance builders, rehabbers and flippers! Check this sweet little deal out.
Let me run down the basics for you.
1. Free and clear title. Ready to transfer with 100% full ownership.
2. Road access! Drive right to your front door, reach anywhere on the island in minutes including San Pedro Town.
3. Waterfront! Have a boat? Want a boat? Keep it at your back door. Direct access to the Caribbean sea and Ambergris Bay.
4. No HOA fees, Low property taxes,
5. A SOLID (tank like) diamond in the rough. Finish to your specs, as simple or fancy as you like.
Now, for some more info.
The current owners of this property would like to sell so they can downsize and invest in a smaller property on island. They have a lot invested into it so far. The land is paid for in cash and from what you can see in these pictures the grey work is complete.
This 3 bedroom villa style home with a golf cart garage was built on solid concrete pilings driven down into solid bedrock. The concrete structure is built like a tank and isn't going anywhere, even in a potentially strong hurricane. It's a solid as they come.
Builders, you have the freedom to finish this villa as you wish. Pick your own tile, trim, kitchen work, bathroom fixtures, etc.
Furnish it exactly as you want either by shipping down your own furniture from the US or Canada or with locally made furniture.
Electric, Cable and Internet are all onsite. So just show up with your tools and get to work.
The price on this villa is $167,000.... And it's a steal at that price.
The land and the villa as it sits now is valued at $250,000 US. Once finished it would be valued at over $400,000 US.
Just look around the island and try to find a 3 bedroom waterfront villa with a garage and having road access, electric, cable and internet. You won't find anything for under $400,000 US. That's why I'm so confident that this deal is perfect for builders, rehabbers or flippers.
Another perk, no dockage or marina fees. If you want your own boat keep it at your front door. You can access the Caribbean sea and the barrier reef to go snorkeling, diving or fishing. From this villa to the reef it's about an 8 minute boat ride. Also, you have complete and open access to Ambergris Bay including Secret Beach and the various sand bars on the west coast which are perfect for in the water picnics. Marina or pier dockage (if you had to pay for it) can run $200 US a month or more). Keeping your boat on your own property saves you at least $2,400 US a year.
Living on a budget? Consider this...this villa has NO HOA fees. Other villas along this road which are part of the Mara Laguna Resort have HOA fees of $350 US per month. This villa sits free and clear on it's own title. Saving you $4,200 US per year.
Finally, you once you finish this villa you can turn it into a rental. This would make a great Airbnb. Families and friends are always looking for single family homes to rent.
Similar villas next to this one regularly rent for $275 to $350 US per night.
So what do you think builders? Would this make a fun little project for you? All materials to finish it can be purchase right on the island. Or shipped over from Belize City.
To give you an idea of what other villas have been finished like I've put in this listing several pics of a similar villa. You don't have to finish it like this, but it may help to give you an idea of what can be done.
For an even more cooler vibe, email me and ask for some pics of the modern style house Graniel built down south. It's awesome. And I can see something similar done with this villa.
If you're like most people I'm sure you have a few questions for me. If so, shoot me and email. Then lets get on Skype or FaceTime and see how quickly we can get you into this little gem.
PS - Oh, I almost forgot...do you see that large flat roof top area? That can be finished off as an incredible outdoor living space, doubling the sq foot of the home. Put an outdoor living room up there complete with a BBQ grill and kitchen. You'll enjoy having your coffee in the morning or cocktails at night watching the sunset.