Belize Pleco

by Admin on November 11, 2009

From: $549,000 Bedrooms: 2 Type: Apartment Put cursor on arrows of picture to sort through. Double click on image to enlarge and see full picture.
The Belize Pleco is THE luxurious condominium project on the island of Ambergris Caye. It is located 2.5 miles south of the town center of San Pedro, directly on the Caribbean Sea. If luxury and location is what you are looking for on Ambergris Caye, Belize, this place is for you! A grocery store is walking distance from the Belize Pelco and the town of San Pedro is just a short golf cart ride away. San Pedro has all the bars and restaurants you would want to entertain yourself. There is an onsite bar, infinity pool, ocean kayaks, boating dock, and private beach. This is the place to relax and get away from all the hustle and bustle of the city life. As owners in the Pleco, you will be able to participate in a rental pool to achieve income as an investment for your condo. The split between owner and management is 70%/30%. The HOA fees are $600 USD a month. However, if an owner participates in the rental pool, the $600 USD HOA fee is subtracted from the income produced. Therefore the rental income negates the HOA fee. The 2 bedroom units rent out for $375 a night during low season, $450 a night in high season, and $500 a night in peak season. The 3 bedroom units rent out for $575 a night during low season, $625 a night during high season, and $675 a night during peak season. Low season runs from May through December. High season runs from January through April. Peak season runs from the Christmas Holidays to New Years. 2 bedroom/2 bath unit purchases start at $549,000 3 bedroom/3 bath unit purchases start at $649,000 Check out the video below to see a 360 panorama of the Belize Pleco.

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