Best of both worlds-Off Ocean Lots in Hopkins with Full Beach Resort Access Included! Hopkins

USD 64,900
Sale
SKU: L267
Property type: Lots

Amenities

  • Bar
  • Beach Access
  • Beach Club
  • Ocean View
  • Quiet Location
  • Swimming Pool

Description

Great opportunity to enjoy the best of both worlds in the hotel zone of the Hopkins community in Belize.  Starting at $64,900 you can own a .25 acre lot in this quiet gated subdivision and build your dream home at your leisure since there are no requirements on when you must start construction.  Seller financing available.  Lot owners have access to all of the beachfront amenities of The Lodge at Jaguar Reef including the pool and full service restaurant and bar.  80% SOLD OUT SO DON’T WAIT TO RESERVE YOURS TODAY!

Savannah Homes

This is a 51) Lot, soon to be 61) Lot, residential subdivision just to the west of our award winning resort, The Lodge at Jaguar Reef. These are fully serviced quarter-acre lots located just off the beach. Owners will enjoy the privacy this community offers, and will have access to the beach through Jaguar Reef along with all of Jaguar Reef’s facilities and services.

Lot Information: 

51) LOTS IN PHASE I-ONLY 8) LOTS REMAINING!

10)LOTS IN PHASE II-NOT YET AVAILABLE

Pricing: 

Lots range in price from US$64,900 to US$74,900. You will find a price list attached.

Construction: 

We offer construction of customized homes for buyers who are interested, or owners may opt to have their homes built by another builder. There are no set home plans for this location, buyers have the flexibility to build a home to their specification.

At this time, the general cost of building a home is ~$150 sq. ft., but the overall cost of the home will also depend on the type of finishes the buyer is looking for. Pools can vary in cost depending on the size of the pool, pool features/lighting, amount of tile finish, size and finish of deck and whether or not you want a heat pump for your pool.  An unheated regular size pool and deck would cost around US$30,000.

Attached you’ll find a copy of the Savannah Homes Protective Covenants.

Property/Rental Management & Rental Split: 

Owners can rent through our resort website and management services or they could rent independently using websites like VRBO, Flipkey and AirBnB.

We would do a 70/30 split with the home owner if we manage the property and sell it on our website. An occupancy of around 40% is expected, but expected occupancy could vary significantly depending on the house quality and amenities. The average nightly rate will also vary depending on the size and quality of a home as well as amenities such as a swimming pool.

Expected Income:

As an example, with a 1500 sq. ft. two bedroom home you can expect a US$250 per night rate. With this nightly rate, the gross owner proceeds are likely US$24,000 less costs like utilities, insurance and some maintenance.  A net return of ~US$15,000 a year.

Financing: 

Financing is available for the lots at 6% interest for 5 year and 15 year amortization, with a deposit of US$10,000. Balloon payment due after 5 years.

HOA Fees:

There is a monthly HOA fee of US$75.00 a month per lot which goes towards the maintenance of the pool, clubhouse and security.

Contact the Agent

Chris Austin

Agent
BZ & WhatsApp
+501 613-7492
US & WhatsApp
+864 420-7595
Chris Austin relocated to Belize from South Carolina in September 2021 after falling in love with the Placencia Peninsula, where he first visited in 2015, and Maya Beach in particular.  During his 23 years as a technology contractor in the US, Chris became very familiar with the construction and real estate professions and is pursuing development of his own condos in the Maya Beach area in addition to representing buyers and sellers for REMAX VIP Belize.  He has honed his design/build skills by flipping properties prior moving to Belize, and is happy to help you find your “diamond in the rough” here as well. Chris has always believed in offering exceptional service and attention to detail in order to develop long-term, loyal relationships with his clients.  He understands the process of buying property and having a business in Belize, having experienced it all firsthand, and will be  a resource for…