Income Generating Rentals & Workshop Space – Canal Side Maya Beach, Placencia

DESCRIPTION

Remax VIP is excited to present this versatile property for sale in the heart of Maya Beach.

This property, sitting on a nearly quarter acre lot comprises of 2 wood structure houses, a covered workshop area set on a 2 foot thick concrete slab and a concrete outhouse. There is a canal to the rear that is still being dredged.

One house is 20ft x 30ft and the second 20 ft x 20ft, both with 5 ft verandas. Between the 2 houses there are 11 single rooms, some with basic kitchen facilities, currently rented out to nearby restaurant workers. Total rental income from all the rooms is currently at roughly US$2,000 per month.

The covered workshop area was previously used as a wood shop/cabinet maker’s shop but could be used for a multitude of different trades.

The property benefits from having a natural year round well with pump and tank for gravity fed water distribution to the houses and workshop. There is also a rain catchment system with large water tank and a connection to city water as well as an existing electricity connection.

The entire lot has been filled 2 feet above the natural ground level, providing a solid base for the existing structures as well as for future buildings. Lush vegetation surrounds the lot including soursop trees, banana trees, coconut trees and sugar cane.

There is a 20 ft shipping container being used as storage that comes included with the selling price but can be removed if necessary.

Available now at only US$149,000