For Sale $55,000 USD - Condos
Banana Beach Resort A320 is a 1 bedroom condo on the third floor. The unit has a courtyard view from the shared verandah and a partial sea view from the private balcony off the bedroom. This 450 square feet condo presents a wonderful investment opportunity as the entire resort is undergoing a complete overhaul.
Banana Beach Resort is now under the stewardship of Grand Caribe Property Management Limited! The new management brings with it an impressive group of experienced professionals. The team includes architects, engineers, technicians and a full construction crew on the ground along with skilled marketing, accounting and of course property management personnel working behind the scenes to make this project a success.
Units will be remodeled with a fresh, modern style to meet industry standards. Upgrades include new floor and shower tiles, refinished walls and cabinets, updated windows and doors. All new furnishings and appliances will complete the new design. The Resort has 2 swimming pools as well as a restaurant and bar onsite. When operational there will be a tour desk, concierge services, room service and housekeeping. Owners will also benefit from onsite rental management, with long and short term rental options.
Banana Beach Resort is well known both by locals and visitors as a family friendly property. It is also a great launching point for fishing and scuba diving as the reef is just ½ a mile offshore. The location, only 1 mile south of the town center, offers easy access and walkability to shops and restaurants. Nestled on the stunning Mar De Tumbo beachfront, the resort is also close to high end beach resorts including the recently opened Alaia Belize, Marriott Autograph Collection.
This condo is listed at $55,000 USD and is being sold as is with renovation costs at buyer’s expense. There is potential for construction financing provided by the developer. Contact us for additional details on this incredible investment opportunity. Banana Beach Resort A320 is sure to see rising property values when the resort is reopened and rebranded as a Grand Caribe affiliate.
- Ownership: Strata Title