Location, location, location! This brand new beachfront boutique resort located right in downtown San Pedro is a short walk to great restaurants, shopping, nightlife, and dive shops (try right out the front door). This is a unique opportunity to invest in a low priced Beach Condos and own a unit that generates big returns, and all in the heart of San Pedro Town. Most resorts need a golf cart to get around; optional at the Palapa House!
First impressions are everything and you won’t be disappointed with this option. New construction and tastefully designed units at Palapa house will surely impress. All units are furnished with stainless appliances, granite and/or cement counter tops. Mahogany cabinetry and more. Not to mention the imported furnishings that make this stand out from other units in this price point. All mattresses, linens and towels meet North American Four Star Resort standards. All units are being sold completely furnished and ready to move in or rent, down to the last corkscrew. Oh, did I mention the views? Every unit has a covered veranda with spectacular views of the sunrise, ocean, pool and most importantly the beach and Caribbean Sea! Relax in the pool, sip coffee or have a cocktails at the beachfront Palapa bar.
Second Floor Queen Suites are 430 sq. ft. units with living rooms that have a hassock table (a coffee table that converts to a dining table), sleek ceiling fans in the living rooms and bedrooms, Smart TVs and upgraded sofa beds that feature an 8.5 inch queen size mattress with pillow top! The kitchenette has solid wood cabinets with soft close drawers, coffee maker, toaster, blender, microwave, sink and mini refrigerator/freezer. The full bath has a modern walk in shower and a very cool barn door design feature that closes for the bathroom and opens the closet area or vice versa. These units have adjoining doors that will create a 2 BR/2BA or 3BR/3BA unit.
The Palapa house has been operating since 2017 and has been quite successful with vacation rentals. You will be happy to see that these offer returns that are comparable to resort villas of a much higher price tag. What that translates to is a great ROI! These units are aggressively priced in the Belize real estate market at $209,000 each. There are only three of these available so if you’ve been looking for a centrally located unit that will bring in big rental returns you’ll want to explore this option a bit further. Contact us for more details.