Own at Bananas
Ownership at Bananas on the Beach
Ownership of a suite unit at Bananas on the Beach is affordable and secure with fee simple ownership.
Enjoy a great place to visit, and let the management team handle the day-to-day operations.
- Fee simple condo title
- Governed by Condo by-laws
- Onsite Rental management program
- Professional management team with experience & proven success
- Access to owner portal to track bookings, expenses & income
- Quarterly financial reporting
Fixed Expenses
Monthly Home Owner Association (HOA) maintenance dues $295 USD plus Tax – total $331.88 USD per month * fixed for first year of operation.
Annual property taxes estimate: $250 USD
Annual Insurance estimate: Between $500 – $900 USD depending on unit size.
The annual general meeting will be held after one full year of operations and owner input and participation is welcome and encouraged.
One Time Closing Cost
In addition to the purchase price of the unit you will have a government title transfer tax (stamp duty) and legal fees.
Legal counsel will verify clear title status and handle the drafting and processing of ownership transfer documentation.
Expect additional closing expenses to be approximately 10% of the purchase price of the unit.
Own at Bananas
Sunrise Realty is here to help you invest in San Pedro, Ambergris Caye, Belize. Specializing in real estate sales on the island for over 35 years you can trust that we will ensure your success in diligently purchasing a quality investment suite. Our experienced and professional team members can provide you with full details on the purchasing process and connect you with the legal team ensuring a smooth purchase transaction.
Bananas on the Beach has one-bedroom suites for sale starting at $149,000 USD. Purchase a suite at an affordable price and maintain your investment with low overhead costs and good revenue potential.
The onsite sales office will be open 7 days a week and scheduled viewings conducted daily.
Personal suite showings starting now can be arranged upon request, contact Sunrise Realty to set up your walk-through of Bananas on the Beach!
