Turnkey Boutique Resort Caye Caulker
Iguana Reef Resort
Caye Caulker Belize is quickly becoming a top tourist destination in Belize. Located on the leeward side of Caye Caulker minutes from restaurants , entertainment, and tour providers. The island has the second largest volume of overnight stays in Belize. Tourist find the laid back, go slow culture of the island the ideal place to relax.
This stunning, meticulously maintained resort is one of the top destinations on Caye Caulker. The large beach area is open for visitors and guests who want a quiet relaxing environment for sunbathing and viewing the spectacular sunsets. The beach at Iguana Reef has a full-service bar (seating 25), large over-the-water deck, dock, hammocks, and ocean swings. The area includes shaded chat areas with love seats, barrel chairs and tables, 40 chase lounges, and seating for 30 on the dock with unobstructed ocean views. The pool area is inside the gated resort compound providing guests with a private area for undisturbed relaxation. The restaurant which serves continental breakfast for guests could be expanded to a full-service dining room. Excellent opportunity to service the large number of guests frequenting the beach area.
THE SUNSET BAR
Both hotel guests and visitors are welcome to enjoy the beach facilities and beautiful sunsets. The full-service bar is a strong revenue producing asset to the business. This revenue could easily be doubled with food service on the beach. The seahorse farm is included in many of the Caye Caulker island tours helping to bring in a steady stream of guests to the resort. Great opportunity for a restaurant serving meals and snacks throughout the day and evening.
DEVELOPMENT OPPORTUNITIES
Expand the number of rooms using the 9,250 square foot land to the north of the resort. With the increased demand for investment properties, this area would be perfect location for 1 & 2 bedroom condos. The larger rentals would compliment the existing hotel. This would be the only condo development on the west side of the island. Opportunity to offset a considerable portion of the initial investment.
STATUS: PRICE REDUCTION
WAS : US $5,150,000
NOW: US $4,750,000
15 Rooms
Beachfront Bar
Pool
200' + Ocean Frontage
Pier
Large Over the Water Deck
Large Beach Area for Sunbathing
Interior
Updated Furnishings
Air conditioning in all rooms
Exterior
Deck/Patio
Bar
Dock
Ocean front
Bonus Lot for Expansion
Community
Close to town
Restaurants nearby
Quiet neighborhood