1 Bedroom Type #1 Layout Villas  at Duna CND#0008

 The 1-bedroom Type #1 villas at Duna, also known as Jaguar Reef Village, offer an ideal blend of comfort and luxury with their thoughtfully designed layout. These villas feature a private courtyard complete with a refreshing plunge pool, an outdoor lounge area for relaxation, and an outdoor shower to enjoy the tropical environment. Inside, the villa spans 670 sq ft of well-appointed living space, with modern furniture and appliances throughout. Additionally, there is 430 sq ft of exterior space, perfect for outdoor dining or lounging. With only the last two units available, these villas provide an exclusive opportunity to own a piece of paradise.

Available Units & Details: 

Available Lots: 10A & 13A
Bathrooms: 1
Includes: Private courtyard with plunge pool, outdoor lounge, outdoor shower, kitchen, furniture and appliances. 

Information to know when becoming an Owner at Duna's. 
Property/Rental Management:

Rental of these villas will be available through our management company The Belize Collection. The onsite management is provided by Jaguar Reef Village. It is not possible to rent the homes independently from our operation as we want to maintain consistency of our product offering in terms of product quality, packages offered, and pricing. 

Owners have the right to enter their units into the rental program or use the units for themselves, their friends, and family. There are no restrictions as to how many days an owner can use their unit and they can participate in the rental pool as much as they wish. Entering and leaving the rental pool is as easy as blocking off room nights with our reservation’s office. One stipulation is that any unblocked room nights that are booked need to be honored by the owners. We cannot kick booked guests or cancel existing reservations for the owner's use.

Rental Split:

The management agreement has a split of room net room revenue 50% to the owner and 50% to the resort. The net revenue is net of sales commissions.  

Expected Income: 

The Belize Collection hotels have a long history of well-run resorts achieving high occupancy rates at good average daily rental rates.  The projections for the rental of the homes are based on historical rental performance of comparable units types at our existing beach resort, Jaguar Reef Lodge. From that historical data, we expect a ROI of 6-8% at stabilization (when the room rates and occupancies of new rooms stabilize).

Financing:

Seller financing is available for this development up to 40% of the purchase price at 7% annual interest on a 15 year amortization and a 3 year term. Balloon payment due at the end of the 3 year term.

HOA:

HOA dues will be set at US$200.00 per month for villas participating in the rental pool and US$400.00 per month for villas not participating in the rental pool. The dues will be US$100.00 per month for studio units and hotel rooms participating in the rental pool and US$200.00 per month for studio units and hotel rooms not participating in the rental pool. HOA fees are to cover all common expenses such as security, concierge service, the maintenance of the common areas within Jaguar Reef Village such as the road right of way and gardens, the swimming pool and surrounds and the dock, but not any costs associated with the operation, maintenance or repair of the individual Units.