Under construction with great rental opportunity at Duna.
Pool front units $335,000.00 USD
Beachfront units $398,000.00 USD
Duna, also known as Jaguar Reef Village, offers exquisite beachfront and pool front units designed for ultimate relaxation and luxury. These spacious 990 sq ft units feature an open-concept layout, combining modern style with comfort. Each unit comes with a seafront or pool front balcony, providing stunning views and the perfect space for unwinding. Inside, the units are fully furnished with stylish furniture and appliances, and each bedroom opens to a private courtyard. Beachfront villas also include a small plunge pool in the courtyard, adding an extra touch of indulgence. The interior spans 790 sq ft, with an additional 200 sq ft of exterior space, ideal for enjoying the tropical surroundings. Beachfront units are available for $398,000 USD, while pool front units are priced at $335,000 USD.
Available Units & Details:
I.) Beachfront Units:
Available Lots: 38H, 39H, 46H
Bathrooms: 1
Bedrooms: 1
Includes: Seafront / Pool front balcony, private courtyard off the bedroom, kitchen, furniture and appliances.
Beachfront villas have a small plunge pool in the courtyard
II.) Pool front Units:
Available lots: 37G, 38G, 41G, 42G, 43G
Bathrooms: 1
Bedrooms: 1
Includes: Seafront / Pool front balcony, private courtyard off the bedroom, 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.
NEIGHBORHOOD/COMMUNITY DESCRIPTION
Hopkins is a small, picturesque village located on the southeastern coast of Belize, in the Stann Creek District. Known for its vibrant Garifuna culture, the village offers a unique blend of traditional music, dance, and food, attracting visitors who want to experience the rich heritage of the Garifuna people. The village is also a gateway to some of Belize's most beautiful natural attractions, including the nearby beaches along the Caribbean Sea and the lush rainforests. Hopkins has gained popularity as a destination for eco-tourism, with opportunities for snorkeling, diving, fishing, and exploring the nearby Cockscomb Basin Wildlife Sanctuary, home to jaguars and other wildlife. Its laid-back atmosphere and stunning scenery make it a peaceful retreat for those looking to experience the natural beauty and culture of Belize.
Places to Visit:
Places to Eat:
LISTING AGENT
CHRIS AUSTIN
+1 864 420 7595 (US)
+501 611 2983 (BZ)
[email protected]
Submit form below for listing information.
© 2024 VIP Belize Limited.
All rights reserved.
The Ellysian Square-1st Floor
Placencia Road at Williams Street
Placencia Village, Stann Creek District
Belize, Central America
Phone: +501 611-2983
Email: [email protected]