FOr sale - $595,000 usd
This property, known as Kane Villas, is fully operational, meticulously maintained and ready to be turned over to new owners.
Appraised on April 8, 2019 by Calvin E.S. Neal, CEI, SCV of Belstate Realtors Ltd for $755,600 USD. Appraisal will be provided to potential buyers.
Available to purchase (first-time on the market); a luxurious titled 4.9-acre property located in the heart of the Mountain Pine Ridge Forest Reserve (Cayo District). This Estate offers 3 fully furnished villas/houses, a staff house and a 15,000-gallon swimming pool. Directly bordering the property is Little Vaqueros Creek, which is a year-round water supply. Construction was completed in 2018 and the property has turned a profit since the day it became operational.
This property could remain as a vacation rental property upon purchase. Or, a large family or group of friends could purchase as a personal property.
Kane Villas is a Limited Liability Company (LLC) registered with the Belize Companies and Corporate Affairs Registry. Every July, annual filings are completed and are current until July 2021. Kane Villas is also a registered tourism accommodation with the Belize Tourism Board. License No. HOT05228. Additionally, Kane Villas is a Gold Standard Certified Hotel/Accommodations provider, which is a new health and safety requirement by the Belize Tourism Board, that must be achieved in order to operate during the covid-19 pandemic.
Kane Villas is located near the Blancaneaux Line; perfectly situated between Blancaneaux Lodge and GAIA Riverlodge and ONLY 1 mile from Big Rock Waterfall. There is a private waterfall, Little Vaqueros Falls, just behind the property; also just a short walk away is Blancaneaux Cave. Within a short drive is Rio On Pools, Rio Frio Cave, Pinol Sands, 1000 Ft Falls, Caracol Archaeological Park. Additional natural attractions in the Mountain Pine Ridge area include Barton Creek Cave, Sapodilla Falls, horseback riding adventures and Green Hills Butterfly Farm.
THE PROPERTY FEATURES THE FOLLOWING:
Mahalo House: 1728 sqft
Two story wooden structure originally constructed in 2010 and re-modeled in 2017. Features an upstairs master bedroom with a king bed and balcony overlooking the property. Opposite the upstairs master bedroom is a loft with a queen bed and a set of bunk beds.
Downstairs features a wrap-around porch, full kitchen with full size appliances, one bathroom with high-end wood finishes, stand up shower, American Standard toilet. Hot water throughout. Security safe located in master bedroom as well as a flat screen tv.
There is a large deck off the first floor, which features an outdoor fireplace. There are stairs off the first-floor deck that lead to a short path to the pool area.
Pua Villa: 560 sqft interior, 448 sqft exterior
One-story concrete structure. One large room with a king bed, queen bed and sofa bed. Features all high-end furniture purchased from Hummingbird Furnishings in Belize. Full kitchen with full size appliances, large farmhouse double sink, quartz countertops. The bathroom is spacious and features American Standard sink and toilet, quartz countertops (matching the kitchen), large walk-in shower with rain showerhead and imported sliding glass doors. This villa is beautifully tiled throughout. Includes a security safe and a flat screen tv. Also, has a 24k BTU A/C that has been cleaned on a weekly basis and serviced regularly since its installation. There is a large screened-in porch that enlarges the living space significantly. Doors and cabinets are all custom made of cabbage bark.
Mango Villa: 560 sqft interior, 448 sqft exterior
Nearly identical to Pua Villa. One-story concrete structure. One large room with a king bed and sofa bed. Features high-end furnishings purchased from Hummingbird Furnishings in Belize. Full kitchen with full-size appliances, large farmhouse double sink, quartz countertops. The bathroom is spacious and features an American Standard sink and toilet, quartz countertops (matching the kitchen), large walk-in shower with rain showerhead and imported sliding glass doors. This villa is beautifully tiled throughout. Includes a security safe and a flat-screen tv. Also, has a 24k BTU A/C that has been cleaned on a weekly basis and serviced regularly since its installation. There is a large screened-in porch that enlarges the living space significantly. Wood doors and cabinets are all custom made of cabbage bark. Hot water for this villa is from a Chromagen 300L Open-Loop Thermosiphon solar water heater.
To note: Pua Villa and Mango Villa are the only accommodations in ALL of Mountain Pine Ridge that have air conditioning!
Large pool deck with a 15,000-gallon salt-water swimming pool. Features 4 pool loungers, 2 picnic tables with umbrellas, an outdoor shower, and a bathroom. The pool deck also has Cal Flame BBQ grill, worth approx. $2500 USD and double kitchen sinks.
48 Rolls batteries (4000 series S290 6V), 36 solar panels (270 watts), 2 Outback inverters, 3 Outback charge controllers. Batteries are brand-new - installed Sep 2020. Supported by an automatic start back-up 20kW Generac generator.
The solar system has been consistently maintained since its installation. Battery water is topped up every two-weeks and a service record is kept. The generator is serviced approx. 3 times per year by Belmopan Aggregates & Hardware. Service records have been kept.
Wooden structure with a queen bed platform and a single bed platform. Full kitchen with gas fridge and gas stove, double sinks, bathroom with large walk-in shower (with hot water). The office is in one room of the staff house, separated with its own exterior door.
1 x 19kg Whirlpool washing machine, 1 x Whirlpool gas dryer. Hot water tank is located in the laundry room. Also features a laundry table and shelving to store goods and supplies.
Trees: Mango, Banana, Plantain, Plantano, Acai, Coconut, Coffee, Papaya, Soursop, Cashew, Golden Plum, Passion Fruit, Dragon Fruit, Pineapple, Mahogany, Pine + more.
Full garden located at staff quarters.
The Mountain Pine Ridge Area:
Big Rock Waterfall
Little Vaqueros Creek
Five Sisters Waterfall
Rio On Pools
Rio Frio Cave
1000 Ft Falls
Caracol Archaeological Park
Barton Creek Cave
Mountain Equestrian Trails (horseback riding)
Green Hills Butterfly Farm
Should new owners wish to expand the business, there is plenty of land to add additional structures such as villas, houses, owners house, restaurant, bar, spa, yoga platform, game room, etc.
Current # of staff: 2 staff + owners
Sale includes lawnmower, weed eater, water pump
Cable TV: satellite dish already installed on the property, ready for connection
Wifi: satellite provided by HughesNet
Annual property tax: $2.50 USD (this is not a typo....two dollars and fifty cents!)
Cost of annual filings for the business: $150 USD (current until July 2021)
Business tax to be paid monthly to the GOB for all short-term rentals – 1.75%
Hotel tax to be paid monthly to the Belize Tourism Board for all short-term rentals – 9%
Trade license is not required to operate a business in Mountain Pine Ridge
We have relationships with tour companies, tour guides, transportation providers, spa technicians/massage therapists that will be passed on to new owners
Current reviews can be found on TripAdvisor, Google, Facebook, Booking.com, Expedia, Airbnb, VRBO
The main road in the Mountain Pine Ridge Forest Reserve is currently being paved and should be completed by the end of 2021.
This property can be purchased to opearte as a business, or it can be used for personal use.