ACTIVE  Great Returns On This 1BR House With Pool And Full Kitchen In Premier Cayo Resort!

This 1BR house with a pool and full kitchen is the perfect opportunity to take advantage of resort-driven rental revenue while still having unlimited use of the property for you and your family. This model includes a pool, and you can decide how close you want to be to the Sibun River.

The Banks is a 4.5-acre subdivision within the Sleeping Giant Rainforest Estates with 50 by 90-foot lots and 50 by 45-foot lots. Homes here will have a tightly designed housing plan featuring seamless indoor/outdoor living spaces, beautiful landscaping, light-filled indoor spaces, and private courtyards with plunge pools.

This resort residence community will consist of 24 homes, which would qualify to be part of a rental program marketed directly as part of a resort. This extension will also have a common area with a lobby/concierge, restaurant/bar, swimming pool, river access, and dining palapa on the riverbank.

Located along the Sibun River, The Banks includes lots 3, 4, 5, 6, 7, and 8. Lot 66 across the street will also be part of this.

Buyers will become a part of the Owners Club, providing access to other resorts in the region at a discount along with reduced rates on food, drinks, and tours.

Construction has already started on the amenities, beginning with the river deck, dining area, and bar. This will be followed by the construction of the pool and lobby. Once amenities are complete, construction will move on to the one-bedroom units, followed by the two-bedroom units. Total construction time will be a year and a half.

Rental of these units will be available through a management company. On-site management is provided by a local lodge. It is not possible to rent the homes independently, as consistency in product offering, quality, packages, and pricing is a priority.

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 on how many days an owner can use their unit, and participation in the rental pool is flexible. Owners must honor any booked guests if the room is reserved.

The management agreement has a split of net room revenue, allocating 70% to the owner and 30% to the resort, net of sales commissions.

Historical data indicates a potential ROI of 11-12% at stabilization, based on similar room styles and rental histories.

Financing is available for up to 40% of the purchase price at an annual interest rate, on a standard amortization period.

There is a monthly HOA fee to cover common area costs around the buildings, including exterior grounds maintenance and upkeep.