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Belize North Real Estate

$1,700,000.00US Terms: 50% Down with Terms - Owner Financed Notes: 29 Room Hotel - Downtown Corozal


COROZAL: The Las Palmas Hotel is conveniently located ... in the center of Corozal Town, within easy walking distance of restaurants, shops, and Internet cafes. This immaculate 29 room - 4 story hotel has approximately 22,000 sq. feet of finished rooms. This does not include the hallways or the patios. The property consists of 3 lots - each are 50 x 100 feet. The foundation will support 5 stories. The septic and electrical systems are both overbuilt for the property. The restaurant is approximately 1,800 sq. feet with two bathrooms and a fully furnished kitchen. Each of the guest rooms are equipped with air conditioning, mini-fridges, brand new beds, linens & furniture, color televisions, and full private baths, attractively tiled. Also installed is a DSL connection for internet access through the hotel. The hallways and common areas are cool, breezy and secure. Vehicles can also be parked in a secure, off-street parking lot. This is a turn-key operation. Owner will finance with 50 percent down and remaining 50 percent due in 5 years with no interest.

Property ID: HCZ-1
Listed in: Corozal
Property Use: Hotel
Price: $1,700,000.00US
Terms: 50% Down with Terms - Owner Financed
Notes: 29 Room Hotel - Downtown Corozal

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Belize North Real Estate, PO Box 226, Corozal Town, Belize - Central America