THIS BEAUTIFUL little resort on the most popular island in Belize, Ambergris Caye is located right on the beach at the edge of San Pedro Town, a name you might remember because of the praise it got in Madonna's song "La Isla Bonita", and which is located on the Southern end of the Island.
It is staffed with a Manager and complete staff and requires very little operational oversight. It has been in operation since 1989 and has become a landmark on the island, known for its superior customer service and guest satisfaction.
Condominiums of the Resort are one bedroom suites, private bedroom with queen size bed, bathroom, living room with queen sleeper sofa, kitchen and a balcony or patio all facing the Caribbean Sea and large sandy beach. Guests at the Resort also enjoy the swimming pool, the 200 feet pier or the private observation sun deck for a breath taking view of or just relaxing. The resort has been affiliated since 1999 with the worlds first and largest Timeshare Exchange company, Resort Condominiums International (RCI).

THE PROPERTY

The property is Freehold, and the majority of the assets, and absolute control, of a Tropical Resort in the Caribbean Sea owned by an International Business Company (IBC). This is an off-shore company. The assets are held by two Belizean Limited Liability (LLC) Companies, which will be referred to as LLC #1 and LLC #2 and managed by the Management Company all of which are controlled by the IBC.

For those investors who prefer to be a passive investor or are not experienced in Marketing & Sales of Timeshares we will put you in touch with a world class Marketing and Sales expert who is interested in partnering in this specific resort. With this gentleman's assistance you are sure to more than double your investment in less than 2 years.

METHOD OF PURCHASE

The buyer will purchase 100% of the bearer shares of the IBC and become the owner of certain assets of the Resort listed below. (Because this is an IBC there are no Government transfer fees or closing costs at this time or in the event of a future resale. There are innumerable other advantages of an IBC which will be detailed upon request)

PROPERTY LOCATION

This Tropical Caribbean paradise is located on the beach in San Pedro Town, Ambergris Caye (an island), Belize. A short 2 hour non-stop flight from Miami, Dallas or Houston.

TERMS AND OWNER FINANCING

Available with suitable collateral or Bank guarantee.

DESCRIPTION OF ASSETS

Upon acquisition of all stocks/shares in the International Business Company (IBC), the Buyer will gain full ownership to all assets and investments in the Resort held by the IBC including the following:

1. LLC # 1 - 100% of the Shares of LLC # 1 Limited including the real estate and condominiums.
2. LLC # 2 - Eighty percent (80%) of the shares of LLC # 2 which gives Buyer direct 100% ownership of 8 of the 12 condominiums and 80% ownership of all other assets of LLC # 2. (The Buyer will assume total control of the company as there are no minority shareholder rights in Belize.)
3. Pier And Dive Shop - Majority ownership and full control and use of the pier and dive shop located directly in front of the Resort. The pier is 200 feet long while the dive shop is 18 feet by 24 feet.
4. Two Domains: - One Website:
5. Miscellaneous Hotel And Other Equipment
6. Consultancy - The Buyer/Investor as the majority and controlling equity interest holder will manage/oversee the day to day operations of the Resort, comprising of twenty-one (21) condominiums. For those Investors who wish to remain strictly passive, arrangements will be made for management which requires no input from the Investor. Fifteen condominiums are fully completed. The infrastructure for the remaining six condominiums is complete including stairwells, walkways, privacy fences, a swimming pool and tropical garden with exotic Belizean hardwood walkways and decks. The cash flows and revenues derived form this will be greatly increased when the Timeshare sales are completed and should net no less than $300,000.00 annually.
7. Timeshare Sales & Operating Income - Rights to the proceeds including principal and interest payments from the sale of nine hundred and sixty-nine (969) timeshare weeks. The Projected gross cash flow is US $ 9,690,000.00. (See: Timesharing Projected P & L.)
8. Contract for Deed (Mortgages) - Rights to the proceeds including Principal & Interest payments of 2 condominiums sold under Contract for Deed (Mortgages)
9. Registered Trade Name of the Resort - Ownership of the Registered Trade name: "The Resort."

All assets will be delivered free and clear of any mortgages, indebtedness or encumbrances and are in a state of good repair due to regular replacement and maintenance.

CLOSING COSTS - GOVERNMENT TAXES - ATTORNEYS FEES

Because this is the purchase of the Shares of an International Business Company, there are no government transfer fees or taxes when you purchase now or in the event of a resale in the future.

WHERE IN THE WORLD IS BELIZE ??

Belize is located on the Caribbean coast of Central America, 200 miles south of Cancun, Mexico and Guatemala forming its western border. The whole coast line is protected by a barrier reef while the inner waters are shallow and dotted with numerous islets. As of 2002 Belize's population was 250,000 approx. Although Spanish, Creole and Maya are spoken, English is the official language.

BELIZE: A PEACEFUL, STABLE AND INDEPENDENT COUNTRY

Belize is a former British dependent territory, formerly known as British Honduras. On September 21, 1981, Belize became fully independent nation which remains a member of the British Commonwealth. The Government is a parliamentary democracy based on the Westminster model, with a House of Representatives, Senate and Prime Minister as head of state. The laws of Belize are based on the British legal system and its Common Law tradition. Belize is politically very stable. It is officially English speaking, which is convenient for visitors from the U.S.

On arrival in Belize you will transfer to a 15 minute flight across the Caribbean Sea to San Pedro on Ambergris Caye. Enjoy spectacular views of the Belize Barrier Reef islands and the dozens of tropical islands en route. Our destination is San Pedro - made famous by Madonna in her song "La Isla Bonita" ("The Beautiful Island"). Ambergris Caye known for the finest Diving/Fishing experience in the Caribbean.

Belize is the last great frontier in this hemisphere that still offers the peace of mind that vacationers want. It is an English speaking country with a democratic government and population of less than 300,000 and about 10,000 live on Ambergris Caye. Belize offers some of the most pristine diving and fishing opportunities in the world.

Belize boasts the second largest reef in the world and the Blue Hole made famous by world renowned Jacques Cousteau. The spectacular circle of the Blue Hole is nearly 1000 feet in diameter and located at Lighthouse Reef, one of Belize's three coral atolls.

TO RECEIVE DETAILED INFORMATION

Fill out your full name, address and telephone number where you may be contacted on the Info request form below. Once you have been contacted by our Associate Mr. Bill Wilkinson, you will receive full disclosure. Your information will only be used for the purpose of sending the information you requested.