Belize Legacy Resort is being developed as a full-service resort hotel.
Unit Buyers:
- Own 'a piece of Paradise' in the form of a unit on the Caribbean Sea.
- Will place their unit in a rental pool for the first seven years of ownership to achieve maximum returns.
- Will make money. Investors will receive an above average return on their investment.
- Will benefit from on-going increase in real estate values in special, unique locations around the world that are poised for explosive tourist growth.
- Vacation in a full-service resort environment with beautiful amenities, a variety of activites to choose from and superb service.
Purchasing a unit at Belize Legacy Resort is right for people seeking a strong return on a passive investment, which will grow rapidly in real estate value, with the added bonus of delightful vacation opportunities. Ambergris Caye has limited Caribbean Sea frontage because it is an island. A long-standing law precludes any construction exceeding 3 stories. This island master plan was designed to protect the environment and to achieve long term eco-tourism for the nation of Belize.
Owners or immediate family may occupy their units for up to 45 days per calendar year. Hotel occupancy produces the income for unit owners and high occupancy is the key to a strong rate of return on investment.
The management team will produce maximum revenues by utilizing the skills of an experienced group of hotel professionals with a long list of impressive contacts, an upgraded room products, first-class amenities and activities, controlled expenses and well-trained employees who provide superb service. The maximum return on investment to the owners is the primary concern of Legacy Group Management Company.
Unit owners at Belize Legacy Resort will be issued one share of Belize Legacy Resort Company Limited, representing the ownership of their individual unit. When you sell your unit, you will transfer the share representing your unit to the new buyer. The Government of Belize accesses a Stamp Duty Tax of 15% of the sales price for the transfer of the share.
The owners of the units will become members of the Belize Legacy Resort Homeowner's Association when all shares of the Company are issued to the respective owners upon completion of construction. Opportunities and responsibilities of the owners are outlined in the 'Articles of Association.' unit owners will each sign an agreement to put their unit in a rental pool managed by The Legacy Group Managment Company Limited for a period of seven years from date of opening. Owners may sell their unit at any time.
