Chial Reserve
Cayo District, Belize
US$415,000
Secured community with custom-built luxury residences above the Cayo rainforest.
The Chial Reserve community is a hybrid of a residential-resort model offering homeowners the luxury of a jungle vacation getaway and also generating an attractive return on investment from the rental revenue model, or call it ‘home’ and become a full-time community member.
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TheVillas
Open concept layout, combined with the large bi-fold doors, allows for an incredible indoor-outdoor experience while also adding usable covered space.
Each building parcel was hand-selected along the +800 feet jungle mountain to create adequate space to accommodate the footprint of the private villa residence.
Villa Features:
2 Bedroom | 2 Bath + Alfresco Showers
Fully Furnished - Turnkey
Private plunge pool with generous covered deck
High ceilings
Bi-fold doors for indoor-outdoor experience
Open concept layout with a modern eco-decor
Fully air-conditioned
Private Parking
THEFAQ’S
Owners have the option of full-time residence or vacation home coupled with rental management for secured return on investment opportunities.
Chial Reserve ROI Assumption
Are there H.O.A. Fees?
Yes, fees are US$450 which covers maintenance of the common areas such as roads, infrastructure, and full-time security, as well as upkeep of the villa’s exterior such as roof, landscaping, and pool equipment.
What are the Utility Fees?
Utilities are based on consumption, however, on average electricity is US$250.00, Water is US$65, and the standard 10 Mb internet is US$60, totaling US$375 per month.
What are the annual property taxes?
Property Taxes are approximately US$250.
What is the rental management split?
Rental Management is 20% and Operational Fees are 20%.
TheProgress
THESCOPE
