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Ground floor Beach Front Studio in Akumal

$275,000.00


Villas on the Reef overlooks Half Moon Bay and the Caribbean. This ground floor, one bedroom condominium has an open floor plan to maximize living space and allow the tropical breezes to flow through. This unit comes furnished and is 77 M2 (828 sq ft). You also get a 12.5% ownership interest in the lot next door.

This condo is air conditioned, with a full kitchen, and you can enjoy your own Caribbean view from anywhere in the condo or patio on the beach.

The condo has averaged $18,000 annually in rental income with expenses running $8,000. All plumbing and septic is new. Owner will finance with 30% down, 8% interest on 30 year ARM, with balloon payment in 5 years.

Snorkeling is right outside your door in Half Moon Bay or take a 10 minute walk to the tranquil waters of Yal-ku lagoon. You'll find plenty of sun loungers for sunbathing and a couple of thatched umbrellas when you've had enough, but still want to be on the beach.

There are stores and restaurants nearby on Half Moon Bay. La Buena Vida is a favorite watering hole/restaurant with a sand floor "swing bar"& dive shop next door. In the other direction, toward Yal-ku lagoon, is La Lunita restaurant for excellent international cuisine, and Que Onda for homemade pasta.

Akumal Bay is the heart of town and only two kilometers south. There you will find more restaurants, gift shops, grocery stores, dive shops, and just about anything you could want.

Sq.Ft.: 828

Bedrooms: 1

Bathrooms: 1


This advertiser may be contacted at 888-769-3861, or by using the email form below.


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Ad Number: 1247
Listing Date: July 25th, 2011
Expires: July 18th, 2012
Ad Views: 166
Owner: Akumal Investments
Location: Akumal
Member Since: April 12th, 2011

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