Wade the Gringo

Saturday, October 30, 2010

Bannister Island Resort · Caribbean Island Brokers

Bannister Island Resort
Bannister Island is a truly unique business opportunity in Belize. As the only island resort in the country specifically designed to serve the growing cruise ship industry, Bannister has virtually no competition. The island is located just outside of Belize City and offers a true taste of the Caribbean for its guests. It is perfectly placed only 9 miles east-southeast of Belize City, 2 miles from the Belize Barrier Reef, and 2.5 miles from the cruise ship moorage.
This is an island that needs to be visited in person to fully appreciate its beauty and to see the business in action. Bannister Island Resort offers its guests spectacular beach break parties and special events.
Guests currently enjoy the following facilities on the island: over 600ft of beautiful beach, excellent for swimming and snorkeling, live bands on most days, 3 bars, a restaurant, kayaking, paddle boats, self piloted zodiacs that are a thrill to ride, kids play area, gift shop, kiosk-candy shop, hair braiding, volleyball, shuttle ball and other beach games. The island is protected by the reef, so the beach and swimming area in front of the island is usually calm. The beach has a very gentle slope that allows the guests to walk out nearly 100 feet before it begins to get deep.
The business has contracts with many of the major cruise ship operators such as Carnival, Princess, Norwegian, Royal Caribbean, as well as few independent private operators producing a substantial net profit for the owners.
The island is approximately 3 acres and is fully self-sufficient. A 21 K.W. generator provides power to the island's facilities and the reverse osmosis desalination system produces plenty of fresh water from the sea. There is also an environmentally friendly septic system.
Additional on site facilities are:
Male and female bathrooms and a separate disabled access bathroom.
Accommodations for onsite staff and caretakers in 3 units.
A complete restaurant capable of handling the demands of a very active business.
2 docking areas, one being dedicated to staff and supplies, the other to guests.
Several palapas scattered around the island
Barbecue area
Several paddle boats and sea kayaks
The business also has fantastic future potential with a full 30% of the island still undeveloped. This would provide ample space for overnight accommodations or a full dive operation. This could also open the doors to weddings, special occasions and events that could be fully operated directly and exclusively from the island.
The terms "unique" or "one of a kind" tend to get thrown around a lot in the real estate business, but this island resort business truly meets and exceeds expectations.
More pictures of Bannister Island can be found here.
Sales Price $1,950,000 US

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