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Re: Vacation rentals in AC - occupancy rate [Re: Lauraf] #371198
03/22/10 07:59 AM
03/22/10 07:59 AM
Joined: May 2006
Posts: 538
Caye Caulker
Dane Offline
Dane  Offline
Nobody mentions the price. Here on Caye Caulker there is a substantial market for private homes at modest prices which drops off big time as the price goes up. We rent in an unusual way, often do not advertise and stay full 12 months a year.Our house on CC rents for US$800/ month longterm, but when we are here they move to our house in Maui for the same price.No manager needed.The last couple decided to stay in Maui so we are on the market again. They set the bar high-these were wonderful folks.
We had NO wear and tear. They fixed up the garden in a lovely way.
Renting day rate you will find some not so wonderful clients at times, surely have wear, and the total return can easily be less than the $9K/yr we get.

Re: Vacation rentals in AC - occupancy rate [Re: Dane] #371250
03/22/10 02:14 PM
03/22/10 02:14 PM
Joined: Mar 2010
Posts: 21
Lauraf Offline OP
Lauraf  Offline OP
The house I'm building is located in DFC subdivision near San Pedro, it is a waterfront lot with a small beach, and it will eventually have a pool. It is located very close to the marina.

Ideally I think between $200-$350/night (depending on the season) would be a fair asking price as it will be two separate 1200 sq ft units, one with two master suites, and one with three bedrooms.

My hope is to rent it out for about 20% of the year initially, though if that is being to grand I may need to rethink some of my planning...

Last edited by Lauraf; 03/22/10 02:17 PM.
Re: Vacation rentals in AC - occupancy rate [Re: Lauraf] #371264
03/22/10 03:51 PM
03/22/10 03:51 PM
Joined: Mar 2003
Posts: 2,160
San Pedro
Phil Offline
Phil  Offline
US$ or Bz$.

Re: Vacation rentals in AC - occupancy rate [Re: Phil] #371266
03/22/10 04:05 PM
03/22/10 04:05 PM
Joined: Mar 2010
Posts: 21
Lauraf Offline OP
Lauraf  Offline OP

Re: Vacation rentals in AC - occupancy rate [Re: Lauraf] #371275
03/22/10 05:03 PM
03/22/10 05:03 PM
Joined: Nov 2000
Posts: 8,880
seashell Offline
seashell  Offline
Someone is bound to say it sooner or later, so it might as well be me that takes the flack. I'd be very surprised if you can get rates like that in US or BZ dollars for that location.

A fish and a bird can fall in love, but where will they build their nest?

Re: Vacation rentals in AC - occupancy rate [Re: seashell] #371306
03/23/10 06:53 AM
03/23/10 06:53 AM
Joined: Nov 2004
Posts: 1,828
Ontario, Canada
Hon Offline
Hon  Offline
May be doable if rented location unseen but I doubt there would be many, if any, return customers considering what is available in that price range, or less, on the reef side.

Newfoundlanders are the only people in heaven who want to go home.
Re: Vacation rentals in AC - occupancy rate [Re: Hon] #371307
03/23/10 07:08 AM
03/23/10 07:08 AM
Joined: Feb 2002
Posts: 5,255
bucks county, PA
sweetjane Offline
sweetjane  Offline
we rent a really nice, newer 3 BR, spacious, REEF view beachfront home (walking distance to town but no pool) for around $125-150+ a night. i am mentioning this just for comparison's sake, to give you an idea.

Re: Vacation rentals in AC - occupancy rate [Re: sweetjane] #371308
03/23/10 07:59 AM
03/23/10 07:59 AM
Joined: May 2006
Posts: 3,299
San Pedro
tacogirl Offline
tacogirl  Offline
I have seen the Place Jane rents and it is really nice inside and great view / location.

San Pedro based Belize Blog since 2007 - great travel resources & discounts

Re: Vacation rentals in AC - occupancy rate [Re: tacogirl] #371314
03/23/10 08:28 AM
03/23/10 08:28 AM
Joined: Mar 2006
Posts: 1,822
South Ambergris Caye
JZB Offline
JZB  Offline
lauraf, I don't think you'll get 20% occupancy at that location for that rate. You may want to try lowering your price and renting to longer term visitors (1 or 2 months). For the price you suggested, visitors can stay beachfront within walking distance to town.

Re: Vacation rentals in AC - occupancy rate [Re: JZB] #371366
03/23/10 04:52 PM
03/23/10 04:52 PM
Joined: Aug 2005
Posts: 222
GBZ39 Offline
GBZ39  Offline
My opinion is not to plan on having any rentals and make your plans accordingly.

Take a ride/walk north of the Bridge and see the number of unoccupied buildings......some of these are rental properties there are few if any lights on during the high season.

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