Seller Financing a Caribbean Resort: How the Lina Point Deal Structure Works

Why buyers ask about seller financing

A commercial mortgage on a resort, especially for a foreign buyer of a Belize property, is often slow. Seller financing means the seller holds the note. The terms below are the public terms for Lina Point. They are not a quote from a bank, and they are not a comparison table of other islands.

The public terms

• List price: $2,100,000
• Down payment: 50% of list
• Interest: 9% per annum
• Amortization: 15 years
• Balloon: the balance is due at year 3
• Debt on the resort today: zero

At the $2,100,000 list price, 50% down is $1,050,000. The seller holds a note on the rest at 9%, amortized over 15 years, with the remaining balance due at year 3.

What the balloon means

The 15-year schedule sets the payments during the balloon period. It is not the date the note is paid off. At year 3 the remaining balance is due. A buyer then refinances, pays the balance, or asks the seller about an extension. An extension is a new agreement. It is not part of the published terms.

Cash, and a broker

• Cash price: about $1,995,000. That is the list price less the published cash discount.
• Co-broke: 3%, paid by the seller. Register the buyer at overwater.com/realtors before a showing. The buyer’s price is not marked up.

Records before you rely on the note

Seller financing does not skip diligence. Ask for:

• Independent legal review of the IBC and the corporate documents
• A title search on the parcels that are actually in the sale
• The survey, the equipment list, and the management contracts
• Profit-and-loss statements and operating records, shared under NDA

The resort is offered with zero debt. Projected gross revenue is $907,000, and that figure is a projection, not trailing actuals. Do not treat the projection as the cash the note will be paid from.

The Lina Point offer

Lina Point is a freehold turnkey overwater resort in San Pedro, on Ambergris Caye, Belize. It was built in 2017 and is listed at $2,100,000 USD (about $1,995,000 cash). Seller financing is 50%. The resort is offered with zero debt. Projected gross revenue is $907,000, and that figure is a projection, not trailing actuals.

The resort package includes 9 hotel keys, The Mayan restaurant, docks, a pool bar, a sandbar, and 30% management rights on 5 glass-floor cabanas. Cabana deeds and 3 lots are sold separately. The seller pays a 3% co-broke. Marketed by Point Realtor LLC (Florida).

The primary listing is overwater.com/resort. Realtors register a buyer at overwater.com/realtors. Write to sales@overwater.com or WhatsApp +1 (813) 850-5899.

Where to go next

If you want these terms applied to a specific buyer, start on the listing. The inquiry form is on overwater.com/resort. Brokers register before a showing at overwater.com/realtors. Direct questions go to sales@overwater.com.