Business
Marina
The two– and three–bedroom, fully
equipped condos at Robert’s Grove
are priced from $275K to $485K and
according to realtor Boris Mannsfeld
have a very high annual rental yield.
Chabil Mar
The Robert’s Grove Marina has thirty
lots with boat slips for sale from
$150,000 to $199,000 with the
stipulation that the owner must
build within two years. At the time
I was there seventeen lots were
already sold. Four duplexes have
already been built and sold.
Chabil Mar and The Peninsula Club
In 2003, entrepreneur Diane Buhlman
am to a n ia to n h r o n
small house” but ended up developing
Chabil Mar, a luxury boutique condo
resort. With Chabil Mar completed
and doing very well, Diane has
started a new development, The
Peninsula Club.
Deck at CocoPlum Villa
Chabil Mar has 22 condo/villas that
were priced at $550K for a two
bedroom with one bath and $650K
for a two bedroom with two baths.
These are beautifully appointed,
spacious units with full kitchens
and all the amenities. According to
Buhlman the condos are yielding
6.5% per year as rental units for
the resort. “Most buy to live here
at least three months a year, mostly
in 40’s to 50’s age group. Many bring
their computers to (be able to) work.
It’s quality of life they’re after.”
Unfortunately, at the time I was
there were no condos for sale. I was
told that the owners don’t part with
them easily. It would be worthwhile
to check if any of these condos come
onto the market later because they
really are beautiful.
The Peninsula Marina is on 65 acres
with a dive shop and a few units
already built. Building lots with a slip
are available for single family homes,
duplexes, and fourplexes. A high–end
health club and spa is underway, and
there will be a complete, upscale
shopping mall on the property. The
9.3–acre marina was still for sale at the
time of my visit. I looked at a couple of
hom
ith i
ni h or n ar y
ni h
Th ri ran
ni h
a
approximately $500K to $999K.
Villas at Coco Plum,
Development Resort
The Villas at CocoPlum is a beautiful
new eco–conscious development that
has kept the native vegetation as
natural as possible, adding to it with
stunning tropical landscaping. The
utilities are underground, as is the
case with most of the newer resorts
and developments in the area.
Planned are a marina, condos, and
single family homes. Several luxury
single family units are already built,
priced from $250K to $799K and you
can buy a penthouse for a cool
$million.
The Rest of Stann Creek District
Placencia is located on a peninsula at
the southern end of Stann Creek
District. We traveled to the northern
part of the District, through the
Sittee River area to Hopkins looking
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