FREQUENTLY ASKED QUESTIONS

General Ownership

Can foreigners own property in Mahogany Bay Village?

Yes. All properties in Mahogany Bay Village (MBV) are held in fee-simple title, allowing 100% foreign ownership without the need for local partnerships or residency.

What does the purchase process involve?

Purchases are typically completed within 30 to 90 days using a licensed Belizean attorney or closing agent who manages the title search, escrow, land registration, and government stamp duty filings.

Mahogany Bay – Resort vs. Village: What’s the Difference?

Overview

Mahogany Bay Village is a 120-acre master-planned gated community located one mile south of San Pedro Town. The development includes over 700 properties across Phase I and Phase II.

Hilton-Branded Resort Units

• Professionally managed under the Hilton global brand
• Includes Garden Cottages, Keeping Suites (Upper & Lower), and Family Cottages
• Access to resort amenities: Beach Club, pool, Bay Club, fitness center
• Managed within the Hilton reservation system

Mahogany Bay Village Properties (Non-Hilton)

• Privately owned homes and canal-front vacant lots
• Wide range of architectural designs and custom build options
• Independent or third-party rental management (including Marriott Bonvoy affiliations)
• Boat access to the Caribbean Sea for diving, fishing, and watersports

Cost & Financing

Are financing options available?

Yes. Select lots and homes offer vendor financing with 20–30% down payments. Terms range from 12 to 60 months with interest-only or amortizing options.

What are the annual ownership costs?

• Property Taxes: Typically $150–$500 USD per year
• HOA Dues: Cover roads, canals, and community infrastructure
• Resort Fees: Apply to Hilton-managed units and vary by property

Rental Income & Investment

Can I rent out my property?

Yes. Hilton units participate in the resort’s booking system, while village properties may be rented via Airbnb, VRBO, or managed through independent or brand-affiliated programs such as Marriott Bonvoy.

What type of rental income can I expect?

• Hilton Units: Turnkey and globally branded, though returns may be offset by operational costs
• Village Homes: Greater control and typically higher net returns with direct management

Construction & Building

Can I build on a vacant lot?

Yes. All lots are fully serviced and ready for construction. Owners can choose from pre-approved designs or submit custom plans that meet community standards.

How long does construction take?

Most homes are completed in 9 to 14 months depending on design complexity and builder availability.

Location & Lifestyle

Where is Mahogany Bay located?

MBV is located 1 mile south of San Pedro Town on Ambergris Caye, easily accessible via golf cart or bike and just minutes from the island’s airport and downtown core.

What amenities are available?

• Mahogany Bay Beach Club (Hilton guests and members)
• Restaurants, cafes, and boutique retail shops
• Full-service marina and boat launch
• On-site spa, wellness center, yoga, and fitness offerings
• Property management and concierge services

Final Buyer Considerations

Key Points

• Hilton Units: Best for turnkey ownership and full resort access
• Village Properties: Ideal for flexibility, customization, and strong rental potential
• Use a licensed real estate agent or attorney to ensure a smooth closing process
• Schedule a private or virtual tour to explore options aligned with your goals