Diamond Cay - for sale...

Diamond Cay
Bay Islands, Honduras
Central America

Diamond Cay is a two and a half-acre tropical paradise located a third of a mile from the island of Utila in the Bay Islands of Honduras. It is only 250 yards from the Jewel Cays, which are inhabited by a small number of mostly local Honduran Bay Islanders. The Cay (pronounced key) is almost a perfect oval, being 364 feet long by 330 feet wide. There are over 100 producing coconut trees and numerous other trees and local plants and ferns in a "park like" setting. Diamond Cay is surrounded by beautiful, living coral reefs, with fabulous and varied scuba diving and snorkeling right off the beach. There are several small white sand beaches, some with trees hanging out over the water. Deep-water channel entrances on either side of the island allow easy access to large boats and yachts. A large deep-water anchorage area is located on the protected side of the cay, which allows mooring or dockage for large boats. The ocean side has reefs extending out from 400 to 550 feet offering complete protection from incoming waves and surges. Currently there is a small house, guest cabin, and boat dock.

Diamond Cay would be ideal for a small diving resort (10-20 double rooms and we have complete plans available), a sport fishing camp, or a vacation/permanent residence for a person that "really" wants to experience the tropical island dream. This property is very unique, as it is the only private island that we know of that is "For Sale" anywhere in this area and it is located only five miles from a commercial airport.
This island is "titled" under a fully prepaid 99-year lease that has approximately 74 years left to run, and it can easily be transferred and reregistered in Honduras to a new owner. A sub-lease, or purchase agreement can be completed in the United States. This is the first time Diamond Cay has been offered in over 20 years.

Diamond Cay is valued at about $250,000 USD, but is now being offered for a quick sale at $125,000 USD. The owner will carry a note for seven years @ 8%, with a $50,000 down payment or offer a $25,000 discount for all cash. We will also consider a ten-year lease for a diving/fishing resort @ $2,000 per month (with the last years rent paid in advance). We have a thirty kw generator with a 14,000 gallons per day reverse osmosis salt water conversion plant available for $35,000. Only 23 hours usage since new. Original U. S. Government cost over $150,000.

A complete information package is available. This includes resort drawings, blue prints, charts, maps, color photographs of the island and surrounding reefs, resort plans, lists of Utila dive spots, information on Utila dive resorts (check one at www.utila.com on the internet), and other dive resorts in the Bay Islands (over 25), travel, and transportation information, etc. Cost for this complete package, including FedEx shipping is $100 (to cover our cost). Limited additional information free by E-mail/Fax/USPO.

Serious inquires from principals only!
We have no time for brokers, agents, promoters, and the curious. No commissions will be offered or paid to anyone connected with this sale.

Alun RM Gordon, Utila, Bay Islands, Honduras
Phone: (504) 425 3305  Fax: (504) 425 3193
E-mail: Alun RM Gordon [alun@sunjam.com] 
Hotel:          http://www.mango-inn.com
Dive shop:   http://www.utiladivecentre.com
Property:     http://www.bayislandsproperties.com
Parties:       http://www.sunjam.com
Utila Island: http://www.iloveutila.com

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