With currently 34 rooms, This is one of the best investment options which has come onto the market recently. Presently a small hotel and restaurant with a great deal of potential to tap into a quality sector of the tourism market. The location alone makes this property an excellent investment option.
The over three acres include beachfront queen’s chain and access to the excellent mooring for yachts. Set into a hillside, the present 34 cottage-style rooms can be increased by another 12 which has already been approved by the DCA and is currently under construction.
This will then leave an excellent area of the hillside for a private villa development, to sell and then use as part of the hotel pool. Rarely does a development of this quality and location become available. There is unlimited potential for an entrepreneur with the vision to see how well this location can be developed. For more information and to view, proof of funding to be able to purchase will be required.
Features and Details
- Property ID: MRG001C
- Region - Country: Caribbean
- Island: St Lucia
- Community: MARIGOT BAY
- City/Town: MARIGOT BAY
- Listing: For Sale
- Property: Commercial
- Price: 8,000,000
- Currency: USD
- Location: Beachfront, Beach Nearby, Beach view, Oceanfront, Ocean view, Overland view, Water Access, Waterfront, Water view
