Caribbean MLSReal Estate

0.53 Acres of Development Land for Sale, 7 Waterloo Avenue, Kingston 10, Jamaica

Available on request

The brief

The reason to consider it.

0.53 acres of development land for sale in Jamaica, centrally located on Waterloo Avenue in Kingston 10. This parcel is situated in one of the city’s highest-density areas, offering a great opportunity for any developer looking to build in a prime Kingston location.

Approvals in the area have reached as high as 20 stories, giving developers plenty of scope to maximize the site. Kingston 10 is one of the most sought-after locations in the city, and development land here is in short supply. Opportunities such as this do not come up often.

Last confirmed

Type
Land
Land
23,089 ft²
Zoning
mixed-use residential
Permitted uses
Single family, Tourism, Boutique hotel

What people say about Jamaica

Foreign buyers can own property in Jamaica without a general restriction, according to a law firm guide and an expat portal.

  • Positive Foreign buyers face no general ownership bar; a local attorney is still strongly advised
  • Concern Title risk: unsettled estates, adverse possession, wrong-lot or occupied-lot disputes
  • Mixed Closing is slow and lawyer-led (about 60 days cash, 120+ with a mortgage); restrictive covenants add delay
  • Concern Hurricane Melissa: heavy underinsurance, slow claims, regulator review of the average clause

Read what people say, based on 16 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law