Caribbean MLSReal Estate

0.87 Acre Beachfront Re-Development Opportunity, Brighton Beach, St Michael, Barbados

Available on request

Type
Land
Land
37,900 ft²

What this listing includes

  • Beachfront
  • Parking
  • On-site security
  • Gated community
The brief

The reason to consider it.

This parcel represents a fantastic beachfront re-development opportunity. The property spans 0.87 acres (38,000 square feet) with excellent beach frontage.

The property currently features 3 buildings comprising of a total of 10 bedrooms and 7 bathrooms. The first building comprises two x 1 bedroom apartments and one x 2 bedroom apartment. The second building consists of two x 2 bedroom apartments. The third building offers two x 1 bedroom apartments. There is also a fourth building which has become derelict but could be restored.

The property has a gated entrance to the beach and is completely enclosed with a gated and paved parking. The property would be an ideal for re-development into 2 luxury villas with modern amenities such as rooftop decks, infinity pools and a modern open plan design. With the right design, sub-dividing into 2 lots with a shared entrance, presents a significant value add.

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