Caribbean MLSReal Estate

4 Unit Apartment Building for Sale, Picard, Portsmouth, Saint John, Dominica

Available on request

The brief

The reason to consider it.

This well-maintained four-unit apartment building is situated just minutes from the island’s longest beach, offering an exceptional investment opportunity in a thriving neighborhood.

Steps from the Beach and Amenities
The property enjoys a convenient location within walking distance of restaurants, local eateries, and mini-marts, while being just a five-minute drive from Portsmouth, Dominica’s second-largest town, where you’ll find a variety of amenities and services.

Thoughtfully Designed Modern Living Spaces
Built in 2007, this 7,500-square-foot building sits on a generous 12,000-square-foot lot. Each unit features modern amenities including air conditioning, recessed lighting, handcrafted wooden cabinets, and built-in closets. The open floor plans maximize living space, while every bedroom benefits from an ensuite bathroom.

Versatile Multi-Unit Configuration
The top floor features a premium 3-bedroom, 3.5-bathroom unit, complete with a breakfast nook, walk-in pantry, laundry room, and a spacious study with its own washroom. The second floor comprises two identical 2-bedroom, 2-bathroom units, each with dedicated laundry areas. The ground floor unit, fully wheelchair accessible, offers 2 bedrooms, 2 bathrooms, a laundry area, and a flexible study space that could easily serve as a third bedroom.

Self-Sufficient Infrastructure
The building is equipped with comprehensive backup systems, including a 45 KW generator with automatic changeover switch housed in a dedicated basement room. Two large water tanks (450 and 400 gallons) with an automatic filtration system ensure consistent water supply. Security features include solar lighting and a modern security system.

Last confirmed

Year built
2007
Type
Apartment
Land
12,002 ft²
Use
Mixed use
Lettable area
7,492 ft²
Tenants
4

What this listing includes

  • Air conditioning
  • Kitchen
  • Laundry
  • On-site security
  • Solar power
  • Backup generator
  • Water storage
  • Step-free access

What people say about Dominica

Most of what is written about Dominica for foreign buyers comes from agencies and expat guides, with few first-hand posts, so treat the picture as indicative.

  • Mixed Foreign buyers pay an extra 10% alien landholding fee, plus ~6.95% stamp/judicial/assurance/legal costs; a licence is only needed above 1 acre residential / 3 acres business
  • Mixed Hurricane exposure after Maria: rebuilt housing to stricter codes, but some residents still not rebuilt; insurance advised
  • Concern Infrastructure: rural internet and road quality uneven
  • Concern Healthcare is basic locally; specialist care limited, international insurance with evacuation advised

Read what people say, based on 12 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