Caribbean MLSReal Estate

668 Acres of Pristine Land for Sale, Montserrat

Available on request

The brief

The reason to consider it.

A rare opportunity to purchase 668 acres of pristine land for sale in Montserrat offering diverse development potential.

This parcel of land for sale in Montserrat offers commercial real estate investors a very rare opportunity to acquire a substantial estate on the island’s coast, with varied options for potential development. This estate can be purchased as one single parcel (668 acres) or could be subdivided.

With plans for the development of a new port in the north of Montserrat and a Government very receptive and welcoming to foreign investors to help stimulate economic growth, this represents a very rare opportunity to invest in Montserrat ahead of the curve. As a British overseas territory, Montserrat benefits from the support of the UK and the EU and a stable and secure climate for investors.

Last confirmed

Type
Land
Land
29,098,079 ft²
Zoning
residential
Topography
waterfront
Permitted uses
Commercial, Tourism

What people say about Montserrat

Montserrat's rules for foreign buyers are described as open but licensed.

  • Mixed Foreigners may buy but need a landholding licence; fee quoted as US$2,500 or 5% of price, whichever is greater
  • Mixed Licence approval time: four to eight weeks (magazine) versus one to two weeks at Cabinet stage (government guide)
  • Positive Transfer fee and stamp tax about 2.75%, attorney fees about 2%, low annual land and building tax
  • Mixed Volcano: no major activity since 2010, only Zone V restricted, unrest still ongoing, extrusion could resume

Read what people say, based on 13 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