Caribbean MLSReal Estate

Albion Development Land

Not published

The brief

The reason to consider it.

Prime 30-acre development land located in the desirable Albion area, Saint Thomas, Jamaica. This property offers convenient access, approximately 20 minutes from Harbor View via the newly constructed Southern Coastal Highway. Ideal for developers and investors looking to undertake a significant project.

Last confirmed

Type
Land
Land
1,306,803 ft²
Zoning
residential
Permitted uses
Single family, Duplex, 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