1.7 Acre 27 Apartment Development Opportunity, Prospect, St James, Barbados

Price

$5,495,000

ID: 08d6ec
Listed: 04 Sep 2023

Common area

74,081 sqft

Invest in the Ultimate Apartment Development Opportunity in Prospect, St James, Barbados

Prime Location for Luxury Living

Here's your chance to acquire 1.7 acres of prime land in the sought-after Prospect area of St James, Barbados. With planning consent for 27 apartments, this development opportunity is a lucrative investment in the heart of the West Coast. Situated just 400 yards from the coast, this elevated hill-side location offers stunning views and easy access to the most prestigious luxury homes, hotels, beaches, restaurants, and shops.

Phase 1: Luxury Living at Its Finest

Phase 1 of this development project has already been approved and offers an exquisite complex of 27 apartments spread over 8 floors. Enjoy the best of Caribbean living with amenities such as a swimming pool, fitness room, storage space, and office facilities. The spacious apartments will be situated on a generous 39,781 sq ft (3,636 sq meters) of land, providing ample space for comfortable and luxurious living.

Phase 2: Unlimited Potential

Phase 2 of this development opportunity is zoned residential l, offering endless possibilities for expansion and customization. Whether you choose to create additional apartments, townhouses, or villas, the choice is yours. With planning consent yet to be sought, you have the freedom to design and develop according to your vision and market demand.

Combined or Separate Offers

The seller is open to considering offers for both phase 1 and phase 2 together or separately. This flexibility allows you to tailor your investment to suit your preferences and budget. Whether you're looking to start with phase 1 and expand later or want to dive into a complete development project, this opportunity caters to your needs.

Make Your Mark on the West Coast of Barbados

Prospect, St James is the epitome of luxury living on the West Coast of Barbados. With its proximity to the coast and the finest amenities the island has to offer, this development opportunity is a gateway to a life of sophistication and exclusivity. Don't miss out on the chance to create a legacy in this prestigious location.

Contact us today to seize this exceptional investment opportunity in Prospect, St James, Barbados!

Speak with an Expert

Feel like exploring the Dominican? Start the day with a hike on one of Playa Moron’s many trails. Weave your way around the gated community to find secluded sandy coves for swimming and paddleboarding.

Price

$5,495,000

ID: 08d6ec
Listed: 04 Sep 2023

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