38 Bed Hotel for sale
Marigot Bay, St Lucia
£6,321,612 *
[$8,000,000]
Full Description
Presently a small hotel and restaurant with a great deal of potential to tap into a quality sector of the tourism market. Location alone makes this property an excellent investment option. The seven and half acres includes beach front queens chain and access to excellent mooring for yachts. Set into a hillside, the present 38 cottage style rooms can be increased by another 12 which has already been approved by the DCA, and currently under construction. This will then leave an excellent area of hillside for private villa development , to sell and then use as part of the hotel pool. Rarely does a development of this quality and location become available . There is unlimited potential for an entrepreneur with the vision to see how well this location can be developed. For more information and to view, proof of funding to be able to purchase will be required.
Read more