Commercial Building For Sale
$1,850,000
Prospect
Bridgetown, Saint Michael, Barbados
3,000 sqft
Year Built: 0
Listed By: Nvest Estates
Listed On: 10/26/2023
Listing ID: GL11109541 View More Details
Description
We have an amazing beachfront development opportunity on prime land on the platinum west coast of Barbados.This elevated 7,028 sq.ft. beachfront site is situated in Prospect, St. James. Luxury living with spectacular views and amazing sunsets, overlooking the cool calm Caribbean waters.
There is approved planning permission in place to build 6 luxury condos (four 2-bed units and two 1 bed units, on 6 stories). These plans can be shared upon request.
The CGI Photo Renders show a different option of build with first 3 storeys within the same footprint of the approved plans incase the buyer is looking at more of a family home.
At present, there is a derelict two storey home on the lot.
About the area
A hidden gem, Prospect beach is tucked away in a small cove between Batts Rock beach to the south and Fitts Village to the north. The calm waters off Prospect beach are perfect for paddle boarding, kayaking or just taking a cooling dip.
Holetown with its many amenities and five star restaurants is minutes away. A short drive will lead you to historic Speightstown with more beautiful beaches and sights to see!
Why Invest in Barbados
Barbados enjoys a positive image in the marketplace as a reputable International Business Centre of choice and has been successfully attracting Foreign Direct Investment for decades, particularly from Canada and the USA. Barbados is the 5th largest destination for Canadian direct investment abroad, garnering Cdn $49.8 billion at the end of 2019. (Stats here)
Professor Walid Hejazi has indicated that ':the OECD is satisfied that Canadian direct investment abroad that goes to or through Barbados:complies with OECD standards for transparency and exchange of information - standards which Barbados expects of all corporations active in its jurisdiction. Countries like Barbados allow Canadian firms in those industries which drive the global economy to maintain their competitiveness.' (Hejazi, W. 2007)
Companies looking to thrive in a highly competitive global marketplace invest in Barbados, to capitalize on the business-friendly environment, strong human capital, high-quality infrastructure, investment protection, and good quality of life.
DTO
For viewings, more information or to secure this space, please contact us
Property ID: 36157
Price: USD$1,850,000
Property Size: 3000 Sq Ft
Land Area: 7028 Sq Ft
Property Status: SALE PENDING
* Address Prospect, St James, Barbados
* City Bridgetown, Barbados
* State/county St.James, Barbados
* Country Barbados
