Commercial Building For Sale
$4,250,000
Bridgetown
Bridgetown, Saint Michael, Barbados
6,976 sqft
Year Built: 0
Listed By: Nvest Estates
Listed On: 10/26/2023
Listing ID: GL10875631 View More Details
Description
Siesta' is an exceptional property, nestled in the prestigious Prospect area of St. James, Barbados, offering a unique investment opportunity for investors and developers.The lot is situated on an expansive double lot spanning over 15,000 square feet of pristine beachfront land, this property boasts an unparalleled location that combines natural beauty with investment potential. With its direct access to the azure waters of the Caribbean Sea and uninterrupted views of the coastline, this beachfront gem is a testament to luxury living in one of Barbados' most sough after coast.
For astute investors and developers, 'Siesta' presents a canvas of endless possibilities. The expansive land area offers the flexibility to create two distinct, opulent villas, each with its own unique charm and style. Alternatively, a developer can capitalize on the increasing demand for premium coastal living by transforming this canvas into a multi-unit condominium complex, catering to those seeking an exclusive slice of Barbados' paradise.
The Prospect neighbourhood is renowned for its upscale ambiance, serene atmosphere, and proximity to the island's finest amenities. From world-class dining establishments and vibrant nightlife to high-end shopping and championship golf courses, everything that defines the Barbadian experience is within easy reach.
Barbados' thriving tourism industry and stable economy make it a prime destination for property investment. Beachfront properties remain highly sought after by discerning investors looking for both immediate returns and long-term appreciation. With the option to develop two villas or a multi-unit condominium, this property allows for diverse revenue streams, whether through vacation rentals or resale.
RNVL
For viewings, more information or to secure this property, please contact us:
Property ID: 51320
Price: USD$4,250,000
Property Size: 6976 Sq Ft
Land Area: 15454 Sq Ft
Property Status: FOR SALE
* City Bridgetown, Barbados
* State/county St.James, Barbados
* Country Barbados
