Private beachfront estate land on 25 acres of sloping forest and 3 acres of beach frontage. The land is offered at $5,000,000 while a full development opportunity can be secured with all planning approvals in place for 39 luxurious villas and 16 spacious apartments. Plans include beachfront restaurant, beach bar, Spa and fitness centre, tennis courts, wide sand beach and more.
Discerning Investors will relish the head start opportunity presented by the acquisition of a fully established corporation, secured alien land holding license, detailed planning and construction permits and government approvals. Confirmed exemptions include capital gains and income tax exemptions and import duties on all materials used on the project’s development. In addition, prospective purchasers will qualify for a special low rate of income tax of approximately 10%.
The total GDV of the current residential development is estimated at $ 78M USD.
A bay on the west coast on mainland St. Vincent. Rapidly developing resort area with one of the best natural anchorages in the Grenadines. Borders on the town of Layou.
3 Acres of Beach Frontage
Private Paved Road
Electricity and Cable
Construction Site Buildings and Work Sheds
Fully Approved Development Plan with Permits
Plot: 25 Acres
Potential for additional purchase of Acres.