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#Business ID: 17554

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Cottage style residences and solid investment in land, a variety of development options in the Caribbean

Business Location: Barbados

Asking Price: BUSINESS SOLD Revenue: not applicable Cash Flow: not applicable

Business Summary

A unique blend of comfort, luxury and countryside charm, nature retreat cradled in unspoiled hills with magnificent views.

We offer 7 private two-bedroom cottage style residences and 18 lots size from ¾ to 1 acre, nestled on 22 acres in the scenic hills of St. Joseph.

From investing in a two-bedroom cottage with a daily rental income of 350 USD, to developing a new property, the investment opportunities are versatile. The Tourism and Development Act provides even bigger incentives for investment in the tourism and hospitality sector in Barbados.

“Incentives are offered in the new Act to restaurants, recreational facilities and services, development of attractions which emphasize the island’s natural, historic and cultural heritage and for the construction of properties in non-coastal areas. Provision is made in the Act for investors in tourism projects to benefit from write off of capital expenditure and 150% of interest; there is also exemption from import duty, value added tax and environmental levy in respect of furniture, fixtures and equipment as well as building materials, supplies and equity financing.”
For more information, please check online.

This secluded eco escape is a twenty-five-minute drive from all major points on the island, including the airport and Bridgetown. The idyllic getaway offers a new dimension in quality lifestyle. This tropical paradise enjoys all key elements reminiscent of our more scenic Caribbean neighbors resulting in a truly Caribbean Dream location with a panoramic view of the Atlantic ocean, rolling country hills, cool temperatures and tranquil surroundings featuring the island's largest stand of cabbage palms, anthurium flower farm, rainforest type flora and fauna and golden moonlight nights.

The luxuriously appointed cottages are architecturally designed to maximize the best views and the cool breezes. Made of courbaril hardwood and adorned with Caribbean artwork and furnishings, the design and décor of each cottage enhances the beauty of the natural surroundings.

Each two-bedroom unit is 1,000 sq ft and comfortably accommodates four persons, featuring:
- Private patio with majestic views of the Atlantic Ocean
- Hot tub to enjoy outside relaxation time

- Fully appointed Italian kitchen
- Unique works of art (original pieces) by Caribbean artists

- En-suite bathroom

- Ceiling fans

This discreet elegant country living is complimented by:

- Full service restaurant and bar open daily. Healthfully prepared Caribbean cuisine, serving delicious, authentic cuisine from Barbados and our neighboring islands, providing a truly Caribbean experience.

- 22-foot free form pool with deck and sun chairs.

We are in process of developing the whole village, which will include a spa center and an on-site property management and security.

At elevations of over 4,000 feet and views that stretch to 50 miles, prospective buyers may choose to live in a wide array of residences from those that create a village lifestyle to larger estate lots. There are also versatile business opportunities, from a holiday rental to a complete wellness center for the bigger investors.

7 Two bedroom Cottage Style Wooden Residences (approximately 1000 sq ft)
Cottages prices at US$195,000

18 approx ¾ acre lots with commanding views
Lots prices at US$5.00 per sq ft

Barbados combines a colourful culture, beautiful habitat and diverse attractions with good infrastructure, strong commerce and international flair. For investors, Barbados enjoys relaxed purchasing legislation, for example there is NO Capital Gains Tax and NO Inheritance Tax. Barbados is also a very secure destination, another important aspect for buyers.

Property Details

Property Type:

Real

For Business Investors

Business Type:

Establishe Business

Other Business Details

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