Project Prime beachfront land in St Lucia (for construction)
A unique opportunity to purchase this prime beachfront land in a magnificent location, which is one of the most exclusive spots in the island and just about five miles away of Vigie Intl Airport, close to Castries (St. Lucia Capital). The land is comprised of flat land, hillside and pristine beach summing up a total of 30,7 hectares.
There is a complete project and design approach of the project and a Financial study done by CBRE back in 2008. This is definitely a winning project which was kept on hold by the owners due to worldwide crisis situation 10 years back.
The project has all licenses and permits plus an 20 years exemption of taxes as a benefit from the local government to promote the project. The project can be split to be developed in different phases starting from a single villa.
A business plan & project was made for:
A luxury mixed-used development including the following components:
- 152 Riverside Condominiums
- 288 Cliffside Condominiums
- 10 Marina Village Villas
- 22 Private Villas
- SPa; and,