WATERFRONT LAND PARCEL ON HARBOUR ISLAND FOR SALE
A true "One-Off" development opportunity! An absolutely unique chance to purchase a substantial piece of prime waterfront development land within the Jolly Harbour Estate in Antigua.
Included with this parcel of land is an existing end of terrace Jolly Harbour villa/townhouse, plus 5 attached villa and a communal pool. Planning approval has been granted. There are 2 finger docks already constructed in the private harbour area, and each villa will benefit from the ability to moor a boat of up to 40ft approx.
The area where the land is located is fenced and flat. Piling will be required. Services (which include water, electric and sewerage) are at the border of the property.
The total area for which planning has been approved is approximately 4800 sq. ft., plus the communal pool. The design, style, colour, and materials can be finalised to the purchasers' individual requirements.
Location: the land is situated on the North Finger of Jolly Harbour, just past the entrance to Harbour Island, where construction has just started on the first of the private villas (which will have prices starting at around US$1,000,000).
Once developed, sales of the properties on the land should produce a total income in the region of between US$2.25m and US$2.5m. The development is included in the Citizenship By Investment (CIP) programme due to its location and the fact that it is new build property.
Price: - US$675,000. With the current strength of the Pound against the US Dollar, this opportunity will be particularly attractive to buyers from the UK!