Searching for Tourism Businesses for Sale in Jamaica with Tremendous Potential?
Are you looking for businesses for sale in Jamaica offering the potential for growth? As one of the Caribbean’s leading vacation destinations, buying property in Jamaica offers tremendous potential for investors focused on the tourism and hospitality sector. In 2018 the island of ‘One Love’ welcomed 2.4 million stayover visitors from overseas, which represents a 5% increase on the previous year (2017). This tremendous success follows successive years of growth over the last decade and beyond which has delivered consistent growth in tourism earnings. Last year, for example, tourism earnings rose by 8.6% to reach US $3.3 billion. So for investors thinking of acquiring a guest house, small hotel or even a large resort in one of the Caribbean’s top tourism destinations here’s our pick of some of the best hotels for sale in Jamaica that are on the market right now.
Boutique Hotel in Port Antonio, Portland – US $2,500,000
This boutique hotel is located in Port Antonio in the Parish of Portland on the northern coast of Jamaica. One of the most tranquil destinations in Jamaica, Port Antonio has long been a popular place to visit, ever since the arrival of movie star Errol Flynn in 1946 placed it well and truly on the tourism map. Quiet and serene, Port Antonio is ideal for relaxing vacations, weddings and honeymoons. This hotel is nestled on 7.5 acres of beautiful grounds just minutes from world-renowned Frenchman’s Cove. The setting offers breathtaking views of the lush Blue Mountains and the Caribbean Sea in the distance. The hotel currently features 11 guest rooms, a restaurant, bar and a swimming pool. Best of all, with plenty of undeveloped land, there is room to significantly expand and develop the business if desired.
Read more: Boutique hotel for sale in Portland, Jamaica
Beachfront Hotel in Hanover – US $8,500,000
This hotel in the Parish of Hanover on the northwestern coast of the island represents an opportunity to acquire a beachfront hotel in one of the most beautiful parts of Jamaica. The hotel is set along a one-mile stretch of private beach just 5 miles east of Negril and 45 minutes west of Montego Bay. Set in magnificent natural surroundings with a private working plantation which grows all kinds of tropical fruit and vegetables, this hotel is a nature lover’s dream. The setting is ideal for trekking, horseback riding, bird watching or snorkeling on the 5-mile Samuel’s Bay reef which lies just off the coast. Hundreds of acres of additional land are also available to purchase separately so if you are looking for businesses for sale in Jamaica with huge growth potential, this property could be perfect.
Beach Resort in Ocho Rios – US $11,750,000
The town of Ocho Rios in the Parish of St Ann is best known for its star attraction – the 600-foot tall Dunn’s River Falls. The famous terraced waterfall that flows into the Caribbean Sea at the end of a white sand beach attracts thousands of visitors from around the world each year. However, Ocho Rios offers plenty of other attractions too, including a great food scene, buzzy nightlife and a wide range of tourist activities from scuba diving to zip-lining. The area is, therefore, a great place for investors looking for businesses to buy in Jamaica and this hotel is in a league of its own. The resort is set on 10.5 acres of grounds boasting a prime beachfront location. With its cascading swimming pools, piers and thatch-roofed gazebos, this is the very definition of Caribbean barefoot luxury. The hotel also comes with an established track record and a glowing reputation with online travel portals and review sites such as TripAdvisor which awarded it a Certificate of Excellence.
Read more: Beach resort for sale in Ocho Rios, Jamaica
Finding the Perfect Business for Sale in Jamaica
So, whether you’re looking for a small hotel by the beach to add value to or a more substantial resort with room for growth, there are plenty of commercial property investment opportunities to consider from across Jamaica.
For details on all these businesses plus many others, contact 7th Heaven Properties, the Luxury Caribbean Property Specialist.
To discover more, explore businesses for sale in the Caribbean on our website and find the perfect commercial real estate investment opportunity for you with 7th Heaven Properties.