1.7 Acre 27 Apartment Development Opportunity, Prospect, St James, Barbados

Opportunity to acquire 1.7 acres of land for sale in Barbados located in Prospect, St James with planning consent for 27 apartments.

Prospect, St James, Barbados – Apartment Development Opportunity

Situated on an elevated hill-side approximately 400 yards from the coast, this parcel of land for sale in Barbados comprises 6 lots which have been combined into one with a total area of 74,081 sq ft.

Phase 1

Planning consent has been provided for phase 1: a complex of 27 apartments over 8 floors with swimming pool, fitness room, storage and office space on 39,781 sq ft (3,636 sq metres).

Phase 2

Phase 2 is zoned residential l. Planning consent has not yet been sought.

Combined or Separate Offers

The seller would consider offers for phases 1 and 2 together or separately.

• Phase 1: 39,781 sq ft (3,636 sq metres) – $2,995,000 USD
• Phase 2: 34,306 sq ft (3,187sq metres) – $2,500,000 USD

Prospect – West Coast of Barbados

Located just off Prospect Road, the apartment development would be situated close to many of the most prestigious luxury homes, hotels, beaches, restaurants and shops of the West Coast of Barbados.