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0.16 Acres Beachfront Development Opportunity for Sale, Prospect, St James, Barbados

0.16 Acres Beachfront Development Opportunity for Sale, Prospect, St James, Barbados

  • $2,100,000
Property ID: 118332

0.16 acre beachfront development opportunity for sale in Barbados located in Prospect, St James – planning permission in place.

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0.16 acre beachfront development opportunity for sale in Barbados located in Prospect, St James – planning permission in place.

Beachfront Land for Sale in Barbados

Searching for beachfront land for sale in Barbados ideal for development?

This property represents a fantastic development opportunity in Prospect, St James on the sought after West Coast of Barbados.

The property currently features a derelict building boasting fantastic sea views and direct access to the beach.

Planning Permission in Place for Luxury Condos or a Beachfront Home

There is planning permission in place for a new development of luxury condominiums with parking and swimming pool or a beachfront home which can include the expansion or contraction of the capacity of the building in accordance with the owner’s requirements.

Essentially, the approved building plans can be modified so to create between 3 and 6 apartments, each connected by an elevator and staircase when all the family is in residence.

When they are not in use they can be separated and rented out as individual apartments.

The internal configuration of each level can be modified to the buyer’s specific requirements with a simple amendment to the building permit.

Then there is an option to also sell the individual apartments when the owner’s family no longer needs to use the apartment.

This is a great investment opportunity.

Bottom Bay Beach, Barbados

Buying Property in Barbados

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