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7 Bedroom Waterfront Property for Sale, Boscobel, St Mary, Jamaca

Oracabessa & St Mary, Jamaica

Property ID: 67313

7 bedroom waterfront property for sale in Jamaica perched on a cliff in Boscobel, St Mary – ideal investment for the rental market.

Villa for Sale in Boscobel, St Mary

Perched on a cliff in Boscobel, St Mary, this highly rated waterfront property would make a fantastic investment for rentals for all kinds of vacations, events and retreats.

The property comprises 3 buildings, an expansive pool deck and approved plans for 23 additional bedrooms.

The location offers stunning views of the sea and easy access to the water below via a few steps, making it ideal for swimming, kayaking or simply relaxing on the beach.

Accommodation is spread over the 3 buildings offering a total of 7 bedrooms, 8 bathrooms, 2 kitchens and 2 common areas/living rooms.

The Spa

A stand alone spa could easily be converted into an additional bedroom with its own bathroom if desired.

Track Record

The property, which is currently actively generating income, comes with a track record demonstrated by numerous 5 star reviews.

Room for Expansion

There is plenty of scope for expansion.

There are approved building plans in place for 23 additional bedrooms, bathrooms, restaurant, staff accommodation, pool, dining and office.

Construction has started on this phase and is at the superstructure stage.

A guide to Jamaica

  • Average asking price $1,351,217
  • % + or - average property price -69%
  • Property price range $120,486 - $10,000,000

Reasons to invest in Jamaica

  • Well-established and vibrant real estate market with a wide range of offerings from new construction affordable condos to elegant luxury villas.
  • High rental income generating potential as one of the Caribbean's most popular tourism destinations which attracted a record 4.3 million tourists in 2019.
  • One of the most accessible destinations in the Caribbean with direct international flights to Jamaica from Europe, the USA and Canada to international airports in Kingston, Montego Bay and Ocho Rios.