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1 Bedroom Condo Hotel Rooms for Sale, Kingston 10, Jamaica

Kingston, Jamaica

Property ID: 34838

1 bedroom condo hotel rooms for sale in Jamaica within a contemporary extended stay business hotel in Kingston.

Kingston, Jamaica – Condo Hotel Rooms for Sale

These condo hotel rooms are located within first corporate extended stay hotel in New Kingston, Jamaica.

This residential boutique hotel will be the first of its kind on the Caribbean island and will feature 48 guest rooms.

Buyers can choose from a selection of 4 room types, including 1 bedroom hotel rooms, deluxe rooms, penthouse rooms and duplex penthouse rooms.

1 bedroom hotel rooms start at US $135,000 and 2 bedroom duplex penthouse hotel rooms offered at US $346,000.

Newly built, the rooms will be finished to a high standard with features such as Kohler bathroom fixtures.

Amenities & Services

Hotel guests will enjoy use of various amenities at the hotel including rooftop lap pool, restaurant and bar, fully-equipped gym, meeting room and underground parking.

Guests will also benefit from 24 hour security and video surveillance coverage, state-of-the-art high-speed internet, voice, video and teleconferencing services, an integrated messaging system, WiFi access, and telephones with VoIP capabilities.

Rental Pool

Owners enjoy use of their unit for an allotted period of time each year.

For the remainder of the year, the unit will be placed into a professionally managed rental pool and serve as hotel accommodation.

An investment in these hotel rooms therefore offers the opportunity to generate a significant Return on Investment which has been estimated at up to 7% to 7.54% per annum (based on projected levels of occupancy).

Early investors may also benefit from no maintenance fees for 5 years and no furnishing costs.

A Snapshot of Jamaica

  • Average asking price $1,548,173
  • % + or - average property price -45%
  • Property price range $106,475 - $10,000,000

Top 3 Reasons to Invest in Jamaica

  • Well-established real estate market offering high quality second homes popular with North American and European investors.
  • High rental income generating potential as one of the Caribbean's most popular tourism destinations which attracted a record 2.35 million tourists last year.
  • 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.