Siesta

St. James
5 bathrooms
Listing Number: 1189

Sale Price

USD $3,650,000

Land Area: 15,454 sq. ft
Floor Area: 6,976 sq. ft

PRICE REDUCTION - US$3,650,000

‘Siesta’ is an exceptional property, nestled in the prestigious Prospect area of St. James, Barbados, offering a unique investment opportunity for investors and developers.  The lot is situated on an expansive double lot spanning over 15,000 square feet of pristine beachfront land.  The property has direct access to the sea and uninterrupted views of the coastline.  This is a  beachfront gem on the most sought after coast of the island.

For astute investors and developers, ‘Siesta’ presents a canvas of endless possibilities.  The expansive land area offers the flexibility to create two distinct, opulent villas, each with its own unique charm and style.  Alternatively, a developer can capitalize on the increasing demand for premium coastal living by transforming this canvas into a multi-unit condominium complex, catering to those seeking an exclusive slice of Barbados' paradise.

The Prospect neighbourhood is renowned for its upscale ambiance, serene atmosphere, and proximity to the island's finest amenities. From world-class dining establishments and vibrant nightlife to high-end shopping and championship golf courses, everything that defines the Barbadian experience is within easy reach.

Barbados' thriving tourism industry and stable economy make it a prime destination for property investment. Beachfront properties remain highly sought after by discerning investors looking for both immediate returns and long-term appreciation. With the option to develop two villas or a multi-unit condominium, this property allows for diverse revenue streams, whether through vacation rentals or resale.

The information provided on this property is deemed reliable, however, not guaranteed.

Amenities & Property Features

5 minutes to Holetown
Bar
Beachfront
Central
Established Neighbourhood
High Ceilings
Kitchen
Ocean View
Outdoor Dining
Patio
Unfurnished
Water Tank
WiFi Internet

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