Investment Never Looked Better

 


Investment Cost: US$ 3 million
Address: Marigot Bay
District: Castries
Sector: Real Estate

The 1.1. acre south-facing waterfront property occupies the only significant break in the protected mangrove fringe to the north side of Marigot Bay. It holds the strategic key to the development of over 30 acres of buildable land surrounding the property.

Marigot Bay has developed into a high-end yachting and tourism destination through the five-star Capella Resort and Superyacht Marina, as well as a number of luxury villas. All the necessary supporting services, amenities and infrastructure are available. The water-depth onto the docks is over 12 feet, capable of berthing a 150 ft. Superyacht or multiple smaller yachts. The property contains a stone-built 6,000 sq.ft. “plantation-style” house with five en-suite bedrooms and is connected to the La Bas beach by a short boardwalk.

The Development Control Authority has granted approval in principle for the construction of 12 large, luxury 2-bed apartments (or hotel units). Potential investors may pursue project approval under the Citizenship by Investment Programme.

Further Information is available from the seller upon request.

 

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