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Villa Sagittarius,St.James, Barbados, Suite 7 Holetown ( St. James, BB - BB0000) Built

$750,000 USD

Sandcastle

Sandcastle Barbados Real Estate 12462662323 (Cell) Request More Info

  • Type: Residential
  • Style: 3 Story
  • Development Level: Built
  • Lot Type: Rectangular

Description

Villa Sagittarius is a potentially stunning home sitting on three levels with great sea views located one minute above Holetown.
Only twenty five minutes from Grantley Adams International Airport and overlooking the beaches of Colony Club, Coral Reef and Discovery Bay.

Only a five minute walk or a thirty second drive into Holetown where one can find all manner of restaurants from Thai bistros such as Lemongrass, greek fayre at Opa, high end contemporary cuisine located on the waterfront at Tides, The world famous Cliff and the new Cliff beachclub as well as restaurants for lower budgets such as Zaccios on the beach.

There are of course numerous hotels a mile away or less where one can enjoy a sundowner, lunch or a superb meal at places such as Sandy Lane, Coral Reef Club and Settlers Beach.

The house itself is unfinished and it will take the majority of a million USD to improve to a standard that is deserving of such a large, good property sitting on a double lot totaling 1 acre.

Spread over three floors with bedrooms a plenty, 8 in all in the current configuration and the house could be split into three interconnecting apartments allowing for living and rental flexibility offering an investment opportunity as well as a lifestyle choice.

I would suggest if acquired for 2 million usd, improved to the value of 700,000usd the property would have a real value of close to 4 million usd as the plot is large, has great sea views, is in a highly desirable location and can enjoy rental flexibility.

Attachments

P2#207053265
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Information is deemed to be correct but not guaranteed.