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Commercial for sale

Non-Such Bay, Antigua And Barbuda

£11,199,881 *  [$15,000,000]

Commercial for sale

Non-Such Bay, Antigua And Barbuda

£11,199,881 *  [$15,000,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 215000 m2

Features


  • Unfinished 53 acre beach resort
  • Firesale
  • Two white sandy beaches
  • Beach club
  • Utilities and services installed.
  • Some villas already occupied by UHNW residents
  • 400 waterfront acres available
  • Dockage
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Full Description


A ONCE IN A LIFETIME OPPORTUNITY. The Emerald Cove Resort. 53 acres of partially developed waterfront land with two white sandy beaches and a beach club. The opportunity to acquire more land to develop a 400 acre resort.

Pursuant to an Order for Sale from the High Court of Antigua and Barbuda we are offering to sell by Private Treaty 53 acres of partially developed beachfront land with infrastructure, roads and services already installed. USD 120 million was reportedly invested but the resort was never completed and now requires renovation.

These 53 acres are the key to unlocking a resort with potential to extend to more than 400 acres of waterfront land withing the sheltered waters of NonSuch Bay.

Offers invited around USD 15 million for the unencumbered Freehold interest.

Please contact Richard for more details.
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Map may not show exact location

This property listing (ref: Emerald Cove) is an advertisement supplied by Richard Watson & Co and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.