Turnkey 7 Unit Multifamily Apartment Block, 17 Bed/8 Bath, Oistins Barbados. Exclusive*
USD$850,000 | Furnished | 8.7% CAP
Arrange a Viewing today!
7 Apartment Residential Building located in tourist area, close to many beaches & Attractions
NOW OPEN TO OFFERS! *Exclusive Listing with NVEST Estates.
CONTACT US ABOUT THIS OPPORTUNITY – $USD OFFERS ONLY
- Total Annual Income: USD$89,400
- Total Annual Expenses: USD$15,125
- Net Operating Income: USD$74,275/CAP: 8.7%
The apartments can be rented long term or on Airbnb for higher income, if new buyer prefers.
Contact NVEST Estates today to learn more and arrange a viewing.
Key Highlights
- Prime location: Situated close to beautiful beaches, within the vibrant tourism belt.
- Versatile Accommodation: 7 self-contained apartments and one cottage
- Proximity to Amenities: Conveniently located on the bus route, near banks, supermarkets, duty-free shopping, and a variety of dining and nightlife options.
These apartments are ideally located on Maxwell Hill Road, on a ridge, overlooking beautiful white sand beaches and within close proximity to the famous Oistins Fish Fry and Miami Beach.
Location Pin & More Information available upon Request
Why Invest in Barbados?
Barbados is renowned as a trusted international business hub that drives global growth and profitability. The country provides a well-regulated, transparent, and supportive environment for investment.
With no restrictions on foreign ownership of businesses or real estate, and a government dedicated to facilitating easy investment and business operations, Barbados stands out as the ideal destination for your business ventures.
1. Barbados Lifestyle
Life in Barbados is always vibrant. The warm climate and stunning natural scenery foster a healthy outdoor lifestyle, perfect for cricket, golf, yachting, hiking, surfing, and more. Our events calendar is packed with cultural festivities and international sporting events. Entertainment options abound with endless dining choices, a lively nightlife, and more.
2. High Quality of Life
Barbados offers everything needed for a fulfilling life. Accommodation ranges from luxury beachfront villas and cozy family homes to sleek modern apartments. Our healthcare system is among the best in the region, complemented by top-quality schools and universities. Barbados is a safe place to live and work, ensuring your happiness here.
3. Political and Economic Stability
Invest with confidence in Barbados, one of the Caribbean’s most stable nations. As a parliamentary republic with a long-standing history of political stability and a mature legal system, Barbados has been a favored destination for global business since the mid-1960s.
4. Well-Regulated Jurisdiction
Barbados boasts a robust regulatory framework for business, underpinned by effective legislation based on English common law. This provides strict governance guidelines enforced by sector regulators. Our tradition of transparency and intergovernmental cooperation further enhances our business environment.
5. Expanding Treaty Network
Doing business in Barbados gives you access to an extensive network of international tax and investment treaties, including double taxation agreements (DTAs), bilateral investment treaties (BITs), and tax information exchange agreements (TIEAs), which facilitate and protect cross-border investments.
6. Human Resources & Corporate Services
Barbados offers an educated and talented workforce, ready to join your team, thanks to free tertiary education and a literacy rate of 99.7%. Our business support services are exceptional, with experienced tax advisors, reputable international banks, global accounting firms, lawyers, and management companies all available to support your business establishment and growth.
7. Real Estate & Infrastructure
Barbados provides ample physical space for your business or development with prime commercial land and existing properties for sale. This is supported by excellent infrastructure, utilities, and connectivity, including a modern fibre-optic network and high-speed 4G LTE data services. Our commitment to sustainability is reflected in our historical adoption of solar water heating and our national goal for 2030.
Legislation has also made provision for investors in tourism projects to benefit from:
- Tax & financial benefits in relation to capital expenditure & interest expense
- Exemption from import duty, value-added tax and environmental levy in respect of:
- Furniture, Fixtures and equipment, Building materials, Supplies & Equity financing
- Investment Legislation
- Tourism Development Act
- Special Development Areas Act
Location of Apartments
St Lawrence Gap – 10 Minute Drive
Restaurants – 5 Minute Walk
Grantley Adams International Airport – 15 Minute Drive
Golf – 10 Minute Drive
Major Supermarket – 5 Minute Walk
Oistins – 5 Minute Walk
Surfing – 5 Minute Drive
All Commercial Sales
Featured Homes For Sale
Alora Barbados
Boutique Luxury Residences
Whether you’re in search of a full-time residence, a vacation home, or an investment opportunity with income potential, Alora effortlessly ticks all the boxes..
- Luxury residences steps away from Thunder Bay on the iconic West Coast
- Two-bedroom floor plans ranging from 1145 to 1396 sq ft
- Lush tropical gardens surround the complex to provide complete serenity
- Short distance to Holetown and Speightstown Amenities
- High potential for generating rental income
Rooftop Amenities: Ultimate outdoor living with roof deck, lounge area, bar, barbecue station and sky pool with sea views
Contact our team for more information about Alora Barbados
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| For More Information about this Listing or any of our Properties please call: +1 246 289 3078 |
