MLS-32456
Under Offer
Hotel
Westmoreland, Negril

USD $1,700,000

JMD $230,469,000 CAD $2,281,871 £1,341,106 €1,523,963

A Hotelier or Investor's dream come true! Don't miss out on this once in a lifetime opportunity to own prime beachfront hotel property in the exclusive tourist mecca of Negril! With great structural integrity already in place, a rarity to find in seaside property, there isn't much left to be done to turn this already established 20 room boutique hotel into a 5-star rated resort. Sitting on a 1/2 acre lot directly on Negril's 7 Mile Beach with close proximity to Negril's nightlife this property is the epitome of location location location! Being an established hotel of over 20 years, it boast wonderful mature trees and foliage all throughout, garnering a truly tropical aesthetic, exactly what the average tourist hopes to find. In addition to the 20 suites which each come complete with a/c's & kitchenettes with an option for cabin accommodations, the property comes inclusive of a 40 seat restaurant, 2 bedroom owner's apartment, laundry facilities, offices, maintenance area, etc.

Site Influences

  • - Level
  • - Public Trans. Nearby
  • - Shopping Nearby
  • - Views
  • - Visual exposure
  • - Waterfront Property

Other

  • - Air Conditioning Fully
  • - Balconies
  • - Security
  • - Signs Allowed

Price Comparison

Average Property Price in this Area
  • USD $1,700,000 [ 1 ]
  • USD $1,450,000 [ 0 ]
  • USD $1,200,000 [ 1 ]
Listing courtesy of: RE/MAX Elite

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