For Sale
$24,000,000

0 00San Diego, CA BB17101

Luxury beachfront hotel, 50 rooms, turnkey operation.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional opportunity presents a fully operational, 4-star beachfront boutique hotel ideally situated on the South Coast of Barbados, within walking distance of Oistins. Boasting approximately 50 rooms, this turnkey property offers stunning ocean views from its modern accommodations. Built in 2018, the hotel is in excellent condition and benefits from a prime location in the island's thriving tourism belt, less than a 20-minute drive from Grantley Adams International Airport. The surrounding area features popular beaches, surfing opportunities, diverse restaurants, shopping, banking facilities, and other amenities. Barbados offers a stable political and economic environment, ranked highly for its governance and low corruption. The island's robust tourism sector is supported by significant government incentives, including tax holidays of up to 25 years, followed by a 50% reduction in applicable rates and taxes for a further 15 years. These incentives extend to capital expenditure, interest expense, import duties, value-added tax, and environmental levies on furniture, fixtures, equipment, building materials, and supplies. The hotel's location provides excellent access to international air travel, with connections to major cities in the USA, Canada, the UK, Germany, Brazil, and Colombia. This is a rare opportunity for investors seeking a high-return asset in a stable and attractive Caribbean destination. Serious inquiries only; proof of funds is required. Financial details are available upon request.

Highlights

  • $24,000,000 asking price for a beachfront boutique hotel in Barbados.
  • 50-room, 4-star hotel, built in 2018, currently operating.
  • Located on a popular beach in Christ Church, Barbados, within a 20-minute drive of the Grantley Adams International Airport.
  • Financials available upon request with a signed Non-Disclosure Agreement (NDA).

Property Details for 0 00

Property type
Hospitality properties, Hotels
Year Built
2018

Location Insight

City
San Diego
County
Barbados
State
California

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