This centrally located property is just under 100 meters from the sparkling waters of the Caribbean Sea. This location overlooks the Little Bay Beach. The property is ideal for a bread and breakfast, small hotel, small conference center or an assisted living facility. The building is complete with a bar and restaurant on the ground floor accompanied by two small conference rooms. The ten bedrooms all with their own bathrooms are located on the second floor with most having a view of the sea. The spacious enclosed parking area complements the building.
Let me know if you think this is a good price for a 10 bedroom small hotel??
GREAT POND, OCHO RIOS
These 1/2acre lots are the most affordable lots in the Ocho Rios vicinity at just over US$30,000. The lots have a very wide frontage and have great potential. All lots have a sea view.
I must share this with my fellow realtors. Start targeting Canadians, Chinese and Europeans when marketing your real estate. The strength of their dollar makes properties seem cheaper than they really are. Also, the value of properties in these market continue to hold firm or rise unlike in the United States.
Take my advice.
Real Estate in Jamaica and the world
I would like to point out that there is a real estate boom in Jamaica for 2 to 3 bedroom houses priced at between US$90,000 to US$120,000
Developers should realize that these are the types of homes that people outside of the capital city want. Especially on the North Coast!!
Potential purchasers that want homes priced between US$500,000 and US$2,000,000 on the North Coast with a beach realize that these are almost non-existent. As a result the demand remains strong for the few that are on the market, and vendors can hold prices until the offer of their choice is realized.
Jamaica is poised for development.
real estate in Jamaica
Meldam Realtors in Jamaica is happy that Canadians continue to invest in Jamaican real estate.