Prime Beachfront Caribbean plot, perfect for holiday home/resort development
Located on Barú Island off the coast of Cartagena, Colombia.
On the market for quick sale.
Lot: 10,000m² (50m x 200m)
50m of private, white-sanded beach.
200m back into the island. Covered by coconut palms. The lot can be reached by speedboat and already has a small jetty.
Perfect for hotel/resort development or private holiday home for personal use or to rent out to tourists.
The price is a heart-stopping £23.00/m².
Current market price per square metre on Barú: £237 - £316
Total price for lot of 10,000m²: £227,000
Foreign investors in Colombia benefit from the same legal protection as the citizens of the country which is great news for external investors.
One final point that is worth taking note of: a main road is planned to be built over the next few years that will take tourists directly to Barú. As a result, a rapid return on investment is expected.
Interested? Contact me to arrange to visit the lot.
* Price: 227,000 GBP (~ $ 346,522 USD) (Land / Lot area: 22.7 GBP / m2)
Keywords: Caribbean, Lot, Island, Colombia, land, South America
Date & Time Listed: 2008-11-16 15:35:11 GMT
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