Company's major asset is 11.5+ acres(4.66+ hectares) of building land with wonderful sea and island views plus spectacular Grenadines vista. Further land could be added, including an adjacent plot with a villa currently under construction.
Land leads to secluded beaches and is less than 10 minutes from the main town. Original plan was to divide land into large plots for villas, but possibility exists for a more flexible development of (say) boutique hotel (complete with very special infinity edge beach pool), restaurant,and smaller villas.
Current owners wish to retire so this is a significant opportunity for capital gain by purchase of entire land bank at much reduced US$/per square foot compared to individual plots.
Island is also under developed from a tourist point of view, so future gains also exist from that plus the new international airport on St Vincent is due to open in 2016 which will significantly improve accessibility to the Grenadine islands.

Posted Dec 2, 2015

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