Development Land (Residential) for Sale Portland, St. Margaret's Bay

USD $ 15,000,000

     JMD $2,366,550,000  |    CAD $21,471,149  |    £11,658,456  |    €13,778,237  |  
  • Property ID MLS-87948
  • Property Type Sale
A.S. JAMES & ASSOCIATES LTD.
info@asjamesrealtors.com
(876) 754-0043-4

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Property Details

This 285 acres is Located in the quaint, lush parish of Portland on the northeastern coast of the tourism powerhouse of Jamaica, this parcel of land is ideal for the development of a beachfront hotel and luxury residences. The parcel is covered by lush greenery and includes a 600-meter strip of secluded beachfront as well as a small stream that runs at the width of the property. The parcel encircles the Ken Jones Aerodrome, offering an investor the potential to develop the Caribbean's first resort with access to a private airstrip—a truly unique development opportunity; the airstrip can be an additional investment.

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MORTGAGE CALCULATOR

    • Monthly Payment: JMD$145,00
    • Interest Rate: 8.99%
    • Term (yrs.): 35 Years

  • C&WJ Cooperative Credit Union Limited

    • Monthly Payment: JMD$145,00
    • Interest Rate: 8.49%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 7%
    • Term (yrs.): 35 Years

  • City of Kingston Cooperative Credit Union

    • Monthly Payment: JMD$145,00
    • Interest Rate: 8.95%
    • Term (yrs.): 35 Years

  • First Regional Co-Operative Credit Union Limited

    • Monthly Payment: JMD$145,00
    • Interest Rate: 9.99%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 9.85%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 10.25%
    • Term (yrs.): 35 Years

  • NHT

    • Monthly Payment: JMD$145,00
    • Interest Rate: 5%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 9%
    • Term (yrs.): 35 Years
    • Monthly Payment: JMD$145,00
    • Interest Rate: 10.75%
    • Term (yrs.): 35 Years
Disclaimer:

Please note that whilst A.S. JAMES & ASSOCIATES LTD.. endeavour to provide accurate information in respect to the mortgage calculator, the use of the same is at your own discretion and risk and A.S. JAMES & ASSOCIATES LTD.. does not accept responsibility for any consequences that may arise from your reliance on the respective institutional interest rates and the calculations provided therein. Further, the mortgage calculator is intended for guidance only and you are advised to seek professional specialist advice from your financial or mortgage institution.

Amenities

Exterior

  • Lot Size (Sq. Ft.): 12,371,040

Listing courtesy of: Coldwell Banker Jamaica Realty