Dominica (pronounced Dom-in-ee-ka) is a unique eastern Caribbean island nation which gained its independence from the UK in 1978. Located between Martinique and Guadalupe, Dominica is commonly confused with the Spanish speaking Dominican Republic. Here the native language is English, but a French patois (French Creole) is also spoken.
This lush tropical paradise is only 29 miles long by 16 miles wide (and 4,747 feet high) and is home to approximately 70,000 permanent residents. Its capital, Roseau is located on the southwestern shore and to the north is Portsmouth where the Picard Marine Resort is situated.
This is a planned resort and has not been built yet; the opportunity for the right developer with the right vision is simply put…an outstanding opportunity. Dominica, it has been reported, is in a position to dominate the regions eco-tourism industry. Known as “The Nature Island” the opportunity to construct a truly exquisite boutique resort, complete with the islands first and only marina, is an opportunity which will be truly exciting to be part of.
Marina/resort Investment
Opportunity In Dominica
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Asking Price: $2,600,000 USD (Financing Available) Unique opportunity to acquire
an investment ready residential tourism/marina project in Portsmouth,
Dominica. Nestled in the beautiful lagoon with over 600 ft of the beachfront,
bounded by the river, this property is unique not only to the Caribbean, but
in Dominica as well. Natural sulfur spring which is located on the property
allows for the high class natural SPA establishment. Located just 30 minutes
from Melville Hall international airport and 45 minutes from Roseau and
Canfield private aircraft airport, property is conveniently located close to
major medical school and is covered by lush of tropical trees and plants.
This project is ready for investment as it took nearly 1.5 years to develop
it to the stage at which it is now. Major characteristics of the project: 1. Clear titled land
comprising 5.4 acres. 2. Ability to acquire additional 3.3 acres
nearby. 3. Paved access road reaches
the property. 4. Public utilities (water,
electricity, telephone) available next to the site. 5. Full business plan with
financial model developed. 6. Local corporation, which
owns the land, established and audited. 7. Project is approved by the
government and received tax incentives program. 8. Overall project design is
developed. 9. Outline planning
application is approved. 10. Detail design of the
marina building is done. 11. Hydrographic and
bathymetric surveys are accomplished. 12. Wave and marina studies
undertaken by region leading Canadian firm. 13. Marine preliminary design
study is accomplished. 14. 5 two bedroom villas, 6
three bedroom villas and 45 apartments ranging from studio to penthouse are
planned. 15. 40 + slips marina is planned. 16. Logo is created and Style
Guide is prepared. 17. Web page domain is
acquired. This is a complete package, ready for the serious investor
to undertake it in the current form or adjust it to his needs. Acquisition of
the project does not require any licenses or permissions as well as none of
the taxes related to the real estate acquisition have to be paid, as property
is owned by the company. Full set of documentation, drawings, titles, audits,
valuation, etc is available upon request. Property recently valued at $3.5
mil USD by qualified surveyor. You have a great opportunity to acquire not
just land, but the entire project for just $2.6 mil USD. |
Call us at (603) 791-4519 for more information. Or request more information by clicking here.
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