Great Beachfront Development opportunity available on the tropical island of Mayreau Island, The Grenadines. The properties consist of three individual plots of land with development potential for multiple Villa construction on.
Lot 1: Flowing from Station hill to the pristine beaches of Lady Rock this parcel of land totals 2.684 acres (or 116,930 s.f.). It also boasts 170 feet of beautiful beachfront. The lot is mostly rectangular in shape and is approximately 600 feet by 170 feet within the rectangular section.
Pricing: Asking price $1,500,000 U.S. which equates $558,900 U.S. per acre or only $12.80 U.S. per square foot.
Lot 2: Located adjacent to the Saline Bay the property features over 2,000 feet of beautiful beachfront. Plans have already been prepared to build 9 Luxury Villas, 13 cottages, 1 clubhouse, an employee house and a tennis court. The entire lot is 11 Acres, and the structure of 1 Villa, with landscaping has already been prepared.
The Villa structure consists of a living area of 1434 square feet of indoor living area and 214 feet of unique outdoor living area gives a total of 1648 square feet of living area. In addition there are two terraces, one off the Master Bedroom of 225 square feet and one off the main living area of 344 Square feet giving a total of 569 square feet of Terrace. For someone that would like to have the villa finished and ready to occupy we can offer this for $2,375,000 U.S.
Pricing: For a developer that would purchase the entire parcel, with the existing villa the sales is price $5,200,000 U.S.
For an individual that would like to purchase an acre of land to build their own premises we can offer a discounted price of $700,000 U.S. per acre of land as is.
Lot 3: Stretching from 10 Shilling Hill down to the beachfront this lovely parcel of land offers great views from the top most location and 800 feet of prime beachfront at the foot. The entire lot consists of 20.2143 acres of land. A development plan was prepared for the construction of 17 Villas, 9 cottages, a clubhouse and an employee house, with a road from the top to the bottom. The lot is rectangular in shape with approximate dimensions of 800 x 1100, with the hillside section being irregular in shape.
Pricing: Offered at $2,925,000 U.S. which equates to $145,000 U.S. per acre.
Mayreau is the smallest (1 ½ square miles) of the inhabited Grenadine Islands. The beaches in Mayreau were voted among the Top Ten Beaches in the Caribbean. The island has superb views out over the Tobago Cays and on a clear day right on down to Grenada. Mayreau is a tiny inhabited island with no airstrip so it is a special treat to stay or visit here. Mayreau has just over 250 residents!
With no airstrip Mayreau is only accessible by boat. However Union Island airport is only a few miles away. Picture-postcard beaches and bays, a friendly village with a quaint old church and divine beaches
Mayreau is the highlight for yachts sailing the Grenadines. The Salt Whistle Bay on Mayreau is established as the anchorage of choice in the region for yachts from around the world and is a must on any yacht charter cruise in the Grenadines. The village that is home to the island’s population – mostly fishermen – sits atop a hill in the southwest. It has a few restaurants to explore, local bars of considerable charm and a small and wonderful stone church, a place of peace and miraculous views.
** FULL PROSPECTUS AVAILABLE ON REQUEST **