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10 bedroom Villa / Hotel at Cap Estate St Lucia

USD$1,400,000.00
  • Description
  • Address
  • Details
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Description

The business and property at hand are located on the island of Saint Lucia, renowned as one of the most beautiful of the Caribbean Islands and therefore known as “The Helen of the West Indies”.

This resort is a 10 bedroom villa / hotel at Cap Estate St Lucia. The property is situated on 32 600 square feet of land overlooking the Caribbean Sea to the north of the island.

It is one of only four resorts in the villa development of Cap Estate and only 1 minute from the islands only 18 holes Sandals championship golf course.

The Business Opportunity

The business is in very good standing and fully operational. All 10 bedrooms with en-suite bathrooms, restaurant, kitchen, massage pyramid, pool, lounge and bar are in good condition. It is presently operated as a villa/hotel with the option to book the entire resort for:

  • wedding parties
  • family reunions
  • special interest groups etc at a flat fee.

This has proven to be very successful and will continue with a number of future reservations already on the books.

It has benefited through steadily growing revenue from especially destination wedding groups that enjoy the idea of having their own private villa with all the services of a resort. It is not uncommon to have large wedding gatherings of up to 40 and 50 guests with guests staying in additional villas nearby.

Guests have the option of using the facilities of the Oasis at Le Sport Hotel as well as Cariblue Beach 200 meters and Smugglers Cove Beach app. 500
meters from Villa Capri.

Value analysis

A survey in May 2006 values the land and building at EC$ 3,538,400.00 or US$ 1,320,298.50 without consideration for earnings or goodwill.

Company structure

The Villa is a locally registered company that is in turn owned by an IBC. This will in case of a sale allow for easy and swift share transfers.

The Villa is currently owner operated with 1 part-time and 4 full-time employees when fully occupied.

Sale price

The business is currently offered at US$ 1,400,000.00 “lock, stock and barrel” including existing forward bookings and websites.
It further presents an opportunity for expansion by 16 additional rooms to a luxury boutique resort or possibly 4-8 luxury apartments for rent or sale.

The owners would consider also selling all or part of the villa management company Discover Villas of Saint Lucia. Either way the essential requirement is app 60% of the purchase price in cash to
secure a local home mortgage in St. Lucia

Address

  • Address: Cap Estate, Saint Lucia
  • City: Gros Islet
  • Neighborhood: Cap Estate
  • Country: Saint Lucia

Detail

Updated on October 19, 2019 at 7:27 pm

  • Property ID: SLUMLS#-24400
  • Price: USD$1,400,000.00
  • Land Area: 32600 sqft
  • Bedrooms: 10
  • Property Type: Apartments, Commercial, Hotel, Houses, Villas
  • Property Status: For Sale

Contact info

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