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Property for Sale in Soufriere – Site of Mago Estates

Palmiste, St Lucia
USD$1,800,000.00
  • Description
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Description

Property for sale overlooking Soufriere town & Caribbean sea – 11.97 Acres of Land

This is  property measures 11.97 acres and is being sold as “LAND ONLY” . Mago Hotel previous occupied this land and therefore, salvageable buildings can still be found on the property.

The property is located just on the outskirts of the town of Soufriere, and accessible directly off the Soufriere – Canaries Road. The steep sloping and elevated lands provide a view of the town of Soufriere, the Caribbean Sea, the Soufriere volcano, Gros Piton and Petit Piton, among other landscape features. It is strategically located approx. 1.1km from the Soufriere town where several public buildings and services are available within proximity (most under 5 minutes driving distance) of the property.
These include :

  • Soufriere hospital
  • General Post Office
  • Soufriere secondary and primary schools
  • Soufriere mini stadium
  • Shopping centres
  • Humming Bird beach
  • Hotels such as JADE Mountain, Humming Bird beach Resort, Stonefield Resort, Ladera, Boucan Hotel, Sugar Beach resort, Crystals hotel,
  • Restaurants – Orlandos, Dashene
  • Many other privately operated services and amenities.

Land for Sale in Soufriere – 11.97 Acres

The land is steep sloping and irregular in shape. There are two main accesses to the property off the West Coast road either north or south of the property. The West Coast Road runs along the property’s eastern and southern boundaries.

The property was previously know as Mago Estate and use to accommodate a boutique hotel with several villas/buildings as stated below:

Building Orientation Accommodation of Mago Estate

  • A-Western (2) Two bedroom villas
  • B-Western (2) Two bedroom villas
  • C-Northern /North eastern was the hotel reception, administration, villas, restaurant /bar and lounge
  • D-Eastern (2) one bedroom villas
  • E-Eastern (2) one bedroom villas

All villas on the property are salvageable including the pools.

The area of each building/structure is as follows:
Building Area:

  • A – 4,752 sq. ft.
  • B -4,752 sq. ft.
  • C -9,175 sq. ft.
  • D- 9,175 sq. ft.
  • E -842 sq. ft.Total square footage of all buildings 20,225 sq. ft

Features & Facts

  • There are no past available Financials for Mago Estate when it was operating as a hotel.
  • The property is being sold as “LAND ONLY”, therefore anyone wishing to salvage the current buildings would require the services of an engineer.
  • OWNER Financing is not available
  • The hotel have been closed over 6 years now.
  • Electricity and water are easily accessible.
  • Address: Mago Estates
  • City: Soufrière
  • State/county: Saint Lucia
  • Country: Saint Lucia

Detail

Updated on September 15, 2018 at 8:36 pm

  • Property ID: SLUMLS#-21283
  • Price: USD$1,800,000.00
  • Property Type: Commercial, Hotel
  • Property Status: For Sale

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