Featured For Sale New Listing

Resort For Sale In the Caribbean

Palmiste, Soufriere, Saint Lucia
  • USD$9,500,000.00

St Lucia Real Estate

One of a kind 25-room resort for sale in the Caribbean, Soufriere St Lucia.  This 25 room resort and spa has un-obstructed views of Soufriere, the famous Pitons, and the Caribbean Sea and is only 3 minutes drive to humming bird beach.

Resort For Sale In the Caribbean – 25 rooms

Here is a fantastic chance to purchase a well regarded resort with a spa that is tucked into a hillside and offers breathtaking views of the Caribbean Sea, the renowned Pitons, and the lively town of Soufriere.

This small (Covid-certified) resort is only a short stroll from the beach and boat docks and is situated on 3.93 acres. It has 25 rooms, multiple pools, a spa, a restaurant, and a bar.

This Soufriere resort has an excellent reputation and is presently regarded as the top hotel out of 13 hotels in Soufriere and the second-best value hotel out of 288 hotels in St. Lucia on Trip Advisor.

  • 4 acres premium Piton, Caribbean Sea and Town view
  • Restaurant – 20 tables
  • Spa
  • Tours and transportation
  • Boutique Shop
  • Projected 2022 – Occupancy 72.5%• 25 regular employees, low labor rates
  • Boutique Shop
  • 3 community pools, 4 private splash pools
  • Walkable to Soufriere town and beach
  • Tourism Act Incentives
  • Re-opened in Feb 2021 after renovations of property closed in 2012 rates
  • Strong Reviews (9/18/22 – Tripadvisor/St Lucia)– #8 of 67 traveler ranked hotels in St. Lucia – #4 Best Value of 294 places to stay
    in St. Lucia

Tourism Act Incentives You can benefit

  • 100% Waiver of Corporation Tax for a period of five
  • years, ending Jan 30th 2025
  • 100% exemption from Property Tax for 5 years ending Jan 30th 2025100% exemption from Alien Landholding License fees for approved development
  • 100% Waiver of Stamp Duty and Vendor Tax on conveyance or transfer on sale of any immovable property.
  • Import Duty and VAT Tax waiver may be applied for on future development for furniture and fixture, automotive imports

FREQUENTLY ASKED QUESTIONS

Strengths

  • Premium property location
  • Strong financial results
  • Talented Management, Ownership and Staff
  • Recently renovated •High Reviews on TripAdvisor, Expedia,
    Bookings.com

Challenges

  • Noise – plan to enclose and soundproof rooms
  • Property Stairs – golf cart shuttle planned
  • Restaurant execution – expand kitchen,

Opportunities

  • Revenue Growth
  • Room upgrades – furniture, windows, Air Conditioning
  • Construction of 4 new premium rooms started in Sept 2022
  • New development nearby can increase restaurant, Day Pass business
  • Acreage for expanded room capacity
  • Restaurant execution – expand kitchen, consultant help, improved tools and appliances

 

  • Address Palmiste, Soufriere
  • City Soufrière

Details

Updated on January 6, 2023 at 1:37 pm
  • Price: USD$9,500,000.00
  • Land Area: 4 Acres
  • Bedrooms: 25
  • Property Type: Hotels & Guest Houses
  • Property Status: For Sale, New Listing

Overview

  • Hotels & Guest Houses
  • Property Type
  • 25
  • Bedrooms

Contact Information

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