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Resort For Sale In the Caribbean

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