St. Lucia: Popular Resort For Sale

Located in Soufriere, Saint Lucia, the Green Fig Resort stands out as a favorable opportunity in the Caribbean hospitality sector.

• This property consists of 4 acres of land and the Resort is built on 2 acres of it, and thus offers room for expansion.
• This Resort is for  sale debt free.
• This property  has been recently renovated with room upgrades, and  features 29 rooms, a restaurant, spa, pools, and tour services, with an average daily rate (ADR) of $285 and occupancy rates consistently surpassing 72%.
• The property offers a prime location and the prestigious 2023 TripAdvisor Travelers’ Choice Award. As well as High Reviews on Trip Advisor, Bookings.com  and Expedia.
• Conveniently situated just a 5-minute walk from Soufriere town and the beach, it provides guests with easy access to urban amenities and natural attractions.
• Duty Free concessions are in place.
• Tourism Act Incentives
• 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 2025.
100% 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.

SALE PRICE US$11.495  MILLION