Mango Beach Inn – 6,000 sq. ft. Waterfront Villa in spectacular Marigot Bay with its own deep-water dock capable of berthing a yacht of up to 150 ft. length – with additional land for a resort development.
The 1.1 acre Mango Beach property controls the future development of the north side of the inner Marigot Bay as the only potential construction access to over 30 acres of contiguous, buildable land in an established high-end destination – an Icon of St Lucia tourism. At present this is reflected by the 5 Star Marigot Bay Resort and Superyacht Marina (formerly Discovery at Marigot Bay) – directly opposite the Mango Beach property on the south side of the Bay – together with a wide range of restaurants, bars, boutiques and other services supporting both land and water-based tourism.
Planning Approval in Principle exists on the sale property for the development of a small Boutique Hotel based on 12, large, 2-bed apartments (or hotel units), the conversion of the Villa into a central facility and the restoration of the famous Rainforest Hideaway Bar and Restaurant on the dock. This could be expanded into either a medium or large resort by the acquisition of additional lands – which are also available for sale. Any development of the property would qualify for the St Lucia CIP programme.
Asking Price: US$3.5 million.