MARIGOT BAY WATERFRONT COTTAGES – MRG048

US$590,000

Description

Discover a unique waterfront investment opportunity in the sought after Marigot Bay area, featuring two cottages situated on one parcel of land measuring approximately 20,523 sq. ft. The property enjoys direct waterfront access and features the Kings Chain, offering stunning views across the beautiful blue waters and the surrounding bay.

The smaller cottage comprises one bedroom and one bathroom, with an open concept living area and kitchenette. Two balconies overlook the water, creating an ideal setting for enjoying the tropical surroundings. The cottage is in fairly good condition and is essentially turnkey, making it well suited for a buyer looking to immediately enter the vacation rental market.

The larger cottage offers three bedrooms and two bathrooms, along with a spacious open plan living area. While the property is currently in need of renovation, it presents an excellent opportunity for a buyer to add value and create a second income generating vacation rental. With thoughtful upgrades and modernization, both cottages could provide an attractive combination of rental income and long term investment potential.

The cottages are located across the water and are accessible by ferry, adding to the unique island experience and privacy of the property. The area has established itself as a popular tourist destination with a strong track record for vacation rentals, with several neighboring villas already operating successfully as Airbnb and short term rental properties.

The property is also conveniently located near two of Marigot Bay’s well known resorts, Marigot Bay Beach Club, home to the renowned Doolittle’s restaurant, and Zoëtry Marigot Bay Saint Lucia. The nearby beach is just a short walk away, with access to water sports, dining, boating and other recreational activities.

With its waterfront setting, established tourism market, two existing cottages and significant potential to enhance the larger residence, this property offers an exciting opportunity for investors looking to establish or expand a vacation rental portfolio in one of Saint Lucia’s most desirable tourism destinations.

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