{"id":11849,"date":"2019-02-18T21:09:31","date_gmt":"2019-02-18T21:09:31","guid":{"rendered":"https:\/\/stlucia-homes.com\/?post_type=property&p=11849"},"modified":"2023-04-28T14:07:28","modified_gmt":"2023-04-28T14:07:28","slug":"cap-118-belle-vue-development-gated-community","status":"publish","type":"property","link":"https:\/\/stlucia-homes.com\/property\/cap-118-belle-vue-development-gated-community\/","title":{"rendered":"Belle Vue Development – Gated Community – CAP118"},"content":{"rendered":"

DEVELOPMENT POTENTIAL. DO YOU HAVE THE VISION?<\/span><\/span><\/strong><\/p>\n

Excellent Tourist based development set into the hillside overlooking Pigeon Island and the Caribbean Sea. Peaceful location but only a short, easy drive to all Restaurants, Beaches and Nightlife.\u00a0<\/span><\/span>This development is only partly constructed but has full DCA approval to complete the project.\u00a0<\/span><\/span>Total land area is 4.08 acres (i.e. 212,000 square feet) of land (normal price of residential land in this location is $10 usd a square foot).<\/span><\/span><\/p>\n

Fully constructed seven unit block, comprised of two X one bedroom and two X two bedroom condos and 3 X\u00a0two bedroom townhouses with plunge pools\u00a0<\/span><\/span>There is development control approval for two additional seven unit blocks with a communal pool. <\/span><\/span><\/p>\n

These are not yet constructed but will make use of the 2.5 acres not yet developed.\u00a0<\/span><\/span>In addition there are 2 X Three bedroom Villas to be completed.\u00a0<\/span><\/span>One Villa is\u00a0approximately 75% complete and one is 40% completed. Both need kitchen and bathroom fittings installing.<\/span><\/span><\/p>\n

Rental\u00a0on a nightly basis as tourism vacation rental.<\/span><\/span><\/p>\n

One bedroom condo $100usd to $195 usd a night\u00a0<\/span><\/span><\/p>\n

Two bedroom condo\u00a0$150 usd to $250 usd per night\u00a0<\/span><\/span><\/p>\n

Three bedroom condo $195 to $295 usd per night\u00a0<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Villa rentals $295 to $395 usd per night<\/span><\/span><\/p>\n

\u00a0<\/span><\/span><\/p>\n

Projected annual income when the full development is completed, based on 60% occupancy $1,750,000usd.<\/span><\/span><\/p>\n

Asking price $6,500,000 usd\u00a0<\/span><\/span><\/p>\n

Estimations from local builders can be obtained for completion of the full project.\u00a0<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

DEVELOPMENT POTENTIAL. DO YOU HAVE THE VISION? Excellent Tourist based development set into the hillside overlooking Pigeon Island and the Caribbean Sea. Peaceful location but only a short, easy drive to all Restaurants, Beaches and Nightlife.\u00a0This development is only partly constructed but has full DCA approval to complete the project.\u00a0Total land area is 4.08 acres […]<\/p>\n","protected":false},"author":10,"featured_media":15603,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_links_to":"","_links_to_target":""},"property-types":[48,145,62,61,264],"property-statuses":[25],"property-cities":[55],"property-features":[178,94,82,157,165,74,131,93,76,65,67,66,68,95,56],"_links":{"self":[{"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/properties\/11849"}],"collection":[{"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/properties"}],"about":[{"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/types\/property"}],"author":[{"embeddable":true,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/comments?post=11849"}],"version-history":[{"count":13,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/properties\/11849\/revisions"}],"predecessor-version":[{"id":24613,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/properties\/11849\/revisions\/24613"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/media\/15603"}],"wp:attachment":[{"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/media?parent=11849"}],"wp:term":[{"taxonomy":"property-type","embeddable":true,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/property-types?post=11849"},{"taxonomy":"property-status","embeddable":true,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/property-statuses?post=11849"},{"taxonomy":"property-city","embeddable":true,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/property-cities?post=11849"},{"taxonomy":"property-feature","embeddable":true,"href":"https:\/\/stlucia-homes.com\/wp-json\/wp\/v2\/property-features?post=11849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}