All Discussions Tagged 'Caribbean' - Real Estate Finance2024-03-28T08:36:32Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=Caribbean&feed=yes&xn_auth=noCaribbean Luxury Resort $170Mtag:realestatefinance.ning.com,2015-11-01:6517464:Topic:2482592015-11-01T18:09:35.216ZOtis Murrayhttps://realestatefinance.ning.com/profile/OtisMurray487
<p align="center" style="text-align: left;"><b>Optimum Investment Solutions Limited is inviting persons/organizations that are interested in purchasing a partially completed high-end luxury real estate development project in a beautiful and picturesque Caribbean Island.</b></p>
<p style="text-align: left;">This Caribbean island is characterized as a high-end, luxury, boutique destination for tourists. It is a leading tourism destination and decorated recipient of international awards and…</p>
<p align="center" style="text-align: left;"><b>Optimum Investment Solutions Limited is inviting persons/organizations that are interested in purchasing a partially completed high-end luxury real estate development project in a beautiful and picturesque Caribbean Island.</b></p>
<p style="text-align: left;">This Caribbean island is characterized as a high-end, luxury, boutique destination for tourists. It is a leading tourism destination and decorated recipient of international awards and accolades for its natural beauty, luxury and romance.</p>
<p style="text-align: left;">In 2014, stay over visitors increased by 6.1% to 338,158 and cruise visitors increasing by 8% to 641,452. There was also an increase in yachting visitors from 2013 to 2014, accounting for a 19% increase to 47,196, the highest since 2012. This segment has grown over the last seven (7) years by 110.5% from a low of 22,422 arrivals in 2008. This Caribbean island enjoys direct connectivity to most major gateways on the US east coast and the United Kingdom. This island also has two (2) airports with most visitors flying into the International Airport plus a number of berthing and docking facilities for large yachts.</p>
<p>Originally, this real estate development project was envisaged to be developed in four phases to include design and construction of an exclusive resort and spa, a championship golf course, a marina village, a 42 ship marina, 200 luxury residential villas, 648 condominium units, nature trails, eco-tourism activities on the property and surrounding areas.</p>
<p>The site on which the development is situated is zoned for both residential and commercial purposes. It is located on the east or Atlantic coast of said Caribbean island, about 20 minutes away from its International Airport. It comprises 597.3 acres of freehold and leasehold land, part of which rises 620 feet above sea level and provides spectacular coastal views of a nearby bay and the Atlantic Ocean. This property also contains a formally classified nature reserve.</p>
<p>Work on said property stalled in 2009 with several buildings in various stages of completion on the site. At that time, construction of the branded hotel was deemed to be approximately 65% complete. The development of the 18 holes designed championship golf course was also halted. The relevant Caribbean government has granted significant tax concessions for this project which remain in force. The property is considered a flagship development for the tourism industry of the Caribbean island and is viewed as an important catalyst for economic development for the surrounding communities.</p>
<p><b>The key objectives of the liquidator of this project is to recover the debt outstanding of approximately $170M in the shortest possible time to pay creditors of the former financial group.</b></p>
<p><b>We look forward to your Expression of Interest in this and/or any other similar projects in the Caribbean that we have available for sale.</b></p>
<p> </p> itag:realestatefinance.ning.com,2013-12-19:6517464:Topic:1408192013-12-19T17:50:19.405ZPlano Capital Grouphttps://realestatefinance.ning.com/profile/planocg
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