Fully Operational 19 Room Boutique Hotel, Palm Garden, Barbados, Caribbean. Exclusive*

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Fully Operational 19 Room Boutique Hotel, Palm Garden, Barbados, Caribbean. Exclusive*

Investment Opportunity: Palm Garden Hotel, BarbadosLocated in a prime hospitality hub in Christ Church, Barbados, Palm Garden Hotel offers a valuable investment opportunity for hoteliers and investors looking to capitalize on the island’s booming tourism industry. Below is an overview of why this property could be the next lucrative addition to your portfolio:Key Investment Highlights:* Prime Location:* Situated on Worthing Main Road, minutes from the nightlife hotspot of St. Lawrence Gap and the serene Worthing Beach.* Close proximity (15 minutes) to Grantley Adams International Airport, Barbados’ main gateway for tourists, ensuring consistent guest flow.* Direct access to essential services and entertainment—restaurants, supermarkets, and medical facilities—making it attractive to both leisure and business travelers.* Guest-Ready Amenities:* 19 spacious units featuring refurbished kitchenettes and bathrooms, catering to both short- and long-term stays.* On-site restaurant and bar offering Caribbean cuisine, providing an additional revenue stream and enhancing guest experience.* Tropical landscaped gardens and a pool create a relaxed, resort-like atmosphere for guests.* Cost-Effective Operations:* Efficient to manage with low overhead costs, yet consistently delivers high guest satisfaction.* Flexible room options (studios and one-bedroom suites) ensure broad market appeal.Expansion Potential:* Development Opportunities:* Ample space for further development, such as adding event spaces, wellness facilities, or expanding guest rooms.* The building can accommodate another floor of approximately 10 more rooms.* Revenue Diversification:* The hotel is well-positioned to cater to a variety of guest types: seasonal tourists, long-term stays, and business travelers, ensuring year-round occupancy.Positive Guest Feedback:The hotel has consistently received strong reviews across major travel platforms:* 'A cozy, quiet gem, perfect for a relaxing holiday.'* 'Walking distance from the beach, friendly staff, and clean rooms. We’ll be back!'* 'Affordable, yet everything we needed was provided—excellent value for money!'* 'The kitchenette was so handy for longer stays. The location was ideal, with a supermarket nearby.'Why Invest:* Barbados’ tourism industry continues to see growth with consistent visitor arrivals, especially in the post-pandemic travel rebound.* The property offers a turnkey solution where the new hotelier can renovate or overhaul as required.* Steady cash flow from established guest loyalty and reputation on booking platforms ensures an immediate return on investment.Contact us today to discuss how Palm Garden Hotel can add value to your real estate or hospitality investment portfolio.NDA and Financials available upon request. Investors are welcome to contact us.This is an *exclusive offer' listed with NVEST Estates.* Property ID: 9527* Price: USD$1,950,000* Property Size: 43560 Sq Ft* Land Area: 1 acre* Bedrooms: 26* Bathrooms: 28* Property Status: FOR SALE, REDUCED* Property ID: 9527* Price: USD$1,950,000* Property Size: 43560 Sq Ft* Land Area: 1 acre* Bedrooms: 26* Bathrooms: 28* Property Status: FOR SALE, REDUCED

More Information

Sale Price: 
$1,950,000 US
$1,950,000 US
External Link: 
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Further Information

Property Type: 
Commercial
Bedrooms: 
26
Bathrooms: 
28
Listed: 
7 Nov 2024
BEAVA Approved
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