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Soufriere Development Land

USD $4,750,000

Description

The Soufriere development land is adjoining the Jalousie Estate and Sugar Beach Resort. The subject property is characterized by undulating lands which extend in total to approximately 10 acres, with varying topography. Mature fruit and various crop and hardwood trees are cultivated throughout the estate. Utility services are in near proximity although they have not been installed through the full extent of the property. Precedents set with existing developments indicate that deployment of such services is quite achievable on this site. Located within the high-income tourist-residential development zone of Soufriere adds value to the property. The Soufriere area is deemed a “World Heritage Site” mainly due to the unique nature of The Pitons; adding to the overall appeal of the location. Any viable tourism project proposed for this area will attract government support and fiscal incentives, in live with the goals for Soufriere.

Location

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