Located on Barú Island off the beautiful city of Cartagena de Indias on the Caribbean Coast of Colombia, this lot is on the market for quick sale.
The lot is 10,000m² (50m x 200m) with 50m of private, fine, white-sanded beach and 200m back into the island, covered by lush coconut palms. The lot can be reached by speedboat and the lot already benefits from a small jetty.
The lot is perfect for hotel or resort development or private holiday home for personal use or to rent out to tourists that are now flocking to Cartagena and the Rosario Islands.
The price is a heart-stopping £23.00/m² . The current market price per square metre on Barú Island is £237 - £316 as the island is being rapidly developed with private luxury holiday homes, hotels and resorts.
The total price for the lot of 10,000m² is: £227,000
A LITTLE MORE ABOUT THE PROPERTY AND THE REGION:
Colombia has developed over the last 7 years to become a stable, safe Latin American nation under the leadership of the country's president Alvaro Uribe. The country now has one of the fastest growing economy in South America and Cartagena de Indias that is the Caribbean coastal city located nearest to Barú Island is at the forefront of the growth.
Cartagena is the most visited place in Colombia by tourists and as a result, the city has grown to include very exclusive districts where apartments overlooking the Caribbean Sea reach into the tens of millions of dollars.
Barú Island itself is actually not an island at all but a peninsula that stretches out from Cartagena into the Carbbean Sea and doubles back so that when reached by boat it appears to be an island. The available lot looks out into the sea and has a privileged location, close to the famous Rosario Island Archipelago that is also a National Park.
Foreign investors in Colombia benefit from the same legal protection as the citizens of the country which is great news for external investors. Cartagena and the Caribbean Coast of Colombia also offers incentives for investors that includes an off-shore zone for tourism-based investment.
One final point that is worth taking note of with this lot is that a main road is planned to be built over the next few years that will be extremely popular and will take tourists directly to Barú Island. This will mean that the value of property, land and hotel stays will increase sharply, immediately increasing the value of investment on this lot.
Should this real estate interest you, please contact me by email and i can discuss your queries over the phone or schedule a meeting in person to go over the lot in more detail.
Once this is done, we can arrange for you to visit the lot and enjoy some Caribbean sun at the same time.
It's important to get in with a bid soon as real estate at this price in Cartagena is very rare and won't stay available for long.