• 1,115,242.00USD
Choiseul, St Lucia

Development Opportunity:- Approved 9.2-Acre Subdivision

COMMERCIAL REAL ESTATE, LAND - COMMERCIAL, LAND - RESIDENTIAL

Property Information

Development Opportunity In Choiseul For Sale:- Approved 9.2-Acre Subdivision This offering presents a high-yield investment opportunity in the heart of Saint Lucia's growth corridor. Located on a scenic 9.2-acre parcel, this development-approved property has been subdivided into 42 residential lots. Infrastructure work has commenced, with roads cut and drainage partially installed. Investment Highlights:
  • Land Size: 9.2 acres (fully subdivided into 42 lots)
  • Infrastructure: Roads cut, drains partially completed
  • Approvals: Full DCA & WASCO approvals obtained
  • Escrow Agreement: Approved with DCA – allows lot sales before full development
  • Cost to Complete Development: Estimated at $1M XCD
  • Minimum Lot Sales Revenue: $6,011,280 (at $15 XCD/sqft)
  • Asking Price: $3,000,000 XCD
  • Projected Profit: $2,011,280+ XCD (conservative estimate)
Premium Upside: Several lots offer ocean and Piton mountain views, which can command significantly higher pricing than the base rate of $15/sqft. These premium lots provide substantial margin upside. Strategic Advantage: The escrow arrangement with DCA eliminates the need for upfront capital for infrastructure. Investors may start selling lots immediately, with proceeds directed toward completing the development. This de-risks the investment and accelerates cash flow. Location Advantage: Situated near Saint Lucia's southern investment zone, including the Hewanorra International Airport, St. Jude Hospital, and tourism growth hubs, this development is well-placed to benefit from ongoing infrastructure improvements and increased buyer demand. Please refer to the link for detailed information on all    St. Lucia Real Estate Laws . Follow Us On    Caribbean Property Forum

Property Details

Status:For Sale
Type:COMMERCIAL REAL ESTATE, LAND - COMMERCIAL, LAND - RESIDENTIAL
Lot 9.2

Property Location

Choiseul, St Lucia

Features

Micha Landers
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Floor Plans

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