This property forms part of the attractive residential / tourist accommodation area of Belmont, Bequia and is also one of the popular holiday rental income properties in that area. It is situated on the sea side of the road and enjoys a wide-angle view of Port Elizabeth harbor and anchorage. It is centrally located being in close proximity to three popular beaches, the waterfront walkway and the town of Port Elizabeth being 10-19 minutes’ walk to any. Generally, the property is in good maintenance condition and well landscaped. 

Income Potential

The Property can attract an income potential of
USD $99,000 gross/annum at current rates, with occupancies of 85% in the winter and 30% in the summer. Income should improve with more aggressive online advertising, as at present Sea Shells does not have a high online presence. Present rates can be found on our rates page

Details:

Address of Property:   Belmont Road, Belmont, Bequia, SVG.

Present Use:   Self-catering Holiday Apartments / Owners residence.

Tenure:   Freehold Ownership.  Building constructed: 2004

Site Description:   Land Area – 7,988 S.F. / 1: 3.5 slope / good bearing soil/ partly terraced / good drainage / several trees on property / off-street parking for 3 cars.

Building Area:   Gross Floor Area (enclosed rooms and balconies) – 3,640 S.F. comprising 3 floors + an Attic + External Store Rooms under driveways.

Accommodation:  

Level 1:  Owners 2-bedroom, 2 Bath Apartment with 400 S.F Living/ Dining/ Kitchen space; a roof deck & attic. Both bedrooms AC. Total area – 1100 S.F.

Level 2: .Two- 1 bedroom apartments, each with Bath/Dressing Rm., kitchen & balcony. (one Apt. AC)

Two-bedroom / two Bath apartment with Kitchen & large balcony (one bedroom AC)

 Level 3: .One 1 bedroom apartment with en-suite Bath, Kitchen/Sitting area, large bay windows.   

Laundry / drying deck & undercroft utility space.

Two external store rooms under driveways

Swimming pool -3800 galls and 300 S.F. pool deck on the lowest level.

Water Cistern – 23,000 US gallons + 1,800 gal. rubber tank storage.

                                           

Michael Connell          Tel: +1-784-493-7444 or +1-784-493-7333 
Email: connellmic@gmail.com