Million Dollar Listing

Unique opportunity to acquire an investment ready residential tourism/marina project in Portsmouth, Dominica. Nestled in the beautiful lagoon with over 600 ft of the beachfront, bounded by the river, this property is unique not only to the Caribbean, but in Dominica as well. Natural sulfur spring which is located on the property allows for the high class natural SPA establishment.

This project is ready for investment as it took nearly 1.5 years to develop it to the stage at which it is now. Major characteristics of the project:

1. Clear titled land comprising 5.4 acres.

2. Ability to negotiate with land owners for the lots (3.2 and 5.7 acres) that are adjoining the land of the project. 

3. Paved access road reaches the property.

4. Public utilities (water, electricity, telephone) available next to the site.

5. Full business plan with financial model developed.

6. Local corporation, which owns the land, established and audited.

7. Project is approved by the government and received tax incentives program.

8. Overall project design is developed.

9. Outline planning application is approved.

10. Detail design of the marina building is done.

11. Hydrographic and bathymetric surveys are accomplished.

12. Wave and marina studies undertaken by region leading Canadian firm.

13. Marine preliminary design study is accomplished.

16. 5 two bedroom villas, 6 three bedroom villas and 45 apartments ranging from studio to penthouse are planned.

17. 40 + slips marina is planned.

18. Logo is created and Style Guide is prepared.

19. Web page domain (www.picardmarineresort.com) is acquired.

This is a complete package, ready for the serious investor to undertake it in the current form or adjust it to his needs.

More information is available by contacting the project owner (l.gaisrys@picardmarineresort.com, fax +17674406710) and additional material will be presented during the site visit.