Investment Opportunity: Resort Apartment/Villa in Rio Nuevo, Jamaica

  • J$ 90,500,000

Overview

Property ID: 60415
  • Resort Apartment/Villa
  • Property Type
  • 13
  • Bedrooms
  • 13
  • Bathrooms
  • 7,471 Sq Ft
  • Area Size
  • 2002
  • Year Built

Description

Exceptional Investment Opportunity in Jamaica

Presenting a remarkable chance for the savvy entrepreneur looking to blend living with earning potential, or to fully utilize this expansive property for short-term rentals. Spanning nearly half an acre, this impressive 20,555 square feet of land features a substantial 7,471 square feet of building space, thoughtfully distributed across three distinct buildings.

This property boasts a total of 13 bedrooms and 13 bathrooms, configured as a mix of 1, 2, and 3-bedroom flats, along with cozy studio apartments. Each unit is designed for comfort and convenience, making it an ideal choice for guests seeking a memorable stay. The property also includes essential amenities such as dedicated laundry and utility areas, a rooftop entertainment space, a charming gazebo, a refreshing pool, a well-equipped bar, and a barbecue area, all surrounded by lush fruit trees that enhance the tropical ambiance.

Known for its popularity, this property is typically fully booked with short-term guests eager to experience the authentic Jamaican holiday vibe. It is energy-efficient, featuring solar power operations, water tank facilities, and a reliable pump system. Most areas are equipped with air conditioning and ceiling fans, ensuring a comfortable environment year-round, complemented by a water heater for added convenience.

Located in the serene Rio Nuevo area, a low-density resort destination nestled between the stunning Caribbean Sea and the newly established coastal highway, this property offers breathtaking views from its balconies. The picturesque scenery includes the sparkling waters of the Caribbean and the tranquil surroundings of nearby residential areas. Just a short 12-minute drive from the vibrant town of Ocho Rios, this property is perfectly positioned for both relaxation and adventure.

Situated at Rio Nuevo Circle in the parish of St. Mary, Jamaica, this resort apartment/villa was constructed in 2002 and features a stylish design with ceramic tile, porcelain, and other quality flooring. The exterior is finished with durable concrete siding, ensuring longevity and minimal maintenance. The property is serviced by the National Water Commission (NWC) for water and sewer, and offers ample open parking with multiple carport options.

This is not just a property; it’s a gateway to a lifestyle filled with opportunities and experiences in one of the Caribbean’s most sought-after locations.

  • Address: Rio Nuevo Circle
  • State/county: St. Mary
  • Zip/Postal Code: 00000
  • Area: Tower Isle
  • Country: Jamaica

Details

Updated on January 1, 2026 at 4:17 pm
  • Property ID 60415
  • Price J$ 90,500,000
  • Property Size 7,471 Sq Ft
  • Land Area 0.4719 Acres
  • Bedrooms 13
  • Bathrooms 13
  • Year Built 2002
  • Property Type Resort Apartment/Villa
  • Property Status For Sale
  • Agency Frontdoor Real Estate Limited

Additional details

  • Yearbuilt 2002
  • Lot/Acres 0.4719
  • Sq Ft 7,471
  • Flooring Ceramic Tile, Other, Porcelain
  • Type Property
  • Siding Finished Concrete
  • Water/Sewer NWC
  • Parking Open, Multiple C/P

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Walkscore

Contact Information

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Paulette Newby

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