Waterfront One-Bedroom with Loft in Central Ocho Rios

Enjoy a rare waterfront one-bedroom plus loft in the heart of Ocho Rios, with direct ocean views from a private balcony. From this location you can watch cruise ships dock, walk to the pier, and access a variety of nearby attractions including Margaritaville, local bars and restaurants, gift shops, and the town center. No car is necessary for this property.

Situated in an active, 24-hour secured community that caters to tourists, the building posts above-average occupancy rates and offers strong short-term rental potential. The unit provides one bedroom, a loft sleeping area, and one bathroom. Only light cosmetic upgrades are suggested in the kitchenette and bathroom to maximize appeal and rental income.

Market strengths include consistent foot traffic, cruise ship guest demand, and a robust local short-term market that complements international interest in waterfront properties. Size and construction details: approximately 450 square feet, ceramic tile flooring, finished concrete siding, and water and sewer provided by NWC. The property sits on a lot of about 4.0125 acres within the Sandcastle complex on Main Street, St. Ann. Parking is available with multiple car spaces.

Offered at USD 198,000, the unit presents opportunities as an investment or vacation escape. Pro forma estimates suggest a cash buyer could see a projected return on investment of 10% or more. A financed buyer with a 20% deposit could realize an estimated return near 18% at 60% occupancy. Break-even occupancy is below 50%, levels that are attainable in Ocho Rios, Jamaica’s primary port of call and a consistently busy tourist destination.