Waterfront One-Bedroom with Loft in Central Ocho Rios

Enjoy a rare waterfront one-bedroom with a loft located in the heart of Ocho Rios. This unit offers direct ocean views from a private balcony, providing daily scenes of cruise ships docking and easy access to the nearby pier. The location places you within walking distance of Margaritaville, local bars and restaurants, gift shops and the town centre, making a car optional for most needs.

Situated within a 24-hour secured, tourist-oriented community, the property benefits from above-average occupancy rates and strong short-term rental appeal. The floor plan includes one bedroom, a loft sleeping area and one bathroom, with approximately 450 square feet of interior space. Light cosmetic updates are recommended for the kitchenette and bathroom, offering potential upside without major renovation.

Eco-smart and market-minded features include consistent foot traffic, appeal to cruise ship guests and a robust local short-term rental market that complements international demand for waterfront locations. Financial estimates provided indicate an attractive investment profile: a cash buyer can expect an estimated return on investment around 10% or higher, while a financed buyer with a 20% deposit could see approximately 18% at 60% occupancy; break-even occupancy is below 50%. These figures reflect the strong tourism fundamentals of Ocho Rios, Jamaica’s primary port of call.

Property details: Style: Apartment, Lot size: 4.0125 acres, Bedrooms: 1, Bathrooms: 1, Total square feet: 450, Flooring: Ceramic tile, Siding: Finished concrete, Water and sewer: NWC, Parking: Multiple covered/parallel spaces. The unit is listed for sale at USD 198,000 and is located at E33 Sandcastle, Main Street, St. Ann, Jamaica.