RUNAWAY BAY, ST. ANN PARISH, JAMAICA - $ 526,000

Overview

PROPERTY#:11105365

$ 526,000

FM4H+G79, Runaway Bay, Jamaica

Runaway Bay

     The Bahari spans 21.5 acres in Runaway Bay and will kick off Phase 1, with 83 units (total units upon completion is 206). There are 24 two bedroom townhouses that are 1453 square feet and come with finishes such as porcelain floor and wall tiles, modern kitchen and bathroom cabinetry and solid surface countertops. In addition to the 2 bedrooms & 2 bathrooms upstairs, these units have a powder room and an additional room on the lower level which can be used as a study or home office. These units are being offered for sale at the pre-construction price and are subject to capped escalation. Returns on the 2 bedroom townhomes for short term occupancy are USD $200/night with a cap rate of 8%. Amenities include a jogging trail, gym, club house, pool, water storage,solar powered lights in common areas, landscaped gardens & 24 hour security. What's more is that these units all have access to the stunning Cardiff Hall Beach. Estimated completion for phase 1 will be the last quarter of 2024

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