Tropical Escape

Location: Tropical Escpae, St. James

52 Bedrooms, 62 Bathrooms

Price: USD 5,000,000

Property ID: 2669D

Gross Land Area: 46,173.6 sq. ft.

Floor Area: 28,800 sq. ft.

Property Highlights:

• Lobby
• Reception
• Lounge Bar
• Restaurant
• 52 beds
• 62 baths
• Pool and deck
• Pool bar
• Games room
• Parking
• Beach bar

 

Description

Tropical Escape Hotel sits in the heart of Paynes Bay on the upmarket west coast of Barbados. The hotel is right across the road from the beach and boasts a superb beach bar with changing facilities on the beach. Positioned within walking distance of a selection of restaurants and bars in the area and along the beach, the location is ideal for visitors and holiday makers to enjoy a relaxed beach holiday in a sought-after location along this popular strip of the island.

The opportunity exists for an investor to revamp and relaunch this 54 room property into a new and exciting operation. The hotel was built in 1998 but closed its operations a few years ago and while it will need repairs and modernization, it has all of the right attributes to be relaunched as a boutique hotel with restaurant, pool and beach bar.

There is still in operation a games and slots room at one end of the hotel.

SALE PRICE: BDS$10,000,000 / US$5,000,000