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Palisades Development

  • 30 Bedrooms
  • 30 Bathrooms
  • 20,780 ft2
Chestertons Barbados proudly presents...

An exceptional investment opportunity comprising 10 fully tenanted residental unit, all leased to the Embassy since 2010. With leases extending through 2026-2028, this portfolio offers securem long-term rental income backed by a reputable institutional tenant.

Generating US $355,200 in annual gross revenue and US $225,672in annual net operating cash flow, the portfolio is offered at US $5,250,000 per unit) delivering a 4.3% net ROI.

Comparable units are currently valued at approximately US $600,000 each, presenting excellent potential for future capital appreciation through individual resale.

Ideally located on Barbados’ South Coast, Palisades is within walking distance of Enterprise Beach, Oistins, popular surf breaks and just a 10 minute drive from Grantley Adams International Airport and Coverley Town Centre, making it an attractive investment combining dependable income with long-term growth potential.


Highlights

10 Fully Tenanted Residential Units

Total Monthly Income: US $29,600

Annual Gross Revenue (Rent + Common Charges): US $355,200

Prime South Coast Location


Features and Amenities

Breezy Location
Great Investment Opportunity
Open Plan Design
Walking Distance To Beach
Ceiling Fans
High Rental Demand
Sea Views

Property Details

  • Furnished: Yes
  • Property Type:
  • Property Size: 20,780 ft2
  • Freehold: Yes

Gallery


Location


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Palisades Development

US$ 5,250,000

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US$ 5,250,000