Gros Islet, St Lucia

An exceptional investment opportunity awaits in Gros Islet with this newly built two-storey development, constructed in 2026 and approximately 75% completed. Comprising four self-contained apartments, the property offers an investor the opportunity to complete a substantial residential development with strong potential for rental income and long-term value.

The property consists of two 2-bedroom, 1-bathroom apartments and two 1-bedroom, 1-bathroom apartments. Each apartment has been designed to provide comfortable, independent living, with its own kitchen, living and dining areas, bedrooms, bathroom and covered outdoor space.

The two-bedroom apartments each feature a dedicated laundry room, while the one-bedroom apartments include laundry spaces and walk-in closets. The electrical and plumbing infrastructure is already in place, providing a solid foundation for completing the remaining works and allowing the new owner to select the final finishes and specifications.

A standout feature of the property is its sea view, including views towards Pigeon Island. Located in a quiet neighbourhood, the development also benefits from convenient access to schools, shopping, restaurants, services and other amenities in Gros Islet.

Each apartment has an allocated parking area, and there is also potential to incorporate a swimming pool, subject to the necessary approvals and feasibility. This could further enhance the property's appeal to future tenants and residents.

The four-unit configuration provides excellent flexibility for an investor. The two-bedroom apartments are well suited to families, while the one-bedroom apartments are ideal for professionals, couples, or individuals. Each unit can be rented independently, creating the potential for four separate rental income streams from one property.

The property can also accommodate different ownership strategies. An owner could occupy one apartment while renting the remaining three, complete all four units as a dedicated rental development, or utilise the property for multi-generational living.

Last valued at EC2.2million,thepropertyrepresentsasubstantialinvestmentopportunity,withanestimatedEC250,000 required to complete the remaining works. Based on the current investment position, the property offers approximately EC$600,000 in equity, providing an attractive foundation for an investor looking to complete and maximise the development's potential.

With its 2026 construction, four self-contained apartments, approximately 75% completion, existing electrical and plumbing infrastructure, sea views towards Pigeon Island and potential for further enhancement, this property presents a compelling opportunity to acquire and complete a multi-unit residential development in Gros Islet.