International Property & Travel Volume 27 Number 3

Page 92

caribbean

GREATER ANTILLES SPECIAL

Jamaica

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orld-famous coffee, never-ending stretches of azure waters, intoxicating music, a plethora of flavourful dishes and a tropical climate are but a few of the reasons to invest in Jamaica. Walter Zephirin, managing director of 7th Heaven Properties comments, “With its year-round warm and sunny climate, friendly and welcoming people and breathtaking natural beauty, Jamaica offers a great lifestyle. Love nothing more than relaxing on the beach? Jamaica’s beaches are simply spectacular, and the island also offers so much more. Nature lovers will be in their element exploring the island’s waterfalls, rivers and mountains. Golf lovers will love the island’s golf courses which count among the best in the Caribbean. Prefer to just kick back and relax with a refreshing glass of Jamaican rum or some sizzling jerk chicken? Where better than in the island of “One Love?” Furthermore, Mr Zephirin explains why the island is considered to be an investment haven: “As visitor numbers have surged to record levels, the island has moved firmly on to the investor radar. The destination offers huge potential for generating a tremendous return on investment via the luxury vacation rental market. Secondly, in recent years the Jamaica real estate market has enjoyed significant growth at both the luxury end of the market and the more affordable end of the market. A strong pipeline of new villa and condo developments has stimulated demand among foreign investors, members of the Diaspora overseas as well as Jamaican first-time buyers.” In terms of current and future prices, Mr Zephirin says that luxury homes in Jamaica typically start in the region of eight million dollars upwards. He adds, “It is difficult to predict how prices may change in the near future due to several factors introducing uncertainty, such as the global outbreak of Coronavirus. In recent years, prices have seen an increase. Assuming that we are all able to get back to business relatively soon, we would hope to see that trend continue, but in the meantime there may very well be bargains to be had for investors.”

Tryall Club Live the Jamaican dream with this six-bedroom luxury home in the prestigious Tryall Club in Hanover near Montego Bay. Set on 3.56 acres of beautifully landscaped grounds on a plateau, you will be spoilt for choice between the panoramic sea and mountain views. Designed by Nancy D. Maffesanti in a classic and elegant Jamaican style, this is one of the finest luxury homes for sale in Jamaica. The main house features a spacious living room and dining room which opens on to a large covered veranda with outdoor living and dining areas. It also has five bedrooms which feature design influences from the Caribbean and Asia. A stunning master bedroom is located in a 1,900 sq. ft. self-contained pavilion with its own media room, bathroom with Jacuzzi, shower room and a private veranda. The property opens on to charming gardens with 2 lavish pools – a 75-foot infinity lap pool with a pool-side gazebo and a solar-heated garden pool with an arched bridge. £2.8m / €3.1m / $3.5m 7th Heaven Properties

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www.7thheavenproperties.com

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