Multi Unit Property In A Private Estate, Walk To The Beach

Mermaid Villa is a fantastic opportunity to invest in a multi unit property, with swimming pool, situated within the very desirable Little Mountain Estate on Beef Island. Beef Island is an area of low density housing and properties here rarely come to market. Mermaid Villa is centrally positioned within the Estate and all units have direct views of the beach at Long Bay, which is less than 5 minutes walk away. Being in such close proximity to the beach is surprisingly rare in the BVI.

Mermaid Villa comprises 4 independent units, across 3 buildings (see floor plans):

Main House

Upper Level - 2 bedrooms, 2 bathrooms with a large L shaped living room/kitchen and mezzanine loft above the living room. There is also a wrap around porch, part of which is covered and deep enough to accommodate a dining area and BBQ

Lower Level - 1 bedroom, 1 bathroom apartment with extremely spacious open plan living room and kitchen. With a BBQ courtyard to the rear and a terrace with views of Long Bay Beach to the front

Guest House
Single storey building comprising 2 bedrooms with 1 shared bathroom. Large open plan living room/kitchen with sliding doors accessing a covered deck and the swimming pool

Guest Cottage
Single storey building comprising 1 bedroom, 1 bathroom with a kitchenette.

The Main House is located at the head of the driveway and the guest units are to left of the driveway and accessed via a stone walkway. The Guest Cottage also has access to and from a lower access point on the driveway. The upper level of the main house is currently occupied by the owner, the lower level is used for short and mid term rentals, while the guest units are rented long term.

This property needs some modernising, but has a lot of potential as an income generating home.

For those who are unfamiliar with the area, Beef Island is connected to the eastern end of Tortola via the QE2 bridge. It is the home to the Terrance B Lettsome International Airport and the lively community of Trellis Bay, from where public ferries operate to connect with the outer islands of Virgin Gorda, Scrub Island and Marina Cay. Trellis Bay is also blessed with a beachfront strip of fabulous restaurants and Aragorn’s Art Studio. In addition, there are hiking trails through Hans Creek and up to the peak of Mt Alma, as well as stunning Long Bay Beach, which provides one of the best swimming spots in the BVI. For a small island, Beef Island has a lot going on, which makes it a really perfect place to invest in a property.