A Resort Business And Real Estate Development Investment Opportunity In The Turks And Caicos Islands

A resort business and real estate development investment opportunity like no other, Alive and Well Resorts Ltd is now on the market for sale as one exclusive offering of three incredible properties: 1) Kokomo Botanical Resort 2) One on Marlin Resort and 3) The Ridge Residences. Kokomo is a fully functioning hotel operation boasting 38x 578 SQ FT 2bed 1Bath Cottages situated on 3.68 acres of ocean view land with view orientation over the south shore. Each renovated cottage boasts brand new custom-made fine furniture, kitchen and bath cabinets, marble floors throughout, energy efficient central ducted AC, LED lighting, and FFE that includes a full stainless steel appliance package consisting of induction cooktop, convection oven, bottom-mount fridge, dishwasher, and a built-in wine fridge. Fully walled and gated the property provides in-house security and CCTV cameras and amenities that include a fresh water ‘Oasis’ swimming Pool, a salt water hot plunge and just under 1 km of nature trails amidst beautifully mature botanical gardens. The on-site restaurant features an upscale private dining venue open kitchen and bar, a Sky Deck overlooking the Caicos Banks, and a Chill Lounge with Fire tables, enveloped by a bespoke Garden Spa Pavilion. One on Marlin: nestled within a private 4.57 acres valley lot the tranquil setting of this Resort gives it an oasis-like ambience, while its central location on Providenciales provides access to all necessities and proximity to Grace Bay Beach. To date, only 35 of the 110 approved exceptionally designed luxury one bedroom corner suites have been built leaving a development opportunity on the table for a prospective new owner. Constructed of solid, poured concrete, every unit has been built to last and is virtually maintenance-free with custom-made stainless steel security doors and windows with built in roll-down shutters. High walls and roof pitch result in a private yet open and airy loft style units that are approximately 450 SQ FT in size. The interior of each suite is tastefully appointed with custom-made contemporary furniture of solid wood and leather and marble floors throughout. Every suite has a fully equipped custom-made stainless steel gourmet kitchen. Spa inspired bathrooms with a shower for two, a cozy lounge and workspace area and air conditioning elevate comfort of the suites to a premium level. Prospective new owners will benefit of having the heavy lifting of all land assembly, rezoning, permitting, site servicing, underground utilities, road infrastructure, ironclad control & management of the Strata corporation under strict by-laws registered on title that prohibit any owner or third-party rental management already in place. The Ridge Residences complete the trifecta. 24x 1 Bed 578 SQ FT Rental Units on 1.07 acres perfect for short or long-term tenants or to serve as a staff quarters for Resort operations. Contact Listing Agent for more details. Financials available to qualified buyers only.