Current Use by Public Records
- Mixed-use properties
Property Details for 0 Hastings
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
This exceptional 1-acre property in Christ Church, Barbados, presents a unique investment opportunity. Located steps from Accra Beach, this 43,137 sq ft site previously housed the Abbeville Hotel and currently operates as the successful Abbeville Bar & Restaurant. The property features a well-maintained restaurant, pool area, office space, storage, and ample parking. Offered as a going concern or with vacant possession, this prime South Coast location offers significant development potential, capitalizing on the thriving tourism sector. The existing infrastructure includes a well-designed restaurant and bar, benefiting from upgrades approximately 20 years ago. The property's strategic location near Accra Beach and numerous amenities ensures high tourism appeal. This presents an unparalleled opportunity for investors or entrepreneurs seeking to expand within the Barbados hospitality market. Barbados offers a stable political and economic environment, a robust tourism sector, and attractive tax incentives for investors in the tourism industry, including potential tax holidays and reduced tax rates. The Grantley Adams International Airport, a major regional hub, ensures excellent connectivity to North America, Europe, and the UK. This property is ideal for those seeking to develop a luxury hotel, expand an existing hospitality business, or create a unique mixed-use development. The potential for significant returns on investment is substantial, given the property's location, existing infrastructure, and the favorable investment climate in Barbados.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winnetka
- County
- Cook
- State
- Illinois
- Longitude
- -87.7808967
- Latitude
- 42.09975
