Land - For Sale
5,200,000 USD
Virgin Gorda, Nail Bay

Land · For sale · 5,200,000 USD

Prime land located in Virgin Gorda Central part of the exclusive upscale Nail Bay Estates and separated as its own parcel. The land is Crown Lease of which 152 years remain through to year 2166. The area consists of 63.817 acres of unimproved land that has recently been entitled for resort/medical tourism. The ground rent is $66,000 per year payable to the Crown on the 1st of January every year. The parcel has been designated/zoned for any one of three possible options. It can be designed as a Boutique Resort or a Medical Tourism facility of which the Government is very keen to see move forward and therefore would allow Pioneer Status to anyone who would build this, meaning support with import taxes and licenses. The last option would be to see this location used as an exotic villa development. This site is simply amazing with remarkable views.