Caribbean Property Forum

37 Room Hotel For Sale in St. Lucia – USD$ 450K

Rodney Bay
Gros Islet, GI
Saint Lucia

$0 USD
Category  Commercial
Listing Type
Building Type
Lot Size
20000 SF

The Oceanview Hotel is a beautiful 37 bedroom small hotel in St. Lucia that offers budget holiday accommodation. Sitting on a gentle hillside in Gros Islet, overlooking the blue Caribbean Sea and the Rodney Bay Marina; a hub of tourist activities, the many restaurants, bars, nightclubs nearby ensures there is never a dull moment.

Formerly Glencastle Resort, the hotel was built fifteen years ago, based on French architecture in a homely and peaceful setting.

There is a hotel shuttle service, if one is looking for a night out in Gros Islet, or a day relaxing at the beautiful beach at Pigeon Island.

There are two beautiful swimming pools, ideal for adults and children, a fully licensed bar and restaurant. All rooms are both large and comfortable, ranging from single to family size. The onsite Innerglo Spa offers a wide range of relaxing and rejuvenating beauty treatments.

Oceanview is great for holding functions or weddings and offers great investment value.

Ocean View Hotel Facts & Features

Its a Fixer-Upper investment with potential for great returns on your investments

>18 out of the 37 ensuite rooms on the first floor were renovated in 2017. All >18 rooms are move in ready with beds, functional baths and A/C units.
>The second floor (19 rooms) needs to be totally demolished.
>New Electrical & Plumbing needs to be done on second floor.
>Roof needs to be replaced or repaired.
>Both swimming pools needs renovating.
>The restaurant and bar on this property needs to be renovated.
>2 conference rooms and spa
>Property needs to be treated for mould.
>Kitchen – Fully equipped with commercial appliances.
>The property walking is distance to the popular Gros Islet Friday Night, >Rodney Bay Marina and Pigeon Island Beach

NB: About USD$500k has been estimated to get this property fully functional. However, interested persons would need to get a property estimate from a contractor or quantity surveyor of their choice for renovation to their standards and liking.
Air Conditioning
Solar Power
Sea View
Mountain View
View Count 5,974 is the official site of the Multiple Listing & Real Estate Services of St. Lucia (MLRES), with real estate offices located in Soufriere & Dennery. Multiple Listing & Real Estate Services is a member of the Realtors Association of St Lucia , Inc.