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Search Land - Vacant Land in Scrub Island

Vacant Land in Scrub Island

price

$40,000,000|Listed: Oct 29, 2019

MLS#320930210

location

Scrub Island, Grand Scrub Island, British Virgin Islands

Status:Active

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Property Type

  • Acreage

Acreage

0 acres

Format

Sale

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Description

Owning and developing a private island in the Caribbean sounds like the ultimate dream. Not many can say they've done it. And it not just about having sufficient cash. Sure, not many have the means to even consider taking on such a venture. Fewer still have the wherewithal, the fortitude and the patience to pull it off. The Owners of Scrub Island can proudly say they have done it. The island is named appropriately, 20 years ago it consisted of nothing but scrub. Grand Scrub Island is attached to Little Scrub via a small isthmus. Rather than develop a second private island, its Owners have decided to sell Grand Scrub Island in its entirety. The fortunate new developer stands to benefit greatly from the substantial investment in infrastructure made by the current Owners. They have brought power to the island via undersea cable and installed a desalination plant, all with capacity to service both Little Scrub and Grand Scrub.. They have built not only a full service upscale marina but also a service area, barge ramp and commercial dock. They have built and are operating restaurants, bars and accommodations, all of which can be utilized by the developer of Grand Scrub. The hard work has been done. The risk has been greatly reduced. Its time for a very fortunate developer to recognise the opportunity and take full advantage.

Listing Agent

img

Chris Smith

company

Coldwell Banker Island Affiliates

location

Tortola

Boa Safra - Farm Credit Partner
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