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Commercial Property for Sale in Grotto Beach, San Salvador
Property type: Hotel/Motel
Price: $4200000 USD
Grotto Beach Resort & Golf Course Package
Commercial Site.
San Salvador, The Bahamas.
This superb investment includes 2 hotel sites and 1 x 18 hole golf course.
(Can only be sold together as a package)
Hotel Site #1 7.99 acres
Hotel Site #2 6.2 acres
Sandcliff Golf Course - 153 acres with a total of 1,460 ft of oceanfront.
Purchase Price: USD$4,200,000 includes all 3 properties.
Under The Hotels Encouragement Act, the Bahaman government welcomes resort development in the Family Islands with numerous investment incentives including exemptions of customs duties and in some cases stamp taxes, on building materials, equipment, approved raw materials, fixtures, furniture, landscaping items and sporting equipment. In addition, the 2 most important exemptions are on real property taxes and earnings or rent paid for up to 20 years!
There has never been a better time to invest in San Salvador!
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