3 bedroom 3 bath main house with 2 bedroom 2 bath apartment on the lower level for sale.  This house commands a spectacular view of the Frigate Bay area (including the Marriott resort), both the Atlantic ocean and the Caribbean sea and also the Southeast Peninsula.  Enjoy the breathtaking views from all rooms of this house.  The addition of a swimming pool would be an asset.  The house is in need of some minor repairs. 

At the asking price of only US$650,000 (including furniture), this house is a steal.  Just released on the market and not expected to remain there for any extended period.

Rental income from this property is US$3700 monthly  - US$2500 (main house) plus US$1200 (2 bedroom apartment).

No alien-landholding licence is required for purchase of this property. Additionally, effective July 1, 2005 the buyer no longer pays the transfer fee of 6% - instead, the seller now pays 12%.  Fees (mainly legal) payable by buyer approximate 2% of purchase price.