IMMOBILIEN LIMITED - Development Land (Residential) for Sale JMD $20000000

Manchester, Mandeville

Development Land (Residential) Under Contract

MLS-62745
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LIST PRICE
JMD $20,000,000

USD $ 126,767 CAD $ 181,455 € 116,442 £ 98,527

DOWN PAYMENT
(enter JMD amt. only)

LOAN PERIOD (Yrs)

Mortgagee

Loan Amount

Period

Rate

Month Payment

BNS

$0.00

25 Yrs

8.99%

CIBC FirstCaribbean

$0.00

25 Yrs

7%

JN Bank

$0.00

25 Yrs

9.85%

NCB

$0.00

25 Yrs

10.25%

NHT

$0.00

25 Yrs

5%

Sagicor Bank

$0.00

25 Yrs

9%

VMBS

$0.00

25 Yrs

10.75%

Disclaimer:
Please note that whilst Immobilien Limited endeavour to provide accurate information in respect to the mortgage calculator, the use of the same is at your own discretion and risk. Immobilien Limited does not accept responsibility for any consequences that may arise from your reliance on the respective institutional interest rates and the calculations provided therein. Further, the mortgage calculator is intended for guidance only, you are advised to seek professional advice from your financial or mortgage institution
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For Sale

JMD $20,000,000

USD $ 126,767 CAD $ 181,455 € 116,442 £ 98,527

Property Description

This development (residential) parcel of land measured approximately 5.25 acres. Its high rolling hills intermingle with flat lower areas make it a developer's dream. The diverse features of this property render it possible for the creation of lots with views, lots for split level constructions, lots for farmstead, upscale gated areas and other real estate possibilities. It contains enough marl hills that can be cut to assist in the development of the road network when it is subdivided into lots. It is accessed by a paved road that leads off the main thoroughfare from Mandeville to Spur Tree. Currently it is being sold together with two other parcels with names Red Bank parcels 2 and 3. Together, all three parcels' measures approximately 26 acres. They are waiting to be viewed by new and established developers.