Share or apartments in full ownership in an oceanfront university complex

The project is presented by the university complex, which will be built on a 60-hectare site on the ocean in Hartman Bay, the only real estate education project approved by CBI programs. This is a first-class educational real estate complex providing an excellent academic environment and support services for families of international students, tourists and retirees. The project is a university campus with retail and entertainment facilities. It is located 2 km from St. George’s University, which can be reached by the free university shuttle bus. The developer is also negotiating with a US university to open a campus as part of this project. The road connecting the project and the city is built.

It is possible to buy 1-bedroom apartment fully furnished with an ocean view, 32 sqm 350 000$. A variety of amenities are available to residents, including gym, cafe, laundry, office facilities, etc. The developer provides comprehensive property management services such as rental, resale and maintenance.

The following investment options without possibility to live in apartment are offered:

• $220,000 – fractional ownership

The construction of the complex consists of four phases of construction (the fourth phase – villas) and will take about 10 years to complete. The start of construction is March 2021. The first phase will be completed in January 2024. The possible rental yield of 3,5% is paid after the facility is put into operation.