Bonaire is the last island on the Caribbean with ocean front land available for affordable and profitable development projects. For example, it is anticipated that a 5-star luxury hotel can be developed with between 90 – 150 rooms for a cost of $ 102 per square foot to generate an average annual gross income of just over $6 Million with 75% occupancy. A video outlining our vision for a suitable hotel can be viewed on the @C Hotel video page on this site.We’ve also drawn up plans dividing the land into 3 sections which allows for building of 34 villas, complete with village reception area. More information and videos of the development can be viewed on the @c Villa Video page on this site.
There is also an option to develop the site by building apartments.
Spacious apartments of 120m2 (1.292 sqfeet) could be built, each with two bedrooms with private bathrooms, and are ideal for a holiday with family or friends. The plot is suitable for 65-75 single storey apartments with living room, open kitchen and terrace, 42 of which would have direct views over the turquoise blue Caribbean sea. This would leave the back section of the plot available to build tennis courts, more apartments or villas.
If an investor prefers to build the oceanfront apartments, currently on Bonaire they are selling for $450-500,000 each.
Alternatively, it is possible with this unique ocean front land opportunity to leave it undeveloped as demand for this location will dictate significant future profitability.