2 bedroom Detached Villa for sale: Guyana, Corentyne-Berbice


  • bedrooms 2
  • bathrooms 1
Reference: 36114_PS_JC_25A

Key Features

  • A model home on a private boutique mini estate of just eight lots
  • Siuated in the Tropics and located on the Atlantic / Coretyne coast
  • This stretch of coast is also considered to be part of the Caribbean
  • The stilt home design maintains its classic British Colonial elements
  • The study or playroom can easily be converted into a third bedroom
  • Two verandas/balconies, one off rear bedroom, one part of entrance
  • Hardwood floors & doors, tiled floors in kitchen, bathroom & balconies
  • Open plan and concrete structure ensure cool temperature throughout
  • Easy reach of the town of Rose Hall, beaches & horse racing course
  • Due to its oil, Guyana has world’s fastest growing economy - Nasdaq

Summary

The sale of this most interesting property provides an opportunity to invest in the world’s fastest growing economy, according to a Nasdaq compilation of the countries with the ten fastest growing economies, with Guyana coming out as number one. This is largely due to the continuing discoveries of oil in commercial quantities. Nasdaq’s article, of which a copy will be supplied on request, also predicts that Guyana will be amongst the world's largest per-capita oil producers by 2025.

This is a rare opportunity for investors looking to enter the Guyanese market, where such real estate is difficult to find. With the oil discoveries referred to above, real estate values are likely to appreciate even more from 2020 when production by two major oil companies is due to start.

The correct price of the property is in US dollars at $796,000. A price appearing in Guyanese dollars is to be disregarded.

Description

The sale of this most interesting property provides an opportunity to invest in the world’s fastest growing economy, according to a Nasdaq compilation of the countries with the ten fastest growing economies, with Guyana coming out as number one. This is largely due to the continuing discoveries of oil in commercial quantities. Nasdaq’s article, of which a copy will be supplied on request, also predicts that Guyana will be amongst the world's largest per-capita oil producers by 2025.

Property prices are already increasing in Guyana due to the oil discoveries and it seems inevitable that this will continue at an ever increasing rate. The latest major discovery is at the Orinduik Block, which is offshore of the Corentyne coastline, which itself is only some two hours drive from the property. Furthermore, the prevailing wind blows in a direction that will take the noise and smell of the drilling away from the coast, leaving the beaches that are closest to the property in pristine condition. The next owner of the property will get the benefit of the development of the industry without any of its negative impact.

This individual detached stilt home, called ‘Arch Villa’, is set on one of just eight lots that form a private boutique subdivision located in the Tropics on the Atlantic/Coretyne coast of Guyana, which is also considered part of the Caribbean.

A short drive to the West are the University of Guyana campus and the town of Rose Hall, where you can find shops, markets, banks, restaurants, schools, cricket grounds, whilst nearby are Alness & Kennard's famous Port Mourant horse racing course and Manchester Village. Easily accessible to the East is the renowned 63 Beach, which stretches for ten miles and is a major tourist attraction. It connects several villages along the Corentyne River.

The subdivision has a private gated entrance and road, with a design that keeps the horse racing motif of the area. It comprises eight house lots extending from corner to corner and a model home.

The model home is a stilt home that maintains the classic British Colonial elements, while the interior reflects modern elements of the current period such as graphite counter tops in the kitchen. The main staircase is formal and has columns and spindles representative of the British Colonial architectural period.

The floor plan consists of two bedrooms, a study / playroom which could easily be converted into a third bedroom, the bathroom, two verandas / balconies, one of which is off the rear bedroom, while the other is part of the main entrance on the second floor covering the front of the house, so as to allow for entertaining.

There are hardwood floors and doors throughout with the exception of the kitchen, bathroom and balconies which are tiled. The open floor plan and concrete structure maintains a cool temperature throughout the home.

This is a rare opportunity for investors looking to enter the Guyanese market, where such real estate is difficult to find. With the oil discoveries referred to above, real estate values are likely to appreciate even more from 2020 when production by two major oil companies is due to start.

The correct price of the property is in US dollars at $796,000. A price appearing in Guyanese dollars is to be disregarded.

IMPORTANT NOTICE

These details are provided and intended as a general guide only and do not form a contract or any part of a contract. Intending buyers must make their own investigations and are advised to take appropriate independent legal advice. The final sale price may vary due to currency exchange fluctuations.

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Reference: 36114_PS_JC_25A

Contact Agent

Investabroad Properties Ltd
Tel: 0044 121 616 5108