Sevilla Retreat, a captivating property moments from Runaway Bay, offering unparalleled luxury and investment potential as well as its own private beach. The estate comprises two detached buildings centered around a large oval pool. The primary villa features four en-suite bedrooms, each opening onto the pool area, creating an inviting and cohesive design. A separate building includes a ground-floor apartment with two en-suite bedrooms, currently serving as staff quarters. This unit offers immense potential for upgrade and additional income. Above, a spacious, open-plan studio apartment provides guests or renters a self-contained retreat, complete with a kitchenette, shower room, and private patio with beautiful views.
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In Detail
The main villa is designed around an expansive pool, with multiple lounging areas, an entertainment space, The villa also comes with its own private beach area which is a short walk around the golf course. The living area includes an open-plan design that seamlessly connects the living, dining, and kitchen spacesperfect for entertaining.
The kitchen features custom cabinetry, high-end appliances, and ample counter space, creating an ideal environment for family gatherings or hosting guests. Each bedroom offers its own en-suite bathroom, finished with luxurious fittings, large showers, and elegant design, offering both privacy and comfort.
Historical charm enriches the ambiance, with this property having once hosted Bob Marley. Ideal for those seeking a vacation home or a primary residence in an exclusive Jamaican location, Sevilla Retreat offers modern amenities paired with historical prestige. With impeccable attention to detail and beachfront access, this is an opportunity to own a true gem on Jamaicas coveted north coast.
Investment Opportunity: Airbnb and Rental Income Potential
Sevilla Retreat currently operates successfully as an Airbnb, generating a rental income of USD 600 per night. Staff are already on board, ensuring that the villa is maintained at its highest standard and that guests are warmly welcomed. Recent occupancy numbers are promising, with consistent bookings throughout 2024 and early 2025, demonstrating strong demand.
The villas proximity to the Sandals golf course, which is slated for a significant upgrade to a Greg Norman-designed 18-hole championship course, adds even more value. With plans for a luxury golf club and restaurant, property values in the area are expected to rise, making Sevilla Retreat an attractive investment opportunity.
Additionally, there is potential to further develop a separate two-bedroom apartment on the property into a high-end rental unit, allowing for increased income potential. Given the current low rental rate, there is significant room for price adjustments, and leasing options range between USD 3,000 to 4,000 per month.
For buyers interested in income-generating properties, Sevilla Retreat offers a combination of stable rental income and significant appreciation potential, making it an exceptional investment in the heart of Jamaica.
Tax Benefits for UK Buyers
UK investors purchasing property in Jamaica can benefit from several tax advantages. Jamaica has favourable property ownership regulations for foreign buyers, including potential exemptions or reduced rates on stamp duty and transfer taxes. Furthermore, any rental income earned from the property can be offset by deductions for maintenance, property management, and other operating costs, reducing the overall taxable income. Additionally, Jamaicas double taxation treaty with the UK helps ensure that income is not taxed twice, creating a more efficient tax situation for British buyers.