THE PRIVATE SECTOR is continuing its effort to help quench Barbados’ thirst for investment.
As debate over the construction of a new Hyatt hotel in the heart of Bridgetown persists, real estate officials are searching far and wide for someone to acquire 32 acres of Christ Church land for $40 million.
The beachfront property known as “The Fairy Valley Project”, located in the Paragon/Long Beach area, is being sold with planning permission for a major tourism development.
The sale proposal, which has been circulated here and overseas, stated: “We are pleased to announce the sale of The Fairy Valley Project, Paragon, Christ Church, which is currently approved to have a 350 unit hotel/resort plus multiple villas. The gradual slope of the 32 acres of beachfront land can allow all units to have direct ocean views. (SC)
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