Lambert Beach, Tortola North East, British Virgin Islands

Overview - ListingID 00198389051

Price: USD $ 695,000.00 Contract type: Sale Property type: House/Villa
Property general location: Mountain/Hill/Farmland New or pre-owned: Furnished:
Bathrooms: Bedrooms: 4
Stories/floors: 2 Lot size: m2 | 0.00 ft2
Construction size: 0.00 m2 | 0.00 ft2
Living space: m2 | 0.00 ft2 Garage, patio, porch,etc: 0.0 m2 | 0.00 ft2
Price: 695000.00
Contract type: Sale
Property type: House/Villa
Property general location: Mountain/Hill/Farmland
New or pre-owned:
Furnished:
Bathrooms: 3
Bedrooms: 4
Stories/floors: 2
Lot size: m2 | 0.00 ft2
Construction size: m2 | 0.00 m2
Living space: m2 | 0.00 ft2
Garage, patio, porch,etc: m2 | 0.00 ft2

Description

                                Ideal, spacious family home located above Turtle Bay Resort with access to large resort-pool area, fabulous, pristine beach as well as tennis courts, resort restaurant.

Built on over half acre of prime land, a private swimming-pool can be added if desired. Entering from the main level, a large living-area including kitchen and dining room are located and lead off to a covered patio at the eastern side of the house. Two spacious bedrooms with an adjacent bathroom are on the western most side of the main level. A good size laundry room is located just behind the kitchen area. Large open windows and sliding doors allow the stunning views to enter the home making it bright and inviting.

Upstairs two more large bedrooms have been built, each with their own en-suite bathrooms and their own private balconies that display lovely beach and sea views. Come see this home that can either be lived in year round for residents or used as a vacation home with resident hotel management and rental income for winter snow-birds.

Lambert to get $42m-plus makeover

Published: BVI Beacon 15 March 2016

Elizabeth Beach Resort will set out this summer to complete to turn the establishment into one of the preeminent resorts in the Virgin Islands.

“Today, we face a great challenge to turning around a declining property and restarting the development after the unfortunate sale,” Mr. Arduini said at the resort’s restaurant last Thursday night, unveiling the plans for what is now rebranded as the Turtle Bay Resort at Lambert Beach.

Big plans

The undertaking will be a three-phase process, he explained: First, refurbish the existing facilities; second, construct 50 new hotel rooms; and third, construct another 42 condo units and develop the land surrounding the hotel area for the construction of luxury villas.

Mr. Arduini said it will cost $17-$20 million to expand the hotel, and an additional $25-$30 million to build the condos and develop the villa sites.

In the first phase of the project — which is scheduled to begin in June and last through October — developers will “strip to the bone the buildings and rebuild with quality finishing materials and Italian design fixtures, fittings, and furniture,” he said.

After that, work will begin on the 50 new hotel rooms, a phase that is expected to take “two years maximum,” he said.

The new and refurbished rooms will be outfitted with “natural materials ranging in the wood and sand colours, renowned Italian designer furniture, and natural fabrics in the colours of the sand and sea,” according to EBR plans.

The final phase will see EBR construct nine buildings, most of which will be two-storeys tall, for the additional 42 condos, Mr. Arduini said.

The property management company will also subdivide the land surrounding the hotel area into 26 0.8-acre plots for the construction of luxury villas, he said.
                            

Features:

  • Air conditioning (A/C)
  • Garage capacity: 0
  • Bedrooms: 4
  • Half bathroooms:
  • Stories / floor: 2
  • Bathrooms: 3
  • Home Owners Association (HOA)
  • View
  • Maid quarters
  • Swimming pool
  • Year built:
  • Gated Community
  • Covered
  • Garage Open

Location and Map

Country: British Virgin Islands
State or Department or Province: Tortola North East
Location: Lambert Beach