Hermosa Cove Ocho Rios

Jamaica

For Sale

November 2012

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Location of Hermosa Cove in Relation to Ocho Rios

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Hermosa Cove

The lush, picturesque 12-acre Hermosa Cove seaside property is one of the prime locales on the north coast of Jamaica. Just five minutes from the center of Ocho Rios and yet

totally secluded, this coveted tropical haven has a rich and interesting history. According to local historians, after a prominent and wealthy Boston family purchased the property in

the late 1940s from the Lord and Lady Docker estate, the property was visited by many famous people of the time, including such Hollywood personalities as Marilyn Monroe and

Elizabeth Taylor. Known as the Jamaican Riviera, the area was immensely popular among the rich and famous of the 1950s and 60s.

This phenomenal piece of property captured the imagination of proprietors Clayton and Deb Korver, who passionately explored and developed the ideal vacation oasis to best suit

the land, the people of Jamaica, and the high-end leisure travel market. Evocative of a slower, more seductive era, Hermosa Cove Villa Resorts and Suites is designed with the kind

of deluxe details, services, and amenities to craft a five-star destination.

Source: Hermosa Cove web site

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Main section (western Side of the property)

Centre Section

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Eastern section with old house

Approximate boundary in yellow

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Site Plan. Approximate Boundary in red

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Main Hotel Section layout

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The beach – Approval to extend it to the east (right)

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Part of the existing beach

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The sea from the Turret

View East towards Reggae Beach

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Villas

For full Description : http://www.hermosacove.com/villas/index.php

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There is one unfinished building (shell, no roof) that would be similar to the above if completed.

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Entertainment area (over laundry etc.). Being used for a wedding at the time. Unfinished building is in the background

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Main section

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Details: Operating  expenses:    Approximately  (budget  figure)  of  US$36,000  per  month  to  include  insurance,  utilities,  management,  staffing,  maintenance,  professional  fees,  bank  charges.    Property  has  full  approvals  from  the  relevant  authorities  for  the  development,  jetty’s  and  the  operation  of  a  hotel  –  licenses  permits  etc.    The  cottage  adjacent  the  main  restaurant  section  is  leased  on  an  informal  basis  to  the  pilot/owner  of  Island  Hoppers  (Helicopter  tours).    The  Security  gate  protects  the  entrance.    Technically,  this  road  is  still  a  public  road  although  adopted  by  the  current  owners.    The  rear  gate  is  usually  closed  to  the  public  and  only  used  by  the  staff.    Price:    US$8,950,000    The  price  being  asked  is  for  approximately  10.5  acres.    This  area  comprises  some  8  Titles  –  areas  should  be  checked.      The  lot  where  the  old  owners  house  is  located  (1.44  acres)  in  not  included  in  the  price.    The  owner  is  however  amenable  to  a  sale.  

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