Invest in Jamaican Real Estate, now is the time
Unlike the rest of Latin America, Jamaica
has managed to attract large private-sector investments to support a rapid expansion and transformation of its infrastructure.
With a veritable domino effect, change is taking place in almost every industry corner, including real estate, tourism, banking, telecom, energy and transportation.
Along with the real estate boom comes the first Casino
in Jamaica which will be near to the Palmyra Resort at Rose Hill Montego Bay.
The tremendous changes taking place provides investors with a unique ground-floor real estate opportunity
. Now is the time to Invest in Jamaica and the Palmyra.
"In my opinion, Jamaica offers the number one real estate value in the Caribbean today. Due to a relatively dormant real estate industry, the island's real estate has been undervalued, but times are changing. Real estate value is up to 30% cheaper than other Caribbean island and Florida."
Sir Kenneth Miller, CEO of Miller Global Marketing Group, New York
"I researched real estate opportunities in the Cayman Islands, Florida and the Bahamas and found the value to be significantly better in Jamaica."
Property buyer Robert Lawrence from Westchester, Pennsylvania.
"The Palmyra has redefined luxury real estate on the island. We see The Palmyra as a veritable jewel in any investment portfolio."
Dawn Ruddock, Coldwell Banker Jamaica
Since 2000, Jamaica has attracted close to US$ 3 billion in foreign direct investment and created an in-flow of international expertise to help transform their economy. In 2005, Jamaica was ranked 17th by World Investment Report for foreign direct investment, a remarkable feat for this 2.6 million nation.
Source: The Planning Institute of Jamaica
CARIBBEAN NEWS DIGITAL (22/05/2008)
Jamaica's Palmyra Resort Partners with Solis Management
"Luxury the Solis way" takes on new meaning this fall with the opening of The Palmyra Resort & Spa in Jamaica. Solis Hotels & Resorts will manage the resort to be known as Solis The Palmyra with an eye toward creating a world-renowned luxury destination.
WALL STREET JOURNAL (11/04/2007)
Frantic Hotel Development on the Mellow Island
"Jamaica is known for its mellow lifestyle tropical vistas and soothing reggae music but there is nothing laid back about the pace of hotel room construction on the Caribbean island." Read More...
NEW YORK TIMES (21/04/2006)
Escapes: Breaking Ground
"Part of Jamaica's increased appeal is owed to a new wave of real estate that compromises nothing, offering buyers the very best recreational amenities, luxurious homes and the option to participate in a rental program when not in residence" Read More... / Website
THE FINANCIAL TIMES (18/11/2006)
A Boom In Bonds Playground
"Jamaica is an island of extremes. On one side it is half-built roads, run-down shacks, a country saddled with grim poverty, drug-fuelled social problems and crippling national debt. On the other, it is a lush paradise, blessed with constant full of friendly people and home to pockets of extraordinary wealth" Read More...