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The construction of Island Village, a major shopping and entertainment complex, has spruced up 'Ochi.' In 1968, the Jamaica Villa Association (JAVA) was created to represent the growing number of villas in Jamaica. Ocho Rios has seen the rise of luxury villas, with beachfront, ocean, and mountain views. [23] [better source needed]
Imputed rent is the rental price an individual would pay for an asset they own. The concept applies to any capital good, but it is most commonly used in housing markets to measure the rent homeowners would pay for a housing unit equivalent to the one they own. Imputing housing rent is necessary to measure economic activity in national accounts ...
Niche real estate refers to specialized sectors of the property market. Examples include income property, garden real estate , condos , equestrian property , vacation property , farm property , golf property , golf course redevelopment , waterfront homes, beach houses and luxury homes .
However, SuperFun Beach Resort entered receivership in March 2011 and closed in June 2011. [8] While it was an adult-only resort, SuperFun did not allow topless or nude sunbathing. The property was leased to SuperClubs by the Development Bank of Jamaica, while [ 9 ] the hotel's first-ranked secured lenders were Caribbean Development Bank ...
Goldeneye estate. Goldeneye is the original name of novelist Ian Fleming's estate on Oracabessa Bay on the northern coastline of Jamaica.He bought 15 acres (6.1 ha) adjacent to the Golden Clouds estate in 1946 and built his home on the edge of a cliff overlooking a private beach.
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
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Negril is a small, widely dispersed beach resort and town located in Westmoreland and Hanover parishes at the far western part of Jamaica, 80.8 kilometres (50.2 mi) southwest from Sangster International Airport in Montego Bay. [1] Westmoreland is the westernmost parish in Jamaica, located on the south side of the island.