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Realtor considers buying High Hope property

Published:Friday | September 11, 2015 | 11:49 AM
Realtor Maura Watson

Maura Watson, a realtor with DC Tavares & Finson Realty Limited, says she is considering buying the High Hope Wiltshire property, an 87-acre property overlooking the Montego Bay coastline that she has been trying to sell on behalf of an unnamed Canadian client.

The asking price for the property has been discounted to US$850,000, plus closing costs, by its owner. The previous price tag was US$900,000.

Watson is suggesting that if other investors join her in purchasing the property located at in Content, they would each get access to their own cottage and the 6,000 square-foot Maffesanti-built custom villa.

Watson has been trying to sell the property since last year when High Hope Wiltshire was offered at auction.

She told Sunday Business that she "has a great love for this property, but does not have the means to purchase it in its entirety". Alongside herself, the realtor is seeking nine investors willing to invest US$$90,000 each.

"Each investor will have a tenth ownership and each investor will have their own cottage and can finish it to their taste and design," she said. How often can you become an investor for only US$90,000 and be part owner of 87 acres, a 6,000 square foot villa, with high-end furnishings and have your own 1,200 square foot cottage?"

Watson suggests that the main villa could be rented to tourists and funds earned from the rental used to renovate the property.

Additionally, she said she has plans for an infinity pool, resurfacing the road to the property, turning the barn into a spa, introducing organic farming, and developing the land.

"It will become a very exclusive villa," she said.

Watson added that her proposal might be unusual, but sincere. "I know this is not the norm, but I see the potential for this property and the vision for its success. I have stayed at High Hope and the view, the landscape, the breeze, and sound of the birds is just breathtaking," she said.