Norman Manley Boulevard

The main resort artery along Seven Mile Beach, condos, resorts and the densest rental corridor.

Updated June 17, 202611 min read

About Norman Manley Boulevard

Norman Manley Boulevard is the long resort artery running the length of Seven Mile Beach, lined with all-inclusive resorts, condo developments, restaurants and beach clubs. It is the operational heart of Negril's rental economy, where managed condo schemes and resort residences offer turnkey short-let investment with built-in management and beach access. The investment profile is income-focused with broad appeal. Condos and resort residences run from roughly US$180,000 to US$600,000, around US$300-$400 per square foot, with gross short-let yields of 6.5-8.5% thanks to professional management and steady occupancy. Appreciation tracks about 5-6% annually. Foreigners buy freehold with the standard 2% transfer tax and legal fees of 1.5-3%; strata and management fees should be netted into returns.

Location

Norman Manley Boulevard in Negril, Westmoreland Parish, Jamaica

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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