Jamaica´s Palmyra Nabs $100 Million in Sales

The Palmyra Resort & Spa at Rose Hall has proven that the renaissance on Jamaica´s Gold Coast is in full swing, as reservation holders from around the world flew into Montego Bay, Jamaica, May 5-6 to attend its Priority Selection Event held at the neighboring Ritz-Carlton Golf & Spa Resort.

The premier luxury beachfront community reached $100 million in sales for its high-end villas and residences, resulting in the complete sellout of the community´s Sabal Palm building and a significant number of residences in the Silver Palm building from the development´s first phase offering.

New Palmyra residents will be able to begin using their residences in late 2007 when construction of Phase I, which includes two condominium buildings, villas, the ESPA and restaurant, is scheduled to be completed.

Located on 16 acres of pristine waterfront property in Montego Bay, The Palmyra offers world-class amenities and unparalleled indulgence in a tropical village setting.

The Palmyra will provide a value-added lifestyle with an inherent investment opportunity that ranges from the $400s to $5 million.