Opportunities for foreign nationals to invest in India's red-hot property market are rare occurances, and this beautiful tropical resort is fully developed and in a popular tourism region.

Fully Developed Tropical Island Resort for sale. Region: India. Asia.

Price: US $ 800 000.

Status: For Sale.

Size: 4 Acres.

Location: Kollam (Quilon), Kerala, South India.

Palm Lagoon Tropical Island Resort, Kerala, India.

Palm Lagoon is a fully developed Tropical Island Resort encircled by the Back-Water of Kerala. ( Back-Water is a net work of lakes and lagoons which is formed by the inflow of sea water from the Arabian Sea to the inland.) This sea water lake is very peaceful and connected to the sea, but free from the rough waves and weather of the sea.

Palm Lagoon is connected by a narrow strip of village road from the main land which theoretically makes it a peninsula and practically gives the perfect privacy of an island and all the conveniences of the main land. The whole land is fully covered with Coconut Palms and other tropical garden plants. Palm Lagoon always gets the cool breeze from the lake and gives a pleasant stay 365 days a year.

Location:

The state, Kerala is situated on the South Western tip of India. Kerala is the most literate state in India and one of the fastest growing tourist destinations in the world. Kollam is a small town in the South of Kerala and Palm Lagoon is located at 20 KM North-East of Kollam. The lake is opened to the Arabian Sea and Palm Lagoon is accessible by water from any where in the world.

Nearest Air Port: Trivandrum (Thiruvananthapuram) International Airport. (80 KM)

Maldives/ Srilanka. 45 Minutes by Air.

Nearest Railway Station: Kollam. ( 20 KM)

Buildings and other facilities.

Palm Lagoon has 11 lake side Luxury Bungalows ( Each having 400 Sq. feet area), a spacious restaurant, Swimming pool, Office and Reception, Kitchen, store room, staff room etc. Excellent drinking water is available from the wells in Palm Lagoon. Electricity, land line telephone, Cell phone and internet connectivity available.

Ownership Details.

This property was formerly owned by an Indian. Five years back a company was incorporated to own the property and 50% shares were bought by an English man. Now it is jointly owned by Indian and English partners each having 50% shares. Now both the partners are planning to sell Palmlagoon to make a joint investment in a new project in India.

All the documents of the property are perfect. Now, in India 100 % foreign investment is allowed in tourism sector. So legally it is possible for foreign nationals to have full ownership of the land property by having 100 % shares of the company which owns the property.