The family of reggae music icon Bob Marley has placed the Marley Resort and Spa on the market for almost $10 million, the property’s real estate agent Gavin Christie told Guardian Business.
According to Christie, last year the Marley family, which has assets globally, became open to selling the resort. The property was formally brought to the market in December last year.
Christie said an initial buyer began the process of attaining the funds to purchase the resort last year, but the deal fell through.
Now the 21-bedroom property is listed on the website of real estate company C.A. Christie at $9.5 million.
While the boutique property has come on the market in the midst of a global pandemic and floundering markets, Christie said it is too early to tell if the property will be a difficult sell in these times.
“We hope the banks don’t go on the defensive,” he said. “That won’t be good for the local economy.”
Christie said the property is a great opportunity for a buyer interested in a boutique property that has the potential for expansion.
He said the properties surrounding the Marley Resort are being put on the market, expanding the opportunities to grow the resort’s acreage.
According to information on the Marley Resort’s website, the property was once the “private vacation home for the Marley family”.
“Bob and Rita Marley discovered this former governor’s mansion on a visit to Nassau, while they were recovering from an assassination attempt in Jamaica in 1976,” the site notes.
“The property’s lush gardens and oceanfront location provided a respite for the Marley children to balance with life in the mountains of Jamaica.”
It is not known whether the Marley family will allow the Marley name to be used when the property is sold. The family has licensing agreements across the world for the use of the Marley name.