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For sale
Somerset Falls being sold for US$2.2m.
Business
July 20, 2022

For sale

Popular tourist destination Somerset Falls located in Hope Bay, Portland, is up for sale.

The sale of the property was announced through a social media post inviting interested buyers to take up the offer.

The proposed sale price for the property is US$2.2 million.

Somerset Falls is a 15-acre resort with multiple waterfalls situated on a total of 150 acres of land.

Currently, the property is being operated as a tourist attraction with swimming pool and water features, a restaurant and tour to the falls.

The sale notice indicated that “The real potential though is what you could turn it into,” hinting that the property could be perfect for a holistic retreat, eco-tourism destination, a rehabilitation centre or yoga haven.

The operators also noted that whomever chooses to purchase the property will benefit from its increased value and traffic when the south coast highway which is currently under construction is completed.

But this is not the first time, the operators of Somerset Falls have attempted to sell the property. In 2015, Andrew Azar placed the property on the market.

By 2018 the operators of Somerset Falls started to raise concerns about the business following an unusual shortage of rainfall in the parish of Portland which caused rivers to dry up, affecting the core business of the destination site.

In 2019 manager at Somerset Falls Jason Puran disclosed that the falls went dry for about six months as a result of drought conditions but noted that business started to pick up by December of that year.

When contacted by Jamaica Observer, the real estate agent contracted to oversee the sale of the property said the reason behind the sale at this point is unclear, but hinted that the owner resides in Kingston and said that the property might be too far away to monitor and operate for the owner.

Notwithstanding, the seasonal falls are at their best during the rainy months of June to November. The waterfall boasts formations ranging from 5 feet to as high as 32 feet.

Centuries ago, the property was occupied by Spanish colonisers who settled in Jamaica. Many aqueducts and dams built by them during that period managed to be preserved enough to still be evident at the site centuries later.

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