Ocho Rios Town Centre

The cruise-port heart of Ocho Rios, walkable, beachfront and the town's prime short-let zone.

Updated June 17, 202611 min read

About Ocho Rios Town Centre

Ocho Rios Town Centre wraps around the cruise pier, Island Village, Turtle Beach and a dense run of shops, craft markets and restaurants. It is the most walkable and rental-liquid part of town, where cruise-day footfall and a steady stream of excursion visitors keep central condos and apartments in constant short-let demand. For investors prioritizing occupancy, the town centre is the prime play: condos and apartments run from roughly US$170,000 to US$450,000, around US$280-$380 per square foot, with gross short-let yields of 7-8.5% in strong years. Appreciation tracks about 5% annually. Foreigners buy freehold with the standard 2% transfer tax and legal fees of 1.5-3%; factor in strata and management fees for net returns.

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Location

Ocho Rios Town Centre in Ocho Rios, Saint Ann 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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