Property Investment in the Caribbean
ST VINCENT & THE GRENADINES: BUCCAMENT BAY RESORT
Investment Opportunity: 2 years rental guarantee at 10% followed by 5 years 50/50 split of the room income! Excellent payment terms.
St Vincent and the Grenadines is one of the quieter unspoilt islands in the Caribbean. With current international connections via St Lucia, a new international airport scheduled to open by 2010 will open up the island's tourist market, already highly sought after by Americans.
Experienced Caribbean lovers will be aware that on neighbouring islands, West coast properties command a substantial premium as they boast the quieter, more sedate waters of the Caribbean sea as opposed to the Atlantic.
Welcome to Buccament Bay, St Vincent's newest front line beach resort and one of the largest ever built in the island!!
The finished resort will have a mixture of properties, from studio apartments to four bedroom villas in their own landscaped grounds. Facilities will include a gymnasium, full hotel facilities, pools, spa and casino.
Rental occupancies for neighbouring St Lucia and Barbados currently run at over 80% and with property prices a fraction of those of its West Coast neighbours, the rental returns are likely to be incredibly substantial in the next few years.
Properties available are divided between studios, one and two bed apartments in the hotel resort and independent villas"cabanas" situated in the hotel grounds and benefitting from all the facilities. Aimed at the investment market the cabanas come fully furnished with air-conditioning and free occupancy for the owner one month per annum. The whole complex will be run as a hotel, much as the famous 'Plantation Beach' in St Lucia. An offshore floating galleon, modeled on the Pirates of the Caribbean will shortly take place as a floating restaurant. Prices include all furnishings.
For more information go to St Vincent.
Payment Schedule
£1000 reservation deposit
- 10% after 15 days (less the reservation fee)
- 20% after 45 days.
- 70% guaranteed Mortgage at Completion
Please note that 100% financing is also available, subject to status. Please enquire for details.
Rental Guarantee:
10% for 2 years and the 50/50 room rate split for a further 5 years
4 weeks own use
Prices for the St Vincent Resort are as follows:-
Apartments : (Fully Furnished)
- Hotel Suites from £115,000
- Studio Apartment 688 sq ft from £145,000
Cabanas : (Fully Furnished)
- 1 Bed Cabana 700 sq ft £285,000
- 1 Bed Deluxe Cabana 900 sq ft £350,000
- 2 Bed Cabana 1300 sq ft £495,000
For more information go to St Vincent.
Destination Sun Homes Ltd will take care of all of your customer care needs, including organising inspection visits, reassuring you on concerns and general queries, providing contracts and being your link and local contact for all our Caribbean property enquiries. For more information, call 0845 643 1038 or info@destinationsunhomes.com
