BUCCAMENT BAY RESORT
FROM 125,000 GBP STERLING
187.500 EUROS
Description
St Vincent is a stunningly beautiful Caribbean country that has remained largely unspoilt from the ravages of tourism. Up until recently, there has not been a major international airport on the island and country has been able to remain an exclusive and relatively undiscovered jewel of the Caribbean.
A new International airport, which is scheduled for completion in 2011, and the English Cricket team playing their warm up games on the island during the 2007 Caribbean World Cup, have fuelled an interest in St Vincent and as such the government have spearheaded this ambitious and remarkable project.
The Western coast of St Vincent is no stranger to having its beauty portrayed on film, the Disney film 'Pirates of the Caribbean' was shot in the next bay along from Buccament Bay and the two sequels are currently being shot on the island. Both films are due for release later this year. St Vincent will undoubtedly benefit from a greater public awareness with these major releases.
Due to St Vincent being a volcanic island, it currently has darker volcanic sands but the finest white sand is being imported from Guyana to replace the existing beach.
Rental occupancies for neighbouring St Lucia and Barbados currently run at over 80% and with property prices a fraction of those of it's West Coast neighbours, the rental returns are likely to be incredibly substantial in the next few years.
We are delighted to announce the opening of the 'Buccament Bay' resort in the exclusive and unspoilt Caribbean island of St Vincent.
Not only does this complex offer a beautiful home in paradise,
It also offers one of the finest investment opportunities in recent years with prices a quarter of those in neighbouring St Lucia and Barbados.
'Buccament Bay Resort' will nestle in the beautiful bay of the same name. Only a 15 minute drive from the existing and proposed airports, the resort is superbly positioned on the Western coast. 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.
The finished resort will have a mixture of properties, from studio apartments to four bedroom plantation houses residing in their own landscaped grounds. Facilities will include a gymnasium, full hotel facilities, pools, spa and casino.
The cabanas make up the infrastructure of the hotel supplying five star rooms with the freedom of your own private villa. 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. This provides an excellent investment opportunity and the fulfilment of a lifelong dream to own property in the Caribbean.
Rental occupancies for neighbouring St Lucia and Barbados currently run at over 80% and with property prices a fraction of those of it's West Coast neighbours, the rental returns are likely to be incredibly substantial in the next few years.
The Cabana's come fully furnished to a five star standard as necessary for the hotels envisaged classification, whilst furniture packages will be available for the apartments and villas.
PRICE LIST: Prices for the Buccament Bay Resort (correct as of 6th November 2006) are as follows:-
Apartments : (Fully Furnished)
Studio Apartment 688 sq ft from £125,000
1 Bed Apartment 827 sq ft from £150,000
2 Bed Apartment 1,139 sq ft from £175,000
2 Bed Apartment (end terrace) 1,336 sq ft from £200,000
Penthouse Suites from £750,000
Cabanas : (Fully Furnished)
1 Bed Cabana 700 sq ft £250,000
1 Bed Deluxe Cabana 900 sq ft £275,000
2 Bed Cabana 1300 sq ft £375,000
2 Bed Plantation Cabana 1672 sq ft £495,000
3 Bed Plantation Cabana 2,064 sq ft £595,000
4 Bed Plantation Cabana 2,524 sq ft £750,000
All of the above come with a 10% guaranteed rental for 2 years, then 5 years 50% room rate share.