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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 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 it's West Coast neighbours, the rental returns are likely to be incredibly substantial in the next few years.
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.
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.
Payment Schedule
£1000 reservation fee
OPTION 1
30% deposit and
70% non status Mortgage at Completion
OR
OPTION 2
Financing 100% (* subject to status)
30% financing by lending institution at exchange
70% non status mortgage at completion.
We would be delighted to answer any further questions you have regarding the exciting opportunity as well as helping you to make your reservation in the Caribbean.
Prices for the St Vincent Resort are as follows:-
Apartments : (Fully Furnished)
Studio Apartment 688 sq ft from £155,000
1 Bed Apartment 827 sq ft from £175,000
2 Bed Apartment 1,139 sq ft from £255,000
2 Bed Apartment (end terrace) 1,336 sq ft from £305,000
Penthouse Suites from £750,000
Cabanas : (Fully Furnished)
1 Bed Cabana 700 sq ft £315,000
1 Bed Deluxe Cabana 900 sq ft £385,000
2 Bed Cabana 1300 sq ft £575,000
2 Bed Plantation Cabana 1672 sq ft £725,000
3 Bed Plantation Cabana 2,064 sq ft £810,000
4 Bed Plantation Cabana 2,524 sq ft £895,000
All of the above come with a 10% guaranteed rental for 2 years, then 5 years 50% room rate share.
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