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 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.
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
10% after 15 days (less the reservation fee)
20% after 45 days.
70% non status Mortgage at Completion
OR
OPTION 2 * (unique to this resort)
30% financing by lending institution at exchange (you only pay the interest charged at 6% on the 30% during build period, so no cash outlay!) rolled into mortgage at completion
70% non status mortgage at completion.
Prices for the Buccament Bay Resort are as follows:-
Apartments : (Fully Furnished)
|
Hotel Suites from |
£115,000 |
|
Studio Apartment 688 sq ft from |
£145,000 |
|
1 Bed Apartment 827 sq ft from |
£175,000 |
|
2 Bed Apartment 1,139 sq ft from |
£225,000 |
|
2 Bed Apartment (end terrace) 1,336 sq ft from |
£275,000 |
|
Penthouse Suites from |
£750,000 |
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 |
|
2 Bed Plantation Cabana 1672 sq ft |
£650,000 |
|
3 Bed Plantation Cabana 2,064 sq ft |
£750,000 |
|
4 Bed Plantation Cabana 2,524 sq ft |
£825,000 |
All of the above come with a 10% guaranteed rental for 2 years, then 5 years 50% room rate share.
Contact us today to discuss your St Vincent Property Investment