Grenada Property offers the highest quality 5 star resort in the Caribbean. Bacolet Bay Resort & Spa Grenada.
Front line beach development on the Spice isle, West indies.
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A Caribbean Property - Why Bacolet Bay Resort and Spa ?

Set in a perfect location bordering lush rainforest and warm seas with white sand beaches, Bacolet Bay Resort and Spa is set in a private position within a quintessential bay that fronts the Caribbean and offers spectacular sea and mountain views whilst being conveniently close to the capital, St Georges.

Bacolet Bay Beach

The luxurious resort will spread over 41 acres of tropical gardens and comprise a mix of apartments, villas and hotel cottages offering state-of-the-art facilities including, spa and fitness centre, beachfront bars and restaurants.

It is intended that under the lease-back agreement units will be placed in a rental pool and managed by a major US based hotel group. This high-end resort is then set to command net yields between 11 and 14%, plus the developers have negotiated attractive tax concessions for Bacolet Bay investors. Hotel Cottages are available from $460,000 and typically 70% LTV mortgages are offered by Caribbean banks, therefore investors can purchase their own piece of paradise with £92,000 cash plus legal costs.

5 star resort set in 41 acres of tropical gardens

70% LTV mortgages are typically available enabling investments from £92,000 plus legal costs.

An international, luxury hotel management company is being appointed
to manage and promote the resort

Retaining high net yields after management costs plus owners
will receive 4 weeks personal use a year

Annualised return on investment is forecast to be 65%

 

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