Saturday 04 September 2010
Bacolet Bay Resort & Spa, Grenada – Hotel Resort Property For Sale - Investment in the Caribbean
Bacolet Bay Resort & Spa, Grenada – Hotel Resort Property For Sale - Investment in the Caribbean
- 5 star resort set in 41 acres of tropical gardens
- Prices from £310,000
- Managed by West Paces Hotel Group
- World class spa, leisure and dining facilities
- Currently only 1,200 beds on the island of Grenada targeted to rise to 2,700
- High net yields of between 11.3% and 14.3%
- Owners receive 4 weeks personal use per year
- 200 metre white sandy beach
- Well located within 20 minutes from St George International Airport
- Purchase taxes waived of 15% (Bacolet Bay investors pay 0%)
- Easily accessible with direct flights from Europe and America
- Grenada is a rapidly emerging real estate market
- Below market value
- Suitable for inclusion for Self Invested Personal Pensions (SIPP) †
- Completion due the end of 2010
