Friday, 3rd Sep 2010

Bacolet Bay, Grenada, Caribbean

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BACOLET BAY OVERVIEW
  • 5 star resort set in 41 acres of tropical gardens state-of-the-art facilities
  • 70% Mortgage “Paid For Life”
  • Managed by one of the world’s most innovative luxury resort operators
  • World class spa, leisure and dining facilities
  • Currently only 1,200 beds on the island of Grenada targeted to rise to 2,700
  • Retaining high net yields of between 11.3% and 14.3%
  • Owners receive 4 weeks personal use per year
  • Well located within 20 minutes drive from St. George’s & Airport
  • With direct flights available from Europe & North America tourist numbers are increasing
  • Grenada is a rapidly emerging real estate market
 

Spread over 41 acres of tropical gardens, the Bacolet Bay exclusive resort and spa is nestled amongst tropical flora with breathtaking views across the Caribbean Sea and rainforest covered mountains ON THE ISLAND OF GRENADA. This world class premium resort features a 200 metre white sand beach and secluded bay with hotel facilities that are second to none.

Currently there are only a handful of 5-star hotels & resorts on Grenada. Occupancy rates stand at 89% during the peak season. Grenada was included in the top 10 markets for future growth in the Citi Group Annual Wealth Resort 2008. The investor can choose to receive anticipated rental income yields of upto 14% P.A or have their mortgages “paid for life”. Finance upto 70% is available (subject to status) with prices from $550,000.

* subject to status

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Development Highlights
  • Beach Front Location
  • STUNNING Views
  • Occupancy density of just 12%
  • Luxury villas with own pools
  • Luxury Spa & gymnasium
  • Poolside restaurant and bar
  • FULLY MANAGED BY HIGH END HOTEL GROUP
Properties Available
  • Hotel Cottages
  • 2 Bed Apartments
  • 1 Bed Villas
  • 2 Bed Villas
 
  • from $550,000
  • from $660,000
  • from $730,000
  • from $1,065,000
  •  



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