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St Vincent is one of the 32 St Vincent & The Grenadines islands, known as Jewels of the Caribbean. Regarded as a sailors’ paradise, the turquoise waters that surround these volcanic isles are considered some of the best cruising grounds in the world and are home to a wonderful array of marine life making it perfect for snorkelling and diving.

Still largely untouched by tourism and with its secluded coves and spectacular backdrops of high mountains cloaked in lush tropical forest and cascading waterfalls St Vincent is an authentic and unspoilt tropical haven.

Situated on the southwest coast of St Vincent the Bay Beach Resort is a 15 minute drive from both the existing and proposed airports. The wide bay enjoys the calm waters of the Caribbean Sea and is an ideal location for snorkelling and diving.

Built to the highest specification and offering state-of-the-art facilities it will be the first luxurious 5 Star family-oriented resort on St Vincent. The target audience is wealthy tourists who may currently stay at 4 & 5 Star hotels on other Caribbean islands.

Facilities will include a gymnasium, full five star hotel facilities, pools, spa and a casino. An 18 hole golf course is also planned just 10 minutes away. The resort will consist of 190 one and two bedroom cabanas including nineteen plantation houses with their own plunge pool and veranda. The resort will also have four apartment buildings. The building of the resort is well underway and the opening is scheduled for Summer 2010.

• Investment/Off Plan
• Sea Views
• Golf Property
• Beach Property
• Bank Guarantees
• Mortgages
• Communal Pools
• 24 hr Security

WHY INVEST?


* St Vincent is a new tourist destination, mostly visited by day trippers from ocean cruisers. It is beautifully unspoilt and underdeveloped and has huge potential for growth, which has been acknowledged and is supported by the government

* Currently there are only 400 rooms available in hotels on the island, and no hotel above a 3 Star, so there is excellent rental potential for the Buccament Bay Beach Resort

* Sunny weather all year round makes it an ideal holiday destination at any time

* Property prices are currently a quarter of those in Barbados so now is the perfect time for an early investment in this market as prices will rise when the resort opens as the island becomes more popular due to the increase in visitors. The proposed International airport, which will be completed in 2011, will also encourage more visitors to the island

* St Vincent operates a favourable taxation regime for international entities which are not subject to tax under the country’s laws. There is no capital gains tax, no inheritance tax and no tax on dividends. Capital and profits may be freely repatriated up to a limit of US$100,000

Bay Resort Payment Schedule

£1000 reservation fee

100% finance available* - the developer pays your monthly payment on the 30% deposit up to completion.

30 days free use per year (excludes SIPP investors)

Two year 10% rental guarantee followed by 50% net room rate share

We will assist investors to obtain finance for completion*

* Subject to status. Terms & conditions apply.

Property details, prices and availability are supplied by vendors or their agents and are subject to change. We cannot be held responsible for any inaccuracies. Thank you. ...more