EXCLUSIVE CARIBBEAN RESORT — FIRST PHASE DISCOUNTED PRICES
Global Launch Jan 2007
Enormous discounts and tax reductions for first 50 buyers
Fastest-growing tourism market in the Caribbean
Chic garden apartments and private villas set in 41 acres of lush tropical Gardens—all with stunning views
5-star resort, state-of-the-art spa & fitness centre, tennis courts, beachfront bars & restaurants, 200m white sand beach & secluded jetty
20 mins from capital St George’s & international airport, with direct flights from US, UK & Europe
One of the less developed islands in the Caribbean and with a shortage of high-quality property, Grenada is a wise choice as a property investment destination. With tourism thriving on nearby islands, the Grenadian government are now turning their attention to promoting tourism on their own piece of paradise. Benefits such as tax exemptions and customs concessions for investors in tourism are being implemented, and substantial infrastructure improvements are taking place. As a result, the World Travel and Tourism Council has predicted tourism growth of 5.5% per year between 2006 and 2015, far above the average for the Caribbean as a whole.
Grenada’s tourist market is supported by direct flights from the UK, USA and Continental Europe, as well as by two downtown cruise ship terminals which received over 245 cruise ship visits holding over 240,000 passengers between October 2005 and April 2006. Grenada is also to host the ICC Cricket World Cup in 2007. As well as Bacolet Bay, a new marina, new commercial centre, a duty-free shopping mall and a planned golf resort will increase the island’s desirability over the coming months.
Location
Renowned for its picturesque, mountainous interior of rainforests and waterfalls and its coastline of protected bays and secluded beaches, Grenada is the last undiscovered jewel of the Caribbean. As one of the few islands which has remained unspoilt by tourism, Grenada, offers a rare opportunity to enjoy the real soul of the region, with colourful clothing, aromatic Creole cooking, vibrant calypso music and tranquil palm-fringed beaches.
The Properties
With 41 acres of tropical gardens, a 200m white sand beach and a secluded bay, the development Resort and Spa will offer endless opportunities for leisure and relaxation in an exclusive, luxury setting. The resort itself will be low-density with residential areas nestling amongst tropical forests, whilst the hotel & spa will provide state-of-the-art leisure facilities and the highest quality restaurants and bars.
All owners will have full access to the spa, fitness and sports centres and to the beachfront bars and restaurants which will offer the finest cuisine from local Creole cooking and Caribbean cocktails to international 5-star A La Carte and fine wines.
Currently there are only a handful of 5-star hotels and resorts on Grenada. Occupancy rates stand at 89% during the peak season, whilst a conservative estimate for future occupancy rates over the year is 65%. This means that the smallest hotel room has the potential to generate up to $93k per annum, and Bacolet Bay is set to join the high end of the market.
Those who purchase before the Global Launch in 2007 will benefit from entry into the market at an unrivalled price, with phenomenal opportunities for growth and substantial tax benefits. 70% LTV mortgage are available in the Caribbean.
Amenities
Properties fully fitted to a 5-star standard
Spa and fitness centre with tennis courts
Beachfront bars and restaurants
200m private white-sand beach
41 acres of shady tropical gardens
Infinity-edge pools, courtyard pools,private plunge pools
Swimming, snorkelling & watersports
24-hour security
Hiking & biking trails
Sheltered jetty for small craft
Prices
2- Bedroom Apartments from $300,000
1- Bedroom Villas from $650,000
2- Bedroom Villas from $350,000 |
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