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Buccament Bay St Vincent [ SOLD ]  Region: West Coast  Price: USD $ 520 449  Bedrooms: 1  Property Type: Villa  Development State: Off Plan

Features: Pool, Terrace / Deck Amenities: Tennis Court, Shops, Bars & Restaurants, Near beach resort, In beach resort, On the Sea, Near the Sea, Near mountain, In vacation place, Gymnasium, Childrens Swimming Pool, Sea View, Near Spa Resort, In Spa Resort, Nightclubs / Casinos, By the Sea, Childrens Playground, Sauna, Jaccuzi, By a river, Near a river, River View, Mountain View Description:
Buccament Bay, St Vincent, West Indies
Type 'A' 1 Bedroom Cabanas 700 sq ft from £295,000

1 Bed 900 sq ft De-Luxe Cabana from £375,000

GUARANTEED 10% RENTAL FOR 2 YEARS, THEN 50% ROOM RATE SHARE FOR 5 YEARS...SOLD FULLY FURNISHED

100% FINANCE PACKAGE OFFERED (subject to status)

A new devepoment of studios, one and two bedroom apartments and 1,2, 3 and 4 bedroom Cabanas in the beautiful island of St. Vincent.

NO CAPITAL GAINS TAX
NO INCOME TAX FOR 20 YEARS
GUARANTEED 10% RENTAL FOR 2 YEARS

FOLLOWED BY A 50% ROOM RATE SHARE FOR 5 YEARS.

GOVERNMENT INCENTIVES

Due to the development being government backed, there are no capital gains tax to pay in St Vincent and no income tax to pay for the first 20 years.
The whole complex will be run as a hotel, much as the famous 'Plantation Beach' in St Lucia. This provides an excellent investment opportunity and the fulfilment of a lifelong dream to own property in the Caribbean.
Due to St Vincent being a volcanic island. The sand is currently volcanic but the finest white sand is being imported from Guyana to replace the existing beach.
The development will boast fantastic facilities, including:
3 Swimming Pools
White Sandy Beach
Casino
Spa
Gym
Tennis & Squash Courts
Sports
2 Restaurants
2 Bars
Beach Bar & Restaurant
Water feature flowing throughout the resort
Full Conference Facilities

GUARANTEED 10% RENTAL FOR 2 YEARS

All apartments will be supplied fully furnished to a standard fitting of their expected five star status. Each apartment comes with a guaranteed 10% rental return per annum for 2 years. Owners will have full freehold ownership & can use their property for up to one month within a year. From £250,000

FULLY FURNISHED

All properties will come fully furnished (unless the client does not wish the property to be entered into the rental scheme) to a standard expected of a five star resort. The furnishings are being managed by the same team who furnished Sandy Lane and the Colony Club in Barbados and 'Le Sport' in St Lucia.

PAYMENT TERMS.

£1000 reservation fee will hold the apartment for 15 days (subject to negotiation), whilst client carries out viewing trip and/or checks out the contract.

10% deposit upon receiving contract.
20% within the next 45 days
25% by completion of the foundations
25% by completion of the superstructure
15% by completion of the roof
5% by completion
Purchase taxes of up to 5% will need to be added to the purchase cost at completion.
Finance can be arranged up to 70% of the value of the property subject to status.

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