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New Release Buccament Bay St VincentNew Release Buccament Bay St Vincent
St Vincent and Grenadines Off Plan Villas
New Release Buccament Bay St Vincent
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We are delighted to announce the opening of the 'Buccament Bay' resort in the exclusive and unspoilt Caribbean island of St Vincent.
Not only does this complex offer a beautiful home in paradise,
It also offers one of the finest investment opportunities in recent years with prices a quarter of those in neighbouring St Lucia and Barbados.
'Buccament Bay Resort' will nestle in the beautiful bay of the same name. Only a 15 minute drive from the existing and proposed airports, the resort is superbly positioned on the Western coast. Experienced Caribbean lovers will be aware that on neighbouring islands, West coast properties command a substantial premium as they boast the quieter, more sedate waters of the Caribbean sea as opposed to the Atlantic.
The finished resort will have a mixture of properties, from studio apartments to four bedroom plantation houses residing in their own landscaped grounds. Facilities will include a gymnasium, full hotel facilities, pools, spa and casino.
The cabanas make up the infrastructure of the hotel supplying five star rooms with the freedom of your own private villa. Aimed at the investment market the cabanas come fully furnished with air-conditioning and free occupancy for the owner one month per annum.
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.
Rental occupancies for neighbouring St Lucia and Barbados currently run at over 80% and with property prices a fraction of those of it's West Coast neighbours, the rental returns are likely to be incredibly substantial in the next few years.
All studios, apartments, cabanas and plantation house come fully furnished to a five star standard as necessary for the hotels envisaged classification.
Prices for the Buccament Bay Resort (correct as of 6th November 2006) are as follows:-
Apartments : (Fully Furnished)
Hotel Suites from £115,000
Studio Apartment 688 sq ft from £145,000
1 Bed Apartment 827 sq ft from £175,000
2 Bed Apartment 1,139 sq ft from £225,000
2 Bed Apartment (end terrace) 1,336 sq ft from £275,000
Penthouse Suites from £750,000
Cabanas : (Fully Furnished)
1 Bed Cabana 700 sq ft £285,000
1 Bed Deluxe Cabana 900 sq ft £350,000
2 Bed Cabana 1300 sq ft £495,000
2 Bed Plantation Cabana 1672 sq ft £650,000
3 Bed Plantation Cabana 2,064 sq ft £750,000
4 Bed Plantation Cabana 2,524 sq ft £825,000
All of the above come with a 10% guaranteed rental for 2 years, then 5 years 50% room rate share.
We are pleased to offer new payment options on our properties in the Caribbean.
We are giving you the option by which after you have paid the first 30%, the rest of the stage payments can be made as follows:
We have an arrangement by which we shall be making the payments on your behalf which is being supported by our bankers in the Caribbean.
We are appointing an independant quantity surveyor who will be inspecting the works undertaken at each stage and on this report the bank will forward us the funds related to the work undertaken. The customer will be charged the interest only that relates to the amount of money that the bank releases. The interest rate will be the rate charged at the time by the bank.
This process gives you the peace of mind that the work is progressing well and that the bank is watching and looking after your investment.
Once the property is ready the 70% is due, which you can pay in full or within the six months prior to completion, can arrange a mortgage with the bank in the Caribbean (subject to status).
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