FAPO_CAR_062 - St Vincent and the Grenadines - Prices from £95,000
Prices from £95,000. Due for completion in 2010 and the only 5 star resort on St Vincent’s a fantastic opportunity has arisen to purchase one bedroom semi detached cabanas through to four bedroom plantation houses in a luxury 5 star spa resort. *2 years guaranteed rental at 10%. *30 days personal usage and no capital gains tax to pay for 20 years. *£1000 reservation fee and nothing else to pay until completion *Assisted finance available
Main summary
Due for completion in 2010 and the only 5 star resort on the island a fantastic investment opportunity has arisen to purchase one bedroom semi detached cabanas through to four bedroom plantation houses and spa villas in a luxury 5 star spa resort
In addition to the cabanas a choice of fully furnished studios, one and two bed apartment suites, penthouse suites, three and four bed plantation houses are available. All properties are maintained, managed and rented through an on-site world class hotel company. This is a wonderful investment opportunity with over 80% rental occupancy throughout the year and the added benefit of 30 days free use per annum for the investor.
The whole complex is run to the highest standards with the resort being refurbished every 5 to 7 years; from the hotel to the plantation houses.
With no capital gains tax to pay for 20 years, no inheritance tax and no tax on dividends and now a new international airport to be completed in 2011 giving greater access to the Grenadines this is an investment opportunity not to be missed.
The investors are guaranteed the following:
•70% guaranteed mortgage
•Assisted finance available – the monthly interest payment on the 30% deposit will be paid by the
developer with 30 days FREE use per year
•Two year 10% RENTAL GUARANTEE followed by 50% net room rate share
A number of private residences are also being built to cater for clients wishing to purchase a second home; these range from studio apartments to 4 bedroom detached houses.
Amenities
· On site management company
· Concierge service
· Beachfront restaurant and bar ( Trader Vic’s )
· Beach club
· Shopping mall
· Diving and water sports centre
· Casino
· Live music venue
· Business conference centre
· Fitness centre
· The Sports Academy offers expert football, cricket, golf and tennis coaching for both children and adults
· Pat Cash tennis Academy
· Planned 18 hole Gary Player designed golf course
· Luxury spa development within the resort
· Library
· Kids Club and Teen Club
· Baby sitting service
Location summary
Only a 15 minute drive from the existing and new international airport, the resort is superbly positioned on the Western coast of St Vincent’s. 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 ideal for snorkelling and diving.
Prices:
Studio Apartments from £155,000
Studio Suites from £175,000
One bedroom Apartments from £210,000
Two Bedroom Apartments from £255,000
Two Bedroom wrap around Apartments from £305,000
One Bedroom Semi Detached Cabanas from £315,000
Two Bedroom Semi Detached Cabanas from £575,000
Plantation Two Bedroom Villas from £725,000
Plantation Three Bedroom Villas from £810,000
Plantation Four Bedroom Villas from £895,000
Waters Edge Two Bedroom Suite £450,000
Three Bedroom Penthouse Suites from £775,000
One Bedroom Garden Spa Villas from £695,000
One Bedroom Island Spa Villas from £795,000
Two Bedroom Island Spa Villas from £950,000
Private residences
Studios from £95,000
1 bedroom apartments from £140,000
2 bedroom apartments from £165,000
2 bedroom garden villas from £220,000
3 bedroom Garden Villas from £285,000
4 bedroom houses from £485,000
Payment terms
Reservation Fee £1000, 30% due 45 days after the initial reservation fee has been paid, 70% due on completion. Assisted finance arrangements including the 30% deposit are available, subject to status.
Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceoverseas.com cannot be held responsible for any inaccuracies.