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Investment Property » For Sale » Grenada » Caribbean » Bacolet Bay Spa & Beach Resort    

Bacolet Bay Spa & Beach Resort


Location

Grenada
Caribbean
West Indies

Price

$400,000
to $525,000

Delivery date: 2009
Max rental return: 12.68%
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Property ID: 351121






















     
 

 Description

Key selling points

  • 5 Star Spa & Beach Resort
  • 200 Metre White Sandy Beach
  • Hotel Cottages with Minimum 9% Guaranteed Rental
  • FREE Furniture Packs
  • Only 15% Deposit
  • 4 Weeks Free Usage Per Year

Just when you thought your dreams of owning a beach front property in the Caribbean were over along comes Bacolet Bay Spa & Beach Resort in Grenada. The Caribbean market is about to get interesting. Not only does this stunning Caribbean resort have it’s own secluded 200 metre white sandy beach but the developer is offering a minimum 9% guaranteed rental on all Hotel Cottages plus FREE furniture packs for all clients.

With direct flights from the UK for £199 and one of the best beaches in the world Grenada is an investors dream. ‘This new 5 star resort will be the envy of the region’ The Honourable Brenda Hood, Minister for Tourism, Grenada. Located on the southern shore of Grenada Bacolet Bay Spa & Beach Resort is a new 5 star resort due for completion at the end of 2009. The resort will consist of a 5 star hotel, restaurants, bar wellness centre and spa including a fully managed 5 star rental program. The summer may be over in the UK but it is just getting started in the Caribbean.

Having just returned from the stunning island of Grenada in the south of the Caribbean and are excited to present Bacolet Bay Spa & Beach Resort. Tipped to be a world class resort. Bacolet Bay Spa & Beach Resort is a fully managed hotel and beach resort consisting of Apartments, Cottages & Villas. The resort has a wealth of facilities including swimming pools, restaurants, spa & wellness centre, tennis courts and even a wedding chapel.

Bacolet Bay Spa & Beach Resort is a 5 star resort with 5 star hotel, Apartments, Villas and Hotel Cottages. The development also consists of the following:

1. 5 star luxury hotel resort 2. Stunning uninterrupted sea views 4. Own secluded 200 meter beach 5. Cottages & Apartments have own plunge pools 6. Views into St David Bay 1. State of the art wellness centre and spa 2. La Carte Restaurant 3. Hotel restaurant and bar 4. Restaurant & pool complex 5. Golf buggy transport throughout 6. Resort management 7. 2 tennis courts 8. Jetty restaurant 9. 50 meter boardwalk 10. Sheltered jetty 11. Fitness centre 12. Private mooring jetty 13. Traditional Grenadian Wedding Chapel As the Tetra Hotel Cottages are located in the most desirable location in the resort with sea views and are closest to the hotel facilities, the hotel is offering minimum 9% guaranteed rental. This means that each property owner will be paid a minimum 9% rental return based on the purchase price but where the rental return is higher than 9% the owner will be paid 50% of the room rate, whichever is the higher amount.

 
     
     
 

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