Property, golf, sauna, telephone, broadband
Ref No. HRQ10144 > Buccament Bay Beach Spa Resort, St Vincent, Windward Islands, Caribbean - Overseas Investment Property Price: £ 570,000 From £570,000Property Type: ApartmentCategory: St VincentLocation: BeachStatus: AVAILABLEBedrooms: 2,3Waters Edge, Buccament Bay Beach Spa Resort, St. Vincent, Windward Islands, Caribbean - Overseas Investment Property. Chic retreat Apartments. Due to the new agreement with Oasis Hotels and Resorts it is indicated that all property prices are to be increased by 20% within the next month . So now is a great time to to purchase a property and gain 20% instant capital growth. We are delighted to announce that work is progressing well at the 'Buccament Bay Resort´ on the exclusive and unspoilt Caribbean island of St Vincent. Not only does this complex offer a beautiful escape to paradise, it also offers one of the finest investment opportunities in recent years. Rental occupancies for neighbouring St Lucia and Barbados currently run at over 80% and with St Vincent?s property prices a fraction of those of its West Coast neighbours, the rental returns are likely to be incredibly substantial over the next few years. Buccament Bay Resort nestles in the beautiful bay of the same name, occupying 70 acres of prime Real Estate. The resort is bordered on the Northern boundary by the Buccament River which has meandered through the Buccament valley, making its own path for thousands of years.Waters Edge, Buccament Bay Beach Spa Resort, St. Vincent, Windward Islands, Caribbean - Overseas Investment Property. Chic retreat Apartments.Due to the new agreement with Oasis Hotels and Resorts it is indicated that all property prices are to be increased by 20% within the next month . So now is a great time to to purchase a property and gain 20% instant capital growth.* 100% FINANCE AVAILABLE!* Just £1000 to pay until completion* Mortgages available up to 70% LTV *subject to status** No Capital Gains Tax for 20 years* Managed by a 5* Hotel company* Two years 10% rental GUARANTEED* followed by 50/50 room rate share* 30 days free use per year* 4 times cheaper than the West Coast of St Lucia and 5 times cheaper thanthe West Coast of BarbadosThe Hotel Management company has just been announced as The FIVE STAROASIS HOTELS and RESORTS. Oasis already have several 5 * hotels in thecaribbean as well as hotels in Spain, Mexico, Cuba and Morocco. OasisHotels and Resorts are part of the Globalia Corporation, the leadingtravel and leisure conglomerate in Spain, Which also includes theairline AIR EUROPA, HALCON VIAJES, VIAJES ECUADOR and TRAVEL PLAN.HALCON VIAJES and VIAJES ECUADOR are Globalia's travel agency networkwith over 1,400 travel agencies, and they have just purchased anAmerican travel agent that has approx. 100 shops across the USA.TRAVELPLAN is a specialised tour-operator serving over one hundreddestinations worldwide.By signing with Oasis Hotels and Resorts the development has affiliateditself with a major player in the tourism industry worldwide. With itsairline, hotels, travel agents and tour operators the GlobaliaCorporation offers the advantage of a global network to ensure that itsresorts will have maximum occupancy and accessibility via its airlineand affiliations.Set in a valley surrounded by a tropical rain forest, this exclusive resort will boast 5 star facilities including a superb beach front restaurant and bar, dive centre, casino and conference centre. NOW INTRODUCING ‘The Sanctuary’ on exclusive Spa Island. Not only does this complex offer a piece of paradise, but it also offers one of the finest investment opportunities in recent years.A 30 minute drive from the existing airport, and approximately 45 minutes from the proposed International airport, 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 hotel studio apartments to four bedroom plantation houses and exclusive penthouses, residing in their own landscaped grounds. The cabanas will make up the infrastructure of the hotel supplying five star rooms with the freedom of their own private villa. The properties will come fully furnished with air-conditioning to the bedrooms. Free occupancy by the owner for one month per year (2 weeks high and 2 weeks low season) will beincluded in the price. The whole complex will be run and managed 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 a government initiative to increase tourism on the island, there will be no income tax due on profits from the Buccament Bay Resort for twenty years from completion.Accommodation will comprise of 291 Cabanas each with their own plunge pool and veranda, three ‘standard’ apartment blocks, one ‘de-luxe’ block, and two hotel blocks. There is a separate, but adjoining spa resort named ‘The Island Sanctuary’, which will consist of 38 single bed and two 2-bed luxury villas, as well as world-class spa facilities and a restaurant. Sitting high on the embankment overlooking the highest parts of the resort and nestled against the face of the 350ft cliff, will be The Sugarmill casino and restaurant, a two-storey structure with the casino on the lower floor and the restaurant on top where it will make the best use of its extravagantsweeping balcony for a choice of undercover or open-air dining overlooking the entire resort with the sea and the valley stretching into the distance.The resort main restaurant will be situated close to the beach, with seating for 400 people. Directly in front of the restaurant will be an open deck leading down onto a white sand level, separated from the sea by a hardwood walkway.The main pool is half Olympic size, (80ft x 40ft) and will comprise of a swim-up bar, waterfall, spabaths, and children's pool. The area will be screened from the adjacent cabanas by landscaping. The beach facilities will also include a dive/sail centre, with a protected area of the sea, close to the southern cliffs, that will be used for diver training, snorkelling, and kayak storage. There is an enclosed lagoon with an adjoining marina which will consist of a main jetty with floating concrete berths to thesouth. There will be berthing for 14 vessels (7 catamaran), each with shore-power, water and internet access. In addition to the Berths, there will be 10 mooring points. The very end of this jetty will form the mooring point for the 130ft square-rigged galleon. The Dive and sail centre will be a fully fitted diver training centre. From this centre, a pathway leads across the beach and onto the floating jetty.In order to provide a typical Caribbean white sand beach,the existing black sand will be replaced with fine white sand from Guyana and a sheltered lagoon will be created, using entirely natural materials. The sea wall enclosing the lagoon has been engineered to serve a variety of purposes, including the protection of the beach during extreme weather, prevention of ‘long-shore sand drift’, and the creationof an artificial reef, which will increase the already-abundant marine life in the area.The conference centre is close to the hotel blocks and main reception area. As well as air-conditioned seating for 500 delegates, the centre will be fitted with state-of-the-art audio-visual multi media presentation equipment. The conference centre will also have the ability to serve as a venue for functions, disco’s etc.The sports facilities will include a fully-fitted gym with sauna, several tennis courts, as well as a hardcourt area, suitable for basketball, netball or 5-a-side soccer. All facilities will be floodlit for night-time use. In addition, we are proud to announce our Soccer and Tennis Academys. An 18 hole golf course is also planned just 10 minutes away.Interesting FactsTotal area: 389sq KmPopulation: 117,848Capital City: KingstownLanguage: English / French patoisLiteracy rate: 96% total populationReligion: Anglican, Methodist, Roman CatholicGovernment: DemocraticGovernor General: Sir Frederick BallantynePrime Minister: The Right Hon Ralph GonsalvesMajor industries: Tourism, Agriculture, food processing, cement, furniture, clothingMajor trading partners: The Caribbean, UK, USA, Canada, Japan, GuyanaThe city consists of twelve small blocks that are easy to walk and perfect for browsing. Shops and stores range from simple to sophisticated, selling everything from local crafts to gold and silver jewellery. The average yearly temperature is 27°C (81°F) with the coolest months being between November and February. During the rainy season (May to October) the rain is more frequent in the mountains than the coastal regions.St Vincent is a stunningly beautiful island that has remained largely unspoilt from the ravages of tourism. Due to it being slightly off the beaten track, it has been able to remain an exclusive and relatively undiscovered jewel of the Caribbean.The International Airport to be built at Argyle (proposed completion by 2011); and the filming of the blockbuster `The Pirates of the Caribbean’ films with stunning scenes depicting the ultimate Caribbean paradise, have only added to this exquisite islands appeal.Whilst the Caribbean state of St Vincent and the Grenadines (SVG) is probably best known as a hideaway for the rich and famous, the former British colony is now emerging as a well governed and regulated financial jurisdiction to rival the more prominent offshore finance centres in the region. In the past, the country's economy was based on income from sugar and bananas, although tourism has since superceded agriculture as St Vincent’s biggest earner. Economic growth has been restricted by a combination of events such as climatic problems and the need to remodel the financial services sector to appease the OECD and FATF (Financial Action Task Force) which has become a high priority for the Government. Accordingly, an ambitious programme of policy reforms designed to strengthenthe public finances, achieve higher growth, lower unemployment and reduce poverty is underway. Banking, trusts, insurance and mutual funds form the cornerstone of the finance industry, although the registration of International Business Companies has also become a strong growth area for SVG. According to the International Financial Services Authority (IFSA), by the end of April 2004, some 357 new IBCs had registered in the country, compared to 194 during 2003, representing growth of 84%. In total there are around 6,300 registered IBCs.In terms of communications, the UK telecommunications firm Cable and Wireless provides most of the telephone services in the country, with fax, cable and internet services also in wide use. Mobile phone services are provided by the Caribbean Cellular Company, although the opening up of this market by the Government has recently seen two new entrants. So, with its location some what off the beaten track and its miles of unspoilt sandy beaches, St Vincent may be an attractive proposition to those wishing to buy a holiday home in the Caribbean, away from the tourist throng of its neighbouring islands. Besides the laid back lifestyle, the country is also an interesting and nowadays well - regulated base for the expatriate or international investor.The western coast of St Vincent is no stranger to having its beauty portrayed on film. All three of Disney´s 'The Pirates of the Caribbean' films were shot in the next bay along from Buccament Bay; St Vincent will undoubtedly benefit from a greaterpublic awareness with these major releases.Property Details http://www.propertywinners.co.uk/Area DescriptionSt Vincent and The Grenadines, part of the Windward Islands, are located approximately 1,600 miles South East of Miami and 100 miles west of Barbados. In a typical Caribbean setting, the nation itself consists of a group of 32 small islands. St Vincent, the largest, is a lush volcanic island just 18 miles north to south and 11 miles wide. Its capital, Kingstown, has a natural deep-water harbour and the island is dominated by the 1,220 metre volcano La Soufriere that resides in the north. The capital city of Kingstown is located in the south-western part of the island, nestled along Kingstown Bay and surrounded by a ring of green hills and ridges. Nicknamed the ?City of Arches?, Kingstown is full of old world charm, with cobblestone sidewalks, old brick buildings and, like many Caribbean capitals, much of the colour and bustle of the island can be found in the market square.