Property Grenada

With only a 12% density, Bacolet Bay sits elegantly into the spectacular Caribbean landscape of the island of Grenada. Chic apartments and luxury private villas tiered into the hillside provide scenic mountain and breathtaking sea views. The resort is designed to offer a unique mix of privacy, exclusivity and a genuine sense of place; the real Caribbean.

5* Amenities

A world-class health & spa centre will be available to all guests. Restaurants and dining areas will provide sumptuous dining with Caribbean style. The resort reception provides all the services you would expect of a leading 5* resort including, private transfers, housekeeping, in-room dining and concierge.

A Leading Destination

With 41 acres of tropical gardens, a 200m white sand beach and a secluded bay, Bacolet Bay will become one of the leading destination resorts in the region. Located in the region of St. David’s on the south coast of Grenada, Bacolet Bay is ideally located for many of Grenada’s attractions whilst also being in a prime location for privacy and for taking in some of the most spectacular sea and rainforest views in the world.

Grenada – The Island of Spice

Located in the Eastern Caribbean, Grenada affords the perfect location, outside the hurricane belt, with average temperatures between 24 and 34˚C mainly tempered by the cool trade winds.

The island covers 133 square miles of mountainous terrain, with its highest point over 2,750 feet at the top of Mount St. Catherine. Grenada’s natural beauty, pristine white sandy beaches provide the perfect setting to relax whilst the charming capital, St George’s offers every modern convenience.

The airport is only 20 minutes away with a number of flight operators flying to Grenada’s Point Salines International Airport, with flights available from £300. They include British Airways, Virgin Atlantic, Monarch serving the UK, Condor from Germany, Air Canada from Canada and American Airlines from Miami and the US travelling up to 5 times weekly.

The resort will offer guests a wide range of the finest 5* facilities including:

• Hotel & Resort - managed to the highest standard
• Restaurants to snack bars - serving the finest cuisine from local Creole cooking to
• international 5* a la carte menus and wine
• World class waterfront spa by Neil Howard, designer of the Armani Spas
• Resort reception with panoramic views, fine dining restaurant and formal bar
• Beach club, featuring large pool, beachside restaurant and bar as well beach BBQ
• Rainforest view cafe for light snacks and cocktails
• State of the art gym and tennis club
• Wedding Chapel with spectacular views over the ocean
• Swimming pools with beach club area
• Conference Facilities
• Private Beach

In comparison to other high end resort developments in the Caribbean, Bacolet Bay has a
unique and distinct location being situated in a beach setting with views of the Caribbean Sea.

The target market of foreign second home buyers and users, especially from the UK, Europe
and Canada remains strong.

The independent valuation company are RICS* qualified and certified and have provided
valuations which confirm the purchase prices of the Villas as being 17% below open market
valuation.

*RICS is the Royal Institute of Chartered Surveyors

Whole Ownership deal:
8 years guaranteed minimum income 7.2% for 1st 2 years 5% thereafter – all uncapped
Average yields first 8 years 10.5% p.a.
Up to 12 weeks usage per annum
 
Fractional:
10 years guaranteed minimum income of 5% p.a. starting from contract (Uncapped post completion)
Average yields first 8 years 10.5% p.a.
Sipp Compliant