Buccament Bay, St Vincent

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Overseas Connections 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.

Join the millionaire set, from only £65,000

'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 Caribbeanfinished resort will have a mixture of properties, from studio apartments to four bedroom villas residing in their own landscaped grounds. Facilities will include a gymnasium, full hotel facilities, pools, spa and casino.

 

The completion of the resort is scheduled for December 2006 and will consist of 109 one and two bedroom Cabanas (Villas) including five plantation houses all with their own plunge pools and veranda.

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. This entitles a cabana owner to a rental income estimated to be as high as 20% per annum.


There are also two apartment buildings released that are available with an unrestricted use title. This enables an owner of an apartment to add their property to the rental pool to generate further income or enjoy the luxurious surrounds for an extended vacation.
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There will also be full residential villas at the rear of the complex completed in 2007 which are currently not available for reservation.

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.

 

The complex will be managed by 'Global Tourism', led by the ex-chief director of the team who previously managed the famous Sandy Lane in Barbados; as such rental returns are expected to exceed 15% per annum.

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 Caribbeanin the next few years.

The Cabana's come fully furnished to a five star standard as necessary for the hotels envisaged classification, whilst furniture packages will be available for the apartments and villas.

The complex will officially be released during February 2006. Until that date, it is possible to secure pre-reservation prices, which offer up to a 20% reduction. Please note, it is possible to sell on your initial interest.

 

 

 

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