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Property for sale information

 
Buccament Bay Resort  
Reference nr: SA666524
Description:

THIS RESORT IS DUE TO OPEN AND OCCUPY GUESTS ON THE 1ST JULY 2010

100% FINANCE AVAILABLE!
* Just £1000 to pay until completion
* Mortgages available up to 70% LTV
*Developer assistance with 30%
* No Capital Gains Tax for 20 years
* Managed by a 5* Hotel company
* Two years 10% rental GUARANTEED
followed by 50/50 net room rate share.
* 30 days free use per year
* 4 times cheaper than the West Coast of...
..of St Lucia and 5 times cheaper than the west coast of Barbados.



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.
‘The Sanctuary’ on exclusive Spa Island situated within the resort, not only offers a piece of paradise,
but it also offers one of the finest investment opportunities in recent years.

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.

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.
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 be
included 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 hig

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 176,500
1 1
2 1
Features:
Beach
Furnished
Private Swimming Pool
Spa
Submission Date:
02-29-2008
Last Update:
09-05-2009
Advertiser Details:


Name:
Stephen Adams

Company:
Vista Worldwide Property

Phone:
+44 (0)844 504 7415
Fax:

Mobile:

 
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Calculators

 
Property price: €176,500
 

Mortgage

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ROI

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Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
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Equity Rel.

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Note:
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