<%@LANGUAGE="JAVASCRIPT" CODEPAGE="65001"%> Barrasford & Bird Worldwide

 

 

 

Grenada
Bacolet Bay Resort

Barrasford and Bird Worldwide are delighted to offer an exclusive investment opportuinty on the breathtaking Caribbean island of Grenada. With a very low build density combined with one of the most spectacular locations on the island, Bacolet Bay will become a leading destination in the region.

Located in the region of St. David’s on the south coast of Grenada, just 20 minutes from the international airport, Bacolet Bay is ideally situated 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. With 41 acres of tropical gardens, a 200m white sand beach and a secluded bay, Bacolet Bay is an investment opportunity not to be missed.

With a very low build density, just 12% (which equates to just 5 properties per acre), the resort comprises chic garden apartments and luxury private villas tiered into the hillside to ensure scenic sea and mountain views. Every property has a private pool and all are built to the highest specification and most luxurious Caribbean design.

There are no other comparable resorts on the island and few resort locations in the world rival its superb setting and outstanding views.

View from Bacolet Bay

Facilities

Hotel & Resort

Bacolet Bay will be an integrated resort, managed to the highest standards. Facilities and services will compare with any world class hotel or resort. Residents and guests will enjoy impeccable service offered from the main resort reception and other facilities. The hotel reception area is located near the hilltop and offers magnificent sea views to arriving visitors and diners in its A La Carte restaurant.

Bars

A variety of bars will be located around the resort allowing residents to choose between sipping chilled Caribbean cocktails on the beachfront or watching from the hillside as the sun sets and the tropical night closes in.

Restaurants

Sumptuous dining areas with ocean views will offer residents the finest haute cuisine. From local Creole cooking to international 5 star A La Carte menus and fine wines, the array of choice will be extensive and will satisfy a variety of tastes.

Be sure to take advantage of one of the resorts most desirable eateries; an exclusive over water dining area. Wonder at the vivid underwater world whilst savouring some of the island’s delicacies. Or take a snack at the panoramic bar located on top of the tunnel which links the residential and hotel area. The open fronted eatery combines the finest Grenadian cuisine with stunning views over the valley and forest covered mountains.

Gym & Spa

Designed by Howard Consulting and set within 2 acres of tropical forest, the spa will provide a haven to all guests and owners at the resort. The central spa will provide a superbly appointed gym and changing facilities alongside a range of thermal and hydro experiences. Whilst outside the natural lagoon-pool is a calm oasis shaped by lush and rich jungle vegetation. Private suites will also be available with their own relaxation pools and experience showers, for guests to enjoy a whole day dedicated to pampering.

Wedding Chapel

Nestling among the palm trees just a couple of metres from the beach, Bacolet Bay resort and Spa have created their own piece of Caribbean romance with a traditional Grenadian Wedding Chapel. With its spectacular ocean views it is the perfect location for the most important day of your life.

The Properties

Properties at Bacolet Bay resort will take in some of the most spectacular views on the island of Grenada.

Hotel Cottage - The hotel cottage consists of one bedroom with separated dressing room, bathroom, 239 ft2 plunge pool with waterfall feature and shaded terrace. The total area of the cottage is 864 ft2. Hotel Cottage

One Bedroom Villa - The one bedroom villa consists of an open plan living and kitchen area. The bedroom is facilitated with an en-suite bathroom, separate toilet and walk-in wardrobe. Outside you will find a 200ft2 plunge pool and private covered and open terrace area. The total area of the one bedroom villa is 1349 ft2

 

One Bedroom Villa

Two Bedroom Apartment - The two bedroom apartment consists of an open plan living, dining and kitchen area, 2 bedrooms each with en-suite bathroom. Outside you will find a veranda with a private plunge pool. The total area of the apartments varies depending on the apartment block and floor.

 

Two Bedroom Apartment
Two Bedroom Villa - The two bedroom villa is the newest addition to the Bacolet Bay site. The villa contains an open-plan living, dining and kitchen area. Two bedrooms each with an en-suite bathroom and external shower court. The outside area comprises an open and covered terrace with an additional decking area with a Gazebo for shade, plus a 137 ft2 plunge pool. The total area of this villa is 2647 ft2. Two Bedroom Villa

Property Prices

Property type

$ Starting price (USD)

£ Starting Price (Sterling)

2 Bed Apartment

$441,000

£220,500

2 Bed Beach Apartment

$703,500

£351,750

1 Bed Villa

$609,000

£304,500

2 Bed Villa

$971,250

£485,625

Hotel Cottage

$451,000

£225,500

Renting your Property

The figures below show an average of the return estimates provided by three experts including Cushman & Wakefield. It should be noted that these figures are based upon estimates for the first year of stabilised operation.

With mortgages in Grenada typically offered at 70% loan to value and available in either East Caribbean or United States Dollars, an investment in Bacolet Bay can be fully leveraged and not only remain cash flow positive, but do so at a substantial level.

Property buyers are required to sign a long term lease (20 years +) with the resort operator who will then manage the property as hotel accommodation, letting it on a nightly basis through all channels available to them.

Unit type

Price

Room Rate

Owners Annual Income

Maintenance fee

Net Income

Yield

Hotel Cottage

$451,000

$628

$65,940

$4,300.00

$61,640.00

13.5%

1 Bed Villa

$609,000

$458

$80,150

$6,900.00

$73,250.00

11.4%

2 Bed Apt

$441,000

$560

$78,400

$6,210.00

$72,190.00

15.8%

2 Bed Bch Apt

$703,500

$560

$78,400

$5,977.50

$72,422.50

9.9%

2 Bed Villa

$971,250

$765

$133,875

$13,235.00

$120,640.00

12.4%

 

Click here to download your copy of the Bacolet Bay Investor GuideFor more information about this exciting opportunity or to receive a FREE printed copy of our Bacolet Bay brochure, please contact us today on 0800 1 303 101 or e-mail info@bandbw.co.uk

Barrasford and Bird are pleased to offer bespoke viewing trips to Grenada so that you can see the fantastic location of the Bacolet Bay resort for yourself. Contact us today for further information.

 
0800 1 303 101 - Call NOW to speak to one of our professional consultants

 

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