Cash investment back within 18 months, Bacolet Bay, Grenada

19 August 2009

Principal International are delighted to offer to our clients an innovative new way to invest in this stunning beachside development on the island of Grenada.

Bacolet Bay, Grenada investment property

Investors are required to put just 15% down at exchange with 30% being paid out at completion returning to the investor the initial cash input they have invested into the project.

How does this work?

  • Client reserves with $5000
  • Client within 30 days signs the contract and pays 15% minus $5000
  • The developer makes an interest free loan to the client of 15%
  • At completion on target for Q4 2010, the client receives 3 years 10% rental in advance equating to 30%
  • Client is repaid initial 15% development & developer is repaid 15% loan
  • The mortgage ( Up to 70% LTV STS ) is paid for the first 3 years by the developer
  • No maintenance or management charges are payable by the investor for the first 3 years
  • The client is entitled to 28 days personal use per year

This fantastic spa development is due for completion at the end of 2010 and will be managed by one of the worlds premier hotel operators

For further details or availability please visit: Bacolet Bay, Grenada.

Further information can be found here :
Caribbean Property News, Grenada Property News, overseas investment property news, property investment deals


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