Hotel cottages within a 5* resort, below market value with 70% LTV finance, offering excellent guaranteed returns up front and fully managed by a premier operator

Bacolet Bay Hotel Cottages

The hotel cottages in Bacolet Bay are an excellent Caribbean property investment within a luxury 5* resort.

The cottages offer a unique investment proposal with just 15% deposit at exchange with 15% loaned by the developer until completion. Clients can obtain a 70% LTV mortgage (STS) on completion and will receive 3 years of the rental guarantee of 10% per annum up front in advance on completion,

The 30% advance on the rent can be used to pay back the 15% loan from the developer taken on exchange and pay the investor back their 15% deposit paid on exchange. The mortgage and maintenance charges will also be paid for the first 3 years by the developer and the purchaser can enjoy 4 weeks personal use per annum.

These units are competitively priced at 18% below RICS valuation and include a full furniture pack within the purchase price.

The stunning 5* Bacolet Bay development in Grenada is close to the capital of St Georges and enjoys a superb location overlooking a bay surrounded by luscious rain forest, white sandy beaches and warm seas. Point Salines International Airport is located just 20 minutes away and Bacolet Bay will be the first 5* resort to be completed on this part of the island. 

This striking resort is set to be managed by one of the leading luxury American hotel management companies and has been designed to meet the growing tourism industry, with the island enjoying increasing levels of tourists from the US and the UK. The introduction of daily flights from the America and twice weekly flights from two British airlines has also made the island even more attractive to tourists.