St. Vincent - Buccament Bay
WITHDRAWN AS PROJECT NOT CONSTRUCTED
St. Vincent Property for Sale
A wide choice of apartments and villas available at this 5 star resort with beachfront restaurant & bar, dive centre, casino and other amenities, including an 18 hole golf course within a 10 min. drive.
Buccament Bay is located in a small bay on the Caribbean Sea and is only 45 minutes from the airport and can be reached via daily international flights from Barbados, Grenada, St. Lucia and Trinidad.
This resort, which is located on the beach and has the villas laid out around an attractive lagoon, is well into the construction programme, with most of the resorts properties becoming available through 2007 and 2008.
The one bedroom semi-detached cabana homes, shown above, are being offered at US$555,750.
The one bedroom semi deluxe cabana, shown above, is being offered at US$682,500.
A two bedroom semi detached cabana, shown above, can be purchased for US$965,250.
All properties are provided fully furnished to 5 star resort standards.
This 2 bedroom luxury detached plantation villa, shown above is being offered for US$1,267,500.
All properties are provided fully furnished to 5 star resort standards
The 3 bedroom luxury detached plantation villa, shown above, is being offered at US$1,462,500.
The resort also includes four apartment buildings that offers various sized apartments as shown below.
The Studio apartments shown above are being offered from US$250,000 and 1 Bedroom are being offered at US$300,000. There is also another block of studio apartments with a floor plan of 400 sq feet and being offered between US$230,000 and US$330,000 depending upon their location within the block.
The 2 Bedroom and 2 Bedroom Wrap apartments are being offered at US$350,000 and US$400,000.
All of the properties are being sold fully furnished and are designed to be rented out by the resort management company.
The Site Plan below shows the location of the various types of villa and the 4 apartment buildings, as well as the spa, restaurant and bar and reception building. There 190 cabanas, 19 plantation villas and four apartment buildings.
The properties at this resort are being sold freehold, but under the agreement with the resort, need to be in rental management by the resort for 11 months of the year.
The resort is offering up to 100% financing, 70% mortgage (subject to status). You can start your purchase with a US$2,000 holding deposit, followed within 14 days by a 10% deposit and a further 20% payment another 30 days later.
All prices shown are based on an exchange rate of One Pound Sterling = US$2.00
This 5 Star Resort offers an exceptional managed property, that is ideal for investment purposes with the first 2 years 10% rental guaranteed, followed by 5 year 50% room rate share. The owner can enjoy one months use of the property free of charge, taking 2 weeks high season and 2 weeks low season.
Buying Property in St. Vincent & the Grenadines
The Alien Landholders License
Foreigner's buying property in St. Vincent and the Grenadines are required to apply to the St. Vincent Government for an Alien Land Holding License. The Alien Landholders License can only be applied for, once a deposit has been placed on a property.
To apply for the licence the foreigner needs to employ a local St. Vincent attorney and will be required to provide the following documents :
A police certificate
A banker's reference
The attorney then makes the application for a Alien Land Holding Licence. Upon filing this application a fee of EC$ 2,500.00 (US$936) will need to be paid to the St. Vincent Government. The application takes about 10 to 14 weeks to be processed by government. Once approved a further fee must be paid to the government, on a sliding scale, based on the value of the property. Click here for further details.
The costs for registering the deed of conveyance on a property in St. Vincent and the Grenadines is 10% of the property value, with the costs split equally between the buyer and the seller and payment made directly to the government.
Please click on the St. Vincent Info button or the Buying in St. Vincent to find more information on buying property in the St. Vincent and the Grenadines.
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