Buccament Bay
We are delighted to announce that work is progressing well at the 'Buccament Bay Resort´ on the exclusive and unspoilt Caribbean island of St Vincent. Not only does this complex offer a beautiful escape to paradise, it also offers one of the finest investment opportunities in recent years. Rental occupancies for neighbouring St Lucia and Barbados currently run at over 80% and with St Vincent’s property prices a fraction of those of its West Coast neighbours, the rental returns are likely to be incredibly substantial over the next few years.
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.
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