Property Details
- Property: Penthouse (In Development)
- Bedrooms: 3
- Bathrooms: 3
- Receptions: N/A
Waters Edge, Luxury 3 Bedroom Penthouse
Located beside the Caribbean Sea within the luxury 5 star Buccament Bay Beach Resort on the west coast of the beautiful island of St Vincent, Waters Edge is a development of luxury suites, built to the highest standards of design and specification, each with a balcony affording a stunning sea view.
Features
* Spacious, air conditioned luxury 3 bedroom penthouse with private balcony, plunge pool and jacuzzi
* 4410 sq ft / 409.7 sq m
* Fully furnished to the highest standard; each double bedroom has a luxuriously appointed ensuite shower room
* Interactive entertainment system with flat screen TV, stereo and internet access
* Use of 5 star amenities and services offered by the Buccament Bay Beach Resort
* £1,000 reservation fee - nothing else to pay until completion
* 100% finance available - the developer pays the monthly interest payment on the 30% deposit (subject to status)
* 70% guaranteed mortgage from completion
* Two year 10% rental guarantee followed by 50% net room rate share
* 30 days free use per year
Buccament Bay Beach Resort is located in a tranquil bay on the west coast of St Vincent just 15 minutes from the airport and is the perfect location from which to explore some of the best sailing and diving in the world. The resort is built to the highest specification and will provide St Vincent with its first luxurious 5 Star family-oriented resort offering state-of-the-art facilities including The Island Sanctuary spa, a sports academy, casino, marina and many exclusive bars and restaurants which means it has excellent rental potential. It will be managed and maintained to the highest standard by a world class resort management company.
St Vincent is a new tourist destination; it is beautifully unspoilt and underdeveloped and has huge potential for growth, which is supported by the government. Sunny weather all year round makes it an ideal holiday destination at any time. Property prices are currently a quarter of those in St Lucia and Barbados, so now is the perfect time for an early investment in this market as prices will rise when the resort opens as the island becomes more popular due to the increase in visitors.
St Vincent operates a favourable taxation regime for international entities which are not subject to tax under the country’s laws. There is no capital gains tax, no inheritance tax, no tax on dividends. Capital and profits may be freely repatriated up to a limit of US$100,000
The building of the resort is well underway and is due for completion in Summer 2010.
Buying a property at Buccament Bay will provide you with an excellent long term return on your investment.
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