Latest Grenada Property Investment – Bacolet Bay
March 6, 2009
Grenada real estate market. Property in Grenada currently offers very good value for money in relation to most of the other Caribbean islands.
Grenada has very good infrastructure and strong government targets showing a clear path to generate an upmarket tourism destination with top quality Grenada property resorts for residential and tourist guests.
To ensure Grenada stays a high quality destination, the government are using lessons learnt by other islands in the Caribbean and employing careful planning restrictions to ensure the properties are low rise, low density but not over-supplied.
Capital appreciation is currently said to be at least ten percent a year. Mainly due to the currently low amount of quality accommodation ensuring high levels of demand for both investment and second home purchases driving the values of real estate and yields in this sector.
Bacolet Bay Beach & Spa Resort
Bacolet Bay is a quality new resort development being built in a tropical oasis surrounded by fantastic views of the sea, sand and tropical forest.
Bacolet Bay will offer 5 star lifestyle and state-of-the-art facilities in a stunning location, as well as an a very attractive investment opportunity.
The luxury low density resort offers a mix of apartments, villas and hotel cottages situated across 41 acres of tropical gardens.
Bacolet Bay Facilities include:
Hotel & Resort – managed to the highest standard
Bars – located all around the resort
The restaurants will offer top quality cuisine from local Creole cooking to international 5-star A La Carte menus and wine
The Spa & Gym will be the perfect place to exercise and relax
Wedding Chapel – nestled in the perfect setting with spectacular views over the ocean creating a perfect location for the most important day of your life
Swimming pools with beach club area
The resort has Tennis Courts
Conference facilities are available
there is a private beach for guests and residents to relax and enjoy
Location
Not many places on the planet that could beat the setting and views of Bacolet Bay.
This perfect location, outside the hurricane belt and is set in the private bay setting with fantastic views of the beautiful Caribbean sea with white sandy beaches on a back-drop of lush rainforest and mountains.
The airport offers many regular flights and is only 20 mins away from the resort.
The resort will provide
This Caribbean development is a superb overseas investment property opportunity for both lifestyle enjoyment and financial returns. Located on one of the less development islands in the Caribbean with a shortage of good quality accommodation in the region therefore the development is ideally positioned to benefit from good capital appreciation and rental income.



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