Let’s take a look at the current Real Estate Market in Grenada. Property in Grenada currently offers excellent value for money compared to many 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 remains 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 growth is currently predicted at 10% annually over the medium term. Mainly due to the currently low amount of quality accommodation ensuring high levels of demand for both holiday home buyers and property investors pushing up prices and yields in this sector.
Bacolet Bay Beach & Spa Resort
Bacolet Bay is set in a luxurious oasis surrounded by spectacular views of the sea, sand and rainforest.
Bacolet Bay will provide 5 star lifestyle and state-of-the-art facilities in a spectacular location, as well as an a very attractive investment opportunity.
This luxurious, low density resort offers a mix of apartments, villas and hotel cottages situated across 41 acres of tropical gardens.
Bacolet Bay Facilities include:
The management of the Resort will be world class
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
The resort will even have its own Wedding Chapel a perfect location for the most important day of your life
Swimming pools with beach club area
Tennis Courts
Conference facilities are available
there is a private beach for guests and residents to relax and enjoy
Location
There are few locations on the planet that can surpass the setting and views offered by Bacolet Bay.
This perfect location, outside the hurricane belt and is set in the private bay setting with fantastic views of the warm seas with white sandy beaches on a green lush tropical background and mountains.
The airport is only 20 minutes away with a number of flight operators flying to Grenada’s Point Salines International Airport.
The resort will leave you wanting for nothing more during your stay.
This Caribbean development is an excellent overseas investment property opportunity for both lifestyle enjoyment and financial returns. Bacolot Bay is situated on one of the less development islands in the Caribbean with a shortage of good quality accommodation in the region therefore the development is well positioned to benefit from both rental returns and capital gains.
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